Thread regarding State Farm Insurance layoffs

Giving you a heads up

Sept 1-most Prof/Tech and Para's will start re-entering the building. Leadership will have been transitioning into the buildings starting July 12. Now leaders can meet in person to discuss the following!

November - TMs will start meeting with employees to discuss the new Future State Operating models- Fire re-org, HRU, Stewardship, Prox....Team Lead structure U/W, Auto/FIre, a lot less TM's-only in the specialized areas, no ratings for employees, like TMs are today, with just a percentage/EIP. Levels of leadership will start getting cut and there will be more targeted transitions for tenured TMs, SMs, and CMs. Most CMs and SMs jobs are gone. AFS and Sales Leaders jobs are basically going away too. Korn Ferry will be utilized to determine who stays and go! Estimatics is done and so are most of Prox-outsourced to third party vendors-transition plans will be offered or more reassignments.
January 1, 2022- Pension buy-out offers are coming and employees will get heads up. Take it, trust me! There will be some decent incentives, bridging, time service etc...will be your last chance. Will be tied to staying around a certain period of time depending on local/Hub/LOC/job function/level. Agents will start all selling Gainsco ins too!

What's left-over-2nd Quarter 2022 LOC will find out their final faiths-depend on how quickly they can be replaced in hub cities/need. Also job class changes coming for U/W and Claims across all levels. No more $90K Auto/Fire Underwriters or Claim Reps in Prop-Complex and/or TM's for $130K a year to clear task, review a letter or review a file! TL will handle for $50-$60! CCC consolidation etc....

3rd Quarter 2022- 100 years now and changes to agency contract. More bots to automate away a lot of easy claims functions and U/W is going to start getting a lot more automation-ST to ST transfers, all added cars, all new business, automation of RAS/non-renewals and sunsetting the error based processing system. Target number of 40,000 employees by end of 2022, down from our current 57,500 approx. today! 25% reduction overall, target has been around 10% a year give or take a few percentages/turnover.

Pucker up ladies, gents, transitioning....!!!! It's amazing what things are left unprotected on SharePoints sites if you know where to look! You haven't seen sh-t yet!

Just ignore trolls...they can still measure from the perineum and it will still be 2 inches/2 seconds! Useless! You react, they win!

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| 36061 views | | 35 replies (last August 7) | Reply
Post ID: @OP+1bLVkj79

35 replies (most recent on top)

Looks like this post is finally coming true as most of it is going on now. Seems like COVID only delayed it.

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Post ID: @6ht4+1bLVkj79

You responded to a 2021 post about returning to office. We go into office one week a month. Most of the other stuff in this post was mostly bull..likely posted by the long term resident troll here. Why would someone who doesnt work here bump this thread with that question? Just curious. Im actually starting to think the resident troll here is an employee of the site, I see the same posts on other company forums here.

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Post ID: @eEjwf+1bLVkj79

What happened?

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Post ID: @exycw+1bLVkj79

This sure is starting to look more and more true each day! All the claims VPs and SVP retiring, new operating model released for the contact centers, new Execs and reporting structures.... I think Delta may have delayed some things but sure does seem like something else really big is brewing....

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Post ID: @Qcpx+1bLVkj79

It’s called groupthink. People know the answers, reasons, conclusion, but they are afraid to speak up because the perception of the majority. Afraid to ruffle feathers. This is not endemic to woke sf. It’s everywhere. People would rather not go against their political “tribe” than uncover the truth. Don’t be a sheep. Sheep get slaughtered.

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Post ID: @qzid+1bLVkj79

3 Claim's VP in a week retiring....

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Post ID: @qtam+1bLVkj79

Burden of proof is on the accusser. No one here is saying how great State Farm is other than how awesome the compensation was last year and the fact we all got to keep our jobs. We are just saying the broad accusations are meaningless without evidence to back it up. And posting past events do not equal confirmation of future events.

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Post ID: @7dlk+1bLVkj79

Yes all the employees are not catching the sleight of hand or shell game. 10 years ago SF had between 85-90K employees. Today it is 57.5K....... That is 3k jobs a year for the last 10 years. 30K jobs gone!!!! How many people do you know at State Farm over the age of 55? They dwindle each day...some retire...most have been run off through various schemes by Execs to avoid the discrimination lawsuit and to avoid severance/decrease salary expenses. Constant turnover with an id--t workforce...vendors, TPAs, ECRs, ....I'm amazed at how clueless some folks are that can't read the tea leaves.... Maybe a troll wants to chime in to tell us how wrong we are all and how great SF is...on a web-site called State Farm layoff.....derppp! I got a little p-e p-e! BLM... and I know you feel safer driving in your car with your mask on...Exec material for sure!

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Post ID: @6qbo+1bLVkj79

10K views, wow...

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Post ID: @6cdf+1bLVkj79

What you all are not getting is that they are reducing their staff via attrition. Replacement workers have been temp workers. I'm sure they will start hiring to replace the record breaking turnover in all the lower end departments. It was no mistake they reassigned their most senior workers to other departments over the last year, that was bound to increase attrition.

SF is doing layoffs in the most cruel way possible tbh, avoiding severances, which they updated just in case, and instead, making their claims employees miserable and in a constant state of emergency.

Its been a long term play to significantly reduce claim handlers. They didnt want to just lay people off and send them on their way with a severance package, they chose to basically create a toxic work environment and let nature take its course.

So no, there are no layoffs, SF shills can still say never a layoff, but they can close LOC locations, merge departments, increase workloads ect to cause people to leave and have the same effect.

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Post ID: @5sga+1bLVkj79

The OP is spreading fake news. Easy to tell-first, there would never be a cross discipline info on any share point site-separate disciplines are locked down from other disciplines-for a lot of reasons. Second, future “target numbers” are never reduced to print. Not in the past, not now, not in the future-massive litigation risk. Sorry if anyone got excited about this-the OP is just cruel and trying to get his jollies at your expense.

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Post ID: @5hbt+1bLVkj79

If this is so factual that this is happening, then I encourage OP to post a link to Imgur where they have a screenshot of this mythical unprotected SharePoint site outlining this diabolical plan. Posting a bunch of speculation with zero evidence is worth about as much as you sh-t for brains folks who think the world is out to get them. Post your evidence, prove all us "trolls and fake happy employees" wrong. I will gladly eat my words. Otherwise, if you disagree with me, then you must be a troll. See, I can do it too. Id--ts.

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Post ID: @5jel+1bLVkj79

Couple of things you are not understanding and with respect, inaccurate. SF did not do layoffs during the pandemic because it could not. It probably would have happened if not for SF having the busiest CAT year on record. Wildfires, hurricanes, hail storms, Derecho, and the huge Ice Storm, most CAT claims ever. They did make the LOC announcements and you think that new severance package change is just by chance? Instead they reassigned the excess auto employees to other areas and still had to bring in thousands of independents to keep up with the workload. We still can't keep up and aren't making too much headway in Fire or Auto...mandatory OT! Growing does not help the "plan" either but that will change. Also a lot of people quit and were fired during the last year and those folks have not been replaced or retained. SF execs have been very reluctant to hire new employees so they do not have to pay severance or term at a later date....it's easy to do the math. Plus they do have the benefit of understanding our future plans. Additionally, as SF Execs admitted, they saved a ton of money with people working from home which bought them some more time as well. There was no large capital expenditures for people taking home their monitors, computers and mouse! Plus new equipment is a tax right off. The bonuses are nothing compared to the profits and expense offsets due to working from home. Remember merit increases we also down across every segment. Don't fool yourself, it is coming. Good try though...

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Post ID: @5rsc+1bLVkj79

So let's get this straight. State Farm retained most if not all of its employees throughout the pandemic, which was a time when they could easily have had massive layoffs with minimal PR blowback. Basically the Golden Ticket to cutbacks under the guise of reduced demand/business need of employees. Instead, SF decided to retain all, spend an incredible amount of money mobilizing a remote workforce, pay this workforce arguably the largest bonus of their careers (across all employee levels) and now order millions of dollars of equipment to support the hybrid remote model. To top it off, massive hiring across all segments, massive policy gain which will prompt increased claim volume and labor demands.

But yes, OP is probably correct. Huge layoffs coming. But not before Bill Gates injects microchips into everyone with their vaccinations, SF is helping fund those efforts.

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Post ID: @4viq+1bLVkj79

Brought to you by the same group who had it on good authority that Tipsord was being escorted out by security and ERJ a couple years back.

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Post ID: @4jti+1bLVkj79

@2ums, I'm not disagreeing with your post. I just wanted to comment that with external associates, SF is likely saving money by hiring externals because they aren't responsible for benefits such as PTO, potential merit increases, etc. Even if SF does pay benefits to a temp, it's only for a limited time, so the company would be saving money over hiring a permanent employee and then spending the time and money to determine if any benefits are owed once they figure out who they are going to keep around.

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Post ID: @4dld+1bLVkj79

Great post OP

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Post ID: @4phl+1bLVkj79

Any news about Ad Services? All employee meeting in September...

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Post ID: @4wgf+1bLVkj79

Some of this may be true but they are hiring claim specialists and CAs.
Also, what CS is making 90k in Prop Complex?

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Post ID: @4btq+1bLVkj79

I hope you are right about the buy outs.

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Post ID: @4eat+1bLVkj79

Finally some decent information and the reason i actually look at this site...

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Post ID: @2wed+1bLVkj79

Often times a company will set them selves up to have an employee shortage for a period of time, typically by choice of management, to later justify their reasonings for offshoring. SF currently has a massive shortage of workers with plans to further reduce.

Add in the chaos of totally overhauling your work force and how they operate, which will create even higher turn over than currently exists.

I know there has to be some well thought out plan here, im not sure what it is honestly. A company cant keep hiring young workers for cheap that just leave for a less stressful call center job for the same pay, which is what SF has been doing the last 5 years or so. That hasnt been working. I cant imagine the extreme version of that doing any better.

The only thing that seems to be constant is that all change at this company appears to be employees making sacrifices, with the lowest on the totem being forced to sacrifice the most. Again is this really what they want to do when SF already has the highest turnover in the industry?

Or do they think paying a temp service double an CA pay is the right path forward?

Either way its rough, being tricked into thinking its all been some career thats been building on itself, and to watch that career get managed away to save money.

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Post ID: @2ums+1bLVkj79

The problem with your post is..the farm doesnt have enough employees…..when they sent auto workers to help the fire company…..the first time I can recall this happening…..because the fire company has relied on IA’s…and the farm wanted to cut back paying them….everyday its crisis management…..all because leadership doesnt want to hire enough workers to get the job done…and remember the mutual company netted merely 2 billion dollars in net income between 2019 and 2020..and ask yourself…what have they done with this money to replenish the workforce……remember we grew 1 million new policies in may of this year…..and the target for the whole year of 2021 was a million new policies…more policys mean more claims more work…with kess people….leadership has failed MISERABLY….but of course the MIP bonuses have been great I am sure……there will be no buyouts…maybe at the section manager positions..when they are called home to the hubs…..unreasonable job offer…give me a severance………the customer is the one who suffers..with pi-s poor claims service……

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Post ID: @1oam+1bLVkj79

I wonder when people are going to wake up and realize there is no long term career future at this place. Start looking elsewhere now.

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Post ID: @xjj+1bLVkj79

Oh please Lord, if this could only come true...

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Post ID: @wsf+1bLVkj79

@odn-please contact Musk regarding your time travel back to the 1960’s you are clearly in the wrong generation. Take your meds too.

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Post ID: @qsf+1bLVkj79

@cnt. Put your head back in your microwave and make sure your foil is off. Aliens can find ya easier. Your a joke of person and employee it’s clear.

Another brainwashed nutcase with an agenda. .

Don’t be a PR childish tool and fool. It’s clear where your brain cells. Grow up. Get with the Lord. Instead. Groupthink is how y’all get promotions lol.

Not a good way to live

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Post ID: @fic+1bLVkj79

You forgot to put your tin foil hat on this morning. Please place it on your head immediately to protect the rest of society.

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Post ID: @cnt+1bLVkj79

Anyone that thinks SF and data and processes and systems are decorate and safe for policyholders and claimants are wrong. You just wrote all your consumer rights and attorneys won’t help.( all. On it together ya know). . Silicone valley way. 3rd party way

Nothing to do with economies of scale. Big tech “leaders” exploiting employees and customers and distorts the money exchange and agendas. Why they are all BLM and moving claims systems and processes as well. Surveillance will be common. Rich get richer. A few elites in Charge of communities, utilities and making all decisions. Automated processsws at state ans county levels that have wrong info on you and yoir family amd friends. Also on policyholders. Legal industry gone woke. . Poor get poorer. UnAmerican really

Too bad SF did have have leaders with intelligence rather than rely on tech to drive decisions.

Social good and change is tare PR propaganda. History shows how not to trust that agenda and narrative.

Geoco, Progressive, AllState, Country, and every other big company follow the leader and buy into government and so called innovation for “prizes” and “awards”.

Dig deeper. Maybe they should give those awards back China and Cali way

Trolls and fake positive youngster techey lovers and data thieves and big shots at Farm can say all they want to dismiss people on this site.

More they support and trash others that think, they d-mber and corrupt they look

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Post ID: @odn+1bLVkj79

Perhaps it is related to https://www.thelayoff.com/t/1bK51V3l. Wouldn’t be surprised if m&a happens with a certain other company based in IL, going through restructuring.

Watch for similarities or complementary actions both companies where economies of scale could be had if they become one entity. Would solidify market share. Outsider looking in.

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Post ID: @scn+1bLVkj79

This op is correct. Screenshot before this post is taken down.

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Post ID: @alr+1bLVkj79

OP Knows what they are talking about and they have a lot of information and I appreciate the post.

It is real and itnis better information than will get from your micromanaging manager with a 20 or 30 yr old piece of paper that made them a manager.

Managers, DO NOT ASK ANTS for advise how TO DO YOUR JOB, how they are wrong and incorrect all the time? But SF way is put the blame to the emlyoyee in which most cases the actual ant knows more than their manager.

Some managers at SF are just horrible!

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Post ID: @hhf+1bLVkj79

SF owned and operated by China.

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Post ID: @bwd+1bLVkj79

Yup OP is right on target. I can't wait to see that SF sign go down.

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Post ID: @pen+1bLVkj79

The data and integrity amd ethics of tech at Farm and big insurance industry and finance is rather disgusting. It’s not high tech or innovation. It’s surveillance and shady third parties plug and play systems and policy admin systems Calling it upgrading legacy systems. Words are deceiving.

Exploitation of Policyholders, account holders, sales and marketing systems , claimants and employees. Calling it tech. And priming for a fabulous automated future. It’s not as heat and busyness savvy as it appears outwardly.

Research if you have doubts.

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Post ID: @huw+1bLVkj79

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