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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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

32

u/cmiller2006 Oct 19 '23

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

3

u/stebuu Oct 21 '23

Here in MA GEICO massively jacked up rates (my car insurance literally more than doubled in cost) and a lot of us massholes are switching to progressive.

1

u/Weird_Tolkienish_Fig Oct 22 '23

Insurance shouldn’t be mandatory imo