Thread regarding AIG (American Intl Group Inc.) layoffs

AIG Earning report Feb 6th. Your thoughts - Will they make money

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Post ID: @OP+Xf0rzBS

12 replies (most recent on top)

No. CEO already mentioned that Q4 is impacted in a public statement.

On AIG website, Goldman Sachs U.S. Financial Services Conference : https://www.aig.com/investor-relations/webcasts-and-presentations

Or just read the transcript on

https://seekingalpha.com/article/4226477-american-international-group-inc-aig-ceo-brian-duperreault-presents-goldman-sachs-u-s

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Post ID: @akxe+Xf0rzBS

Earnings date changes due to Government shutdown.

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Post ID: @2jei+Xf0rzBS

I checked TD Waterhouse. There is a news report that the date has been changed to the 13th.

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Post ID: @2ztj+Xf0rzBS

This is fake news. The date is set for other than Feb 6. Don't rely on rumors.

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Post ID: @2hcj+Xf0rzBS

AIG to Report Fourth Quarter 2018 Results on February 13, 2019

4:16 pm ET January 22, 2019 (BusinessWire) Print

American International Group, Inc. (NYSE: AIG) will report financial results for the fourth quarter ended December 31, 2018 after the market closes on Wednesday, February 13, 2019. AIG's press release and financial supplement will be available in the Investor Relations section of AIG's website at https://www.aig.com.

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Post ID: @1zem+Xf0rzBS

we may make some money. but definitely we r not through with layoffs. Do not know about PGA membership and all, but we are hearing and for some of us the goals have already been ser to reduce expenses

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Post ID: @zbe+Xf0rzBS

We were told through town halls last year that layoffs would continue through the 1st qtr of 2019. Now with the fires in CA, I would suspect that layoffs will continue through 2nd qtr

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Post ID: @kkb+Xf0rzBS

Will like to see people if they agree or disagree with the comments that were made in the previous post.

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Post ID: @kxt+Xf0rzBS

Layoffs will continue throughout the year. Expenses will be strictly enforced. Yes, Bonus will be paid out. Mostly likely is in the 90 percent range.

By the end of June, they will have a new Chief Investment Officer and possibly move there headquarters out of NYC within 2 years.

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Post ID: @pxo+Xf0rzBS

You mean no one outside of AIG. Yes they will post an earning cause they will present it as such.

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Post ID: @ehv+Xf0rzBS

I agree, layoffs are over and we will get our full bonus.

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Post ID: @kgq+Xf0rzBS

I would think yes because no CEO would spend money on the PGA membership if they were not turning the corner. Correct?

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Post ID: @neu+Xf0rzBS

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