Thread regarding State Farm Insurance layoffs

@pq+1kmgf17jf Dont interact with that poster, they lurk here crapping up every thread and making lots of false info threads to agitate. I suspect it was an agent who got canned like a decade ago. Look at their language and see they are most of the downvoted posts on the board and downvoted threads. Its just some loser agitator that doesnt actually know anything about the company.

"Put your kids in daycare" LOL. I'm guessing you've never had kids because there wasn't anyone willing to procreate with you. but news flash you can't just pay for the days you need. You have to pay for the entire week, and you have to pay for every week in the month. maybe there are a handful of places or private daycares that might but its unlikely.

Put the kids in day care and do your work that you are paid for. How did we get to a place where people expect to get paid for not doing their work but doing their laundry and walking their dogs. This is insanity.

@fn The board chooses the CEO not the old CEO even if they say they helped, its up to the board of directors. The board of directors was so happy with how tipsord turned out they gave him a few lifetimes worth of money as a bonus.

The board of directors is steering this ship into the iceberg, the CEO and all the cr-p executives are just a function of the board of directors, which must be progressive stockholders.

Oh, good to see they are back on track running the company into the ground while stabbing its workforce in the back.

I wish we could get a management team running the show that wants State Farm to do well and wants to have a happy workforce. Crazy typing this out but we dont have it at all.

this mutual company is straight being mismanaged and if we are ever to recover, it will take a long time to undo the damage to the human capital. No one, and i mean no one, wants to work for insurance due to the reputation you all earned. In the past it was a job you didnt seek but stuck around for due to stability. Its not stable anymore, the work is beyond toxic....all by CHOICE.

"In 2019, 9.4% of State Farm employees quit their jobs, compared to 3% of Americans who quit their jobs in August 2019, the highest quit rate recorded by the Bureau of Labor Statistics. State Farm workers with longer tenure are more likely to stay: The share of employees who quit with five to nine years with the company is 1.2%, while employees with 10 or more years is below 1%."

They just got delayed because of COVID and a good job market. Its their business model is to get back to being the worst place in America to work!

You likely went to ISU and didn’t do very well. Local boy with an entitled attitude. You got your job from some friend and now can’t compete with new talent.

Ok so they were buddies and went to the same college! He is been holding MT's hand the whole time over the last decade while MT was destroying the company. JF is just another version of MT and MT selected JF to be CEO because someone from the outside would have gone in a 100% complete and total different direction than MT. Make MT look like an even more useless incompetent fool. Plus mini Tip wouldn't have a chance. MT was an ego manic consumed with his own self absorbed god like delusional view of him self. JF is just a continuation of the same!

Farney is somehow an even weaker leader than Tipsord was.

How does Farney portray down to earth? In one of his talks he tells a story about going to Wimbledon and seeing the kids who collect the ba--s for the players and said he wants State Farm employees to be like that. Seems pretty far from salt of the earth. Don't confuse being dressed down with separate from the ivory tower.

They did, it was in a survey, apparently all the executives were shocked and befuddled that their workers dont like commuting into the office to sit there taking inbounds alone all day.

This tells us the surveys are more for show, than keeping the workers happy.

I cant remember seeing a decision come from our executives that i think "man thats a great idea" why is it always the exact opposite? How did we get such awful executives?

Its just such a struggle sticking with the company....

@aj+1kmgf17jf According to SF executives...clearly they didn't ask the employees in productive roles.

Time to load up on Allstate stock. Its doing well too.

@aj I mean SF loves being lied about when it comes to this but they hate all the lawsuits being filed

Today the WSJ ran a story on the “Best” Companies to work for and SF was in the top tier.

@a5 I’ve heard a rumor there are people in HUBs considering a walk out. How cool would that be if it slowed things down for a half day or so 😂

Nothing will change until the board of directors has an overhaul.

Weve taken our unique position in the market, destroyed it, and tried our best to align with competitors who were doing worse than us, and now we are more like them to the point progressive is overtaking us.

Also, i really dislike the tangible dislike towards claim handlers and call center workers from higher ups, mostly SM and up seem to have a disdain for our lives. I hate the feeling they need to babysit and monitor us in office like we will all be partying if we werent watched directly, which is ridiculous given the amount of low-trust spyware on my wfh setup.

Company needs a shake up, and appears there is zero willingness to change course from "lets destroy our human capital" to "lets go back to innovating and dominating the insurance market"

P&C Claims......
Effective - June 01, 2026 Tuesday, Wednesday, Thursday, twice a month.
By end of 2027, claims with be in office at LEAST 50% of the time. AKA... probably more like 75% when they say at least 50%! Let the spiral continue!