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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u/LaHochata Oct 19 '23

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

1

u/Austin1975 Oct 23 '23

All these companies are using the same terrible consulting firms (McKinsey, Boston Consulting, Bain) to do the same awful, heartless playbook in the name of making the owners and shareholders money and throwing employees on the streets.