Thread regarding State Farm Insurance layoffs

Nice gesture, but get real. John Doe “issues a challenge”. One that would require a vote of the board, maybe even the membership at an annual meeting. It would certainly never fly at a publicly traded company, and there’s honestly no reason it should fly here either. Sure, let the thumbs down commence.

mt growing that money on a tree? thank the market...not mt

@fwnm “trust me, back in my day I was smart. Now people think I’m crazy, but it’s just because they don’t understand oLD sCHOoL eConOmICS.” Rinse, repeat

9zzr has current college education. Obviously does not understand old school basic principals of economics. Report back? Must be leadership. Good at asking questions to make you run after them while they sit back in their high chairs and s— on the company nipple. Overpaid, underworked, very toxic, mentally ill, and narcissistic individuals who had mommy and daddy give them everything they have. Then they wonder why they have to work till 60 plus years old because of divorce, substance abuse and poor financial decisions. Go figure.

@4ffx I’d rather make $1.50 than make $1.25. Not sure what you’re getting at here.

Also, company net worth isn’t $156 billion, and the number is publicly available. Do a little research if you’re capable and report back.

I don't want State Farm's 14+ K worth of kiss-a– money. I'd much rather they kiss my actual a–.

4ffx-Well stated and sadly true

Opportunity Cost is a basic/fundamental economic theory. What are you willing to give up to have something else? I am sure our customers would rather have quality service with knowledgeable tenured people in operations being paid more than so much money in the background. Values create money. Money does not create value. Begs the question: Would you rather make $1.25 over ten years or $1.50 over two years? Unfortunately, accountants only look at numbers and don't factor in what created those numbers. SF must get out of the "all about me" "it's a business decision" and "take care of yourself" attitudes to genuinely appreciate what made them great. They forget that it is the person who makes the everyday contacts with internal and external customers that create its value. They have taken for granted those values like a spoiled child who expects everything to be handed to them at another's expense.

Tipsord is saving our company. Great job. 60 billion dollar increase under his leadership.

Hey, it’s not the companies money to give away dipsht, last I looked SF is still a mutual company, maybe we have the owners/policyholders vote on you taking the money reserved, set aside to pay their claims.

@bwl. Why don’t you just post your banking info on here? If you are on Direct Deposit, State Farm already has it.

$14,285 for every employee with 5+ years?? Ha! I'd settle for a decent cost of living increase. Or even something more than the few cents we get based on performance. More and more work, constant changes and increased job stress for pretty much the same wage as 3 years ago. Is it worth it our sanity??

Who do I give my banking info to so I can get this direct deposit?