Thread regarding State Farm Insurance layoffs

I agree. Also I think the managers found it a slap in the face that after years working hard to promote to their position that they would now have to fight for another position and most likely it would be a demoted position. If they didn’t get hired into another position by June then they would only get half the severance with involuntary severance. I think it was not worth the risk for them and their confidence in the company that many of them made sacrifices for over the years was shot to hell. I have a feeling that SF will regret losing some of them.

Um, the reason many of the leadership people I know are leaving is that they are getting a very generous severance package, much more so than the lower levels. That and they can see the handwriting on the wall and are abandoning the sinking ship. I think senior leadership was surprised at the number of people opting for the voluntary severance, hence the large number of SM openings. I have seen very few postings for SM positions, let alone the vast number they currently have. And by the way, if I was a SM who was told that there was no place for me in the new SF only to find their position not filled, I wouldn't post for it. I would take the money and run!!