Thread regarding AIG (American Intl Group Inc.) layoffs

AIG is a sinking ship

AI is fools gold, accenture workers are just poorly trained, cheap workers from third/second world countries . In any way accenture infrastructure has made work more easy for us, it's the contrary. Everything needs to be processed 2 times to correct their errors.
I see other insurance companies prospering while hiring smart people that know how to do the job and pay them what they deserve. AIG stocks are pumped by continuos sell of assets but go down the moment they stop. At some point there will be nothing left to sell to make quick cash and appease investors.
It's a sinking ship

All of the above. Pulling it up for visibility, from @1lyz+1v378K6q.

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| 2741 views | | 5 replies (last October 28, 2024) | Reply
Post ID: @OP+1v4hxETy

5 replies (most recent on top)

Sinking ship for sure. Poor leadership. Executives are detached from the people that actually do the work.

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Post ID: @9vpe+1v4hxETy

at LEAST 2 times

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Post ID: @3ban+1v4hxETy

Definitely agree about the stocks rising it’s mostly due to the sell off of our assets. Every damn month we are selling a business unit, restructuring or new leadership it’s a mess but remember those managers don’t get blamed we do.

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Post ID: @1xwv+1v4hxETy

Do you even know what a second world country is? Sheesh!

But yeah, I can agree with you about jobs going overseas, it's not hurting only AIG but the bigger economy for sure, it's cheap labor with poor quality.

On the other hand, AI has most definitely its applications, although it's been overhyped and heavily overused. It's a bubble and it will pop, but it does have its merit.

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Post ID: @1kif+1v4hxETy

Totally agree. The work from overseas is terrible and there are not many left stateside to check the work. The brokers are becoming vocal about the quality and timeliness.

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Post ID: @1fjj+1v4hxETy

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