Thread regarding AIG (American Intl Group Inc.) layoffs

High cost of hiring cheaper employees

I sincerely hope that the leadership is becoming aware that a cheaper workforce will not help this company, but on the contrary, it will cause great harm to it. I don't want to underestimate anyone, there are excellent employees everywhere, but I think that AIG made a big mistake when they thought that a cheaper workforce would solve all the problems in the company...

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| 2241 views | | 8 replies (last July 28, 2022) | Reply
Post ID: @OP+1hPXe8pR

8 replies (most recent on top)

They just want to sell GI

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Post ID: @7vhk+1hPXe8pR

Look at what’s happening in HR and ops with all of the outsourcing, RIF,s and talent voluntarily leaving. It’s a 3 ring circus with constant mistakes and miscalculations. The old faithful, rock solid employees who could always be counted on have jumped ship and now management is lost. Truly embarrassing stuff.

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Post ID: @1gsu+1hPXe8pR

I hear some businesses (especially Travelguard) are expressing concerns about the talent level of the IT staff since the Accenture deal. Number of critical incidents have spiked and they are not very happy.

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Post ID: @lqo+1hPXe8pR

PZ has 186,000 shares of AIG stock. Feeding your family is not his concern.

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Post ID: @cyf+1hPXe8pR

I work for another company and they also outsourcing work outside the USA. It’s MO for companies to save on cost. It’s all about there pockets. They have no use for the lower rung people.

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Post ID: @kxd+1hPXe8pR

Exactly, this executive team will be here for maybe 2 more years, tops. Do you think they care about quality? It's about stock options baby!

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Post ID: @anv+1hPXe8pR

If you are just winding down a business, sr execs believe that anyone will do.

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Post ID: @auy+1hPXe8pR

You think they care?
As long as they can save those Benji's...the rest can crater.
Savings over quality.

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Post ID: @zhq+1hPXe8pR

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