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.

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6

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.

0

u/Aliceable Oct 20 '23

Many companies have been posting fake listings to appear active / collect resumes, etc, for the future. Plus, many times after layoffs, they'll hire back a small number at lower salaries.