Here’s something reasonable but also disconcerting.
According to a report from Bloomberg’s Sonali Basak, AIG CEO Peter Hancock told the company’s staff in a town hall meeting on Tuesday that they shouldn’t count on a lifetime of working for the company.
Citing people familiar with Hancock’s comments, Basak reported that this was “discouraging to a swath of workers.”
AIG has been in the news recently after activist investor Carl Icahn said the company needed to be broken up and was too big to succeed.
