Geico to lay off 6 percent of workforce nationwide, internal letter confirms

The Hill ^ | 10/20/2023 | ADAM GORSKI

[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.

[cabojoe]

[Woodman]

Try getting a quote through AARP. I had Geico for 20+ years. They were by far the least expensive in the beginning. Went through AARP and The Hartford and saved over $2,000/year for the same coverage YMMV.

[SaveFerris]

Heh, she may be a lot better than the idiot in the House that are handing things over to Hakeem Jeffries

[SaveFerris]

[AARP]

I’m going to have to do that

[abb]

O McDonald may have to return to farming to earn a living.

https://www.youtube.com/watch?v=5nTaIu4jBoQ

[SaveFerris]

Ha, been a long time since I saw that one!

[snippy_about_it]

Ha. I see what you did there.

[Lockbar]

Those cavemen are great...lets work a sitcom around them. Oh....wait.....

[bert]

How ‘bout Mounger Nomics of Buffet ‘Nomicc?

Charley Mounger and Warren Buffet keep a close eye on GEICO and have for many years

[Gay State Conservative]

For me last July was the first huge increase. Previous years featured small increases...nothing unexpected or shocking.

[GailA]

Wait till the bill for a tap on an EV car happens, even if you carry a decent amount of accident coverage, you’ll find insurance companies don’t want to pay for EV bills, or your homeowners if your house catches fire.

[SaveFerris]

They definitely did it wrong with that sitcom

[Lockbar]

I never saw the show...it disappeared so fast. Maybe it lives on YouTube

[Gay State Conservative]

For better or for worse I'm much closer to the grave than to the cradle. As a result I cannot be sure how much longer I'll be able to drive. And even if I'm able to drive 15 years from now there will still be normal cars available.

I'll walk before I own a fully electric car.I might be willing to drive a hybrid...a car whose battery is charged by the engine rather than with a plug.

[SaveFerris]

They tried to make it serious like single guys with an apartment, job.

Worst concept / implementation.

Bombed.

I saw a few minutes. Just awful.

Unwatchable.

[Georgia Girl 2]

I’ve been with Geico for probably 35 years and never had any problems. No tickets or accidents since 1988. But lately the premiums have crept up. I checked other prominent companies but they were no cheaper. So I called Geico and talked to them about it and I got the premium back down.

[SaveFerris]

😂😆😃🤣🤣🤣🤣

👍👍👍👍

[ronnie raygun]

HEY HOW ABOUT SOME MORE NON ENGLISH SPEAKING CUSTOMER SERVICE REPS

[ldish]

Believe they were just bought by Liberty Mutual ...means LM claims serving and payoffs are headed to the poop can like when the VP of claims at allstate went to State Farm and turned them into the crappist claim handling and payout ins company there is now .... they are real swindlers!