Well they are offering people buyouts based on how long theyve been with the company and i think how old they are. It was sort of explained that some people could effectively be paid to leave now but still get paid a couple years worth of pay. Basically for people just about or past retirement could get a massive payout to just retire now. The department im in got that, no offers to move into other roles ect, they are fishing to pay our near retirement people to just leave.
After seeing the payout calculations, you would have to be insane to not take the offer. If i was even within 5 years to retire id take it, its that good.
Some of the entry level roles are having more movement, with many being pushed into claims, then any more needing to go theyll offer the retirement buyout.
But yeah State farm has, for a long time, chosen to buyout, push people out, ect vs official layoffs. They did "layoffs" when they started closing the larger operation centers, non hub buildings, but i think even then so many people quit vs move that they needed to keep people and let those people work remote, and they still are.
So yeah no layoff just everything else that causes people to leave.
At least with my department they are offering to pay older people to leave, and im jealous....like getting a $150k lump sum to retire now vs a year or two later is just insanely good. i would say 0% chance they will have to force people out if they are tossing cash at people.