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Started By
Message
AIG Financial Network just laid off their entire sales force...
Posted on 1/7/16 at 1:04 pm
Posted on 1/7/16 at 1:04 pm
...via conference call. Escorted everyone out of offices nationwide with private security company. At least they paid us a severance, lol. 
ETA: they axed the managers and support staff too.
ETA: they axed the managers and support staff too.
This post was edited on 1/7/16 at 1:09 pm
12
Posted on 1/7/16 at 1:07 pm to jeepfreak
So I guess they are shutting down?
Posted on 1/7/16 at 1:08 pm to jeepfreak
Can't find anything online about this. Link yet?
Posted on 1/7/16 at 1:10 pm to LSUfan20005
No link, I was the senior FA for Louisiana. It was a national con-call and the security people walked in right before the announcement.
Posted on 1/7/16 at 1:14 pm to jeepfreak
Nevermind.
This post was edited on 1/7/16 at 1:15 pm
Posted on 1/7/16 at 1:15 pm to jeepfreak
Was this a complete surprise or had there been warning signs it might be coming?
Posted on 1/7/16 at 1:15 pm to Shepherd88
Cutting cost is one reason.
Posted on 1/7/16 at 1:16 pm to LSURussian
It was for sale at least a month ago.
Posted on 1/7/16 at 1:16 pm to LSURussian
Complete surprise to us rank and file folks
Posted on 1/7/16 at 1:17 pm to jeepfreak
Sorry to hear that. Go independent.
Posted on 1/7/16 at 1:20 pm to jeepfreak
That's tough to deal with. Best of luck to you. Was the severance package decent?
Posted on 1/7/16 at 1:21 pm to jeepfreak
quote:
. Escorted everyone out of offices nationwide with private security company.
Wow...that's pretty crappy.
quote:
At least they paid us a severance
That makes it a little better.
Posted on 1/7/16 at 1:31 pm to jeepfreak
Holy shite......that sounds pretty surreal. fricking horrendous.
Posted on 1/7/16 at 1:32 pm to Janky
quote:Ironically, I'm still active on the B/D platform. They support a large Indy network so that may be an option.
Go independent
Posted on 1/7/16 at 1:32 pm to jeepfreak
Damn son
Best of luck with what's next
Best of luck with what's next
Posted on 1/7/16 at 1:32 pm to jeepfreak
Sorry to hear, good luck!
Posted on 1/7/16 at 1:47 pm to jeepfreak
What happens to your clients and the products?
Posted on 1/7/16 at 1:58 pm to LSUFanHouston
quote:
What happens to your clients and the products
I am still registered with the B/D and have access to the trading platform, so I can still trade if necessary.
Posted on 1/7/16 at 2:00 pm to jeepfreak
Times are tough
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