Farmers laying off around 2,400 as part of reorg for ‘long-term sustainable profitability’
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Farmers laying off around 2,400 as part of reorg for ‘long-term sustainable profitability’

Shelby Rosenberg
August 28, 2023
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Farmers has cut around 2,400 employees, or approximately 11% of its workforce, across all lines of business, the carrier announced on Monday.

These measures are intended to create a more efficient organization, and they follow a thorough evaluation and reduction of operational expenses across Farmers, the announcement noted.

“Given

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NewsOperations/techFarmers Insurance
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Shelby Rosenberg
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