Thread regarding AIG (American Intl Group Inc.) layoffs

There will be more RIFs

BD and Senior Management don't seem to care how hard employees work to make this company suceed. They have RIF'd a lot of good talent that worked towards that goal. It's my belief that there will be more RIF's because we are still not writing a lot of business. A lot of the business we write is being handled by TPA's. I think they are taking this company in a different direction. In addition, they aren't writing some lines of business in several states. Too much being out sourced and they continue to look to decrease head count and automate whatever they can.

Posted by @ZbCULgO-bpvt, he/she makes a good point.

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| 1636 views | | 3 replies (last June 6, 2019) | Reply
Post ID: @OP+Zn0rlUK

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A lot has been in the works. Some things have been put on hold. It's too bad that AIG wasn't more transparent. Employees and Customers, Brokers etc should really be given more truthful information. Very sad that everything is a secret

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Post ID: @3fkr+Zn0rlUK

They just hired a new Head of TPA’s? I thought that job was just posted last week. If someone has already been hired then it has been in toe works for awhile..

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Post ID: @oog+Zn0rlUK

Just hired a new head of TPAs and downsizing from 31 floors to about 5-6. I’d say change is on the horizon.

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Post ID: @nqs+Zn0rlUK

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