When all I hear on this site are layoffs!
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Payroll isn't going down. Every 3 they RIF they hire in management at 500k per person. AIG200 is an accounting gimmick to create a charge against earnings then report better results because the cost is hitting against the charge instead of normal expense. It's a shell game. This post will disappear because management doesn't want the scam to be revealed.
I think they did furlough during the beginning of the pandemic.
To Post ID: @hgs+15ZSrPSy AIG doesn't furlough it's employees so I doubt that would ever happen
I think he may have said "no furloughs" which is different
To Post ID: @rxw+15ZSrPSy and if they do they will say it's due to AIG 200. They will use Covid in 2021 to lay off more.
They will not layoff anyone with the Virus. That is why!
Because the current layoffs are not from COVID (that's next year!). The current layoffs are from mismanagement of the company, poor business decisions, and lack of work, that existed before COVID.
To Post ID: @OP+15ZSrPSy they call it AIG 200. Lay offs have been going on at AIG for a very long time. They lay off employees and BD and PZ bring their buddies in and create more Senior Management Positions.