Roe dropped in the last 2 years and it's now at (minus) - 4.71%.... we are a long way to go Pete, maybe you could start selling your employees organs to make some money
2 replies (most recent on top)
RIFs are coming and targeted to those aren’t in the office. The company will be run by consultants and very few employees. No need for a lot of office space when it is mostly consultants!
LOL. Goldman cites a deceleration in growth/pricing/margins as we are likely in the latter stages of the commercial insurance cycle (hard to soft market). AIG was downgraded to Neutral from Buy, citing under appreciated pricing/growth pressures in property, financial lines, and large account business. A common playbook for softer growth is usually "efficiency" which can mean more RIFs, centralization of functions. offshoring (i.e do more with less).