They never announce layoffs. It's all done quietly and quickly. There is no formal period for staff to know their job is at risk, they just get told to go. Friends and colleagues only find out when they see an empty desk. Some local managers do give advance warning but this is against HR wishes.
Rumor is the next round is July.
I don't work there, however, I've been aware of layoffs for some time now. It's probably done quietly and on the down low to reduce the hurt to the employee. It's similar to removing a Band Aid quickly and painlessly. It also helps to reduce any possible lawsuits.
Heard P & C subrogation got hit last month. They got 6 weeks notice. They're done end of the month. (July)
Any updates since 7/14 has come and gone?
All back office out of New York. IT first next is Investment accounting area. Coming soon
Typical AIG. Always look to swing the ax around after the holidays. I have been with this company for over 15 years. They don't appreciate your work. Look elsewhere. You will be much happier than this sh-- hole.
Agree. I keep hearing rumors of layoffs "across the board" in July.
Heard July 14