Topics regarding layoffs at AIG (American Intl Group Inc.)

Topics regarding layoffs at AIG (American Intl Group Inc.)

AIG's Glory Days Are Over

As a former employee of 10 years it is sad to say AIG has fallen from its prior glory days. Even as AIG focus was on cost containment and savings Was a priority, the human element was lost. I know first hand as I was able to save AIG over $ 1 million... — read more 

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| 1995 views | | 1 reply (April 6, 2017)
Post ID: @OP+MECiL4v

Thanks for info

Appreciate all who provide insight into the organization that otherwise wouldn't be known. Was wondering why it was lower than the 100 percent cited by Hancock in his final town hall

STI pool shorted

Short term incentive bonuses for 2016 not fully funded to cover 2017 budget shortfalls...

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| 1690 views | | 2 replies (last March 30, 2017)
Post ID: @OP+Msfauho

Split

The new CEO will be an advocate for splitting. Each new company will stand up their own shared services model and IT. Left out in the cold will be those not closely aligned to and directly supporting a business line.

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| 1980 views | | 6 replies (last April 21, 2017)
Post ID: @OP+Mk8iMJO

There is Hope

Now that a new CEO is forthcoming, there is a chance that further RIFS/layoffs will be put "on hold". There are analysts and investment firms that want to see AIG investing in TRUE insurance and underwriting talent again. Some believe it's the only... — read more 

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| 2040 views | | 3 replies (last March 30, 2017)
Post ID: @OP+MjLMZtk

Global CIO Figurehead finally gone

The resignation/ouster of the global CIO is no surprise. He arrived years ago but was never able to capture authority. Nearly all IT decisions were made in Wilton CT -- the only work left for the global CIO was his newly founded SF office for... — read more 

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| 2135 views | | no replies yet
Post ID: @OP+MfTMSh6

FTC Layoffs

FTC getting hit the last few days, FTE are supposedly coming the next couple of weeks.

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| 1830 views | | 3 replies (last March 10, 2017)
Post ID: @OP+Metuwgl

There is life after AIG!

Stay away from this company trust me. They are bad news. I worked there for five years and it was a revolving door. They just fired CEO Handcock today who was a bit of a clown. A lot of wasted time and I regret even accepting the job. Believe me... — read more 

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| 2260 views | | 2 replies (last March 19, 2017)
Post ID: @OP+MecXbV6

Bail on time

Get out while you can, start job searching so you won't be blindsided like many were. All the good people were let go already, Hancock is bad news, reversing many things Benmoshe did to save the company. No loyalty to long term and faithful... — read more 

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| 2142 views | | 1 reply (February 28, 2017)
Post ID: @OP+LXArxtd

This WEEK

Across the country very random large scale. Everyone take care

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| 1980 views | | 5 replies (last March 1, 2017)
Post ID: @OP+LRKO0Ve

No protection for lower level employees

Now that AIG is pretty much done with lay offs with management and has moved to lower level employees they are firing them instead of laying them off. Shows that AIG could care less for anyone but upper management. I was told to look out that... — read more 

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| 2900 views | | 7 replies (last March 9, 2017)
Post ID: @OP+LpS0rv5

Currently at AIG - see below

Shareholders should be informed about the quality of tiaa employees who have been hired as Management. That these new hires are past failures and may not drive profits or the stock price as is desired by stockholders. The center of the problem is IT... — read more 

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| 1903 views | | no replies yet
Post ID: @OP+LpJZ4En

Layoffs in Houston today

Many people were notified today that tomorrow is their last day of active employment with AIG. The company has changed.

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| 1920 views | | 1 reply (January 13, 2017)
Post ID: @OP+LjjD9JY

Moving to the south?

It looks like AIG will follow Facebook and Toyota cost saving plan by moving most of their technology services from the North East to Texas. Unsure how many people will be impacted.

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| 1347 views | | no replies yet
Post ID: @OP+LhyjTgM

Low Morale

I work at AIG and I can personally tell you that morale is very low. I used to feel a sense of pride working here, but it's now about try to keep the job as long as I can, get a pay check and wait for the next the opportunity to bust out of here. I... — read more 

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| 2170 views | | 3 replies (last January 15, 2017)
Post ID: @OP+KJzz9t1

AIG Layoffs 2017

Last year all was fairly good, now all of the sudden things move, people are complaining and there are rumors about layoffs NYC.

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| 7550 views | | 9 replies (last July 15, 2017)
Post ID: @OP+Kv6qeGV

Houston AIG Layoffs

AIG quietly laid off many workers from the Houston office at 2929 Allen Parkway. All levels and seniority it seems to meet some unknown number. My area already had attrition despite increase in work & volume.

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| 3150 views | | 3 replies (last January 13, 2017)
Post ID: @OP+KtYdncP

Continued!

Hired moron executives from TIAA CREF Forced contractors to move from NJ to Charlotte and then let them all go Have no idea what they are doing - good luck to all at AIG, layoffs will continue

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| 1350 views | | no replies yet
Post ID: @OP+Kbzj22f

AIG Executive Layoffs

The purge continues at AIG - not only grunts, they are targeting executives now...

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| 2323 views | | 3 replies (last November 29, 2016)
Post ID: @OP+JwaUX6o

AIG layoffs today

Why so silent here? Many companies have active boards, yet we have layoffs today but nobody is reporting anything

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| 1800 views | | 1 reply (August 31, 2016)
Post ID: @OP+J8cjTPD

Mass AIG Layoffs

This week a total of 1,200 employees will be axed from AIG. Layoffs occurred in New York, New Jersey ,Atlants and all over the USA this week. They will continue through this year and also 2017.

AIG Mortgage Insurance Unit layoffs 2016

You can expect massive cuts as soon as all is done with spin-off, the back office will be decimated and job cuts will continue into 2017

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| 1676 views | | no replies yet
Post ID: @OP+FML2aZd

Palm Beach Gardens Layoffs

The office was closed, in Palm Beach Gardens - AIGFN locations were hammered throughout the U.S.

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| 1230 views | | no replies yet
Post ID: @OP+FHyT7tt

VP

I am looking for two Licensed P&C "Sales Producer" to work in our Agency in Sugar Land Texas. I can be reach at 832-264 -2460.

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| 1327 views | | no replies yet
Post ID: @OP+FFJkIy2

Official AIGFN Layoff Note (2016)

On January 7, we restructured our AIG Financial Network (AIGFN) business by moving certain AIGFN financial professionals to AIG Partners Group, our distribution channel for independent agencies that work with a small number of carriers. Unfortunately... — read more 

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| 2440 views | | 3 replies (last January 13, 2016)
Post ID: @OP+FlOBl2c

AIG Layoffs 2016

What is the likelihood of AIG layoffs in New York in 2016? Please let me know if you have any information.

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| 5970 views | | 8 replies (last March 20, 2016)
Post ID: @OP+EjNo35b

AIG Insurance replaced 250 American workers with visa holders

On May 11, 1995 CBS 48 Hours report ''Slamming the Door, Denying the Dream'' described how AIG Insurance replaced 250 American workers with visa holders. Since May 11, 1995! The replacement of American workers has been going on for well over 8 years... — read more 

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| 1507 views | | no replies yet
Post ID: @OP+DVnolhZ

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