Anyone have any idea about who will be targeted by the layoffs?
23 replies (most recent on top)
Rumor of business lines field specialists.
Target will be the wfh employees who's buildings were shut down. They are totally remote. With all the employees in the hubs that will be loosing their jobs due to ai they can replace the totally remote employees. This is how they get all exempt some fire prox into the hubs.
@ex looking back through can't find that where does it say remote not eligible for severance
I’m choosing to live in delusion. We shall continue to be hybrid employees coming in 4 times a month And continue to be happy lol
I know they tried to downplay everything and say claims isn't affected but we know how they lie. I don't think they have told anyone who is affected, and there will be some surprises coming September 15, 2025. I have a feeling this is going to be going on every quarter for the next two years. It's a number game as they do not know who and how many will accept, bail out, die at their desk, or retire etc... I would encourage everyone that can swing it to take their 12 weeks of FMLA protection and 26 weeks STD before it is too late and they take away the STD benefit. Remember their goal is make your so miserable and your job so unbearable that you voluntarily leave and they do not have to pay you one single penny! These are still the same sh-t bags that have been running SF for the last decade. Pure evil trash!
If you are remote no severance. It was in the paper work you signed. If you are offered a jobs in claims and turn it down no severance. Updated guidelines from the HCL move.
NO ONE IS SAFE.
Agreed, they never had any plans of keeping remote employees this long plus Executive just can't stand it that they cannot put eyes on them.... They also do not want anyone to get comfortable in their role, move to a cheaper areas, create options for themselves. Plus it creates bigger issues for them as they are going to force people back into the office. That is a hard sell when you have fully remote employees and people coming into the office 50% of the time doing the exact same job, same results, and making the same pay! Again all their scams bite them in the arssss.
I think those employees in the hubs will get opportunities to go to claims and other areas to keep a job. Remote will train them and they will do this in waves and offer voluntary exits about 2 times a year to get rid of remote as they get hub employees trained in their new roles. And this new exit program that you have to put in to be considered is how they will control keeping enough to do the work and train until they are done with remote employees. Remote will be training their replacements. Probably will see the first controlled voluntary exit in 2026.
They will offer a lot severance! You have about 4-5K underwriting employees in the hubs that will not have a job over the next 12-18 months due to automation. They will reassign them to claims, life, etc....to take your job! You will probably train your replacement! When Tiptard closed all the remaining field offices he expected to force them out or to hubs. COVID delayed that tactic but his little mini me JF is going to restart it. Sorry.
@d6 but Colorado is fully remote? What hub they going too? Life department will not survive eliminating those roles.
Unfortunately, they are delusional. They are going to restart the playbook from 2019. They are trying to get everyone to a hub. They are going to start letting go of the remote employees and replace them with everyone in the hubs whose jobs are going away. Su-ks for them but for some close to retirement it will be a god send. Everyone also keeps forgetting huge changes are coming to benefits which we will find out in about 2 months. PTO, pension, STD, 401k, merit/bonuses, Sabbaticals, and no telling what else they want to fu-k us with. Everything will be designed for as many people as possible to come out on the short end of the stick, count on it!
For most the new severance packages are going to be the option of last resort for State Farm. SF is going to employ the normal torture, reassign, micro-manage, bully and gas lightning tactics they have done some many times over the last decade. Some will get the option in September but it won't be many. They know that claims is an absolute he-l hole where everyone wants out. TMs are demoting, SMs are leaving, CSs hate everyday they are there. They are going to flood claims with Underwriting employees but they know it will be a 90% turnover rate with those folks. They have a supply of thousands over the next year or two to flood claims with. Common sense would tell us just to get it over with but common sense is a 4 letter word at SF! They are not interested in doing the right thing. JF and his minions have to find a way/scam to get those $20 million dollar bonuses, heck of a scam to do it like MT did and not get prosecuted.
A company is competitive by taking advantage of cheap indentured labor importation and outsourcing work to sweatshops. If you need to see change then elect politicians that will change laws to protect American jobs by banning H1B, reducing immigration and tariff services from India
Logically, in no specific order A, B,C, H alias, remote, claims/underwriting (2 largest depts), 55 and older.....they want to reduce expenses and these are the ones with the higher salaries, most PTO in the bank and health related issues. My opinion, YMMV.
I would love to see them offer it to everyone! It would be awesome to see how many people would bolt! I think they would be amazed. Like the time they thought they were going to bully the Section Managers. They had twice as many decline the offers and opt to take severance then expected. Made a fool of them!
I hope they offer it to ppl with 10 us years. I'll take it and run happily!
For the first round...but the next 2-3 years is a whole different story. One thing that has not been shared is the forecasting that has been done. I know a lot people say they have inside knowledge but this was shared not widely but is no real secret. We are not growing and do not have a way to grow without taking huge losses. Exec said they know a market correction is coming. If they try to lower rates and a market correction happens they know what will happen. MT's $27 billion dollar loss will look like childs play. We cannot increase rates anymore and they destroyed the claims workforce. They are going to come after agent commissions, mainly on renewals. When they do, production will basically stop and lapse/can will go through the roof. At the end of the day, they have run their last scam.....they are showing not only has Progressive passed us, we will never catch them and now we have to try to play defense against Geico passing us in 2-3 years. Future is not bright for anyone at SF!
Didn't they just say in the last ET department meeting that less than 1% of ET will be impacted? Most of the older people at State Farm haven't figured out how to use AI effectively yet either...
A lot of people in ET. Marketing and Finance too. Soooo many were hired for Underwriting modernization and know their services are not going to be needed. AI is also going to be writing the code more and more. Also U/W is seeing about 95-98% automation on the states that have rolled out and that will continue until end of next year. They are on the chopping block and hundreds will be reassigned to claims but there are many more thousands that will not be reassigned. Also as soon as the underwriting people hit claims and see what a complete disaster it is, they will quit. I bet the turnover rate for the folks from U/W is 90%+. God only hopes they also target the 25+ year employees as it will be a 100% success rate and most will take it. Really these plans are about the next 2 years....as JF has a 3 year plan and it will be to basically gut the company again like his f-ck ta-d mentor MT. SF has no hope, as it has been so mismanaged with too many unqualified toxic leaders. It will not recover, sad because there are a lot of really good hard working people that will have their lives ruined because of these sh-t bags. Some wild cards are ILR/Express going away, agency changes, and all the people working remote. If you remember right before COVID there was a huge push to get everyone to a hub.....if they truly can't stand people working from home then they will systematically get them out the door! Yes we do have the room for at least everyone 50% of the time.. Just know this....none of this is going to be pleasant. Go Progressive!
Are there any bases in either of these claims? Typically VEPs like the one State Farm sent out are to incentivize older folks to leave - not younger ones.
Mostly people hired after covid
25 plus year employees. Maxed out salary and PTO. Paid more not to work