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Farmers Group

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business2 years ago

Backlash as Farmers Insurance CEO Reverses Remote Work Policy

Employees at Farmers Group are reportedly threatening to quit or unionize after the company's new CEO backtracked on its remote work policy. The CEO announced last month that most employees would be required to work in the office three days a week starting in September. Many employees expressed frustration and anger about the change, with some saying they were hired with the promise that remote work would be allowed moving forward. The policy change will impact roughly 60% of the company's employees.

via Business Insider|
#business#ceo-decision#employee-backlash
business2 years ago

CEO Sparks Employee Outrage by Ending Remote Work Policy

The CEO of Farmers Group, Raul Vargas, has faced a backlash from employees after reversing the company's permanent remote work policy. Many employees had made significant lifestyle decisions based on the assumption that coming into the office would remain voluntary. Vargas believes in-office work is important for collaboration, creativity, and innovation. Around 60% of the company's 22,000-strong US workforce will be affected, and workers have been given three months to make necessary changes before the new policy goes into effect in September.

via The Daily Beast|
#backlash#business#ceo