L&R was the rainmaker

L&R was the money maker.. GI is the loser. i know where this is going. AIG is becoming a pure P&C company that has terrible combined ratios = not profitable. I personally think AIG is going to get bought out but another P&C company real soon and L&R knowing how profitable they are can succeed on their own.. hence they are a new standalone company.

2 years ago we had 50k employee.. now 36k.. once L&R goes.. probably another 10k gone who knows. If nobody sees the trend.. this company is about to go Goodbye and they’re just riding the slow wave. People are jumping ship.. leadership is slowly leaving / jumping ship / retiring. I mean come on.. it’s the start of an end of AIG. And no this is not a fear tactic. It’s logically the truth

Things are about to get real ugly soon.. and a big surprise is coming.

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Tech is on verge of collapse. 80% non FTEs, bunch of Accenture clones running around doing nothing of consequence, AIG 200 a dumpster fire, cloud leaders jumping ship. More cuts coming, and the real AIG apocalypse will hit when there’s no one left who knows the systems well.
Sounds fun.

I can confirm from HR and a few upper management people.. don’t be fooled by the quarterly statements and the press. AIG is about to entire some dark days and you better have your resume ready to go. They’re just going to funnel a ton of money from the stock buy back, prop the numbers up and then sell.

And oh yeah jobs? UW’s you’re about to experience death row. All that hard work just for you to get booted.

agree. i have heard from many sources from hr to upper management. if you think it is bad now, just wait, you aint seen nothing yet.

Thread regarding AIG (American Intl Group Inc.) layoffs

L&R was the rainmaker

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