Things they are hiding. Recently marketing cut several employees. I know this isn’t a surprise to anyone reading this, but now marketing is posting to replace these folks. Even before they have an end date. If you’re a pensioned employee you are being hunted.
There is no more ethics here. After 100 years. I wish everyone luck. Don’t believe what you’re being told. Prepare yourself this is not Ed’s StateFarm.
I dont get the constant shock over marketing taking cuts here, and then acting like marketing is a core function of the company.
Let be real here, marketings big brain idea was to reskin Jake from the 90s. That's it. Laterally could not think of anything creative or interesting, just Jake again, only far less relatable and more "hes a celebrity see" approach. 100% out of touch with todays customers, and devoid of any creativity.
So when I see cuts in marketing, I just pray the wasted money over there gets fed back into front line workers who deal with core business functions, which it likely wont.
Marketing management has proven their incompetence on this one. It has become a complete $h1t show now. I feel for the staff that’s left.
And they want us to believe they are a top 50 place to work and grow. LMAO! Keep up the propaganda State Farm.
This Fortune 50 company would be better off if they would just follow their own policies.
SF has lost its core values.
Can someone tell me how cuts can be made without HR involvement? Something here does not pass the smell test. I always heard it was HR who handled things when employees are affected by a separation.
Traffic must be down on this page and it must be time for the quarterly pension/layoff post to get the hits up. Then Mr. Education lecture man calls it intelligent observations. Ok DeVry graduate. LOL!!!
AANNNNND this makes absolutely no sense:
"Cinnamon, Kia, Camry, Lexus, Asia, Diamond, Mercedes..... That business model has not changed regardless of the propaganda"
My guess is the guy who regurgitates Fox News talking points must of lost his normalcy for the 15 minutes it took him to make up this post then his tin hat fell off. I really feel sorry for some of you. Mostly for those that come here for some sort of insight because this is the Bumbling Bee of SF. good lawd. Get out of the house and get some vitamin D. Ya'll are deficient in more ways than one.
Record sales for several years now. But you clowns think marketing, advertising and sales (agency) all suck.
I guess all those new customers heard rave reviews about the routine transactions that take 6 weeks to be mishandled. Or maybe they were drawn to the 90 minute hold time on the phone, or the claims department that never returns a call.
Look in the mirror to find the problems.
Our marketing sucks though. You guys couldnt even be creative, just Jake again only hip cool and modern! Look at all the celebrities! Wow a stadium has a brand name on it, ill go buy said product now yay!
Really, lets look at the big picture here.
NOTICE - the beatings will continue until moral improves.
LOL. Last comment must be from one of the know nothing minions. A 100 years of dominance , industry leader, a company that even Warren Buffet admits he admires and the minion describes it as a complete failure. Hopefully a layoff sooner than later.
Poorly run company. A complete failure under any measuremeny. New leadership is needed now before there is nothing left.
I am one of many of those people who were impacted by this. HR doesn't have a clue about the restructure. Leadership has not delivered anything. We were called 3 weeks ago on a Friday to discuss with our upline manager. They had the read the HR letter exactly but there were no questions to be asked. It was stated that "You know longer have the skillset that is wanted for the "Future State". Right now we have been giving the date of 4/14 as the last day in Marketing with 0 direction. HR has no idea about severances because no paperwork has been filed about any of us. On top of that, most of us have been with the company for 5,10, 15+ years.
WOW! That sends a bad message to current employees and future employees. This feels like a train wreck.
@4gfl, is full of more sh!t than a port-a potty.. His comment about bonds is both wrong and hilarious. Tipsord may be asked by the board to stay on-their prerogative. Fantasy talk by poser.
@4gfl. In the X Ring. Excellent shot with perfect trajectory compensation. All those 20 year CPCU remote workers read abd reread his/her post. Spot on. Education that makes sense. A rarity nowadays.
From 2016 to 2021 State Farm went down from 71,000 employees to 54,300. As of 2023 it has around 61,400 employees. As you can see SF has hired over 16,000+ new employees but we still aren't even close to 2016 staffing levels and have added over 6 million new policies. If you were here in 2016 we were not staffed correctly then, much less now! They can't keep up with the retirements and high 1st year turnover. The 1st year turnover is not as high as they thought it would be but by any standard it is still over 30%!!!! Growth is still very strong and that should make everyone pause and worry!!!! Tipsy turns 64 in June so this is his last year. Gonna leave with a bang which includes layoffs and a pension freeze/buyout. He got another 22 million dollar bonus and led the company to the worst loss in it's history and on of the worse losses any insurance company has had in three decades! If you didn't notice they made some more tweaks/stipulations to the pension last week, slowly but surely they are finding ways to unload the pension benefits. I know a little something you don't, SF, like most insurance companies, are sitting on bonds that are really not worth anything. I won't bore you with a bond lesson but finance 101... when interest rates go up but bond prices go down....the value of your current bonds are worth less. You have to sell them at a loss because new bonds have higher yields! Layoffs are coming.....if you have more that 20+ years with SF, no matter what level you are, you are going to be the target! Remember they want the mindless, skill less workforce, they can pay nothing and will leave after a year or two. Cinnamon, Kia, Camry, Lexus, Asia, Diamond, Mercedes..... That business model has not changed regardless of the propaganda Tipsy or Exec feeds you.
Marketing leadership has been amd is deceitful and lazy and shady. No conspiracy
Did we ever find out how heavy the cuts were? I did see there's a bunch of marketing jobs posted on SF.com so tracks with OPs comment
Yep - OP's right. They're going to fire every pensioned employee and then hire the bottom of the barrel. STFU OP. You stoopid.
pretty sure the last 5 posts and the OP are the same person.
@drf-truth!
Getting rid of useless employees who sit at home playing on their phone all day and bragging about it. Pull key logs on every employee who is working from home and see what they are doing. Time to start firing
Grandpa Simpleton providing his uneducated nonsense as usual. Nothing is coming around old man. That is a mantra of losers like you.
@aut What comes around goes around. Wait till it hits the fan. We will find out who the "real" snowflakes are.
It is not ethics snowflake. Welcome to the real world. Hopefully you are next.