AUGUST 26, 2023 — UNSPECIFIED LAYOFFS
Employees are reporting major layoffs with affected individuals appearing to have come from a range of departments, including marketing, customer support, the special investigations unit, and IT. No details from the company yet.
OCTOBER 10, 2022 — 70 LAYOFFS IN MACON, GEORGIA
The company has announced that it will reduce its Macon, Georgia staff by 1%, or about 70 employees.
A company statement noted, "Like most large companies, we continue to review and adjust our staffing to respond to changing customer and business priorities. In areas where we have to reorganize based on changing business needs, we will offer associates positions in other departments when possible. We care about our associates and work hard with them to find other opportunities while adapting to current business realities.”
“Approximately one percent of GEICO’s associate population in Macon has been affected, and the company will provide severance benefits and outplacement services if associates are displaced by these business changes."
AUGUST 9, 2022 — Original post
Chevy Chase, Maryland-based GEICO (Government Employees Insurance Company), the second largest auto insurance company in the United States, has announced the closure of all 38 California offices with a mass layoff of hundreds of employees.
The decision appears driven by the automation of the traditional practice of selling insurance through telephone agents in the state. California residents will still be able to access GEICO's insurance products and customer service using online options using a computer or a mobile device.
According to a company spokesperson, “We continue to write policies in California, and we remain available through our direct channels for the more than 2.18 million California customers presently insured with us.”
Published reports in the financial media question if there is more to the decision such as reducing the company's California insurance portfolio due to excessive claims or declinging state business as Californian's curtail driving due to COVID or high gas prices.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?