Thread regarding AIG (American Intl Group Inc.) layoffs

Agree with @YqKjBg1 :When I see a stock analysis on this company, I realize how little people know from the outside. They don't understand the fear factor, lack of direction, overload of work, and executive cashout's that many people seem to see and experience. The need more to vote on BD and his outrageous salary. The highest paid CEO with the worst results to show for it. Sad because this is a major reason why our company is sinking. Over pay him and our source so he can cut pay in US and reap the benefits. Greed

Yes, it was from the outside, I believe the official title is Chief Actuary Officier.

didn't see the announcement Gathering it was very senior someone from outside who was it and what position was it for let me guess another friend of PZ

Another announcement about a new exec leader hired today. Meanwhile we don’t have enough staff to get the actual work done. When will this madness end?

Executives look out for Executives and the stock price that’s why they don’t really give a darn about the average worker slugging through the days paperwork. It’s nothing tanglable produced period. When BD came on board he said work wasn’t going to be done by Watson - a spin - ideally all financial institutions would get rid of people and crunch data with a machine so they can get big bonus and show profit- it’s going to be tough for AIG and interest rates remain low another factor that works against insurance companies. Good lunch it may not be Watson but it’ll be a robot at some point

To the Lehman Brothers post! LOL I'm literally rolling on the floor with laughter. Thanks. That puts it in perspective doesn't it.

go go go buy stock in Lehman Brothers

Correction, $44. Sorry The Stockholder. That means you hao work even harder. Go, Go, Go,

Yeah get to work sending out resumes

It hasn’t been in the sixties since Ichan sold out...huddle up - it’s at 44 and climbing get to work!

Hey “The Stockholder” just how does the working person who hasn’t had an increase in 8 years benefit from the stock reaching $65?

OK TEAM we are just over $64 dollars per share. We have a long way to get to $65 so lets focus on the job and not worry about money. Earning report on May 13th so I do not believe it is asking much to get to $65. The Stockholder

Several top performers have left since STI was paid. I expect we will see more. Since no new or replacement hires are allowed, we won't be getting nearly as much work done. But I am glad the exec's are hiring more if their own. Tale care of those who email and talk and don't do any real work.

Those that do the real work keep getting demoted and underpaid till the next wave of execs comes, enhance their careers then leave....

With new executives comes new buddies one level beneath and so on to the next level... and the musical chair games keeps on going....

Amen amen amen amen