Thread regarding State Farm Insurance layoffs

What is going on?

Anyone else heard the news for today? All offices are not returning and all leadership will be moving to a hub or Bloomington. This should take 3 years!!! Sounds like I need a new job.

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| 7462 views | | 26 replies (last November 16, 2020) | Reply
Post ID: @OP+17RSZxoz

26 replies (most recent on top)

Believe....something they always preached. Believe this.....it's not worth the damage they exert on your mental and physical health. No money nor job is worth damaging you. PERIOD!

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Post ID: @6fal+17RSZxoz

Anyone else heard? Really? The secret story.....that jumped out on the home page? Yeah, everybody heard.

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Post ID: @4etn+17RSZxoz

Watch what happens in 2021. They'll drop like flies and Dallas will be hiring like crazy.

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Post ID: @4mtw+17RSZxoz

The moral of the story: live within your means and prepare for the future. Those who spent lots of money going on elaborate vacations, divorces, posting on FB how wonderful their life is eating out and hiring all work to be done because they are lazy.....the chickens will come home to roost. The reality of life will soon kick in. They will be angry and hateful at all those who did live within their means. Good lesson to those who were vindictive.

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Post ID: @3kdh+17RSZxoz

This should tell you all you need to know about State Farm! It is officially the worst place in America to come to work! Over 3x the national average quit rate! People get hired and soon say f— this!

https://lethal-industry.com/business/how-mentorship-guides-victor-terrys-initiatives-as-state-farms-first-chief-diversity-officer/

In 2019, 9.4% of State Farm employees quit their jobs, compared to 3% of Americans who quit their jobs in August 2019, the highest quit rate recorded by the Bureau of Labor Statistics. State Farm workers with longer tenure are more likely to stay: The share of employees who quit with five to nine years with the company is 1.2%, while employees with 10 or more years is below 1%.

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Post ID: @3iaa+17RSZxoz

Well now the cat is out the bag with the OC announcements. Let’s see if the leadership in this company are brave enough to reduce/eliminate the layers of VP’s, s—ing the life out of the company with phoney titles and make believe importance/performance. Most of the daily tasks is collecting numbers and filling out useless monthly reports that never see the light of day. Really, have you ever seen such duplication and overlapping of jobs in a company tha t is so competitive as the auto insurance. Eliminating the old AFO structure should have taught leadership some lessons , but. I guess not ...good old boy syndrome was kept alive and well now here we are again. I’d be looking elsewhere. Count on it , it cannot continue to exist in this top heavy environment.

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Post ID: @2kms+17RSZxoz

Should we relocate half-way across the country to one of the Hubs or take the severance package and go work somewhere else? A toxic, soul-s—ing, unstable, high paying job in the sweatshop Hub or try finding a new job during a Pandemic? This is awful, just awful.

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Post ID: @1dwt+17RSZxoz

Hey guys good luck on your future lay off’s I saw this coming months ago and can’t find a career to save my life. I never had much faith in tippy and he really showed he’s useless at the beginning of covid. It’s a tough market right now best of luck everyone!

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Post ID: @1pds+17RSZxoz

So you have to look at State Farm's and MT pattern. Ahhh the ruling class.........

Quote- "You never want a serious crisis to go to waste. And what I mean by that is an opportunity to do things that you think you could not do before." - Rahm Emanuel

They made a big change to future benefits-no pension for new hires starting in 2021..then...yesterday announcements about office closing/WFH. With no real answers as usual.
That means a lot of new hires are coming, I agree it will probably take 1-2 years but if you don't move from a LOC then you won't have a job. Especially any leader/TM. Some exceptions for speciality CS roles. If you read between the lines SF/MT has already told us the days of long drawn out office closures are pretty much over. He stated on several exec briefings they had learned a good lesson. The last time they did this is with the SM and CM reorg when they gave them 90 days! Again why do you think you are getting all these surveys about benefits! Wake up!!!!

They always telegraph their passes: Examples...When future state migration started they had tons of MG3s take MG2 jobs with the promise of future promotions for being part of a new start-up. 6 months after migration etc...they changed the HR policy to say if you are an MG3 and took an MG2 job you were no longer eligible to receive a promotional increase amount if you got promoted back to MG3. Sneaky!

When they said the Dallas pay scale/cost of living was not different and moved it down to the lower geographical scale.... then 6 months later they announced all the office closures, knowing they didn't want to have to pay all the people more that moved and migrated to Dallas.

The Fire company transition-you have to live in the zip code they tell you. Also people with proximity jobs in Texas were offered jobs in Chicago and people in New York were offered jobs in Oklahoma. Husbands were offered a job in one state and spouse offered another job in another state. (you can't get any sh-ttier than that) You/we all had friends and people you know this happened to....

Business is business but I don't think you have seen anything yet....
I will say it again. They will buyout the pension for current employees in the next couple of years. Stop asking this question. They have telegraphed this pass already. Decreasing expense yes, but still an expense/current vs future...blah blah...on the technicals. They want a work force that stays pretty much 3-5 years and moves on. Keeps salaries at base levels and controls expenses. They do not value talent...their track record proves that! Numbers and process game! Again why do you think you are getting all these surveys about benefits! Wake up!!!!

Oh..usually don't go low..but for the id–t ILR/employees that make comments about growth. In the last 20 years State Farm has only grown a million auto policies twice! Geico and Progressive have only had a couple of years they did not grow at least million (or two) auto policies. I back my comments with facts..you don't!

16 17 18 19 2020-to date
SF 359,000 -890,000 -386,000 445,000 1,141,000. = Avg growth of 133,800 auto policies! Its
worse the further you go back!
P 1,326,000 2,173,000 2,717,000 2,496,000 2,393,000 = 2,221,000 avg growth! 16X....
G 1,723,000 2,186,000 1,154,000 1,925,000 2,210,000... you do the math!

2x22 and 3x24! Homeowners...ok...but as Auto goes... the company goes!
Agency contract and model changes are coming! Fireworks! Big policy losses!
Underwriting will be automated! It's coming! No claims jobs to take!
HR and L&D getting it again! Isn't this twice in the last 2 years! Ouch!!!
If you can't tell MT places no value on claims and are constantly trying to eliminate claims jobs.
Went to the PC crowd/route and waded into politics! You can't back out of that. id–ts!
WFH—they will try to end ASAP... they have $6.2 billion worth (shell reality co. owns) of hubs in 25 year

leases to try to find a tenant for. (possible) but MT will never admit to this F-ck up!

Go comb your beard, those skinny jeans invalidate the beard!
After you get the new tattoo and piercing finished...Go work on your ADA request, find another way to avoid taking a call, stay off the wrap report and finish working on your Master's Degree with Univ. of Phoenix so you can get that CS job!

Morale of this long story..SF has a plan and they will execute it come h-ll or high water! They do not know what they are doing (mo–ns) and history is against them! Grab the the prettiest girl/guy/(other/non-binary) and go to the bow of the ship with a bottle of wine and enjoy the ride down!

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Post ID: @1fzy+17RSZxoz

@1jbz....span of control

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Post ID: @1jut+17RSZxoz

When the dust settles, anyone who loses their job will be much happier.

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Post ID: @1xnu+17RSZxoz

Remember back in 2012ish when SF announced all employees would eventually be in the hubs and Bloomington.....this is just the easy out the company was presented by Covid to accelerate the closure of offices without the need for costly transition plans. SF is letting those in op centers work from home while taking advantage of attrition through retirement, terminations and voluntarily separation while retaining the intellectual capital that we always lose during transitions. This also allows those in the hubs to learn the business. This really is a win/win for op center employees. Op center employees were not going to move to a hub after all these years so they get to ride out the last few years of their careers working from home waiting for the announcement that their job is eliminated and moving to a hub. Maybe even with a buy out at the end to boot.

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Post ID: @1wfz+17RSZxoz

Good ol State Farm always making big announcements but can offer no answers to questions about what’s to come.

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Post ID: @1bjq+17RSZxoz

Why? It is much cheaper to keep us from home. No admin services, no landscaping. Heat electric, taxes, etc. Please elaborate.

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Post ID: @1jbz+17RSZxoz

LOC closing but WFH for now. Eventually WFH WILL be discontinued when they figure out their next bottom line - you'd have to be pretty naive to think otherwise.

Maybe they will have a place for some of us in the hubs if you are willing to pack up and move, otherwise, I would not be surprised if they outsourced their call centers overseas - much cheaper!!

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Post ID: @1nso+17RSZxoz

Offices with pre determined QTD dates are still slated for closure with no wfh option to extend. Others in the large LOC's to continue to work from home until further notice. So that remains open. No decisions have been firmly made. Not sure if this will impact severance should they wish the people are needed in the Hubs. They are talking about 10,000 employee"s so that is a large amount they cannot afford to cut.

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Post ID: @1zyt+17RSZxoz

@bet at least 3 years if not longer. Enjoy your cubicle and wearing your mask.

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Post ID: @1elu+17RSZxoz

@bet+1. NFL — NOT FOR LONG!

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Post ID: @1mvy+17RSZxoz

@plv enjoy your cubicle while I work from home.

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Post ID: @bet+17RSZxoz

Remember all those peeps picking on tenured workers. They are excess weight etc....they are all now going to learn a good lesson in life.

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Post ID: @pyf+17RSZxoz

There will be 4 locations-Bloomington, and 3 hubs. No Lincoln.

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Post ID: @bqz+17RSZxoz

What about lincoln? They are keeping it open

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Post ID: @mpa+17RSZxoz

Long long long overdue! Too many have milked it too long. What comes around goes around!

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Post ID: @plv+17RSZxoz

In the meeting, wasn’t told anything about management but all large op centers are closing except for Bloomington and hubs and those employees will be work from home until they evaluate your dept for the future work environment

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Post ID: @wmi+17RSZxoz

Anyone with half a mind could see this coming. If you think the buildings were the only topic that needed cut you are kidding yourself, better get ready for the big red neighbor to make a
Dump on some low impact high salary jobs.

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Post ID: @jwp+17RSZxoz

What makes you think you’re losing your job!’v

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Post ID: @epw+17RSZxoz

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