‘Too Much Space,’ Says State Farm CEO on Shuttering Corporate HQ

State Farm will be moving 13,000 of its 62,000 employees who now work in its Corporate Headquarters and the Illinois Operations Center in Bloomington, Ill. to another location— Corporate South—by the end of 2027.

“We simply have too much office space in Bloomington—about double what we need,” State Farm CEO Jon Farney said in a message to employees summarized in a media statement on the giant insurer’s website late last week.

“While we don’t know yet what will happen to the Illinois Operations Center or Corporate Headquarters, we will eventually pass back savings to our customers by reducing costs associated with unoccupied space,” Farney said in his message about consolidating all 13,000 Bloomington-based associates into the company’s Corporate South campus located at 3 State Farm Plaza.

State Farm indicated that its employee count in Bloomington has remained steady, and hovered around 13,000, for several years, and that insurer also has large numbers of employees at its locations in the Atlanta, Dallas, and Phoenix metro areas, while also continuing to employ thousands of people who work remotely.

Across the 62,000-plus member workforce around the country, State Farm confirmed today that hybrid and remote work arrangements will continue. “While State Farm does not expect a full-time return to the office for hybrid employees, they will be together more in the future,” the statement said.

“In Bloomington, Corporate South will accommodate all hybrid employees. Each business area determines work schedules for its employees.”

The company noted that Corporate South, which is the newest State Farm facility in Bloomington, is being renovated—with upgrades designed “to ensure a dynamic workspace.” As the renovation proceeds, the “memories and traditions” of Corporate Headquarters and the Illinois Operations Center will be preserved, the company said.

Last month, State Farm reported an underwriting gain of $1.5 billion for its property/casualty businesses in 2025, representing a turnaround from an underwriting loss of more than $6 billion in 2024—and more than $10 billion of underwriting losses in each of the two prior years. The overall return to profitability prompted State Farm to announce a $5 billion payout of dividends to policyholders.

Source: State Farm