When the life/new business underwriting department had their RIF's in January and again in August, the majority of the individuals were aged 40+ (with a few younger aged individuals). Appears the plan is to exit experience staff and hire recent college graduates.
I remember Brian Dupperault stating in one of his town halls that AIG was to become a company where you "worked for 5 years with the company and then leave".... appears that's the direction the company is going towards. If you don't choose to leave, they'll show you the door.