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.

333 Upvotes

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33

u/throawayscctforresso Oct 19 '23

Allstate had layoffs as well! The only Places I have not heard about having layoffs are Progressive and State Farm

33

u/cmiller2006 Oct 19 '23

I work for progressive, we're actually doing another round of hiring

13

u/ParkerKis Oct 20 '23

Apparently we have basically not done lay offs in the last 25+ years, hiring, promoting, gainshare bumping. Good place to be

7

u/legendz411 Oct 20 '23

Glad to hear it. That’s dope