Sadly that is the situation for some time now. AIG does not value its employees, we all know that very well and that has become a part of the company culture.
What I don’t get in this whole situation is how do they not realize that people will leave in droves and how do they expect that this company can survive with such poor treatment of the employees, the very people that put meat on the table?
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Yes workload has increased, but management is mostly hired from outside so they don’t know what work entails for the most part. I just say OK, sure, and resume my job search and continue my cloud certification work. Even senior leaders in IT don’t care, they spend their time jockeying for position in the left over AIG. I see and hear very little strategic thinking and planning. Accenture continues to think they run the place, even though one of their major allies has left. Perhaps they do. AIG 200 is a failure, few cost savings from FTEs because Accenture consultants aren’t cheap. Reorganization to reflect new world has been pending for a long time.
If you stay hopefully the severance is worth the stress, because it’s bad and going to just get worse.
For giggles consider this.
$6,500,000,000 / 50,000 employees = $130,000 per employee
You most likely got 2% or less. Greedy basta*ds.
There is one undeniable truth that no one can dispute. After management spins the storyline about how much they care and what a great success AIG has become, when the smoke clears, always remember this.
AIG proudly proclaimed in the most recent earnings release that the board committed to buy back $6.5 billion dollars of company stock in 2022 to "protect stakeholders". Stakeholders = executive management and the board mostly. At the same time most of you received 2% or less in raises when the CPI is at least 8% for the country. Your workload also probably increased because your coworker left and was not replaced.
AIG sees anyone not in executive management as an expense, nothing more. Your job is to decide, "How can I use AIG to get where I want to go before they cut my expense"? When you look at AIG as a short term vessel for your career it puts things into perspective. This is how executive management views everything. How can I use AIG to get rich quickly and move on in a few years. You should absolutely do the same. There is no long term future here so stop trying to convince yourself that one day AIG will see the light and take care of you. They won't. You are an expense that needs to be outsourced. Period.