Topics regarding layoffs at Nationwide (Insurance and Financial Services)

Topics regarding layoffs at Nationwide (Insurance and Financial Services)

More layoffs coming

Read an article yesterday that NW is planning a big layoff starting next month impacting Pet, P&C, and Innovation. The company use to be a great place to work and often saw people there 20+ years. Now feel like a target.

More Layoffs

Around 13 people in Training department for Commercial Lines let go a couple weeks ago. Has anyone heard of they were givin 60 day notice or of any severance packages. More cuts are coming I am sure.

NATIONWIDE LAYOFFS

These are happening. Typically 60 day notice given. Layoffs don't seem to make sense - experienced employees often with high performance ratings being let go. Seems those who were with Allied are protected regardless of their abilities.

Nationwide cuts

Anyone hear any more info on possible Nationwide Layoffs? They are most likely finished looking at "Co-Sourcing", aka. off Shore hiring and then slashing the workforce. The company lost millions last year. Cuts are coming, you can feel it.

Personal Lines RIFs?

Is anyone getting weird vibes that PL adjuster layoffs are coming? They said this round would not affect us but I’m getting a creeping feeling that some people will be getting a 60 day notice in a few weeks.

Death Knell Rung

Whoever said there would be layoffs in P and C in two months, you were just about right. Email from Berven this morning said outsourcing is coming (he calls it co-sourcing!!) and 60 days more and we’ll know what/where/who. Move over Geico and... — read more 

Lying about best places to work

Nationwide boasts its rankings as a top 5 place to work. Don't believe it. Continual layoffs and the company seems to be poor in their financial results. Only response to poor financial results is to layoff claims people and hire more VPs.

I'm confused

Does Nationwide often hire people for one thing and then put them in a completely different role within days? This just happened to me and I don't know what to think. This is not what I interviewed for and this is definitely not the job I accepted... — read more 

Best Decision

I walked away(more like sprinted) in 2021 and there was no looking back. The environment completely changed slowly but surely during my time with Nationwide and it became very toxic. No one.....and I mean no one was TRULY happy on my team and that... — read more 

Any News About Raises?

Bonuses were big this year (for NW). Does anybody hear any rumors about the raises coming up? A hint was dropped in a meeting that pay adjustments may be coming, but I never know whether to trust that. If anyone has a little foreknowledge, please... — read more 

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| 2406 views | | 5 replies (last February 24, 2022)
Post ID: @OP+1f5MLs4Z

This is not new behavior

I used to work for Nationwide for 12 years. Left the company due to the fact they always said they want to prop more from within but they turned around and went outside the company. They became a very toxic company back in 2012 and it became very... — read more 

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| 2516 views | | 3 replies (last February 1, 2022)
Post ID: @OP+1eXy9u7q

Pay Increases?

Heard that HR is looking to do pay increases to keep competitive with other companies since there seems to be a mass exodus to other carriers. Has anyone else heard anything?

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| 2524 views | | 8 replies (last December 17, 2021)
Post ID: @OP+1e7YtxdE

Yes-man culture

I've noticed lately that excelling at your job is no longer a guarantee you'll advance your career here. Knowing to nod your head whenever anybody from the management says something is the required quality these days. Pity, since I used to enjoy... — read more 

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| 2176 views | | 2 replies (last January 21, 2022)
Post ID: @OP+1e5MrI3o

Severance

Have there been any changes made to the severance package lately (as in the last 12 months)? I'm considering leaving but with the talk of impending layoffs, I might decide to stay a bit longer for a chance at severance - provided it hasn't been cut... — read more 

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| 2317 views | | 1 reply (November 28, 2021)
Post ID: @OP+1e07B4xU

Layoffs at Nationwide

I think we're due for more layoffs sometime soon. I'm worried it could happen before the end of the year. Let me make it clear that I haven't heard anything concrete. This is just a feeling based on my nearly 12 years of working here. There is always... — read more 

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| 2567 views | | 6 replies (last November 24, 2021)
Post ID: @OP+1dIxknT3

The Madness Is The Method?

Curious if anyone has ever seen a company deliberately sabotage a working business model as a way of purging customers and/or employees. Maybe we need to have a discussion of the fact that there are many ways to get rid of employees and layoffs are... — read more 

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| 2362 views | | no replies yet
Post ID: @OP+1c5Sf9fA

Nobody is safe

I keep trying to explain to some of my coworkers that nobody is safe here and their years with the company are not the advantage they think they are, but there's no reasoning with some people. Some of our oldest and most experienced employees were... — read more 

Union?

Are there union rumors true? I hope so, something has to be done to allow down management's abuse.

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| 1717 views | | no replies yet
Post ID: @OP+1a5SP9uU

Automation

People are afraid of automation because it takes their jobs. I wonder how many jobs will be affected by automation at Nationwide in the near future?

Put your health first

I will say that by not taking and by not making the time to cope and deal with anxiety or other issues it snow-balled for me. I am now medicated because of it. I am taking it one day at a time. I thought that I was fine but I knew different. I will... — read more 

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| 2257 views | | 1 reply (March 3, 2021)
Post ID: @OP+19DqrX1G

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