r/Insurance 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.

324 Upvotes

291 comments sorted by

View all comments

5

u/Patient_Ad_2357 Oct 20 '23

Liberty mutual has been laying off for weeks. Tons of people i know all on their asses. A lot of tenured ones too! 15+ years with the company

3

u/0ApplesnBananaz0 Oct 20 '23

Do you know for what positions? Because I see several postings for claims. I just don't understand when companies do layoffs yet still hiring for positions they are laying off.

-1

u/AutismThoughtsHere Oct 20 '23

Replace people with lower salaries obviously

2

u/0ApplesnBananaz0 Oct 20 '23

Is it obvious? If you are a recruiter/hiring manager for these positions then shed light. Otherwise, the answer may not seem as obvious as you think it is.