Although the stock is down nearly 7% today, I think the purchase of Towers Watson might be good in the long run. Thank goodness I don't have to worry about the resulting layoffs anymore.
A
The fake news on buying Willis Towers Watson made someone a huge amount of money. All large trades should be thoroughly investigated for a connection to this fraud.
P
Do not forget that each and every Holiday season, there are 176 open spots at the tables of those families whose loved ones never came home on "that day" some 16 years ago.
P
Written more than a few years ago --- and still true.
HOW THE CASE STOLE CHRISTMAS
Every colleague at Aon liked Christmas alot. But the Case, who lived just north in Chicago, did not. The Case hated Christmas, the whole expense driven season. Oh Please don't ask why, I don't quite know the reason. It may be because his belt was too tight. It may be because his head was McKinsied all right. But I think that the most likely reason of all Was that that it meant Holiday Bonuses, not small.
But whatever the reason, his belt or McKinsey The Case stood there Christmas eve hating the whimsy. For tomorrow he knew they were all expecting to see Quite rather large paychecks expressly from ME. Of writing those checks he could not allow. Of that he was certain, the problem was HOW.
Then a thought came along, an evil idea. Another restructuring program just like last year. The numbers were good, the stock price was up But those nasty expenses still had to be cut.
So he called in dear Christa, a woman of fact to find out new ways to trim down the fat.
"The Payroll is down through workforce reductions, eliminating many redundant job functions. We've cut here and there, and cut through the night, wiped out whole departments, yet nothing is right. Thousands are still on the books, don't you see. We've got to get it down to a count of just three."
So the very next day at the quarterly call, the Case made an announcement ending it all.
"The jobs here are gone, we'll offshore the lot, to India and China and maybe Bangkok. Of here there is nothing, and once overseas, it's cheaper and faster and better, you'll see."
And with safe harbor statements legally binding, the Case closed the call while others were finding That if Christmas carried slightly less cheer ... they could afford to be patient, there was always next year.
This is the second WARN impacting the Charlotte area so far in 2018.
This is the second WARN impacting the Charlotte area so far in 2018.
www.bizjournals.com
M
Black Thursday Anniversary
Today marks the 10th anniversary of Black Thursday, otherwise known as Joe's Big Lie. Ten years ago today, Joe Propati walked into the Houston office and announced Aon was closing the Houston ACS - after promising twelve employees from LA, and twelve from NY who relocated there to keep their jobs with Aon that "Aon has no intentions of closing the Houston ACS".
And...Joe and Aon made no effort to make sure these twenty-four employees were given jobs elsewhere in the Houston office.
That's how good Aon treats their employees.
P
176 if anyone cares to remember anymore
P
Another Holiday classic to share with my Aon friends ....
The 12 Days of Aon Christmas
On the first day of Christmas The Chairman gave to me A slightly used Lenovo PC
On the second day of Christmas The Chairman gave to me Two new plastic carry cases And a slightly used Lenovo PC
On the third day of Christmas the Chairman gave to me Three network cables, Two carry cases And another used Lenovo PC
On the fourth day of Christmas the Chairman gave to me Four expired emails, three network cables, two carry cases And another used Lenovo PC
On the fifth day of Christmas the chairman gave to me Five plastic rings (gold is expensive) Four expired emails, three network cables, two carry cases And took back my new Lenovo PC
On the sixth day of Christmas the chairman gave to me Six Aon pen sets, five plastic rings, four expired emails, three network cables, Two carry cases And a very used Dell Latitude CS
On the seventh day of Christmas the chairman gave to me Seven pads of paper, six Aon Pen sets, five plastic rings, four more dead emails, three network cables, two carry cases And revoked my networking login id
On the eighth day of Christmas the chairman gave to me Nothing – he was outta town, seven pads of paper, six Aon pen sets, five plastic rings, four cancelled emails, three network cables, two paper bags And revoked my office entrance id
On the ninth day of Christmas the chairman gave to me Nine office posters, nothing on the eighth, seven tiny post pads, six pen & pencil sets, five plastic rings, four more dead emails, three network cables, two carry cases And another damn Lenovo PC
On the tenth day of Christmas the Chairman gave to me Ten more freaking posters, nine taken home, nothing on the eighth, seven tiny post-its, six sets of crayons, five plastic rings, four cancelled emails, three network cables, two carry cases And I lost the damn Lenovo PC
On the eleventh day of Christmas the Chairman gave to me Eleven sets of posters, ten more than I needed, nine already trashed, eight – nothing, seven tiny post-its (blue), six sets of chalk, five plastic rings, four deleted emails, three phone cables, two carry cases And replaced my lost Lenovo PC
On the twelth day of Christmas the chairman gave to me My walking papers So I burned my many posters, and the lousy post-its, threw away the chalk, hawked the plastic rings, deleted every email, hid the network cables and took the carry cases home, and Ebayed my five Lenovo PCs.
w
This company is a hot mess. Been trying to get thru to customer support and the number does not work. WHAT A WRECK OF A COMPANY! BEEN DISCONNECTED THREE TIMES BY THEIR CUSTOMER SUPPORT! I WOULDN'T TAKE THE STOCK IF IT WAS OFFERED FOR FREE!
Y
AON reached a new All Time High at $161.39
Y
AON reached a new All Time High at 154.57
Y
AON reached a new All Time High at 154.70
A
Cut salary = Ask employee to donate money to buy Willis. Fair? Stupid decision. Fired CEO.
P
Nobody comments here, guess Greggie has all Aon staff too scared to post.
l
Feeling good about AON. I think it’s going to rally to 230 over next month
All large trades should be thoroughly investigated for a connection to this fraud.
HOW THE CASE STOLE CHRISTMAS
Every colleague at Aon liked Christmas alot.
But the Case, who lived just north in Chicago, did not.
The Case hated Christmas, the whole expense driven season.
Oh Please don't ask why, I don't quite know the reason.
It may be because his belt was too tight.
It may be because his head was McKinsied all right.
But I think that the most likely reason of all
Was that that it meant Holiday Bonuses, not small.
But whatever the reason, his belt or McKinsey
The Case stood there Christmas eve hating the whimsy.
For tomorrow he knew they were all expecting to see
Quite rather large paychecks expressly from ME.
Of writing those checks he could not allow.
Of that he was certain, the problem was HOW.
Then a thought came along, an evil idea.
Another restructuring program just like last year.
The numbers were good, the stock price was up
But those nasty expenses still had to be cut.
So he called in dear Christa,
a woman of fact to find out new ways
to trim down the fat.
"The Payroll is down through workforce reductions,
eliminating many redundant job functions.
We've cut here and there, and cut through the night,
wiped out whole departments, yet nothing is right.
Thousands are still on the books, don't you see.
We've got to get it down to a count of just three."
So the very next day at the quarterly call,
the Case made an announcement ending it all.
"The jobs here are gone, we'll offshore the lot,
to India and China and maybe Bangkok.
Of here there is nothing, and once overseas,
it's cheaper and faster and better, you'll see."
And with safe harbor statements legally binding,
the Case closed the call while others were finding
That if Christmas carried slightly less cheer ...
they could afford to be patient, there was always next year.
"Added: Aon PLC (AON)
DAVENPORT & Co LLC added to a holding in Aon PLC by 16647.15%. The purchase prices were between $153.68 and $200.2, with an estimated average price of $186.19. The stock is now traded at around $205.74. The impact to a portfolio due to this purchase was 0.6%. The holding were 255,729 shares as of ."
Increased their position by 16647.15% before Q2 earnings!
https://www.bizjournals.com/charlotte/news/2018/01/17/aon-hewitt-to-lay-off-76-workers-in-university.html?yptr=yahoo&ref=yfp
Today marks the 10th anniversary of Black Thursday, otherwise known as Joe's Big Lie. Ten years ago today, Joe Propati walked into the Houston office and announced Aon was closing the Houston ACS - after promising twelve employees from LA, and twelve from NY who relocated there to keep their jobs with Aon that "Aon has no intentions of closing the Houston ACS".
And...Joe and Aon made no effort to make sure these twenty-four employees were given jobs elsewhere in the Houston office.
That's how good Aon treats their employees.
The 12 Days of Aon Christmas
On the first day of Christmas The Chairman gave to me
A slightly used Lenovo PC
On the second day of Christmas The Chairman gave to me
Two new plastic carry cases
And a slightly used Lenovo PC
On the third day of Christmas the Chairman gave to me
Three network cables, Two carry cases
And another used Lenovo PC
On the fourth day of Christmas the Chairman gave to me
Four expired emails, three network cables, two carry cases
And another used Lenovo PC
On the fifth day of Christmas the chairman gave to me
Five plastic rings (gold is expensive)
Four expired emails, three network cables, two carry cases
And took back my new Lenovo PC
On the sixth day of Christmas the chairman gave to me
Six Aon pen sets, five plastic rings, four expired emails, three network cables,
Two carry cases
And a very used Dell Latitude CS
On the seventh day of Christmas the chairman gave to me
Seven pads of paper, six Aon Pen sets, five plastic rings, four more dead emails, three network cables, two carry cases
And revoked my networking login id
On the eighth day of Christmas the chairman gave to me
Nothing – he was outta town, seven pads of paper, six Aon pen sets, five plastic rings, four cancelled emails, three network cables, two paper bags
And revoked my office entrance id
On the ninth day of Christmas the chairman gave to me
Nine office posters, nothing on the eighth, seven tiny post pads, six pen & pencil sets, five plastic rings, four more dead emails, three network cables, two carry cases
And another damn Lenovo PC
On the tenth day of Christmas the Chairman gave to me
Ten more freaking posters, nine taken home, nothing on the eighth, seven tiny post-its, six sets of crayons, five plastic rings, four cancelled emails, three network cables, two carry cases
And I lost the damn Lenovo PC
On the eleventh day of Christmas the Chairman gave to me
Eleven sets of posters, ten more than I needed, nine already trashed, eight – nothing, seven tiny post-its (blue), six sets of chalk, five plastic rings, four deleted emails, three phone cables, two carry cases
And replaced my lost Lenovo PC
On the twelth day of Christmas the chairman gave to me
My walking papers
So I burned my many posters, and the lousy post-its, threw away the chalk, hawked the plastic rings, deleted every email, hid the network cables and took the carry cases home, and Ebayed my five Lenovo PCs.