GEICO is laying off 25 people at its North Liberty office, according to the Iowa Workforce Development’s WARN website. The layoffs will go into effect Dec. 18. The North Liberty office opened a little over two years... — read more
GEICO had a pre-tax underwriting loss of nearly $1.9 billion in 2022 (the uw loss comes from property & other lines, not just auto). Geico reported a $703 million underwriting profit for Q1 2023, after reporting a loss for six consecutive quarters... — read more
just curious, what do you think in light of the recent events
GEICO lets 2,000 employees go, latest insurer to make cutbacks RDN https://www.repairerdrivennews.com/2023/10/23/geico-lets-2000-employees-go-latest-insurer-to-make-cutbacks/ WA employees reportedly affected by Geico layoffs SEATTLE... — read more
If you are in Claims you should be alert - they keep evaluating Claims staffing and the execs think it's is overstaffed. They got hit hard but I think there will be more layoffs so you may want to consider your options - make sure that resume is... — read more
It's sad that this is what everyone is hearing. See I had worked for Geico and for the last two years, they let 10% from each department go every 6 months. But they have a small spike and announce it and then it's suddenly a big deal. I was let go in... — read more
A group of women decided they wanted to provide guidance and support for people that were recently laid off by... — read more
If you have any information please share
GEICO laid off hundreds of employees - about 6% of their total workforce. A "restructuring plan" is progress but we all know it's really just to cut costs. Those layoffs impacted people across different departments too. At the same time, GEICO is... — read more
Can somebody please provide more info on layoffs? I have no idea what's going on, if it's over, what was affected... There is so little info available and that's making me very nervous. Please, if you know more about what's happening, don't keep it... — read more
Positioning GEICO for the Future Fellow associates, I am reaching out to you to share an important company update and the vision for the future of GEICO. We have seen significant changes to our company over the past few years, and we have evolved our... — read more
Insurance company GEICO has undergone another tranche of layoffs, employees have reported on social media. Several members of staff at insurer GEICO have taken to LinkedIn to confirm they were part of “mass” layoffs last... — read more
Tons of layoffs including staff counsel
Country wide layoffs today all departments
GEICO and USAA should do a reality TV show together called Sh-t Show Wars since both companies have turned into giant sh-t shows by clueless, overpaid executives with sh-t for brains.
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
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
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
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
Anyone has a story yet?
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
Approximately 350 people got laid off. Whole manager groups, none of the middle management seen it coming.
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
What's going on with layoffs? Will there be more during the week?
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?
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
That's just complicating things. Unions are leaches.
They’ve been trying to gaslight us into thinking we want RTO for almost 3 years. It’s not working on anyone.
Will there be more layoffs and closings any time soon?
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
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
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
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
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.
Las Vegas staff counsel was cut in half. 5 attorneys let go. 2 secretary and office staff let go also.
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