Blue shield of CA fired 375 people. Any other insurance companies having massive layoffs?

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What a toxic place…so glad I’m not there anymore. Incompetent leadership at the helm was the start of their downfall. It’s unfortunate that people’s livelihoods are affected by the mass layoffs now.

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Glad I’m not the only one who feels the same way. I’m really over being gaslit into thinking we’re gods gift to earth for selling what should be a human right.

funny

It’s time to become independent and work for yourself! Earn your worth in the insurance field. So many limitations to with being a captive insurance agent. Money and job security are examples of this!

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Kemper

It’s a poorly kept secret they pay well under market value.

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Oh wow how come they did that?

Oh wow that’s crazy

Very sorry to hear that. None that I’m aware of but it’s indicative of the broader market/economic outlook.

With the current trend of increases in interest rates there’s no cheap money anymore, the market is hardening and many companies are probably examining what they need to do to come out of this recession stronger.

I saw them coming from a mile away. For now I was not one of them but I have been sprucing up my resume to look for greener pastures.

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My brokerage firm let go of 30% in 15 days

Yikes. Sweet Jesus.

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Wow! What a day! What type of company starts layoffs right before the holidays? Lost my job this morning and I am stressed out. Is there any chance of finding a new job before the holidays? I'm doubting it.

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