Thread regarding State Farm Insurance layoffs

So Tired

So Tired of the ineptitude of our senior management. This "change" has gone on for over six years and we are worse off than we first started. We will lose about 800K autos in 2017 year while GEICO and Progressive grows by over 2M a piece. Our rates are high (even though our net worth keeps going up), customer service is terrible, employees not valued, we have lost many of our best talent, agents are fighting their own issues, and the list goes on. I am so tired of the fear, uncertainty, the damn EOM/Lean Six Sigma, feeling like a drone, and seeing so many people who I have worked with sever, leave, or have just checked out. I hope we unionize, many will join. It can't be any worse than what is going on. Tipsord, here is your 1/1 rating, you have failed your performance management and coaching, please put your belonging into a box and quietly leave. Rand and Paul Smith, you can follow Tipsord as well. I will soon follow too as I am in the process of interviewing for greener pastures. The Farm I loved has been wiped out by incompetent leaders. Good fortunes and health to all. There are so many good people at the Farm.

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Socialpath Tipsord and his butt kissers are ignorant to a point, but very deliberate in others. With the data they have, they know customer service and employee grief are at terrible levels. They know many of our best are leaving. They know this and they either do not care or it is part of their plan. If they were just stupid, but had a moral compass, they would address these situations. They are not addressing it because it was designed. They don't give a sh_t.

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/SF Execs cannot "sell their shares" as they have none, it is a mutual company. /

If your quotes are referring to the comment in a post further down the page, my point was that they could "sell their shares" if the company went public. Just to be clear.

As to why they would want to go public, I don't know why this group of clowns would want to do anything. I'm surprised they can feed themselves or tie their shoe laces.

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The chaos and unhappiness are the plan. The design may be to use only the lowest paid employees, reduce expenses at the expense of service. SF Execs cannot "sell their shares" as they have none, it is a mutual company. That means everyone who owns a policy owns a part. Why sell when the mutual set up allows the Execs to use billions, reward themselves with millions in bonuses, and not have to answer to stockholders? SF may have put the hubs in "right to work" states intentionally to fight off unupions.

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So in systems you have a waiting game. Here in claims both Auto and Fire we have no movement on the horizon. FLL being told to wait a fee years to even think about a MG3. Salary dollars capped. And a definite strategy of letting ng the named locations play themselves down with attrition. I heard auto Xpress even rescinded job offers to FLL that's how tight the dollars are. Pc modernization coming full force at you. This place is a joke. They are using us folks just of enough to get the dang automation in place. To get the systems stuff sorted and to move in a direction that obviously has been planned for years. Boo SF for not giving a damn anymore about people.

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Fund Blue Owl a little bit and then have SF get acquired. That would be interesting. It is said that Blue Owl is attempting to tap into a $500 billion market. It will be interesting to watch Blue Owl to see where they are headed...

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Going public would work well for the executives, who could sell their shares and Golden Parachute out of here. The company itself will fail miserably as a publicly traded company.

Perhaps their end-game is being acquired.

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Sorry to get too political...but we are currently at the doorstep of a constitutional convention with full GOP control. I have no faith that unions will continue to exist except in blue states, possibly. Shareholders have already started reaping benefits with the current tax plan as we are starting to see in the news already. I am really, really curious to see if SF goes public....if that happens, it is toast as another poster said. The trend seems to be heading more toward anti-employee policies. Realllllly curious to see if SF heads down the IPO route.

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This 7 year long restructuring in Systems, which will surely go on for the rest of the decade, is the number 1 evidence that State Farm's leadership is full of bloat.

Only leaders completely ignorant of front-line operations could have orchestrated such buffoonery.

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State Farm is losing because they are penny wise and pound foolish. They have no innovation and refuse to try anything new or outside the proverbial box. State Farm has tens of billions of dollars in cash and no idea how to effectively invest the money in new technology. They prefer instead to invest in other companies (via Wall Street) that have an R&D pipeline and vision for the future. This mainly goes to show they don't believe in their own company. I got out about three years ago and now work for the fintechs and insurtechs of the world. It is night and day. State Farm is toast. They will never recover. So sad.

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You guys need a union for sure. The company is going to make your lives miserable and you have no protection at all from them. The workers have to suffer while the people who caused and continue to cause the company to spiral downward are rewarded? Only through collective action can you say NO to them.

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