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Tag: retirements

Why Are Insurance Companies Laying People Off?

insurance labor market 2024

Major players like Farmers and GEICO are cutting back their workforce by 11% and 6%, respectively. What’s going on? The headlines alone might evoke a sense of dread, but a deeper look into the pressures driving the cutbacks reveals the potential for emerging opportunities.

Published November 27, 2023
Categorized as Show on Homepage Tagged AI, Baby Boomers, carrier exits, insurance company layoffs, retirements
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