AIG will be broken up this year. Past layoffs were about efficiency. This round is about positioning (for sales). Note that McKinsey’s huge engagement has been quietly shuddered. No more $100m transformation. Now it’s time to put GI on the block in pieces.
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Who would buy a money bleeding business?
A lot of services ( tax, IT) are simply outsourced. Even though it’s not necessarily saving money. Maybe that’s sign of breaking up?