By: Diane Benjamin
It’s not hard to find someone at State Farm willing to talk. The employees have no idea whether they will have a job tomorrow, 3 months from now, or 6 months from now. I’m told 2018 is going to be worse for downsizing than 2017 was.
Keep your eyes on this site: https://www.thelayoff.com/state-farm
Employees can say there what they perceive happening. Upper management isn’t being transparent, but then as a private company they don’t have to be. The employees are left to try to piece together what they think is going to happen.
Don’t expect any Pantagraph reporting!
State Farm is the second largest investor in Lee Enterprises – the Pantagraph parent company. Yesterday the LEE stock price was down to $2.35. http://www.nasdaq.com/symbol/lee/institutional-holdings