Now that L&R is separating, I hear that P&C UW’s are finally getting exposed. They are pretty much not profitable without L&R keeping them afloat and because of this, there are now going to be layoffs in both departments. Anyone hear any news?? Looks like UW’s are no longer the untouchables and will now face layoffs like the rest of AIG employees
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Yes, my understanding from an excellent source is “catch up” is the suggested meeting planner code wording for the RIF meeting w/ HR.
A catch up call is a call to let you know you are being let go.
I’m in the P&C division and I got a random “catch up call” along with a third random AIG employee which now I’m guessing is HR.. well this now makes sense. This company really does not care about anyone