Former MetLife management now leading corebridge might have as an excuse tariffs to blame on the layoffs. Accenture will be charging additional dollars for each resource due to tariff. To support that the management will need to let go FTE’s who have been long time loyal to the company. This will support extra dollars to Accenture and bring in laid off MetLife employees who haven’t found a job yet.
5 replies (most recent on top)
Corebridge su-ks. Somehow it is actually worse than aig
Tarrifs don’t apply to labor. Only applies to products. As of April 2025, the United States has implemented a series of tariffs affecting numerous countries, including India. On April 3, 2025, the U.S. imposed a 26% tariff on Indian imports, key Indian exports such as electronics and gems and jewelry, totaling over $23 billion, are impacted by the tariffs. In response, Indian Prime Minister Narendra Modi is under pressure to negotiate favorable terms, potentially by reducing tariffs on U.S. imports.
It’s probably still cheaper to pay the tariff than hire an American worker
At least the met life and Accenture people don't post on the AIG forum.
Maybe the only layoff excuse they need is can't figure out how to search for the corebridge forum.
Not a high bar.
How much is Accenture planning to increase per member for their services due to tariff?