Another round of layoffs today as the never ending reorganization that is Liberty Mutual lumbers forward. We are all potential targets in this multi-year transformation. Losing, without purpose, alone.
Shapiro went to Allstate and ascended to President before falling out of favor as loss ratios spiked. He may have been the golden boy to replace their Chairman/CEO but that's not happening as he "retired" in September 2023. Does Fiato have that... — read more
Post here when the layoffs start. Liberty is notorious for keeping their layoffs quiet to avoid bad publicity. We should know the departments and job levels being impacted.
With the recent layoffs, do you see things in the next 1-3 years getting better or worse? Is now the time to bail?
Does anyone think something bad is happening on Monday before the global town hall on Tuesday? Any rumors of big layoffs? Not feeling good about what might be around the corner.
I know they CAN see where everyone is pinging in from - but are they actively checking if I were to work abroad for a couple weeks?
Anyone have a more detailed view on the move?
Recently received a job offer for Claim Team Manager. Does anyone recommend working at Liberty over State Farm. Would be a 30% pay raise, but don’t want to jump from one bad situation into an even worse situation.
It seems like all of the Tigard field legal work is being slowly transferred to the Carmel office.
Does anyone know the claim volume and day to day life of a field property adjuster at LM?
Someone mentioned that there was a department meeting that was announced and speculation was whether the occasion might be some conversation about layoffs. I would love to hear the update, was there any mention of layoffs? I haven’t heard anything... — read more
One of the things I used to enjoy about this place is job security. Sadly, I don't think we have it anymore and I don't think anybody is safe from future RIFs. But I'm not sure where to look for another job? Everybody seems to be laying off. Might be... — read more
I believe the company is trying to do all it can to minimize the financial repercussions caused by the pandemic - including eventual layoffs. When you think about it, salary reductions and retirement buyouts could cushion how many will be laid off. I... — read more
Corporate Finance work being outsourced to India. Layoffs announced last week and impacted employees notified. More waves of layoffs expected through 2021. Likely similar situations throughout the organization. Is the more layoffs next year based... — read more
Am I the only one who noticed that we are losing some of our best people at a staggering rate while there is a pandemic going on and jobs are really hard to come by??? What's going on here??? It's making me paranoid, to be honest. Do they know... — read more
Liberty is laying off all underwriting assistants and supervisors. They are sending these jobs to India.
Nice parachute for long term employees w/ at leat 10 yrs w/ the company and over age 55 - 3 weeks pay/yr of service up to 30 yrs/90 weeks dropped into retiremet cash balance plan + a few other benefits extended. Right after that was announced, email... — read more
Sales goal was once 42 and this month its 123 meaning you will struggle all month just to barely make a check. Goals are ridiculous leading to mass burn out of sales staff in the DRCs. Nothing is ever good enough here
I worked here for 6 years as a sales rep. Can say through my years that the direction of the company has changed significantly. When I first started, they focused on having a "local" insurance company feel. Which most consumers like. Then they got... — read more
Layoffs at Liberty Mutual. Not sure if this will ever stop.
Liberty Mutual is a place for sub par sales reps that are happy to have a job.They depend on Liberty giving them leads and sales managers recoding polices that customer service has written into Reps names that they want to help.The only problem when... — read more
Here’s what’s allegedly happening. ✔️Life department- bought out. ✔️Local Sales offices “allegedly” closing. Bye bye! ✔️Branch managers- goodbye (“allegedly”)! Won’t need those now becauseeeee....... ✔️Bolt/captive insurance brokers here we come!!... — read more
LMB is one of Liberty’s most profitable division, as noted by the VIP payout. We are attractive to LFG because of our success, experience and high profile clients which complements LFG mid size employer book of business. I suspect front line staff... — read more
I was a senior manager in a claims office and I was directed by my manager to get rid of 2 specific team managers and 2 adjusters because they weren’t right for their jobs. I refused as metrics didn’t warrant putting any of these individuals on... — read more
Now that we know for sure Lincoln Financial will be acquiring Liberty Mutual’s Liberty Life Assurance Company, is anybody fearful that this whole "nobody will be laid off due to sale" talk is just a smokescreen? Something tells me that if we all... — read more
this was once a great company... resourceful and profitable, good for employees, those on top, and shareholders... then 2015 happened and it all went to hell... an unexpected implosion of bed decisions by leadership caused us to lose some of our best... — read more
Liberty has found a loophole on how to get rid of people that would otherwise be protected by law: impossible metrics. If you have missed your metrics ONCE (which is pretty much impossible not to have done considering how unreasonable they are) and... — read more
In May 2016 I was "released" from my position with Liberty Mutual after 14 years of dedicated service. They dissolved the local office Customer Service team and basically cut their customers off from any service assistance except for regional call... — read more
I've been working here for more than a decade, and would not recommend this dreadful company even to my worst enemy. So much pressure, and for nothing. I've survived so many reorgs that I lost count, and haven't seen anything good come of it, but a... — read more
Not being able to truly commit to change is what's keeping Liberty Mutual behind and what's causing an increasing number of layoffs. If we actually implemented in practice what we preach in theory, we'd come out on top. But nope. For example, why do... — read more
About 200 people were laid off earlier this Fall at Ironshore and LIU US. On the Ironshore side, the cuts were mostly due to redundancies - my wife was affected, she was planning to leave due to family responsibilities so it worked out for us - other... — read more
Back in March about 300 were laid off, now 600, and even more in 2018 will be laid off. This is wide and deep - from directors, managers, analysts, PMs, etc. Everything will be rosy - AGILE WILL FIX EVERYTHING! Given that the execs have no clue what... — read more