Is it better to wait and be riff’d, or leave AIG on your own terms next year?
Corebridge Stock Price
I recently saw Corebridge stock and it’s not looking good at all. Looks to be below IPO price. Do we expect further layoffs, besides the ones that are going to happen on March 31st? I survived that layoff, but I am concerned that they will cut... — read more
The New Future of AIG: Retained, Rebadged, or Laid Off
What is happening in your area? PZ was recently given a 5 year contract by AIG. Is the plan to buy back as much stock to gift the stockholders with as much money as possible, and to shut down AIG within 5 years?
Fake Woke Company
This is by far the worst company I have ever worked for. They could care less about employees, distribution partners, and of course policy owners. They have striped assets out of the life companies to mother AIG to pay for the bloated leadership... — read more
Outsourcing to a third party
It's a high time for me to leave this place. The leadership's moves are very disappointing. Are they even aware of the cons of third-party service outsourcing?
AIG laying off 461 workers in Amarillo due to outsourcing
Story is all over the place. https://www.msn.com/en-us/money/companies/aig-laying-off-461-workers-in-amarillo-due-to-outsourcing/ar-AA14WtDC
If the leadership does not care about the future of this company...
why should we? Why are some still stressing about it? It is very obvious that it is best to move on to a new company because this place has no future and therefore I think there is no need to be frustrated by their bad decisions. It is wiser to... — read more
2023 is going to be a bumpy year
I think the next year could be even harder for us than this year, because for them we are just numbers, expenses. I doubt it, but maybe someone is more optimistic that this will be a better workplace in 2023?
Consider this
Not defending PZ in any way, but ask yourself what you would do. Greed is a powerful human emotion. This is all public information. PZ owns roughly 186,000 shares of AIG stock. In December 2019 the stock was trading around $50 a share. After... — read more
Pay equity at AIG
Heard class action pay discrimination lawsuit against AIG imminent. There’s a reason why pay is such a taboo topic at AIG. Based on real data, massive pay disparities throughout company. And, the longer your tenure, the wider the chasm probably is... — read more
AIG Layoffs 2023
This is a master thread about AIG layoffs? Any chatter, news or rumors?
Play the game
Here's the thing, been here a long time. Never seen it this bad at the field level. The greed at the top that resulted in previous layoffs and outsourcing has created a talent vacuum at many levels, primarily filed staff and low level managers. So... — read more
Cashing their bonuses is the main priority
If you have been here for at least 10 years you have seen the same processes start over and over at least 3 times. At a certain point, you don't protest anymore, you are perfectly aware that 95% of the new great plans and ideas from upper management... — read more
Force curve for this year’s performance reviews
So who is excited about calibration sessions to force reviews into a curve? It’s the round tables all over again. Another way for AIG to say everyone is just average so no raises.
I'm tired of correcting other people's mistakes
My job has long been reduced to spending most of my time correcting other people's mistakes. I guess I'm not the only one? It often takes more time and drains me more than my actual work that has to be done. All this would not happen if the... — read more
To those still there, only one way to enact change
Leave! That’s the key here. Just get up and leave. They aren’t backfilling jobs and if enough people do leave everything will (finally) break down once and for all. At this point let it all fall down and see if Accenture can fully run the company -... — read more
New CIO
Does he even show up to work? Ever speak to his soon to be laid off employees? Or just another DEI hire?
Wage ranges
So, I saw someone asking about bonuses… but how many people would be interested in the salary/bonus ranges by pay grade? I have some slightly out of date info I could share there. They adjusted the pay scales up a tiny bit a little bit ago, but this... — read more
Board just gave PZ $50M
But no bonus for you!
PZ Just Signed a New 5 Year Contract with AIG.
What does that mean for the future of AIG?
PZ won best CEO award!
No comment, just rolling on the floor laughing.
What’s everyone’s bonus?
I want to see what everyone’s bonus is like. Am I getting gipped? I’m an UW and my bonus is 10% of my salary. I hear some people are getting 30% and even more. If you make a $100k, you’re getting 30k in pre-tax bonus? Without revealing who you are... — read more
WFH - Corebridge
Does Corebridge have a different WFH policy than AIG Corp. it’s seems most AIG employees are working 3 to 4 days in the office and Corebridge is 5 days from home. Is there a reason for that?
Don’t worry about layoffs
I wouldn’t worry too much about layoffs anymore.. for the middle and young generation. People are jumping ship and positions are not being backfilled. You are actually very valuable at this very moment and even if you do the bare minimum, you won’t... — read more
Reflection of the atmosphere in the company
Colleagues keep leaving, even those who were relatively comfortable here. If I were the leader, I would be very worried about this because so many good people leaving is the best reflection of the state of affairs in this company. How could they... — read more
Yesterday's layoffs
Is it true there were layoffs yesterday?
This Quarter’s Results
Can one of those in the know and with market acumen explain today’s numbers, like I’m a 5 year old? Much appreciated.
To Those Still At AIG / Stock Analysts
Just remember this is who you are working for: https://fortune.com/2022/07/21/aig-imploded-2008-recession-financial-crisis-turnaround-plan-6000-employees-accenture/amp/... — read more
Performance means very little
I think performance means very little for the reason that I am more valued here now that I put in half as much effort as before when I gave 120% of myself. Why some are still giving it their best and worrying about performance is beyond my... — read more
The Performance Review Scam is about to begin!
Everyone got the HR email. A couple of takeaways to consider....... The reviews process is starting in November this year? That's early, very early. So it will take AIG 3 months to figure out if you deserve an sti and how much you should get? This... — read more
From now on, I work for my pay and that's it
I got into an argument with my manager because I decided I was done doing all the extra stuff he was assigning me that I couldn't finish in my regular hours. He pulled out both the "family" and "loyalty" cards. Well, I have a family and it's... — read more
More layoffs this week
Can the rumors be trusted? Will there be more layoffs this week?
One of the biggest demoralizing factors
If I had to choose from the many things that are very demoralizing here, what bothers me the most is that no matter how much effort and added value I contribute, I am not adequately paid. So I decided to leave, because an employee obviously... — read more
Corebridge update
AIG sold 80 million shares at $21 per share. It is now selling below $20 per share and dropping rapidly. What is the end game?
Any Info Regarding 4th Quarter Layoffs?
The end of the year layoffs are generally huge at AIG, since AIG is looking for good end of the year figures. It has been quiet so far this quarter, but obviously something is in the works. Does anyone have info about layoffs in the next 3 months?
Raises
Has anyone received a raise after mid-year or end of year reviews? Or does AIG only offer raises / promotions during review time. It’s BS to think that people have to wait a year to find out they may or may not get any additional raises or promotions... — read more
Pay raise
A guy I know is claiming he hasn't had a raise in nearly five years. I call bullsh-t. I know things are bad and most of us don't like the company or our jobs, but there are enough genuine grievances without having to invent new and false ones. Please... — read more
Unanswered question town hall
“When should we plan on rebadging to Accenture?”
Severance paychecks
Recently laid off in WC claims , has anyone been able to view their paystubs so I can keep track of my severance biweekly payments ? Thank you
Jumping Ship
After Life and Retirement split up with AIG as Corebridge financial and became public, recent promotions were announced as well and its quite obvious how many redundant positions and roles are there on the top most of the organization, multiple... — read more