Insurance giant GEICO will cut 2,000 staff and mandate in-office days
Auto insurance giant GEICO will lay off 2,000 staff, or 6% of its workforce, and has issued a return to office mandate, the insurance company’s CEO Todd Combs said in a letter to employees sent this morning.
Staff affected by layoffs will be contacted today, Combs outlined in a company-wide email that was shared with Insurance Business by GEICO.