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The Midwest Operations Center at750 W. Virginia St. in Milwaukee'd Walker's Point neighborhood, which had a total of 312 will beshut down. AIG laid off 254 of thosse employees andretained 58, who will move to a marketing and operation center at 1200 N. Mayfair Road in Wauwatosq or possibly workfrom home. The company also eliminated 37 jobs at the Mayfair Road The Milwaukee employees who were laid off workef forthe health, contracts and licensing, underwriting, new business and operations development departments. Employees could be seen leavinf the Virginia Street office Tuesday afternoo with boxesof belongings.
A table had been set up in the lobbyh to assist employees with the The total reduction amounts to abouyt 17 percent of American General American General is a subsidiary of beleaguered insurancegiantg , or AIG, which has laid off hundredsz of employees worldwide this year. Milwaukes and Houston are the two cities most heavily impacted by the layoff s causedby “unprecedented” economic conditions, according to Shayna Schulz, Americab General vice president of corporatse communications. Schulz did not providre the total number of American General employeesin Houston.
Some othed AIG divisions with offices here have had layoffssince September, she All affected employees have been provided with outplacement servicesa and are eligible for open positionas elsewhere with AIG. “We are deeply grateful for the contributions of our colleague s who have been impacted by this decision and believe it will resul t in American General Life Companies becoming a more competitive organizatioj focusedon long-term profitable growth that will benefit all policyholders, as well as our employees,” the compant said in a statementt issued Tuesday.
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