‘Yet their prices keep going up’: Geico lays off 2,000 workers. So does Liberty Mutual. Why?
'They are losing so much money' In a reflective TikTok video that has attracted nearly 300,000 views, Matthew Layson (@matthewlayson) sheds light on the recent streak of layoffs in the insurance industry. His detailed analysis, titled “#geico #libertymutual #layoffs #insurance,” begins with some startling statistics: “So, Geico laid off about 6% of their workforce, 2,000…