I've heard and now read here that AIG has been having small-scale layoffs for months. I haven't seen anybody laid off outside of major rounds so I'm wondering if this is true? I know laying off two or three people here and there wouldn't be common knowledge, but I still believe that we'd have heard something about it if it's been going on for so long.
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Corebridge and AIG are separate in name only. Documents shows AIG.,Paycheck says AIG. Turtle pace change. Corebridge is a developing shell.
Same here. No real change yet. Paycheck is the same and still coming...that's all I care about. I guess the only change is more layoffs.
IDK, my paycheck came from AGL before the CRBG IPO and still says from AGL after the IPO. The only thing that has changed so far as I can see is that we now have purple colors and the intranet points to CRBG, but we still have access to the AIG intranet
Dear Stickit, I am a corebridge employee and I have a corebridge email address and my paychecks come from a corebridge company. Are you sure you work for corebridge? Have you misplaced your red stapler?
When I logon to the domain, I logon to AIG...not Corebridge....my pay still comes from AIG....so hogwash on being a separate company at this time. So, we shall opine on layoffs as much as we want related to Corebridge....and yes, they have occured over the last week. More coming? That is truly unknown.
People need to stop spreading unfounded rumors. Everyone knows someone who has heard of someone being laid off. Stop fear mongering . And stop posting corebridge activity as though it’s AIG. Last I heard, corebridge is a separate public company.
And the guy who has some sort of a report that tells him there are layoffs — if you get information in the course of your job and use it to spread rumors, then I hope they fire your a-s for breach of confidentiality.
In my Country (in Europe) there Aren't any layoffs now. Actually, they are hiring a lot of people to try and replace who leaves. I'm not particularly worried at the moment, but I have been in this layoff grinder since I started my career here 10 years ago. I don't know if they are going to fire people everywhere, but the staff here is already pretty small compared to other branches so I don't think that we are going to see massive layoffs soon. Also, my paycheck is high compared to other peers in the local market, so changing is not so easy... Nor I want to.
I have a WDS report that reflects this is happening and given budget issues there will be more.
Employees are fearing to come inside the company everyday due to the fear that they will get laid off. Randomly select people and lay off is the mantra.
I'm seeing the same....no doubt they are occuring.
Layoffs are happening. They are not saying it aloud. You realize it when one of your colleague doesn’t come for days to meetings. It is pathetic out here. Have heard plans are there to lay off as much as they can
AIG offers a severance package to avoid the need for WARN notices, as the penalty in most cases for failing to provide the WARN notice is to pay lost wages. The previous poster is correct that AIG is a master at laying off people die to numerous years of practice. A previous CEO was famous for stating that one would not likely retire with AIG due to layoffs.
Large scale that closes an entire location - in certain states.
Large scale spread out - doubtful.
Between severance and future layoff dates the required notice period is more than covered in most cases.
AIG has been laying people off much longer than the tik tok labor attorneys have been practicing.
There cannot be large US layoffs without WARN notices being filed.
I’m not doubting that there are layoffs or planned layoffs — but as the previous poster mentioned, all these big companies making layoffs usually makes big news.
I’m not seeing anything in the news about AIG/Corebridge layoffs. How would they be able to keep thousands of layoffs this secret?
Why the big secret? Really? McDonald’s told people not to come to the office today because of layoffs. Disney, layoffs. NPR, layoffs. Amazon, layoffs. Goldman, layoffs. Meta, layoffs. Spotify, layoffs. 3M, layoffs. All businesses across all industries laying off but we keeping a big secret. Death by a 1000 cuts.
Every month they have a target to hit of 1000 employees to be laid off. The 1200 was for last month. They have a new target for this month. This will go until July 1000 per month.
Why don’t corebridge people post under corebridge? It’s a separate publicly traded company, stop posting your doom and gloom as AIG problems.
Are the 1200 CRBG layoffs the ones announced last year as part of the transition to Accenture, or something else?
How's this for fear mongering....over 1200 Corebridge people were laid off this past Friday. I knew several of them.
A lot of what is on this board are unfounded rumors for the purpose of fear-mongering.