This once outstanding company has fallen into the abyss of incompetence, thanks to blind managers devoid of even an ounce of experience. It's infuriating to witness the decline of an institution that was once a beacon of excellence. The current state is an utter disgrace!
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This is a copy and paste of a recent post Speaks Volumes & sounds much like my post today June 16th 2023 my post ‘From A Former AIG Employee’
Well the company basically went bankrupt in 2008 due to the managers incompetence and from there it was a collapse without ending... Before it was just so big that it managed to get profits anytime and anyway.
17d ago by Anonymous
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Post ID: @3mgv+1mOZKCRV
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I once worked for AIG back in 2008 was hired on FT this was just as AIG was being investigated for fraud what have you subprime mortgage meltdown well I worked there for a number of years and each subsequent year the talks of layoffs were increasing year after year and I saw many really good people either walk away or laid off my time and I was in GI WC came in June of 2019 the department I was working in and another department or 2 were called into a conference room with Cathy Morgan & Cathy Stark and given an extended layoff notification that is we were going to be there training our replacements in Manila Philippines until our last day of August 23rd 2019 so what about 2.5 months of training kids in Manila Philippines that’s right they were mostly kids you could see they were very young by there pictures in there emails … what a croc of Bull Sh-t Big Blue was sinking way back then now Accenture has control and who the he-l knows how bad it’s gotten I hear it from a friend still at the former CPC Claim's Processing Center they had closed the CPC in Alpharetta Georgia prior to all of this .. Bob Benmoche was running AIG he passed away from cancer in the around 2015 maybe and Peter Hancock took over they ousted him and PZaffino became the top dog or Brian Dupperault anyway the Zifgield Follies was in full swing at that time and Bud Dunn ran the Olathe Kansas Claims Processing Center for a time 2008 to maybe around 2013 or 2014 the Titanic had gaping holes in it way back in my days at AIG I’m saddened to see a once proud organization go so horribly wrong thanks for listening & get out of the cesspool you’re in
The Titanic is listing severely damaged and sinking even still unto this day yes very top heavy in management mid level management don’t have a clue how to manage anything and absolutely no interpersonal skills to develop and motivate people to bring out the best in them just a bunch of losers it’s was true back when I started & it appears nothing has changed I’m reading things that I was reading way back in the year 2008 through 2019 the year I was laid off I really thought I’d retire with AIG but fell short isn’t that the way it always happens certainly seems this way but give this post a read and realize it’s from nearly 10-15 years ago thanks but get out of this quagmire you’re sinking in quick sand … former Big Blue employee back when they called it the Claims Processing Center Olathe Kansas and I was always getting fantastic reviews top performer awards and still got a boot up my a-s so much for having loyalty and character it didn’t matter to anyone in AIG
No access to read :(
Ya, nice article, thanks for sharing..... sickening....but good read.
That article says it all.
Did everything but label him pirate.
Culture flows from the top. Our leaders don’t care about anything except hitting their bonus targets. They don’t work hard. They take limos to the office when they deem to show up. Outsourcing and apathy is now the culture.
https://www.ft.com/content/5fa8e866-9af3-40ce-8798-143f27123dca
AIG has been in a death spiral since Greenberg was pushed out.
AIG is never coming back. This quote applies “Get busy living or get busy dying” Pirate Pete and crew are coming for you.
Well the company basically went bankrupt in 2008 due to the managers incompetence and from there it was a collapse without ending... Before it was just so big that it managed to get profits anytime and anyway.
Think the purpose of the OP is working at aig was once more than a job.
It was a job plus was a place you enjoyed working. You could derive that intangible job satisfaction and pride for the work done.
You can approach the job as a job to protect yourself today.
But the current day lack of satisfaction and fulfillment from performing the work is a real loss for those who know how things once were.
It is just a job. Put in the bare minimum and do whatever else you need to in order to land the next job. Don’t stress “deadlines” here. I am sure the outsourced IT doesn’t care.
Taking care of yourself is more important than working hard for no additional money.
You know it is bad when top talent is leaving AIG to go to CNA, which would have been unheard of in the good years. What is left at AIG? Bottom of the barrel. AIG is an absolute joke in the industry. We are all watching ZNA take full advantage and I wish them well as they continue to win over AIG accounts and employees. ZNA used to be the joke and now they are laughing!
I get it. I had good times in the early years. Now, everything is a mess. I rarely enjoy myself at work. I remember I would look forward to going to work. Not anymore. I know there is no going back....so...enjoy the memories and move forward.
It’s just a job. If you are mourning for a multi billion dollar conglomerate, I’d suggest you reassess your life’s priorities.