Topics regarding layoffs at State Farm Insurance

Topics regarding layoffs at State Farm Insurance

Flood Gates of Travel Open

Everyone is hearing that we have had record losses and expenses are off the charts. So, what is the smartest decision this company can do? Start traveling! Gather up management and minions from all departments and waste hundreds of thousands of... — read more 

by
| 2680 views | | 7 replies (last March 5, 2023)
Post ID: @OP+1lsn0Y5j

Enjoying employee appreciation day?

Hope you all are enjoying your low effort email and associated SFnet article no one has time to read! Happy employee appreciation day everyone. Maybe one day we can go back to actually appreciating the employees rather than seeing them as expenses... — read more 

Mid level management

You want to know how we can better serve our customers? Stop paying these managers 6 figures for being a glorified Yes man. They know nothing about what their team actually does. They just shovel the corpo message down our throats while I’m busting... — read more 

Today's the day!

Let's pour one out in honor of the 860ish folks who start working for Indian call center overlords today. Please do the needful well, and please do it kindly.

Incompetent Executive Leadership !

It started when the current ceo got placed….a finance and accounting manager who didnt have a clue what he was doing and still doesnt to this day. And lets not forget Robert Yi who under the guidance of the ceo put in place of not hiring folks when... — read more 

Underwriting Losses announced Monday Feb 27th

Tomorrow they will announce the biggest underwriting loss in the history of the company. Apparently, the plan the ceo has instilled isnt working. All during the covid era sf was writing any policy that they could. Policies had record growth while... — read more 

Marina Heights

Been hearing that they want us in office more than 1 week a month but others are saying we’re sunsetting these buildings. Are we moving to a new property? Who actually knows if these rumors are true?

Marketing cuts

There's no position for my (former) manager with the structure changes in marketing . I'm unsure if I will make the cut next. I've had a good run! Good luck to all my good neighbors.

Here's some food for thought?

How many people at SF will never be a millionaire? https://www.cnbc.com/2023/02/22/i-spent-5-years-interviewing-233-millionaires-heres-the-no-1-career-move-that-made-them-rich.html

Quiet quiting

Now that we have seen many companies announcing large layoffs, and even State Farm getting rid of about 1,000 in what is likely State Farm's version of a layoff,. I've not heard people talking about how they coming along with their plans of quiet... — read more 

Mr. Tipsord is a decent guy at heart

He has had to make difficult decisions through COVID, but is someone that cares about from front line workers, and them being able to support their families.

by
| 2760 views | | 9 replies (last February 18, 2023)
Post ID: @OP+1lcTcUNn

They enjoy micromanaging

Okay, maybe I'm not the best employee, but I definitely think that no employee will become any better by getting micromanaged to the point of near insanity. Also, I am sick of seeing good workers getting micromanaged while at the same time... — read more 

MT is an absolute criminal!!! Resign today! Trash!!!

This is all you need to know about SF and MT's $20 million dollar bonus in 2020 and $24.5 million dollar bonus in 2021, on top of his almost $8 million dollar a year salary! Yes it is stealing! We are a mutual company! Bring this up to your TM or SM... — read more 

by
| 2402 views | | 9 replies (last February 17, 2023)
Post ID: @OP+1lbnLjGz

state farm family - what a joke

I keep hearing management saying we are all state farm family. They keep saying this to the people they are outsourcing. I've heard the line of cr-p, "state farm family", more times in January and February than the last five years. What a joke... — read more 

Super Bowl

Hope all the Executives and their spouses enjoyed the luxurious private suite at the super bowl and the week long party you enjoyed. I couldn't enjoy the game because I was working on my resume since you laid me off. I would have been more... — read more 

Bonus

Does anyone know if we would still get the EIP bonus if we quit before we get the bonus? I know some companies do because you worked during that time but wasnt sure if State Farm does?

So record growth again....

Funny SF is having record growth again and ahead of last years pace....that lets me know that agency is now in charge of SF. They think they are going to "grow" their way out of this enormous loss problem. U/W losses combined with net worth loss... — read more 

Security analyst input - F & A all hands meeting

I busted out laughing when Fawhad said "we are not looking at any more blah blah at this time" I forgot what he called it, but transformation, or migration, or layoffs.... My point, I'm part of the team creating new alias for those rebadge... — read more 

More to come for ET

Don't believe Forkwad (not his real VP name) when he says there are no more transformations planned for ET. The latest plan to outsource ET employees was called a "migration".....so not a transformation. The next round of layoff will be called... — read more 

by
| 3200 views | | 9 replies (last February 11, 2023)
Post ID: @OP+1l1CNsxV

Leader speaks out.

It makes me sick to think what the ET department has become and the rest of the company. I'm not impacted, but I know many who are. Hard working, smart individuals who have skills that are needed in other parts of the ET, but Executives made sure... — read more 

Speculation......

Today Congress voted to bring all the politicians back inside. Covid days are over. What's that mean? All those overpaid employees sitting at home taking care of their kids, balancing their checkbook, cleaning dishes etc MAY get their notice to... — read more 

It happened

Looks like they finally realized it’s impossible to make cuts in claims. The cushy jobs aren’t gonna be so nice anymore ;)

Now State Farm Marketing Dept Faces Layoffs...

On Thursday, 1/26, the Marketing Dept learned in a group Teams call that there will be layoffs in February. The numbers and details are foggy as they say the "assessments" of each employee in Marketing will first have to be performed/logged with HR... — read more 

by
| 4062 views | | 7 replies (last January 31, 2023)
Post ID: @OP+1kVaduS9

Secrets revealved - 1

I no longer feel obligated to keep silent on things I'm told to keep my mouth shut. SF executives broke their promise and trust when the decided to out sources my friends in ET. Here is something to chew on for all you technical analyst and... — read more 

Don't believe N-p Sword

Dip sword may dress in his black and red flannel to deliver his message to the masses like he is simple down home good old boy, but don't believe that. He is a cut throat shrewd business man. Did you know he cries at "leadership" meetings, but it... — read more 

by
| 3060 views | | 8 replies (last February 1, 2023)
Post ID: @OP+1kUeZ6mH

There is life after The Farm

This month would have marked my 16th anniversary at State Farm if I would have stayed. I did not stay. I left 5 years ago at the height of the ET shakeup when The Farm unceremoniously booted long term employees in an effort to get them off the books... — read more 

by
| 2410 views | | 4 replies (last January 30, 2023)
Post ID: @OP+1kUFdOlO

WARN Notices

Arizona https://www.azjobconnection.gov/search/warn_lookups/682 186 employees affected Illinois https://www.illinoisworknet.com/warnlayoffsearch 451 employees affected Layoff date March 31, 2023 None posted for Texas or Georgia (yet?). — read more 

by
| 3310 views | | 8 replies (last January 31, 2023)
Post ID: @OP+1kUbwSzU

Start a new thread - post a news comment, question or message:

: