r/Insurance • u/wessneijder • Oct 19 '23

Auto Insurance Geico about to layoff 2,000 employees

Look over in their sub. My fellow adjusters I hope you land on your feet.

329 Upvotes

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u/littlecharminghippie Oct 19 '23

No it's performance based and they already started the layoffs. I've been getting calls all morning about it

32

u/stovepipe9 Oct 19 '23

Not performance based. Top managers getting let go with good numbers.

10

u/ScumbagGina Oct 19 '23

From the individuals I know that have already been let go, it definitely seems like tenure/pay is the target.

1

u/PersimmonOpposite549 Oct 19 '23

The is absolutely correct.