Thread regarding State Farm Insurance layoffs

Next cuts?

Has anyone heard rumors or know where the next cuts are going to be?

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| 3511 views | | 18 replies (last June 26, 2023) | Reply
Post ID: @OP+1ne97sl1

18 replies (most recent on top)

@4lvm-you better hope not. Because they will offer your job to an analyst.

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Post ID: @5ioq+1ne97sl1

They keep going, and customers will be cutting them.

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Post ID: @5ocf+1ne97sl1

I guess you missed all those ET layoffs, analyst are next. Good luck friend !

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Post ID: @4lvm+1ne97sl1

See you are still upset. You just aren’t good enough to be an analyst. . Oh well there will always be a need for grunt claims work, somewhere….

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Post ID: @4rrd+1ne97sl1

Another air stealing analyst I see. Don’t worry my guy, the company can’t operate without claims, you on the other hand , just take up space.

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Post ID: @4iny+1ne97sl1

Still mad over not being selected for an analyst role-pretty funny.

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Post ID: @4lpt+1ne97sl1

Let’s cut all of corporate, those analyst just pushing paper bring very little value to the company. Or they can answer a call or work a claim.

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Post ID: @4ijb+1ne97sl1

Already did based on loss results from last year.

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Post ID: @4etc+1ne97sl1

They should get rid of underwriting.

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Post ID: @4qpv+1ne97sl1

Whatever it is it will be another sh-t show where tons of work was not accounted for, contract renewals were missed.

How much does all that cost?

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Post ID: @2pxt+1ne97sl1

Precisely why Allstate is offshoring its entire claim operation. SF has been paying attention and exploring for several years now. Some speculation MT will announce before he retires to unburden new CEO.

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Post ID: @2vhf+1ne97sl1

1fxd+1ne97sl1

All the more reason to outsource.

Why should an insurance company waste time hiring people who don't stay. Outsource that headache.

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Post ID: @2izq+1ne97sl1

@1fxd if we follow the logic they used in ET, that's a perfect reason to cut.

Find a company that can "hire at scale" and outsource the whole lot of it.

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Post ID: @2fcn+1ne97sl1

Definitely won’t be claims, they can’t keep people.

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Post ID: @1fxd+1ne97sl1

They’re going to cut 25% of ET next year.

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Post ID: @1lof+1ne97sl1

Late round draft choices seem to almost always get cut.

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Post ID: @rta+1ne97sl1

No, but my best guess is underwriting.

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Post ID: @etu+1ne97sl1

Yes

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Post ID: @lzg+1ne97sl1

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