Is State Farm planning another round of layoffs in Enterprise Technology in 2020? Does anyone have any information?
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Our brand is finally being recognized as a place for Great tech talent to join! Word is getting out in the hubs!
Doubtful. The ET budget has a small decrease is labor spend the next few years. Not enough to warrant a full scale transition. On top of that, several prominent ET areas were just approved to expand their headcount.
I know someone on the team performing the study, requested by execs, to determine how many and who to cut in the next round.
More cuts are coming. This is not just "stoking the flames"
"Those who say ‘yes, more coming’ are just stoking the flames for their own personal kicks. Any future ET downsizing will come via attrition. And I am in the know.... not talking out my butt. Sorry drama queens..... none here!"
Perhaps, but the cause of that if true isn't due to another round not being in the original plans. What has happened is the job marketplace has given State Farm plenty of feedback that it's not a sought after employer, especially in the hub cities. State Farm was never going to be a top level place to work in the Hubs, with all the competition in those cities. What the last few years of mis-management have accomplished is to make it a poor place to work even in the central Illinois job market.
With the current job market and State Farm's earned reputation as a poor place to work and think executive is probably going to try to hang onto what little ET talent they have left. Of course with the id--ts in charge of that department non of it will matter.
Those who say ‘yes, more coming’ are just stoking the flames for their own personal kicks. Any future ET downsizing will come via attrition. And I am in the know.... not talking out my butt. Sorry drama queens..... none here!
Non developer roles.
Yes. Right sizing the department. Too many workers
Yes. More rounds coming.
Eliminate the work from home option. No one is actually working. You need to be in the office.
We need low premiums. Geico is closing in on the number one spot. If layoffs are needed to decrease premium the make it happen captain
State Farm's leadership was/is grossly out of touch with the average employee. In 2018 MT would frequently state that it was a privilege to work at State Farm and employees needed to prove themselves each year if they wanted to keep the honor of working here (SF). I'm sure that is true if you are an executive with all the perks that go along with it. For everyone else though it's turned into a horrible place to work. No work/life balance, hostile work environment, below average pay, and below average benefits now that you can no long factor in a solid pension. It is far from a privilege to work at SF now. It's a temporary job and a poor one at that.
I suspect what was obvious to most people from the beginning has finally being realized by the Executive Class. (Probably took 20 surveys to reset their reality) Treating employees poorly and doing a 180 on job security, is going to cause poor moral and people looking for a better place to work. "Pretty Buildings" aren't going to retain anyone except perhaps the janitor.
If I had to guess I don't think they are going to do another round of ET layoffs in 2020. I think for now they have gotten the message that the tables have turned between quality employees and SF. SF wants them more than employees want SF.
They'll get c---y again though, and I don't think it will take too long with MT running things. I suspect by 2021 or 2022 layoffs will start up again. Perhaps it will be a longer cycle, but I believe they are going to continue to periodically clean out older employees. Calling these things "structure studies" was merely cover for showing the over 50 crowd the door.
One word - NO
This will be the new standard for every department. A business should reevaluate staffibg on a regular basis and make necessary adjustments. Tipsord has a tough job but he is handling it well. Making our company stronger. Eliminate the pension and many of the old tiners woukd scurry off like roaches when the lights are flipped on.
Don't know but a second round in ET is a rumor I've heard for a while from several folks. These people have been part of meeting where it was discussed. I think their "plan" was to let things settle down a bit in 2019 and then do another round in 2020.
However, I think they are also waking up to the fact that they have created such a toxic environment that no one wants to work there anymore. So perhaps E12 is starting to realize they need to switch behavior to attract and retain employees. Either change course or they are going to be left with AVP's and folks that can't find work anywhere else for one reason or another, with little in between. (Basically, they've gutted the middle range job classes of older worker.)
IMO, deep in their evil hearts they still would love to get rid of any non executive over 50 that is making a high salary. The problem for them is everyone has now seen this action played out all over the company and realizes it will likely happen to them at some point once they get to that age. This has had the effect of devaluing the pension as a retention benefit, and opening a lot of eyes to what kind of company SF has become under the current CEO.