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Farmers insurance mass layoffs

My girlfriend works for Farmers insurance, she just informed me this morning that 11% of the company are being laid off. Luckily she wasn't effected, yet. But she lost some good friends who had been there much longer than her. My question is, does anyone know why? They are still actively hiring, the company seems to be doing fine according to her. Internal meetings she's apart of say profits are good. Does anyone know how to find out their net profits and stuff like that? If they are actually struggling I guess I understand, but if it's just greed, she might consider jumping ship.


My girlfriend works for Farmers insurance, she just informed me this morning that 11% of the company are being laid off. Luckily she wasn't effected, yet. But she lost some good friends who had been there much longer than her.

My question is, does anyone know why? They are still actively hiring, the company seems to be doing fine according to her. Internal meetings she's apart of say profits are good. Does anyone know how to find out their net profits and stuff like that? If they are actually struggling I guess I understand, but if it's just greed, she might consider jumping ship.

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