Thread regarding Nationwide (Insurance and Financial Services) layoffs

Seems massive changes, is it safe to safe layoffs are on the way?

A littler nervous seeing all this change. Seems like cuts are imminent. But who knows. Does anyone here with more experience at the company have any idea of what to expect?

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| 2251 views | | 3 replies (last July 12, 2023) | Reply
Post ID: @OP+1nljxiMd

3 replies (most recent on top)

any word on how many people will be impacted or what percentage of the whole department? That certainly su-ks. My condolences.

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Post ID: @epho+1nljxiMd

It was confirmed today that at least CL UW will experience layoffs. They danced around other questions about but said associates will be impacted. No idea how many or when that will be.

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Post ID: @efls+1nljxiMd

IDK. It’s hard to read the tea leaves at this point. Recent meeting with staff and Kurt Walker expressed high confidence with company’s financial progress. At the same time, business on the claims side has flagged dramatically as the company continues to retract from formerly lucrative states due to extreme weather disasters. We’re moving into another quarter so if anything is going to happen soon we will not wait long.

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Post ID: @1gme+1nljxiMd

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