Thread regarding State Farm Insurance layoffs

I worked onsite as a Solution Architect (consultant) for 6 years. What I said back then was “Bloomington/Normal residents and generations of children will suffer due to the politicians not matching other states bidding prices” Amazing, one year later jobs started moving to Texas, Arizona, Atlanta, etc.

I’m not sure if state farm owns the land and corporate buildings. Dumb if they do and will be impossible to get someone to purchase that large of a complex. Maybe each building can be leased or sold incrementally but again who will move their business to IL.

This is laughable. I posted for lots of those IT jobs, back in the day, but they wanted cheap, external labor. It really is that simple.

As far as you drawing some connection between layoffs being an executive response to employees wanting cheaper premiums... I'm not sure what to say. I personally haven't had sf insurance for 4 years. Most of my coworkers don't carry it.

And that's not why they're laying off employees. But you stay delusional if it works for you.

Why is the OP conflating the need for lower premiums with the needs of employees? Is he/she under the impression that all employees have State Farm insurance? Or that employees make up a significant percentage of SF policy-holders?

Because if that's the case, SF will be insolvent by the end of the year.

These are two different issues. Totally unrelated. I promise you that the executives made ZERO changes to their policy premiums (nor would they) for the sake of EMPLOYEES.

The entire argument is fallacious.

The lowering of premiums would be a market decision based on price-point-competitiveness within the industry as a whole.

Furthermore, I never turned down ANY work that was ever offered to me. So it's not like I was the reason we had to hire a bunch of externals.

Most of those externals came from CDE, when the business suddenly decided that it didn't value its internals and was going to ignore pretty much everything we told them. CDE in itself was a multi-billion dollar waste of money.

So how about YOU (OP) be reflective before allowing this nonsense to leak out of your brain into your typing fingers.

Wow... we're suffering from a rash of really lame OPs. Nice work taking up space on the main page with nonsense.

How did you know our names?

I don't do any of those things b/c my auto and fire policies are through Progressive and Liberty Mutual. We don't even get discounts, so there's no real benefit in remaining loyal to a company that is doing everything it can to make it clear that they care nothing about their workforce.

SF has known for ages that their premiums are too high to remain competitive..... the one saving grace they had was the quality of service and the longstanding goodwill they've had with their key consumer base: older customers who appreciate the old insurance model and value quality and reliability of service above all else. They didn't mind paying the extra if they knew it meant warm, friendly, convenient, familiar service.

Well, guess what??? A lot of that consumer base?? They're dying. And the ones who are still alive are outright appalled and disgusted with the currently abhorrent state of customer service and claim handling.

SF has to trim and retool to figure out how to rebound and stay in the game. The majority of the current insurance consumer base could care less about agency, or about being able to speak with a live human being, 24/7, 365. InsurTech, here we come...... or else, the Farm will be a laughable footnote in history within the next decade.

Let me guess... it was some of your stellar leadership that nosed the whole thing into the ground.

Well done Euclid, you paradigm’d it right down the drain. A legally mandated product at that. You people would screw up respiration if it didn’t happen naturally.