Multiple teams and locations impacted today. More than 200 names from my understanding.
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So true @XUhL2Ew-3mpt.
Nepotism and poor management is a huge issue why AIG is never going to turn around. Any company that has to regularly lay off staff every March and reorg every other year has serious issues. Inevitably, poor managers end up doing random layoffs and force out real talent while preserving inept pet employees.
AIG talent is lacking. Useless managers hiring useless people. IT is just as bad as it was 3 years ago. Wyse s---s, even basic MS office hangs every so often. No money so ended up hire B talents and let them go and then hire C talents.
Travel guard IT in Steven's point, WI was hit. I heard 11 let go.
More and more good people were called for 1 on 1 interview. Its painful to see them go. Ongoing in all 3 sites here in the PHilippines.
I've heard Houston IT got hit yesterday and today, all good people too.
I've heard Houston IT got hit yesterday and today, all good people too.
They pay part of current year STI in Q2-4
What IT depts in ny were hit today please?
600+ WW
Sure could’ve saved a bunch of jobs with less spending on the 100th Birthday advertisements... Disgusting seeing all these adds while heads keep on rolling... Happy Deathday!!
Interesting. Prior RIF's I've seen may have been later in the year.
Unless the policy changed. Is there is some point where they pay part of current year STI?
LTI is for upper management and I would advise you to go ask them.
Company policy has been to give full 2018 STI but not partial 2019 for March RIF, and they have followed this. Anyone know what the LTI policy is for the 2019 grant if laid off in March?
Many rif’d in Fort Worth location and New Jersey. Some actions may have occurred last week quietly.
Laid off today in NY-NJ. Did not get STI for Q1 2019
What location(s) have been hit so far thanks waiting watching for cuts in KC
You typically receive partial year STI for the quarter in which you retire or are RIFF'ed.
I'm sure they want to avoid paying 2 quarters vs. 1.
More to come for rest of the week/March... they want to get rid of ppl and not pay 2019 partial sti... after March they need to pay... skim on the worker bees to pay the musical chair playing executives... good luck all!!!
Holy smokes this is just the opening salvo of many many more lay-offs to come it’s bound to affect every aspect of the GI Business as a whole and then some I wish only the best for all of us affected by these massive RIF’s sell off the damned thing you are sinking fast All Is Greed
What locations?
Watching good people that I've known for 5 years + be let go is one of the hardest things I've had to face at work .