The title of this post says it all
GI is sinking ship. Esp IT projects
No one knows the scope of work or value of work that IT is going to do (No vision on work)
This was a pay week for US. Where there Any RIF's.
This was a pay week. Just wondering if there were any RIF's that happened this week or is it going to happen the next pay period?
Actuarial
Managers don’t communicate, jump to conclusions and react badly when you point out that they might be wrong. They tolerate bad behavior. and ... they don’t communicate. They act cliquish.
??? Deleted posts??
My post was deleted. There was no cursing and I spoke objectively about the issues the employees are facing from incompetent management. What's the issue here? Lol
Let's try to consolidate Coronavirus discussions in this thread: COVID19/ AIG
Discuss if you have something to add or ask a question.
Remote Work?
So despite being told otherwise in the interview process..I never got to work remote. Not that what I'm about to say matters to me, because I'm obviously not intellectually capable enough to have a remote day like most of the other employees in my... — read more
The market is up 600+, AIG down again
Hold on people, we have to cut more costs, here come the sti rif's!
Why?
Peace y’all....I’m out!!! James Cameron should make a movie about this sinking ship called AIG
PCG IT
What's next for PCG IT? ACC is taking over the IT ?
AIG STOCK IS 42.16, POST TAKEN DOWN TWICE--What's to hide????
Why does the post about AIG's terrible stock price keep getting taken down?
RIFS PLANNED FOR NEXT WEEK AND WILL CONTINUE
I just heard from a reliable source that there will be RIF's next week and there are more schedule ones right after STI.
Is Blackboard just a Blackhole?
Probably wastes $100M per year.....
AIG starts $500M accelerated share repurchase
Dear Employees, You should be extremely proud of what your executives have accomplished over the last three years. We have led this company to very mediocre results despite Draconian style cuts across the company. Unfortunately, the analysts see... — read more
ANY WORD ON FIRST ON END OF 1ST QUARTER RIFS?
Usually the month of STI bonuses is also prime time for layoffs
Warning for MMS
Layoffs coming for MMS. There is push to fire as many as possible to save money and people are being set up to be performanced out. Be warned and watch out
I wish they let us know who's getting let go with more notice
I know it's not good for morale to have someone around who knows they're getting let go but it'll help the person's career a lot so they can job search while still employed. I have a current offer on the table from big 4 accounting firm... I doubt... — read more
Next Round of RIF's
I hear there are more RIF's on the horizon. That's all my source would tell me. Has anyone else heard this? I am wondering if it will be this quarter. I did hear that the will continue throughout the year.
Why 11% drop after "Great" results?
Any thoughts?
FInancial Times Today-Stock Down by 3.6% after AIG Announces 4th Quarter Results
Investors were unimpressed with AIG’s outlook for 2020 and a new savings target for its cost-savings program (which is likely more rifs) sending shares down by 3.6% to 50.93.
Can’t wait for the earnings report tomorrow to see how BD and PZ spin this one!
How does a company that only excels only at rifs continues to operate.
Yahoo Finance on PZ (via Reuters)
https://finance.yahoo.com/news/numbers-guy-insurance-dna-finally-151822855.html In the couple of Town Halls I attended - before my RIF-ing in 2019 - PZ instilled zero confidence with me.
AIG Earning report tomorrow:
Dow is up 230 points today and AIG is down 6 cent. What a sad statement for upper management and the managers that run the regional office. What a sad company. Not was in was.
Global Travel Standard
this is how stupid this company has become: keep saying we want to be the global insurance leader and grow the business. then take away company cars so we can't market our products effectively, then implement a new GTS which will essentially shut... — read more
AIG 200 is a joke - the analysts should read read boards like this
It is a scam for the senior executives to steal from the company for 3 years or so and add no value.
Layoffs later this week?
Is it true?
New week, due a new executive announcement
PZ probably announce someone to execute his vision for AIG 200
How do you think AIG is handling nCOV (aka wuhan virus, novel coronovirus)
The place i am, which is in ASIA.. mediocre at best. There's no proper dismantling of information on what you expect staff to do in case of symptomatic suspect found in the premises. To me, the best is to work from home, but there's no support... — read more
AIG Earning report on Feb 13th. What is the number
How bad do you think it will beeeeeeeee
Outsourcing
They are looking to outsource everything. They do not want to pay for talent and experience. They have lost so much experience it will be hard or almost impossible for them to recover. How is the company suppose to grow when they are not... — read more
Waiting for RIF
HEY ALL Is it true majority of the employees here are waiting to be RIF to get the severance package? Especially those who have worked there more than 10 years?
Employee Survey?
What ever happened to the results of the employee survey last year?? My guess is it said poor leadership, so they threw it out
If the board was smart
Break it up into 2 companies. One with General Insurance and Blackboard let PZ lead. The other with Investments and L & Rand let KH lead. You can have 2 boards....then see what happens.
ALD (accelerated leadership development) program
Only this company would spend time and $$$ to put someone in a so called leadership development program and then Rif them, while in the midst of the program or shortly after. And you wonder why expenses are always high lol
AIG Stock is Predicted to be in the 40s the Week of Feb 3rd
Why does AIG Stock Continue to Tank Leading up to the Announcement of 4th Quarter Earnings on February 11?
Any update on RIF's for Week of Feb. 3rd?
Next week is a pay week and I heard some employees saying in the Service Center that there are rumor of RIF's next week? Just wondering if anyone else is hearing this.
Any updates on the move to Midtown?
Will there still be people based downtown??