Thread regarding State Farm Insurance layoffs

We needed to make a few changes here, a little streamlining there, etc, to take a very profitable industry leader to the next level. INSTEAD, we burned the whole thing to the ground and replaced it with a masterpiece of stupid. Somehow I suspect the new business model did not plan to include losing the best employees, losing billions of dollars each year, and losing nearly a million customers last year alone.

What SF is getting right is saving a Billion dollars or more each year in employee costs (med, salary, etc.) And this will help SF be more competitive by reducing the cost of doing business.

Maybe. Maybe not. The benefit of the re-org is more complicated than "expenses reduced." If it weren't, every company could become more profitable simply by laying everyone off.

It's a function of revenue impact + expenses reduced. And with the way State Farm is leaking policies like a sieve, I'd say their approach is not working.

So you call out the TROLL, give them the perfect platform to express every repressed thought and mum's the word?? Come on..Where is your epic business model? Proposal perhaps?

Crickets.....

I see the approach being used for the transformation as marginally effective.

I've seen some awful first line managers retained and some excellent ones gladly take severance and leave.

Analysts who should not be retained are being saved by manager friends rather than SF keeping the most qualified. And this s---s. Just look at the analysts who recently had their role/skills changed just to move from overstaffed to other roles. Managers who did this should be repremanded.

What SF is getting right is saving a Billion dollars or more each year in employee costs (med, salary, etc.) And this will help SF be more competitive by reducing the cost of doing business.

Will SF be around in 50 years, I don't know. But slowing down the bleeding will prolong the life of the company.

I guess it is OK for the company to attack people and their livelihood but no one can attack them? Hypocrisy and lacks inclusion the very thing they think they embrace! Definitely as stated before by someone. Welcome to "THE DEEP STATE!"

Previous poster:

Yours was not a troll post.

Our resident troll says stuff like, "All you guys deserve to be fired! So glad your gone! Should have happened years ago! And you won't be able to find another job because you have no skills. All you do is take three hour lunches on the company dime!"

Yadda yadda yadda.

Most EVERYONE recognizes that State Farm needed to make cuts. Also, most everyone who is reasonable seems to recognize that State Farm is currently throwing the baby out with the bathwater and is not addressing the core issues.

I agree that changes needed to be made in Fire Claims. We were top heavy with management and I am glad to see some of them go. Don't weep for them because they got voluntary severance! Where the company went wrong is that they cut Proximity reps too hard, and they didn't address the claim central issues. We have been trying since 1997 to make the claim central concept work and have failed. If they had done a poll of Proximity reps, I would bet the top issue they would identify is that claims continue to be sent out that don't require an inspection. Also, during inspections we get hammered by customers because of poor customer service in the centralized environment. The company should have either staffed the field properly, or committed to staff and train the CC reps better. Call me a Troll but the Farm lacks vision, and executes poorly.

A "number of you" is mostly just one guy.