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

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

So Little Traffic

FWIW was in a mtg where HR said they'd addressed the poor reviews on Glassdoor, looks like AIG Legal has been here, too.

Manager told me my idea was not good

Then he turned around and used it as his own. I couldn't believe the gall of it. The worst part is, that there's absolutely nothing I can do about it. These are the kinds of people who are being promoted to managers. Those who only know how to climb... — read more 

Not 1 but 2 net new Executive Roles?!?

Seriously, no announcement on the loss of another PZ direct report but yes, let’s announce two newly created roles - executive ones at that. This company’s priorities are ‘interesting’

Next will be worse than 200

One would think BPs and LLs would be applied to Next since 200 was such a disaster, but this is AIG! Again over dependence on consultants that come with super steep bill rates and their own approach which is already showing what a disaster Next will... — read more 

When are these supposed layoffs going to happen?

So many posts from people confirming some sort of mass layoff is supposed to be happening post STI. Well, STI's have been paid so when can we expect these layoffs to occur? Anyone with any real info & not just rumors?

I regret taking a job at AIG!

AIG is the worst company I have ever worked for. $0 raises and not even full sti despite always meeting expectations on review. Their excuse is there was not enough money to pay full bonus. They are so cheap!

Layoff A reality finally

Straight talk layoff confirmed after STI. Employees to be chased like forest animals and laid off like buffalo herds. Management had planned this nicely keeping hands on old employees to through performance appraisals cutting the money through low... — read more 

BEST CEO

will be no surprise if PZ is given the noble prize for business. He has effectively shredded the employees. Have increased share holder value through collator with Accenture.

Best CEO

PZ is the best CEO given how he has effectively increased share holder value of the company. There will be no doubt he will be given the Nobel Prize for Business.

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| 780 views | | 3 replies (last February 25, 2024)
Post ID: @OP+1r1DrQ8F

Accenture's not meeting their SLA stats

https://www.thelayoff.com/post/@OP+1qBYxkXn Person who posted the attached is spot on. When Accenture's shared services does not meet their performance goals it means our performance scores often are blown before we've even been assigned claims! If... — read more 

Corebridge 10% Layoff coming to a theater near you

With Annual performance out managers are lining to talk to their employees. Underlings will be targeted first then followed by next and next. STI will be cut to a bad size. Managers have been asked by management to critique the employees badly and... — read more 

If the goal is to reduce expenses....

So it seems the big goal for 2024 is to reduce expenses. My suggestion would be to offer a volunteer layoff with a decent severance. Guaranteed you'll have people lining up & AIG can save face from having to do it themselves! Of course it will never... — read more 

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| 1670 views | | 3 replies (last February 2, 2024)
Post ID: @OP+1qKOleOF

Seriously WT…

Bonus pool is flat. Thanks for nothing!

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| 1400 views | | 3 replies (last March 20, 2024)
Post ID: @OP+1qKyGgAg

Accenture's success rate "helping" other Insurers?

Curious if anyone has contacts at other Insurers that Accenture has supposedly "helped" that can speak to the result? Oops! Nevermind. The result that only matters is the stock price, not the drop in quality and service to policyholders. Duh!

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| 1090 views | | 2 replies (last February 5, 2024)
Post ID: @OP+1qHl22tb

Hope CEO enjoys Davos

Hope PZ is given enough per diem to enjoy all that Davis has to offer! Now get back to work! PS , Layoffs are coming post STI. Hint, mainly in Operations.

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| 1910 views | | 9 replies (last February 14, 2024)
Post ID: @OP+1qEbX7Kt

Accenture nightmare

Accenture is helping ki-l AIG, one bad claim setup at a time... Incorrect claims, incorrect corrections and it can take weeks for corrections. But i guess that special business relationship is too important to care.....

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| 1271 views | | 3 replies (last January 25, 2024)
Post ID: @OP+1qBYxkXn

Head of claims removed

Any idea on why Vidovich was sacked? Also, claims went under operations... What does this mean??

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| 1990 views | | 6 replies (last January 24, 2024)
Post ID: @OP+1qAbBCuA

AIG Layoffs 2024

This thread is for info about potential AIG layoffs? Any chatter, news or rumors?

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| 3780 views | | 4 replies (last February 14, 2024)
Post ID: @OP+1qkI6tRd

Top Executive to be RIFfed

News to follow one of the top executive in corebridge financial to be Riffed by PZ. Check the name when the news comes out.

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| 3220 views | | 8 replies (last January 16, 2024)
Post ID: @OP+1qco0Kth

Today’s townhall

Any thoughts on today’s townhall. What does ‘AIG Next’ really mean and what happened to ‘AIG200’, are they the same but different names…also the townhall voice quality was terrible it kept breaking up…anyone else experienced that … — read more 

2023 STI/bonus?

Any word on this year’s STI date? Sometimes it’s Jan, Feb, or March. And any word on how full the amounts will be? Even setting aside upper management’s desire to fill their own pockets (expecting a lot of that comment lol), the stock has been... — read more 

Full Time Remote Workers?

Curious, I thought AIG was doing away with allowing individuals to work fully remote? We still have 2 in our unit that were fully remote before Covid & continue to be fully remote & state they will not work in the office. Maybe I misunderstood but I... — read more 

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| 2410 views | | 9 replies (last December 11, 2023)
Post ID: @OP+1pUduMbt

Corebridge Layoffs

Some recent layoffs at Corebridge. Rumor is they will re-evaluate Q1/Q2 of 2024. Need to meet the expense reduction goal to look better on paper.

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| 2040 views | | 5 replies (last January 14, 2024)
Post ID: @OP+1pSdKNzG

New PZ Direct

Surprised to see no comment on yesterdays announcement of JR retirement and new head of tech. Think any additional re-orgs due to this?

Work Outside of Work

What’s the deal with AIG not allowing their employees to work night shifts at other jobs/gigs/businesses outside of business hours especially when there is no conflict of interests? Can someone explain.

Validus sale to RenaissanceRe

I wonder what we lost on that sale. Maybe OK given we keep Talbot and Western World, but if it were sold at a profit one would think they would be trumpeting that accomplishment. Will dig in 10q to find out.

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| 990 views | | 2 replies (last November 18, 2023)
Post ID: @OP+1pzGQBjz

Risk Engineering

Any word on the reductions of the engineering side? Especially the commercial property risk engineering team.

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| 1440 views | | 3 replies (last November 12, 2023)
Post ID: @OP+1pruNLxC

PIP performance evaluation

So after almost 11 years at AIG, I am put on a PIP plan after "returning" to work however still working from home. I worked from Home for aprox 4 years, I am terrified due to my injury to my leg and still healing having to walk all over in the... — read more 

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