IT was being hit rather hard yesterday, not sure about other areas. Does anybody know more about how many were laid off in total? Geico management likes to be secretive about layoffs (I guess they're trying to protect the reputation or something) so... — read more
Severance
Does anyone know what the servance policy is? I'm in the SD area worried I'll be laid off soon. Want to prepare for what's next. TIA
Light
Hey everyone- in less than a week I have interviews with several of our competitors. Look at the big ones on both the auto and home side, seems to be better pay options out there as well. Stay strong
It's hard to be positive in these difficult times, but...
When I start worrying that I can't afford to lose my job, especially considering the timing of these cuts is very bad right before the holiday season - I remember that it's not worth despairing, but taking control. You should not wait for them to... — read more
GEICO announces major layoffs
https://www.insurancebusinessmag.com/us/news/breaking-news/geico-announces-major-layoffs-423210.aspx
Is there any media coverage?
Anyone has a story yet?
Worried
I’m in claims and I’m worried. We have a lot of phone availability right now (granted when we become ICS it will probably drop quite a bit) and they are training new CSR folks for ICS right now, like just newly hired folks and then we become ICS... — read more
New round of IT layoffs
Approximately 350 people got laid off. Whole manager groups, none of the middle management seen it coming.
Is this one of the reasons for people losing their jobs?
Allstate and GEICO – two of America’s largest auto insurance companies – have announced they have changed the way auto repair shops deal with insurance claims through... — read more
Will layoffs continue?
What's going on with layoffs? Will there be more during the week?
How many people are affected?
I am still safe, although I heard that Cybersecurity and Marketing are affected, but I have no information how many people were cut. Any insights? Also, I wonder if there will be more?
Additional Layoffs
Well, cybersecurity is now the current department with people getting laid off. What a fantastic day at GEICO! Update: Layoffs are impacting other departments today too. Marketing has been confirmed. DevOps Core and audit are the suspected... — read more
No to Union
That's just complicating things. Unions are leaches.
RTO
They’ve been trying to gaslight us into thinking we want RTO for almost 3 years. It’s not working on anyone.
What's next?
Will there be more layoffs and closings any time soon?
GEICO closes California insurance offices, lays off hundreds
GEICO has closed all of its 38 California agent offices that sell auto and homeowners policies and other lines and has also ended the practice of selling insurance through telephone agents in the state. Read more at:... — read more
Don't panic
Layoffs at GEICO are a fluke. We're doing well and we'll continue to do well. If you're worried, that's entirely on you. If there were cuts, they were needed and I'm betting you it was the low performers who were hit. It has to happen from time to... — read more
Is it just IT?
What are the chances layoffs will hit more groups in addition to IT? I usually don't worry about layoffs all that much but this news combined with layoffs throughout the entire industry and well beyond it is changing that. Maybe I'm overthinking... — read more
Additional IT Layoffs
this was passed along anonymously Business plans are circulating and senior management has shared additional information with lower level management. Nothing but grim news for IT. Scrum teams will no longer have analysts. Every analyst will be... — read more
West Orange NJ Staff Counsel
7 attorneys and 2 support staff laid off all within an hour this morning. After we were reassured that the lay off would not happen.
GEICO staff counsel
Las Vegas staff counsel was cut in half. 5 attorneys let go. 2 secretary and office staff let go also.
Layoffs continuing?
What's going on with layoffs, any chance we'll be seeing more this week? This is the first major layoff I've witnessed since I joined GEICO a year ago so I'm probably stressing more than I should. I can't help it though. One of the reasons why I left... — read more
Preparation for sale?
I was one of the ~ 80 associates laid off. As far as know, no associates actually working as actuaries were fired, though some of the "modelers" had also taken exams. It wasn't because of telematics, or at least not in a way that makes sense... — read more
Modeling Department Layoffs
Over half of the modeling department was laid off. These are the people who make the rating models and stuff.
Claims staff working ICS now
Most claims staff are now being forced to work ICS. Have been told this will go on for several months at least. Geico also announced outsourcing some of the roles to international call centers… layoffs here we come…
Do not become a Geico agency owner
Things are going down hill in a hurry!
TCR1 to ICS what a joke!!
TCR1 going to ICS is basically a slap in the face and a demotion. They are trying to put a positive spin on it but it's a load of cr-p. Never mind that they over work us like pack mules at least the positive was that it's a set schedule M-F 8- 4:30... — read more
Claims Adjusters going Virtual, reducing Staff
Until the Covid pandemic one of the cornerstones was it’s Claims Adjustment staff. Nearly every auto claim was inspected in person by a staff adjuster. Geico prided itself on its adjuster staff as being the best in the industry. That’s all going... — read more
When's the last time you guys at GEICO had layoffs?
And if it's been as long as it seems, what's your secret? Curious Allstate guy
Rescinding job offers & blaming COVID-19
We had jobs offered to us with a promised start date. Went through their hellish hiring process and made it through. They pushed back the start date once, then decided “to hell with our promises,” and told us we’re no longer going to be working for... — read more
GEICO Plans for 2018
Do you plan to be adding more people in 2018? I guess the question is if GEICO is growing or shrinking - if you are hiring, it may be good to join GEICO as some competitors are having major layoffs lately, especially Allstate which is pretty bad for... — read more
Drone Technology
Drone technology. That one right there is going to cut claims. Already started. Saw this brewing for quite a while. In fact when they really needed to cut some redundant operating costs ... and I'm just looking at that objectively. This translates... — read more
GEICO Layoffs 2015
Is it true that we may be doing a reorg in late 2015 and possibly some layoffs after that. I also heard that this may spill into 2016. I need to make some major life decisions and it really makes me very anxious even to think that GEICO may have job... — read more