Topics regarding layoffs at State Farm Insurance

Topics regarding layoffs at State Farm Insurance

It's not so bad! Or is it?

3000 layoffs announced last week. 200 jobs open for those 3000, of which 90 will be mandatory relocation with no financial support.

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| 1370 views | | 2 replies (last February 28, 2018)
Post ID: @OP+RXTvKvZ

My heart is broken

It's all about business, we have been told that SF not a family oriented company anymore, and if we don't like it we know where the door is.. really s---s to hear that after 21 yrs of employment..

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| 676 views | | no replies yet
Post ID: @OP+RXTrvEg

State Farm is the worst

I spent 5 years of my life with this company. Although it gave me great skills I went from a good company to just low and horrible. The way they treat people is unfathomable. The way they act like they own your life and belittle you. I saw a strong... — read more 

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| 3620 views | | 10 replies (last March 31, 2018)
Post ID: @OP+RXqV5FQ

I understand what Agents are going through!

I was an injury claim rep. I understand what Agents are going through. SF is losing their top claim reps and bringing in low trained people to fill those spots. People are over worked and more and more is expected of them. They are having to fight to... — read more 

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| 1421 views | | 2 replies (last February 28, 2018)
Post ID: @OP+RX5R5Fu

You are moving backward not forward

State Farm is moving back in time instead of forward. Work/life balance does not exist, support employees are treated like factory workers, clock in, clock out, zero flexibility, and so on. Prof/tech are being shuffled around and/or dismissed... — read more 

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| 1705 views | | 1 reply (February 28, 2018)
Post ID: @OP+RXwnsfR

State Farm Pension Plans

Do you think that some of us who are very close to to drawing down our pensions will be able to get them? It seems to me that everything is in a limbo now and that nothing can be guaranteed. I was really planning on this chunk of income and if they... — read more 

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| 3030 views | | 4 replies (last March 15, 2018)
Post ID: @OP+RXkpZNf

Poor Change Management and Executive Communication

Here is my brief rant about "Poor Change Management and Executive Communication". I hate the situation we are all in right now. It’s bad, it’s stressful and many are affected. However, I get where they are going with this and as a plan, it has some... — read more 

Who needs a laugh?

March 2 Employee Appreciation Day. Thanks everyone. Now get out!

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| 1100 views | | 2 replies (last February 28, 2018)
Post ID: @OP+RXfpWeD

Severance package

I'd be interested in the differences of the severance packages between management and professional/technical. Anyone with knowledge about the offerings?

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| 7590 views | | 3 replies (last February 28, 2018)
Post ID: @OP+RXowr1u

Is this for real?? So many ads make me wonder

If this is true, we in Agent's office are screwed. We already have been dealing with daily, endless hours of mistakes made by inexperienced service dept and Underwriters. They want us to be "remarkable". We are becoming "remarkable" for sure. I've... — read more 

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| 2230 views | | 6 replies (last March 1, 2018)
Post ID: @OP+RXIeRtv

The new game played by corporations

Some of you will notice that even though layoffs are going on, the company will announce hirings. If this seems illogical it's because it is. And it's going on everywhere, especially recently. So what's going on? It is a desperate attempt to save... — read more 

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| 2092 views | | 3 replies (last February 28, 2018)
Post ID: @OP+RWrGSdg

Why are we hiring?

If State Farm is about to lay off thousands of people, why in the world are we still actively hiring? There are new job postings from literally within the last 24 hours. And I am not talking only one or two, there are plenty to choose from. What is... — read more 

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| 2770 views | | 12 replies (last February 28, 2018)
Post ID: @OP+RWZ3ZAs

Announcement coming next week?

Rumor is that March 5-6 is when the announcement is coming for overstaffed roles Do we know if this is true? I'd be really happy if that were the case, to be honest,m as I'd rather see this over with, then have to wait any longer not knowing and... — read more 

How hard is it truly to find a job in your fifties?

I was just wondering, how hard is it truly to find a job in your fifties? I'm not sure if my dad will be a part of the layoff, but if he is, I'm scared that finding a new job might be an issue for him. He's been with the same company for decades, and... — read more 

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| 5001 views | | 8 replies (last February 28, 2018)
Post ID: @OP+RW36nnn

Getting what you all deserve

All of you have been deceived by greed and empty promises, granted some may survive, find your own way use your knowledge against the same company such as home care and case working, surprise yourself.

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| 1530 views | | 3 replies (last February 27, 2018)
Post ID: @OP+RW9AN6j

401K After Being Laid Off

I wanted to see what other people who have been (or will be) laid off are doing with their 401K plans. Do you have any suggestions about what should I do with my investments. I am assuming I have an option of keeping it with SF, moving it to my new... — read more 

My only regret is...

I'm 55 and started looking for a job outside of State Farm in August when the "Transformation" was first announced. I saw the writing on the wall then. In October another company, a leader in their respective industry, contacted me and brought me... — read more 

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| 12180 views | | 14 replies (last July 18, 2023)
Post ID: @OP+RVKJAIu

Compensation

I would be very interested to see MT’s compensation numbers after this year (it is in the public domain). His base salary is 1.47 million plus incentive bonus based on metrics based on financial results, growth, customer retention, and employee... — read more 

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| 2330 views | | 4 replies (last February 27, 2018)
Post ID: @OP+RV11MwF

There is so much I can say about State Farm

I used to work at State Farm. I worked nine years as a State Farm employee. I quit the summer of 2017. I worked in Injury during my last year. While I was not laid off, I felt as if my hand was forced. There are a number of factors that made me throw... — read more 

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| 5040 views | | 9 replies (last March 1, 2018)
Post ID: @OP+RVNZys2

Meeting last Friday.

There are 8000 employees worldwide in the field including managers. 3000 will go through a tough time here soon. It’s sad and disappointing.At this time, I am safe but for how long? It’s not easy to say do something about your situation when you have... — read more 

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| 3490 views | | 8 replies (last February 28, 2018)
Post ID: @OP+RVQnk47

It's broad

First, layoffs is not fake news as some want to portray it. I am not big fan of our management, but they are not hiding it - The Tribune had a cover story in the business section on this. Second, layoffs are not just at Corporate and not just IT... — read more 

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| 2090 views | | 3 replies (last February 27, 2018)
Post ID: @OP+RV7N3QV

Do the executives see themselves as visionaries?

I'm just wondering what goes through the mind of someone like Tipsord or Fawad each time a new consulting firm comes up with a grand plan for organizing Systems or other areas of the business. I picture them sitting at a big table in a grand room... — read more 

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| 2570 views | | 7 replies (last February 1, 2024)
Post ID: @OP+RVvVt6B

Myopic Vision at SF Corporate

And that right there is what has always been our problem: Corporate doesn't know anything about the real world outside of the safe corporate bubble. Everything you said is false. People are being reassigned out of roles they're good in for sh--ty... — read more 

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| 3650 views | | 11 replies (last March 15, 2018)
Post ID: @OP+RVZZ1RM

Auto Estimatics Re-Evaluation

I don't know if all Estimatics employees received the same email this morning, but in my area, we were advised earlier today that we would not be getting our decision form today, but later in the week. Apparently they're reevaluating the numbers. Our... — read more 

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| 2830 views | | 6 replies (last February 28, 2018)
Post ID: @OP+RVhMl6O

Share Buybacks

You're in the financial industry, so this is a topic you should have a working knowledge of, but most don't. Let me nutshell it for you.: Corporations are buying back their own shares like never before in history, we're talking trillions of dollars... — read more 

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| 1920 views | | 11 replies (last February 27, 2018)
Post ID: @OP+RVRAcrW

Loyalty is a two way street

I continue to pray for all people still in limbo. Loyalty is a two way street. When you let go leadership that worked for years and truly believed in the company and many times had to miss family events etc, that says more to the rest of employees... — read more 

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| 2090 views | | 2 replies (last February 26, 2018)
Post ID: @OP+RVzj6IM

Claim and Section Managers

I really don’t understand how SF after years of dedicated service cut these jobs as coldly as they did. I worked for over 20 years with some of these managers and I was shocked by some of the ones they displaced and kept the ones who actually needed... — read more 

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| 7420 views | | 11 replies (last September 3, 2021)
Post ID: @OP+RUslmIg

The Great Pension Crisis

Govt's and corporations across the board are not fully funded to pay out pensions in the coming years. That is a fact. Google it. If you're expecting to get a pension over the next 5+ years, you're in for a surprise and my guess is we don't make it... — read more 

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| 4420 views | | 28 replies (last February 27, 2018)
Post ID: @OP+RU3qp0S

Enterprise Technology Managers

Anyone know how many Enterprise Technology Managers we’re not offered positions (not counting the ones who took voluntary severance)? I’m hearing numbers anywhere from 12 to 90. In the Management meeting a couple of weeks ago, Ashley said “in the... — read more 

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| 2970 views | | 6 replies (last February 25, 2018)
Post ID: @OP+RUz4lYX

Pension

Any word about the direction pensions will go? For those of us close to drawing down our pensions is it correct all of our benefits are grandfathered in?

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| 2550 views | | 8 replies (last February 28, 2018)
Post ID: @OP+RUUltgO

My experience

I currently work for State Farm corporate. Whenever State Farm closes a location they give their employees over a year notice they offer relo to full time employees whose job is being moved to a different site and for those who decided not to move... — read more 

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| 6090 views | | 23 replies (last March 16, 2018)
Post ID: @OP+RUdSvwl

Hey California

Where's the class action when we need it? How can the farm layoff 50 year olds and up? We need a union or something. You'd think the stress alone of not knowing would be enough to suit for emotional damage. Please get on this. California has the... — read more 

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| 2180 views | | 4 replies (last February 26, 2018)
Post ID: @OP+RUmFbI1

Hubs

Hey hub employees. Are the hubs done are they adding to the hubs? When will they be done? This may give us an idea when all of this will be over. Please let us know if they are buliding or adding more buildings and when they are expected to be done... — read more 

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| 3320 views | | 12 replies (last February 28, 2018)
Post ID: @OP+RUawTm8

Happening everywhere, not just State Farm

When you realize this isn't all about State Farm, and poke your head over your fishbowl to see layoffs going on everywhere, you will start to see the big picture. At that point you will get it, or start to get it.

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| 1740 views | | 8 replies (last February 26, 2018)
Post ID: @OP+RUhUc4X

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