Layoffs for next 3 years...23% of mgmt being let go - Financial Analyst AIG Employee Review

1.0
Nov 4, 2015
Recommend
CEO approval
Business Outlook

Pros

Lots of office space due to less people

Cons

There were people being let go each week. Many hard working. Then they announced 23% of people are being let go. They said there's a list, but they won't say who. So people are phreaked out, on eggshells. There have been 3 meetings this week, all talking about layoffs. Not a great place to work. Worst this is only the first year of layoffs. Two more years to go!

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5.0
Feb 20, 2026
Recommend
CEO approval
Business Outlook

Pros

Good benefits, good people in New York

Cons

Management out of touch with reality

5.0
Jun 11, 2026
Recommend
CEO approval
Business Outlook

Pros

The 401(k) matching contribution is excellent.

Cons

Commuting to New York City four days per week. The schedule does not allow for remote work.

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