Farmers Insurance says it will lay off 11% of its workforce about 2,400 employees as part of a corporate restructuring aimed at increasing its efficiency and long-term profitability
ByThe Associated Press
August 28, 2023, 4:30 PM

FILE – The logo for the Farmers Insurance Group is seen on the North Course during the first round of the Farmers Insurance Open golf tournament, Jan. 26, 2012, in San Diego. Farmers Insurance will lay off 11% of its workforce or about 2,400 employees as part of restructuring efforts, the company announced Monday, Aug. 28, 2023. (AP Photo/Gregory Bull, File)
The Associated Press
NEW YORK — Farmers Insurance said Monday it will lay off 11% of its workforce about 2,400 employees as p…
Read the full article at: https://abcnews.go.com/Business/wireStory/farmers-insurance-cutting-2400-jobs-bid-ensure-long-102629115