Farmers Insurance to lay off 2,400 workers across its entire business

Farmers Insurance to lay off 2,400 workers across its entire business

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California-based Farmers Insurance said Monday it is laying off 11% of its workforce — or 2,400 employees — in a bid to restructure itself for long-term growth. The jobs being cut are from across all areas of the company, according to a statement on its website. “Given the existing conditions of…

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