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Farmers Insurance lays off 2,400 employees across its business

Por: WPTV Nation August 29, 2023

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Farmers Insurance is laying off 11% of its workforce — or about 2,400 workers — across all lines of its business.The California-based company said it is restructuring to be better positioned for long-term profitability. Given the existing conditions of the insurance industry and the impact they are having on our business, we need to take decisive actions today to better position Farmers for future success, said Raul Vargas, President and... + full article



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