Topics regarding layoffs at Nationwide (Insurance and Financial Services)

Topics regarding layoffs at Nationwide (Insurance and Financial Services)

I'm confused

Does Nationwide often hire people for one thing and then put them in a completely different role within days? This just happened to me and I don't know what to think. This is not what I interviewed for and this is definitely not the job I accepted... — read more 

Layoffs

There are Layoffs happening in the legal department, wonder which department is next.

Best Decision

I walked away(more like sprinted) in 2021 and there was no looking back. The environment completely changed slowly but surely during my time with Nationwide and it became very toxic. No one.....and I mean no one was TRULY happy on my team and that... — read more 

Any News About Raises?

Bonuses were big this year (for NW). Does anybody hear any rumors about the raises coming up? A hint was dropped in a meeting that pay adjustments may be coming, but I never know whether to trust that. If anyone has a little foreknowledge, please... — read more 

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| 2520 views | | 5 replies (last February 24, 2022)
Post ID: @OP+1f5MLs4Z

This is not new behavior

I used to work for Nationwide for 12 years. Left the company due to the fact they always said they want to prop more from within but they turned around and went outside the company. They became a very toxic company back in 2012 and it became very... — read more 

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| 2650 views | | 3 replies (last February 1, 2022)
Post ID: @OP+1eXy9u7q

Layoffs

There has been no talk of layoffs in the last two months. Does that mean we're safe?

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| 1930 views | | 1 reply (January 19, 2022)
Post ID: @OP+1eSmFcFV

Pay Increases?

Heard that HR is looking to do pay increases to keep competitive with other companies since there seems to be a mass exodus to other carriers. Has anyone else heard anything?

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| 2660 views | | 8 replies (last December 17, 2021)
Post ID: @OP+1e7YtxdE

Yes-man culture

I've noticed lately that excelling at your job is no longer a guarantee you'll advance your career here. Knowing to nod your head whenever anybody from the management says something is the required quality these days. Pity, since I used to enjoy... — read more 

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| 2300 views | | 2 replies (last January 21, 2022)
Post ID: @OP+1e5MrI3o

Severance

Have there been any changes made to the severance package lately (as in the last 12 months)? I'm considering leaving but with the talk of impending layoffs, I might decide to stay a bit longer for a chance at severance - provided it hasn't been cut... — read more 

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| 2410 views | | 1 reply (November 28, 2021)
Post ID: @OP+1e07B4xU

The quality of new hires is getting worse and worse

I understand that it's a hot job market out there and that employees can pick and choose where to work, but that doesn't mean that we should be lowering our standards as much as it's been happening. Yes, I'm swamped with work. Yes, I desperately need... — read more 

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| 2510 views | | 2 replies (last March 17, 2022)
Post ID: @OP+1dZ3rG3T

Layoffs at Nationwide

I think we're due for more layoffs sometime soon. I'm worried it could happen before the end of the year. Let me make it clear that I haven't heard anything concrete. This is just a feeling based on my nearly 12 years of working here. There is always... — read more 

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| 2720 views | | 6 replies (last November 24, 2021)
Post ID: @OP+1dIxknT3

The Madness Is The Method?

Curious if anyone has ever seen a company deliberately sabotage a working business model as a way of purging customers and/or employees. Maybe we need to have a discussion of the fact that there are many ways to get rid of employees and layoffs are... — read more 

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| 2430 views | | no replies yet
Post ID: @OP+1c5Sf9fA

Nobody is safe

I keep trying to explain to some of my coworkers that nobody is safe here and their years with the company are not the advantage they think they are, but there's no reasoning with some people. Some of our oldest and most experienced employees were... — read more 

Union?

Are there union rumors true? I hope so, something has to be done to allow down management's abuse.

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| 1800 views | | no replies yet
Post ID: @OP+1a5SP9uU

Notice of 2 weeks or 60 days after resignation?

How much minimum notice period we should give to NW after resignation..2 weeks or 60 days? What are the formalities I need to do to resign? Just inform my manager by mail or there any system where I need to submit resignation?

Do you think that it will not happen to you?

We have seen layoffs in departments closely touching ours so why would we be immune? So easy to say “no layoffs here” now and then backpedal it later. It’s just the sort of thing I would expect to hear to keep people in their seats until they are... — read more 

Automation

People are afraid of automation because it takes their jobs. I wonder how many jobs will be affected by automation at Nationwide in the near future?

Put your health first

I will say that by not taking and by not making the time to cope and deal with anxiety or other issues it snow-balled for me. I am now medicated because of it. I am taking it one day at a time. I thought that I was fine but I knew different. I will... — read more 

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| 2350 views | | 1 reply (March 3, 2021)
Post ID: @OP+19DqrX1G

Next round?

We know there'll be more cuts in the first half of the year, has there been any news on when it's going to happen?

Struggling to cope

I got laid off recently after 7+ years with NW and I am struggling mentally/emotionally. I can’t understand what went wrong. I’ve worked hard and was always being told the right things. I’m not afraid of finding another job. I saw the writing on the... — read more 

Dear Nationwide CEO CFO and OAR

Two Things Hope your greed buries each one of you Fck each single one of you b–tards. Mic 🎤 MF drop... ✌️

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| 2870 views | | 1 reply (February 27, 2021)
Post ID: @OP+19tAKBK9

How are you coping with anxiety?

Despite the difficult situation on the market and the fact that I can’t find another job, I try not to burden myself with layoffs anymore. It’s hard because of existential issues, but this company is sinking deeper and deeper and even if I don’t get... — read more 

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| 2620 views | | 5 replies (last March 10, 2021)
Post ID: @OP+19nNBPnA

Layoffs In The First and Second Half Of 2021

Anyone hear the Beth Rizcko talk today where she responded to a question by admitting that, yes, there will be staff reductions in personal lines in 2021? Anyone have any idea what departments and offices will be affected?

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| 5830 views | | 8 replies (last August 25, 2021)
Post ID: @OP+198zK9t2

Two months later

I was impacted in the last round of layoffs and was wondering if anyone who is in my age bracket (45+) has had any luck finding employment within the industry? So far, I have had no luck. I have even expanded my search area but it’s slim pickings. It... — read more 

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| 4440 views | | 8 replies (last December 10, 2020)
Post ID: @OP+181BWQQx

Are layoffs happening?

What's going on? Have there been any layoffs so far this week or are they about to start today? Does anybody know more on what we can expect?

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| 3340 views | | 8 replies (last September 18, 2020)
Post ID: @OP+16Zi4c2C

Next week will be tough...

Nationwide is expecting another sweeping round of lay-offs the week of September 14th. Due to pressures to cut costs and provide members with lower cost products. Though unfortunate, it’s said that those receiving notices will benefit from a... — read more 

How many days of notice period after resignation?

I started looking for jobs outside and will be resigning soon. How many days of notice period I should give to Nationwide? I work as Specialist in IT. Would 2 weeks of notice be enough? Thanks

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| 3240 views | | 3 replies (last February 8, 2021)
Post ID: @OP+16RNecaU

The layoff expert - Mr. CTO

In GE, was appointed CIO in 2015 and left in ‘18 as the company is in the midst of a significant restructuring, been head of overall IT at the company, he oversaw a project to remove employees at about 600 locations from the corporate network and... — read more 

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| 2620 views | | 1 reply (August 17, 2020)
Post ID: @OP+16dX57UB

Article on SF

https://insurancenewsnet.com/oarticle/state-farms-record-breaking-growth-linked-to-racketeering-enterprises Multiple issues and risk database amd manipulation it seems. Media quiet bout this and data breaches. Hard to understand. Money talks. — read more 

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| 1730 views | | no replies yet
Post ID: @OP+168Kfaig

20-30% Layoffs Across the Board

The title says it all. Nationwide is in a tailspin. Better get your suits to the dry cleaners and update your resumes.

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