Topics regarding layoffs at Nationwide (Insurance and Financial Services)

Topics regarding layoffs at Nationwide (Insurance and Financial Services)

Leaving DM

Was a 20+yr Nationwider, left last year and best thing I ever did. Almost all of these comments are spot on. They way things are going with that company, I really doubt they will have a presence in Des Moines much longer. Already got rid of 1200... — read more 

You get outsourced! And you get outsourced! Everybody's getting outsourced! (Not so fast VPs - you're OK)

Kirt Walker and the OCEO is outsourcing everybody. By 2030 Nationwide Insurance will only consist of AVPs and up plus some vendor relations specialists. Everything else will be outsourced. It's genius, really, but also disingenuous when they break... — read more 

by
| 1435 views | | 7 replies (last October 5)
Post ID: @OP+1tM6WlSl

Worst Company!

Nationwide is a joke! They do NOT care about their employees. All the executives want to do is line their pockets. People get promoted to positions because they are “Yes Man’s” and provide absolutely no value to the position that they are in. Once in... — read more 

NW IT Layoffs 7/25

Thurs, there was a meeting which we where told NW is going to use a "Bulid Operate Transfer" operation with several applications thru a outsourced company. They told us analysis was done on 500+ applications the company uses and determined if each... — read more 

Pennywise pound foolish

I We heard all call center jobs going to global source personal lines and commercial claims call center processing acm pl cl services etc . So sad these people are the first line employees that have raised their jd power scores . Big executives bring... — read more 

Derps getting canned

Just wanted to say I contracted at Nationwide 10+ years ago. I found the employees to be intellectually and morally lazy. Committed to practices that were outdated 10 years when I was there. Punished others for recommending improvements. Executive... — read more 

Nationwide Su-ks

Yep, its happening. Nationwide is laying off their personal lines claims services, which are US employees and outsourcing via Cosource. We have already received calls from people saying that they are getting people they can't understand. They are... — read more 

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 

by
| 2484 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 

by
| 2613 views | | 3 replies (last February 1, 2022)
Post ID: @OP+1eXy9u7q

Start a new thread - post a news comment, question or message:

: