Carlin Putman of Houston, Texas worked at AIG for more than two decades. Earlier this year, she lost her job. She was devastated.
But the writing was on the wall for months as the company tried to cut costs.
But the writing was on the wall for months as the company tried to cut costs.
“No matter how much work we had, it was working off of bare bones,” Putman told Al Jazeera English.
Late last year, the insurance giant announced it would lay off hundreds of employees, including Putman.
“When you are reporting to the board, the less headcount you can show that looks better for them,” Putman said.
In 2022, AIG’s Peter Zaffino was the highest-paid CEO in the entire property and casualty insurance sector. He made more than $75m last year — most of which came from stock grants.
Article from www.aljazeera.com