Thread regarding State Farm Insurance layoffs

LOC

The LOC are still awaiting their fate. New hires in Texas.

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| 2051 views | | 11 replies (last May 25, 2021) | Reply
Post ID: @OP+1b0gyjjv

11 replies (most recent on top)

@pmh. You obviously never handled California litigation claims....suits against the company, third party, etc. D-mb.

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Post ID: @1tpo+1b0gyjjv

All opportunity is in hubs. Keep the faith you will see!

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Post ID: @wpm+1b0gyjjv

Don’t get me wrong most of the LOC employees and management out west and down south needed to go anyways. State Farm failed those areas in training extremely badly. I get it I’m calling for peoples jobs here it sucks and I hate doing it but you people keep me here often times way past my shift so cya.

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Post ID: @pmh+1b0gyjjv

I agree with prior remarks. Stop thinking SF is only fish in the sea. The economy is about to rise in the next two quarters if not the next year or two. When economy is up, insurance is down. I still remember my finance professor saying insurance is an expense not an investment. As a retiree, SF would be the last choice for success unless you are in the good ol boy club, married into it, or predestined. They made their call. They no longer want quality.

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Post ID: @qcb+1b0gyjjv

Stop thinking about SF as a career. Its not! Employees/staffing is just a means to the end at this point. We are outsourcing everything we can because people are just temporary to keep the wheels on while they get Ai/Automation rolled out Lower's expenses-less severance, raises, relo, promotions etc...you get it! SF has eliminated almost 25k jobs in the last 10 years and still counting. Outsourcing- 1000s of ECR, CCC is outsourcing most jobs, Systems and Fire/Auto/Estimatics is outsourcing...and on and on! Go look at Allstate's board...they are moving claim stuff to India. If you have been to a hub and walked the floor and see the type of people they have hired..SF is finding the lowest cost disposable labor force they can. If SF could pay Chinese kids a bowl of rice, $2 a day, and have them sleep under their desk they would!!!!! Please read the writing on the wall so you don't get caught with your pants down or disappointed.

Shared with all employees if you didn't get to discuss!

https://www.mckinsey.com/industries/financial-services/our-insights/insurance-productivity-2030-reimagining-the-insurer-for-the-future

https://www.mckinsey.com/industries/financial-services/our-insights/insurance-2030-the-impact-of-ai-on-the-future-of-insurance#

"Claims processing in 2030 remains a primary function of carriers, but more than half of claims activities have been replaced by automation. Advanced algorithms handle initial claims routing, increasing efficiency and accuracy. Claims for personal lines and small-business insurance are largely automated, enabling carriers to achieve straight-through processing rates of more than 90 percent and dramatically reducing claims processing times from days to hours or minutes."

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Post ID: @cqv+1b0gyjjv

@hbk You must not have worked for SF very long or you would know not to put a lot of trust in what is communicated. For years now, the company will say one thing and do another.

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Post ID: @fhc+1b0gyjjv

I mean they just torched their three entry level CA departments letting attrition drain them for a year without any hiring. They are using attrition to shrink their workforce, its as obvious as a punch in the face, not to mention HUNDREDS, i bet over a thousand ECRs were hired to fill the gap. Yes they are using temp workers. Now they just started hiring the entry level after moving tons of people from other departments there.

So if you expect to get a nicely worded note in the mail that your WFH job is permanent if you are not located in driving distance of a hub...you are delusional at this point.

If you are WFH from a LOC that is shuttered, and you do not have a back up plan, be it a new job in the works or plans to move to an over priced bad part of PHX/ATL/Dallas then you are in a very bad spot.

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Post ID: @alu+1b0gyjjv

Ad services here. If you honestly think they are keeping all the employees from closed LOCs as teleworkers, you are delusional. They want people IN a building, and that’s exactly what we are setting up for.

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Post ID: @dnh+1b0gyjjv

Have family member that had the LOC closed down in Tennessee. She was told that her work from home was temporary and her subrogation job will be moved to Texas but the employees aren't being asked to move to Texas. HR is hiring her replacement in Texas. Her fate is unknown.

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Post ID: @oij+1b0gyjjv

A lot of really slow thinkers on this site-kinda explains their lot in life......

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Post ID: @toe+1b0gyjjv

Not sure what you mean. It was announced as part of “Ways of Working” if not in the hubs you’d be full time teleworkers and that there would be 21,000 full time teleworkers most of which are in the LOCs. This was literally broadcast multiple times on the intranet site including a video of tipsord going into detail about it. You’re fate is that you get to work from home and keep your job.

People on this site...head stuck in sand. How do you not pay attention??

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Post ID: @hbk+1b0gyjjv

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