layoffs News
Leadership Tips: How to Conduct a Layoff the Right Way
Social media sites are filled with examples of layoffs gone wrong, displaying snippets of emails and other messaging to announce workforce cuts posted by some of the ...
Remote Workers Often First to Get Laid Off Despite Legal Risk
Remote workers are more likely to be laid off or miss out on promotion opportunities than their peers who work in the office or in hybrid environments, potentially exposing employers to costly ...
Employers Want to Fire Workers Without Getting Shamed on TikTok
Videos of disastrous layoffs accumulating on TikTok are prompting companies to seek help in delivering the bad news.
More people are ...
Liberty Mutual to Eliminate 250 Positions
Liberty Mutual has confirmed it is eliminating about 250 positions, or 0.5 percent of its global workforce, as it continues implementing new organizational structures within U.S. Retail Markets and ...
Artificial Intelligence Not Main Cause of Recent Insurance Layoffs: AM Best
AM Best does not believe artificial intelligence is the main cause of recent insurance industry layoffs. In commentary released today, the credit rating agency wrote that "it is too soon to cite AI ...
InsurTech Hippo Lays Off 20% of Employees
InsurTech Hippo Holdings said it has "initiated an organizational realignment" by laying off about 120 employees, or 20 percent of its workforce.
Boston-based global insurer Liberty Mutual has confirmed that it is laying off about 850 workers, or 2 percent of its workforce, in the U.S.
Liberty Mutual Announces 850 Additional Layoffs
GEICO Lays Off 6% of Workforce; Will Require More In-Office Time
In a letter to employees, GEICO president and chief executive officer Todd Combs said the Berkshire Hathaway company is laying off 2,000 associates, or about 6 percent of the workforce. "This will ...
American Family Insurance Confirms Staff Reductions
American Family has confirmed recent reports of layoffs, saying that it is "working to increase efficiency and manage costs" across its five insurance companies. The insurer did not provide specifics ...