Thread regarding State Farm Insurance layoffs

More layoffs

Thoughts on when the next layoffs round will take place?

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| 3181 views | | 15 replies (last November 2, 2021) | Reply
Post ID: @OP+1doOvJ1p

15 replies (most recent on top)

You obviously forgot 3 out of top 4 are accountants. While they support diversity they support the bottom line only about 100 times more. Biggest impact on bottom line, not workforce makeup, or even expenses-instead it is indemnity. This is why the LOC folks are going to be around for quite awhile. Not out of the goodness of anyone’s heart but because of their experience level .

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Post ID: @errs+1doOvJ1p

They’re always updating their “legacy list”. If you weren’t on it back in 2013 and made it through the first transition that occurred over the few years that followed, it will hit you like a ton of bricks when you find yourself suddenly a target of it one day anyway as they use any means they think they can get away with to meet their makeup of the workforce metrics they are going for.

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Post ID: @ejah+1doOvJ1p

How can anyone with half a brain believe there will be more layoffs when staffing is already much lower than even executive wanted. Plus with mandatory vaccines it will take another slight hit.

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Post ID: @dira+1doOvJ1p

Reduction is necessary to meet expense goals. I would guess we will see more announcements within 90 days.

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Post ID: @dahn+1doOvJ1p

There will not be any layoffs…they dont have enough employees in any dept to the job adequately…..but yet..still grow policies continuing to net billions in the mutual company…leadership has created a he-l ho-e….I have been here along time and know alot of employees and everyone including myself hate what this company has become…..

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Post ID: @1aui+1doOvJ1p

No layoffs coming they bleeding employees right now. Hence why unleashed this new merit based payscale today.

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Post ID: @hxc+1doOvJ1p

Soon, your last day is Friday, bring a box.

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Post ID: @gwz+1doOvJ1p

With over 3000 open requisitions no one will be paid to go for years and years…..

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Post ID: @kbh+1doOvJ1p

Pay us to leave like the last group of let go’s.

Words are deceiving

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Post ID: @dlr+1doOvJ1p

For SFarm this site should be name “The Runoff” rather than “The Layoff”

At least it does not get in the news if they run good folks off. Layoffs always hit the news

Middle Management needs downsized

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Post ID: @wkg+1doOvJ1p

Definitely not in claims. Employees are leaving like crazy because competitors offer a better environment and better pay. Heck, I’ll be leaving the company within 2 months!
Claims is collapsing thanks to incompetent executives.

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Post ID: @rjf+1doOvJ1p

Company is losing people left and right like every other company. Still needs to hire 3,000 people. but yeah. a lay off is coming because I heard it from my cousin's neighbor who used to be a director in HR.

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Post ID: @qnt+1doOvJ1p

Not any time soon in claims, we are bleeding employees right now and they can't hire the HS dropouts in the hubs fast enough to replace the experience they are losing.

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Post ID: @ngw+1doOvJ1p

there have NEVER been layoffs at SF ... nice try

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Post ID: @kvd+1doOvJ1p

Also, is SF known for having layoffs close to holidays?

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Post ID: @mck+1doOvJ1p

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