Been hearing something about tomorrow, but I'm hoping nothing comes of it. Any news on it here?
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There are also rumors that stevens point will be hit hard and work will be transferred to olathe shared services
GI encompasses a lot so I'm wondering what part of GI will be hit.
there are still some senior level people who have nothing to do that still have jobs. Why do they not look at those positions? How about all of the people that spend their time marketing and not bringing in any new business? I can create a list of 20 people who should be let go and none would feel the impact of their departure.
Many folks targeted this week in GI.
Rumors of rifs in Stevens point office, shared services tomorrow. It isnt my area but info flies in the office.
Big wings are coming into town, only means one thing here.
There are lots of layoffs today and I'm hearing it is middle management people L5, L6, L7, L8
This is a good week to fire people - earnings release and meetings with analysts are done. It is right before the thanksgiving week plus it is a paycheck week. Perfect.
Layoffs are hitting Fort Worth today. Not sure of the number but it's happening.
There is an L3&L4 announced leaving today in GI. It will trickle down their reporting tree soon.
Why is there no accountability for all this? Do the board members not care?
AIG is going down.... not fast like the Titanic....but slowly. They hired a bunch of senior level underwriters who have no experience with diverse risk. AIG will become another mediocre company like Chubb. AIG will become another middle market, low risk, insurance company. How the mighty have fallen.
Indeed. Lots of talks.
There will be RIF's next week. They will continue throughout the company and through 2019, not just first qtr of 2019
There are also rumors that more employees will be RIF'd in Philippines until January 2019.