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Geico to lay off 6 percent of workforce nationwide, internal letter confirms
The Hill ^
| 10/20/2023
| ADAM GORSKI
Posted on 10/20/2023 6:59:59 PM PDT by ChicagoConservative27
BUFFALO, N.Y. (WIVB) – Geico is cutting its total workforce by 6%, laying off roughly 2,000 of its employees as of Thursday, according to a letter from the auto insurance company’s CEO.
“This very difficult decision was not taken lightly. We recognize we’re saying goodbye to beloved colleagues and friends, and as a leadership team we are committed to supporting those affected in the days ahead,” CEO Todd Combs wrote in the letter, which was obtained by Nexstar’s WIVB.
(Excerpt) Read more at thehill.com ...
TOPICS: Business/Economy; Culture/Society; News/Current Events; Your Opinion/Questions
KEYWORDS: bidenomics; chat; geico; layoff; letter; workforce
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More Bidenomics
To: ChicagoConservative27
I hope Nationwide announces at least DOUBLE that percentage.
That company is definitely NOT “on your side”.
2
posted on
10/20/2023 7:05:45 PM PDT
by
lightman
(I am a binary Trinitarian. Deal with it!)
To: ChicagoConservative27
In addition to news of the layoffs, the letter also informed remote and hybrid employees that Geico will be requiring workers to increase their number of “in-office days.”
3
posted on
10/20/2023 7:06:33 PM PDT
by
PeterPrinciple
(Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
To: ChicagoConservative27
I had been with them for quite a while for car insurance.No accidents and no tickets for the entire time. Last July they told me my premium was going up about 40%. I dumped them.
To: lightman
That reminds me, I need to cancel my car insurance wit them.
5
posted on
10/20/2023 7:12:19 PM PDT
by
glorgau
To: ChicagoConservative27
I hope I’m not jinxing myself. But I’ve been with Erie Insurance for decades, and I don’t have a single complaint about them. So maybe they’re worth a look.
6
posted on
10/20/2023 7:13:30 PM PDT
by
Leaning Right
(The steal is real.)
To: All
7
posted on
10/20/2023 7:17:09 PM PDT
by
SteveH
To: ChicagoConservative27
That annoying lizard with the faux cockney accent will have to move back on the boulevard again, hopefully under the same rock where they found him.
To: ChicagoConservative27
Getting rid of that green lizard and going with a tranny should help their bottom line.
9
posted on
10/20/2023 7:18:05 PM PDT
by
Deaf Smith
(When a Texan takes his chances, chances will be taken that's for sure.)
To: lee martell
That annoying lizard with the faux cockney accent will have to move back on the boulevard again, hopefully under the same rock where they found him.Too bad Flo can't join him.
10
posted on
10/20/2023 7:19:02 PM PDT
by
dfwgator
(Endut! Hoch Hech!)
To: ChicagoConservative27
If they would cut their ads by 50%, they could afford to keep more people.
11
posted on
10/20/2023 7:19:19 PM PDT
by
TomGuy
To: dfwgator
Oh...Flo!!
Isn’t she rich enough yet?
As time goes on, her co works seem to get more wimpy looking.
To: TomGuy
If they would cut their ads by 50%, they could afford to keep more people.You know it!
13
posted on
10/20/2023 7:27:26 PM PDT
by
NautiNurse
(His name is Mudd. Mudd Gaetz. )
To: lee martell
14
posted on
10/20/2023 7:28:58 PM PDT
by
cabojoe
( 🇺🇸 Stop Ukie censorship. Release Gonzalo Lira)
To: cabojoe
Now, there’s a Caveman in dire need of a Mullet Trimmer.
To: lee martell
Aren’t they all faygs, anyway?
16
posted on
10/20/2023 7:36:45 PM PDT
by
dfwgator
(Endut! Hoch Hech!)
To: dfwgator
Who? Actors or Insurance Agents?
Either way, it’s a broad generalization.
To: ChicagoConservative27
"Geico to lay off 6 percent of workforce nationwide"
18
posted on
10/20/2023 7:41:45 PM PDT
by
clearcarbon
(Fraudulent elections have consequences.)
To: ChicagoConservative27
Hopefully their marketing department is part of the layoffs.
19
posted on
10/20/2023 7:44:27 PM PDT
by
BobL
(Trump gets my vote, even if I have to write him in; Millions of others will do the same)
To: ChicagoConservative27
Probably using more AI to replace low level claims adjusters or customer service.
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