Just wondering if anyone might have any insight into whether those that are fully remote workers are at greater risk of being RIF'd than those that are considered lower performers (based on reviews/management ranking)? There was a previous post here that indicated that remote workers would be the first to go but I was just curious if anyone had any further information or insight on whether that is truly going to be the case or not?
16 replies (most recent on top)
Last I heard is that there are people who will get their full bonus for the year. As for the others no raises at all and bonus payout will be 80 to 95 percent of bonus. For the people leaving on March 31st they will get full bonus and severance. Some people will get retention bonus to stay in their jobs, again not many people will get it. For others who don’t get one, it’s good to start looking to leave as they will continue to outsource positions to Accenture.
No one knows what they are doing...it's a total mess. No help....getting out. Hate this place.
They are going to put everybody in jeopardy low pay no bonus cut STI. Stay if you want or otherwise leave your job.
Corebridge here and I workout of the Jersey City office. I think they have space here and Liberty street. I am sure eventually they will consolidate the real estate space to save money. Just curious to see how long will AIG will be majority owner.
Jersey City? Didn’t they just completely re-do the Liberty St office and relocate NY based C-suite there from mid-town?
I believe they will have an office in Jersey City and close the New York City office. With the looming layoffs in March, it’s possible they can do the hybrid style in Jersey City. Top Management will move to Houston.
Keep the Financial and Traders in Jersey. Has anyone heard anything else?
CRBG long term plan is hybrid and selected WFA. They will be reducing real estate print over time to reflect that. Question is what does that mean? Will they keep NY/NJ office long term?
That’s good to know. I know a lot of CoreBridge people that are working from India right now. I am curious if that eventually we will need to come to the office once or twice a week down the road. I just don’t see them keeping 5 days a week out of the office. Do you think Corebridge will consolidate its office space and move functions out of New Jersey/ New York area to their offices in Houston eventually also? Just so many unknowns with CoreBridge.
Corebridge here, what I have been told is that WFA until further notice. Hogan does not have any issues with WFA. Hope it stays that way.
What kind of hybrid model will Corebridge do? Right now we are doing 5 Days at home. Will this change once the layoffs take effect in March 31st.
Corebridge is going with the hybrid approach, they are not of the same mind as Pirate Pete.
Is this only for AIG or this affects Corebridge workers too?
You will need to be able to get into the office a minimum of 3 days a week. Fulltime WFA ........does not look good by what I am hearing. Maybe they will offer you to move closer to the office.....I would not do it.
Based on the town hall, you can tell the big guy hates wfh. We’re “better together” is his mantra and he’ll wish it into existence. Whether he’s stupid enough to get rid of the talent that prefers to wfh is yet to be seen. With everything else that’s happened around here, I wouldn’t be surprised.
I’ll believe it when I see it.
Yup, remotes are toast.