Folks, let's be realistic here. Executive doesn't care about the 3000+ claims personnel they are about to terminate. Remember, exec can't ask for a rate increase due to salaries, but they can due to indemnity payouts. That's why it's easier to overpay a claim with an inexperienced and cheaper claim specialist than pay for experienced (and more expensive) personnel to pay what we owe.
Not only do they not care about us, they don't think we are necessary to meet their arbitrary SLO's. We have ample proof of that and it's no ones fault but our own. How many of us have fudged our time-cards an hour or two to do what needed to be done? I know I have. I treated SF like what it once was, the world's largest mom & pop company. Now it's just a company. Loyalty doesn't matter and those of us who have kicked in an hour or two have no one to blame but ourselves because exec level is so out of touch that they don't realize that's what has been happening. They are so ignorant (in the literal sense of the word) that they actually believe metrics.
We all know that there are morons who think they know claims that have decided we can afford to lose 38% of our staff and maintain SLO's. We also know there is NO way that will work. Live and learn. If you stay, work as hard as you can, earn OT if you must but deliver the promise. Metrics be damned. Our customers deserve our best, no matter what we feel about our executives.
I'm in prox and I KNOW my job is gone. I'll have to move, find a different company to work for or take a demotion. Either way, what I love to do and where I love to do it, is no longer an option for me. Realizing that, my wife and I have talked and we've decided to opt in & post for what I WANT to do. If/when an offer is made, consider it and if we don't like it, take the money and run, worrying hasn't been helpful. If we do like it, the worrying has been for naught anyway. Mobility is going to be key (as usual). Either way, fretting does nothing but raise your stress levels and is of no value.
If you've been here for 20 years or so, you'll get about a years salary (if you've been frugal with your PTO & Legacy bank) as severance. That's more than enough to find something else.
I'm close to someone who has left SF before and come back for personal reasons. It can be done and it's emotionally, very freeing, to say goodbye. Realize that you can find a job elsewhere in the insurance industry if that is what you choose. There are plenty of other companies out there that LOVE former SF'ers. They know our value even if our own execs don't. I've experienced this first-hand. Like in the past, this will pass and in a year or two exec will realize how badly they've screwed up (see fire migration as an example, how does the person that sold that bill of goods still have a job, and yes he does) and start looking for former employees to return. Most of us that are going to be affected (older employees with higher salaries) are just working for a pension anyway.