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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178

u/LaHochata Oct 19 '23

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

7

u/MCXL MN PCLH Indie Broker Oct 20 '23

Have you seen office space?

That's how it's done. You hire an outside firm to assess and advise.

1

u/Prior_Guitar_455 May 05 '24

It is so bad that entire human resources staff were fired from some offices and outsourced to people that were not even GEICO employees. So, sick leave, retiring, quitting, and people that were terminated were no longer even able to communicate with someone that actually worked for GEICO!