Thread regarding AIG (American Intl Group Inc.) layoffs

Sorry to be so honest, but someone has to be!

Think of this logically. You hire the highest paid ceo in your industry (BD). He hires another guy (PZ) to actually run the company. PZ hires all of his exec friends from around the country to fix AIG. They fail horribly. End of day AIG pays hundreds of millions of dollars for leadership over 3 plus years. They can’t fix AIG.

Then the leadership being paid hundreds of millions hires Accenture to run the company for hundreds of millions more dollars.

Stock is at $26 a share, less than half of its price a year ago.

Ask yourself if you really see a future at AIG? If you do, then you get what you deserve.

Sorry to be so honest, but someone has to be.....

by Anonymous
| 2807 views | | 8 replies (last November 16, 2020) | Reply
Post ID: @OP+1765saRT
Comment! It's anonymous!

8 replies (most recent on top)

So much insecurity in this company. Kinda glad we're all remote as the office itself leaked with negative vibes full of mediocre people who have seemingly never truly been tested in their mediocre lives. Now that anyone could be on the chopping block, meaningful projects are not distributed as they should be and management relies on their team leads for doing the majority of the work because why give the objectively more skilled employees opportunities to show their technical abilities? I simply see a bunch of scared sh*tless mid level managers and others who are content to bury their heads in the sands, in denial of what AIG has become.

by Anonymous
| | Reply
Post ID: @Rxjf+1765saRT

After L&R Some of aig entities in Europe will be easy to sell and it will remain only Japan and US the worst toxic geographies at AIG so not sure about the projections and PZ plan but apparently he is still having some fans

by Anonymous
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Post ID: @Rfkh+1765saRT

This is absolutely true and Aig is going to observe more troubles in the coming months not a good place to be ... I am happy to be out as this company is going to fall in pieces after the breakup

by Anonymous
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Post ID: @Rkpa+1765saRT

Well it looks like many of us will now work for Accenture, who just missed earnings. Happy Thursday. AIG should implode eventually once the truth about financials and the self dealing among AIG managers who used to work for Accenture. NYT has been looking at this so maybe one day we'll get a full view.

by Anonymous
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Post ID: @ezf+1765saRT

Sorry, I take it back. AIG is a great place to work and you will certainly be here until you retire with a giant nest egg because PZ really does care about you and will do everything in his power to put every employees well being in front of his own. AIG is and will always be the world leader in insurance!

Feel better?

by Anonymous
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Post ID: @gtd+1765saRT

You’re not wrong, you’re just an a**hole.

by Anonymous
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Post ID: @ewh+1765saRT

I posted this originally and someone reposted it, not me, but whatever.

Not id–ts at all, I work here too. Just realize it’s not a long term solution. Milk it as long as you can, but always be ready and looking to move on either by choice or by forced exit.

If this doesn’t open your eye to what’s happening, then nothing will until you get the call. That’s all. Good luck!

by Anonymous
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Post ID: @qeb+1765saRT

You already posted this. We get it, we’re id–ts for working here.

by Anonymous
| | Reply
Post ID: @dtd+1765saRT

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