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Best’s News & Research Service subscription required - August 28, 2023 03:25 PM (EDT)

Farmers CEO: Laying Off 11% of Workforce ‘Crucial’ Move for Future Sustained Profitability

Farmers Insurance, one of the largest personal lines writers in the United States, is laying off about 2,400 employees, nearly 11% of its workforce. The majority of layoffs take effect Aug. 28, . . .

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