Thread regarding AIG (American Intl Group Inc.) layoffs

AIG has no concept of business operations

If AIG customers knew what is going on in AIG, they would definitely question why they and their families are insured through a third-rate company, one which treats it's own employees like **** and has no concept of business operations. No one should expect anything other than a sharp and steady decline, one that has been furthered by the inflow of very recent and lowly skilled executives they have hired. The dummy list is long, everyone AIG knows who they are, but what can one really do?

Agree completely, @OSY55kj-rwzj. Our leadership is completely incompetent, and people who are getting promoted to management positions are even more clueless. It's only a matter of time before the whole system caves in.

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| 1934 views | | 3 replies (last September 29, 2017) | Reply
Post ID: @OP+PkpyYDZ

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I would think "clueless" is giving them far more respect than they deserve. Recall the time around 2007 and AIG's part and the part played by many of its executives. Those days are almost back. One cannot but have a repeat of those days. They know exactly what they do, they just are too greedy and that will be the start of the fall. The stories are many and mostly that cannot be shared here.

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Post ID: @bxwp+PkpyYDZ

By hiring CEOs who had the inside track, and putting up appearances to investors that it is making changes. The new person is supposed to be a turnaround expert - turning out to be a turn-to-the-ground Expert. And he is hiring those incompetents who were fired before. The story goes on and on....till ......

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Post ID: @9hps+PkpyYDZ

Well put - sometimes I ask myself how does AIG stay afloat.

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Post ID: @7whr+PkpyYDZ

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