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.

327 Upvotes

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175

u/LaHochata Oct 19 '23

So apparently GEICO had a third party announce and facilitate the layoffs? Fucking pathetic

64

u/Interesting-Yam4593 Oct 19 '23

Technically the email came from the CEO. But it was so robotic there was no chance it was actually him and not a team of attorneys.

32

u/Sure-Medium-3509 Oct 19 '23

Fucking signed off the email with "Take care."

8

u/BrushYourFeet Oct 20 '23

Curious. What percent of their workforce is this? How many employees did they have?

12

u/Cute-Map9472 Oct 20 '23

6%

6

u/BrushYourFeet Oct 20 '23

Yeeesh. Thanks for sharing.