This is a rumor I heard in the office, not online (oh, all that water-cooler gossip). Is Tipsord really out? I guess we'll have to wait until the board meeting is done.
Board Meeting
Can anyone confirm or squash rumors that abound regarding the board meeting? From everything I understand, it became quite heated. I understand the nature and veracity of rumors, however, in my years of experience, there is always some hint of truth.
80% Layoff
Someone mentioned 80% in this message @SbjoiY3-zkv - do you know what's this 80% refering to. I know it's not the whole company, but what groups will be hammered this bad.....
Ad Services Meeting 3/14
Can anyone summarize the ADSV transformation/transition meeting held today? Thanks.
Unused vacation time
Can somebody on here who has quit State Farm or knows somebody who did it tell me if when you leave on your own, do you get paid for unused vacation time or not? Just trying to make sure I have all the necessary information in advance in case I do... — read more
Anybody else from Ad Services here at this hour?
Just wondering if I'm the only one. To say I'm nervous ahead of today's meeting would be an understatement. I've already started looking for a new job a few weeks ago, but that doesn't mean that I came to terms with the possibility of being laid off... — read more
layoff to affect mostly people close too but not quite at pension
in a cynical move state farm lays off middle management. typically people who have not made it to full pension. announced today . again affecting the people who have been most loyal to the company
Ad Service announcement tomorrow
Wonder if they are going to announce the opt in or out.
Fire Claims Plans??
Any word on transition plans for Fire In-Office?
Reinspection being moved to the hubs
All L&D Proximity (think trainers) and Re-Inspection being moved to the hubs, don't know exact number. Think about what this means - the company doesn't care about the quality of work being done in the field, or training the reps that remain. I think... — read more
What's going on with layoffs?
Just wondering, it's been a while since we got any actual news? Did I miss something?
Employee turnover at the hubs
I’ve heard that the turnover rate at the three hubs Is well over 100% a year. Does anybody know the real figure?
Where is the 2017 annual report?
Isn’t the annual report usually made available online by this time of year? All that’s been posted within the company is the fourth-quarter report. I imagine they’re trying to keep the bad news from going public as many as possible
State Farm is the WORST company I have ever worked for.
I experienced harassment and discrimination in their boiler room. I wasn't the only one. A co-worker was REPEATEDLY (going on 4 years now) passed over on promotions SOLELY because of her speech impediment which has NOTHING to do with her job, period... — read more
20 percent cuts across the board
You are correct, looking at the cuts already made in P&A, SR, L&D, etc... the cuts are about 20% across the board. Do we know if this trend will continue throughout the company? Twenty percent of 70k is 14k, is State Farm really going to cut that... — read more
Two stars on Consumer Affairs
And then we wonder why things are falling apart? Just go and read some of the customer reports about State Farm. I can guarantee you things didn't used to be like that. I'm not sure what happened in the past several years (or more like a decade,) but... — read more
Opt in Opt out severance question
After watching the video it appears that whether you opt out or opt in and do not receive a reasonable job offer you will receive the same severance. My question is unless you were planning on retiring soon or quitting why would you opt out?
State Farm Employees should form a union
Organizing a union for the employee will help us bargain together for better wages, benefits and work conditions. unionized employees tend to earn higher wages and have greater access to employer-sponsored benefits than the non-unionized employees... — read more
Relocation
Has anyone been offered the option to relocate? I've seen the video outlining the package, but what I'd like to know is how long you are given before you need to be in your seat, working at the new location.
Barron’s State Farm 401 investments come over n last
And 5 to 10 year projections are pitiful. Where’s the accountability? This is our retirement
Birmingham, concordville and Bakersfield...any NEWS on these casualty locations
With all that is going on with other segments and Fire casualty having been a year behind is there anything brewing for casualty
Very good read Mr Flick
http://www.pantagraph.com/blogs/flick/flick-by-george-is-state-farm-ok/article_4139346d-78b1-564d-a50a-b2b48df55a05.html#tracking-source=home-top-story-1 Telling it like it is.
Age Discrimination Verdict: STROUP v. UNITED AIRLINES, INC.
https://www.bizjournals.com/chicago/news/2018/03/08/united-airlines-loses-age-discrimination-lawsuit.html Here's a link for UAL's unsuccessful motion to dismiss the above case: https://www.leagle.com/decision/infdco20160412932 A caveat is that these... — read more
Underwriting
41 years in Underwriting. Any news?
Don't forget about Job Opportunities at your competitor AllState we'd love to have you former State Farm associates
https://www.allstate.com/careers.aspx
Blue Owl is hiring!
A million people a year die in car collisions around the world and we want that number to be zero. We invite you to help us build an InsurTech company that uses rich customer insights, advanced technology and data science to save lives by preventing... — read more
Missing the big picture
I once saw a de-motivational poster that read: No single drop of rain believes it is responsible for the flood. In a different light it is raining and there is a flood occurring but we are all caught up in our own departmental drama to notice it. The... — read more
The company is still losing money
SF is still losing policies at a rapid rate. The plan they have to streamline this company is going to continue to come full circle. The only thing any individual can do is save as much as you can. And also decide if you are going to try and stay... — read more
Board Meeting next week
If you are not happy with the way things are going, I encourage you to make your voice heard to those the CEO and his staff report to - the board of directors. CEO staff meets with the board next week. Share your thoughts on the job this leadership... — read more
Severance - unemployment question
This might be a stupid question and I apologize in advance, but I can't seem to be able to find the info anywhere else, so I will brave asking here. Are people who receive their severance one they are laid off still eligible to receive unemployment... — read more
Alignments already happening?
Heard from some folks that people are already getting alignments in ET to their new areas. I was thinking this was a fair competitive process. What is the interest form for if people are getting aligned already? Is this a deal struck between... — read more
State Farm demutualizing and heading to IPO?
Rumor has it all this downsizing is to get State Farm ready for IPO - Initial Public Offering. Upper management would make millions on stock options.
it's not ageism
this will be unpopular opinion, i know that, but i think older employees who have been with the company for more than twenty years should not be protected when it comes to layoffs. majority of them has been here for so long that they have lost all of... — read more
What do you think is better?
I see a lot of people here talk about how this is handled all wrong and that announcing it so much ahead without any details is causing people tremendous stress. On one hand I can understand this, anticipation can sometimes be worse than knowing the... — read more
We are finally getting some media coverage
Plenty of article now about IT layoffs. At least we are finally starting to get some kind of media coverage, I guess. I was starting to believe I was imagining things. I guess 900 is the magical number. Never mind the fact that State Farm has in the... — read more
$250 million in the red
http://www.insurance.ca.gov/0400-news/0101-advisory/advisory010-18.cfm $250 million at stake for homeowners as insurer challenges rate regulations. Insurance Commissioner Dave Jones takes on State Farm legal challenge to long-standing consumer... — read more
Chicago office
Anyone hear anything about the Chicago office? They tell us we’re safe until 2020 but I don’t believe it. Any info is appreciated.
Wow - What happened to MY State Farm?
I'm a retiree with a whole lot of years of experience. My last five years were spent listening to business analysts whine about getting promoted every year or so, wanting tons of flexibility in work hours, coming in late, leaving early, screwing... — read more