Thread regarding AIG (American Intl Group Inc.) layoffs

AIG Outsourcing to India 🇮🇳

Some positions have already been moved to India from the Finance area. The Timeline probably is now and until one year from now. Hopefully they give people an early heads up when there position is migrating to India.

Best place to check is AIG career section and see what positions are being offered in India, then you know your position will be in India soon.

At the end of the day, AIG needs to bring down expenses to compete with Industry peers. The quickest way is to outsource positions overseas to low cost area.

As for IT area, which have taken major cost cutting hits will more likely have more cuts and any major projects will be done consultant companies. IT workers at AIG will be just lights on and lights off people.

by Anonymous
| 3621 views | | 8 replies (last September 3, 2020) | Reply
Post ID: @OP+ZwIx93j
Comment! It's anonymous!

8 replies (most recent on top)

They pay consultants 350 an hr and up to RIF people making $40 hr to outsource for $25 hr.....

by Anonymous
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Post ID: @7fbhy+ZwIx93j

It was mentioned that lights on support would stay. I question that as well. I can't imagine them eventually keeping anyone under Grade 24 regarding IT BAU support. Much of the work is already being performed by vendors and managed by AIG, especially on the application side. I won't comment on the level or quality of that support, only that this is the model in place. This is primed to be outsourced to the vendors and it's only a matter of time.

by Anonymous
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Post ID: @7diol+ZwIx93j

They are still doing it and during COVID

by Anonymous
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Post ID: @7clbc+ZwIx93j

and it pays far less than what it pays to americans

Indians being exploited

by Anonymous
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Post ID: @9xdd+ZwIx93j

All Indian Group

by Anonymous
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Post ID: @5gye+ZwIx93j

Outsourcing so we can call our company American Indian Group

by Anonymous
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Post ID: @5nnz+ZwIx93j

Yes, you are right. THey never talk about reducing Grade 25+ salaries, do they? And they have money for private jets so execs don't have to fly with the common folk.

I am sure moving everything to India will work fine. I can't understand most of them, and most don't have a clue of what they're doing. Swapping jobs 1-1 from US to India is laughable.

by Anonymous
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Post ID: @4tec+ZwIx93j

Quality will be remembered long.

by Anonymous
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Post ID: @1rdm+ZwIx93j

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