ACE-Chubb (Chubb Corp.) Layoffs

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Topics regarding layoffs at ACE-Chubb (Chubb Corp.)

Chubb Layoffs 2018

This is going to be a short note - I heard there will be layoffs in our corporate office in Warren.
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336 views | no replies

Chubb Salem Shutdown

Chubb Limited to close Salem, VA site as of 6/30. As of that date, most of remaining IT employees who had not received prior termination dates, will be laid off. Only approximately 9 IT employees remaining to work remotely or move to NJ. From... read more
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1334 views | 3 replies (last )

Chubb Layoffs 2017

You can never tell if layoffs are masterminded and completely planned, but if HR has too many meetings with closed doors you got to be freaked out. I am in Warren.
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2318 views | 7 replies (last )

Chubb cuts retirement health insurance

True to Greenberg's insatiable quest to put more money in his pocket, Chubb has announced it will phase out the Chubb retiree health plan by 2026, This was one of the benefits that Henry Harder made sure was available to dedicated Chubb long term... read more
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2295 views | 11 replies (last )

Greenberg and Chubb's board

Chubb was very loyal and decent to its employees. I know I worked there for over 30 years. That all ended when Dean O'Hare left. He was the last vestige of integrity the company had. When Finnigan took over the strategy was set with Chubb's board... read more
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2436 views | 4 replies (last )

No longer the place to be and not the place it once was

Job cuts have been ongoing since March and continue to happen throughout the summer and fall. Rumor has it that if you are let go in 2017 the package is 4 weeks pay regardless of years of service. So I guess these folks are lucky because now they get... read more
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2545 views | 6 replies (last )

In the dumper

Chubb was a great company to work for until the merger took place back in January. There are many departments that are now run by legacy ACE folks and have absolutely no work ... People just sitting around doing nothing. Another issue is that... read more
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2222 views | 6 replies (last )

Cost to match results by year end 2016

Reduction in cost to prove the takeover was justified will include a large head count reduction. ACE senior management thinks Chubb people have been coddled for too long and are overstaffed in many areas from a culture of we promote from within... read more
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2550 views | 14 replies (last )

Salem

Any word on the Salem office? Ace bought Firemans fund, but it feels like the other way around. Salem office works hard and cheap, but the writing seems to be on the wall. No more Sr. Leadership - positions aren't being filled at that office - rumors... read more
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1735 views | 4 replies (last )

Welcome to the world of ACE!

The company had perhaps the worst reputation among large carriers and culture towards its employees of any including AIG. For those at Chubb that still believe that they will be left alone to operate as a separate enclave within the ACE organization... read more
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2267 views | 2 replies (last )

Napoleon syndrome

This is corporate greed at its best. 1) little Evan has to prove to his father he's a BIG man 2) Finnegan never invest a dime in Chubb. They should never of kept the Chubb name. It's being misrepresented. Shame
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1405 views | 2 replies (last )

EPC layoff

I was one of the victims of the 2011 EPC layoff. Chubb was a good company to work for, and they really took care of their folks. Best of luck to all who may be involved in any type of separation from the company.
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961 views | no replies

I work in I.T

Now I'm going to be in the **I.T
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918 views | no replies

Be strong.

This is the company that I retired from last May. Man I am so glad I did. The comments you're reading and the lost your seeing are from people that I've worked with for 15 years. Be strong.
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1260 views | 2 replies (last )

Flexible with employees

They are really flexible with employees work schedule, which is a good thing. They are always trying to provide employees with an extraordinary work environment. But, on the other hand balance between life and work is good just for lower level... read more
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1525 views | no replies

Should I update my resume?

It seems like some folks are already updating their resume. Situations is not good at all. Who will be hit the most... We will end up outsourcing almost everything.
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1112 views | 2 replies (last )

Keep up the good work

This is a stable company and financially conservative company. It is a definitely a good place to be with the current economy. Lots of smart people, they valued characters. i would say it is a good job security in tough times.
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1058 views | 2 replies (last )

Not a great place to be

Just a couple of things to say about my office: Mgmt doesn't know how to communicate, supervisors are not knowledgeable and they barely know what is going on during the day. My advice to they would be to listen to their employees.
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797 views | no replies

Lack of knowledge

Some managers are not suited for their jobs - they have lack of knowledge, poor people skills - but still sticking to the position just because they have been with the company for a long time. The salaries are pretty low compared to other companies... read more
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1086 views | no replies

"Ace in Chubb clothing"

See the linked interview where Greenberg basically says that the new company will be Ace with the Chubb brand & book. If you thought the Chubb culture might survive, you were wrong. /
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1447 views | 2 replies (last )

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