By: Diane Benjamin
I received a tip a few days ago about layoffs at State Farm. Employees were blindsighted in another department, not claims. It doesn’t matter how long they have been with the company, State Farm is picking who stays and who goes by skillsets.
Retaining jobs in McLean County hasn’t been mentioned much lately. Were any local leaders concerned when State Farm created hubs around the country and transferred some jobs out? Are they worried now that State Farm is eliminating more jobs?
Maybe they should. Below is a list of just a few properties State Farm owns and pays property taxes on. Every property in the Assessors records Rivian owns under their name is included.
Obviously State Farm funds much more of local government than Rivian does. Keep in mind the State Farm list is a small part of all the properties they own. How does Rivian invest billions in the plant and keep assessed values low?
Normal could have supported Rivian better by cancelling their two deposits. Rivian is selling vehicles at a loss. Normal paid the the pre-increase price so Chris Koos could park one in his driveway.
Both State Farm and Rivian are major employers, ignoring State Farm will have consequences. Relying on Rivian is just as dangerous. Neither is a sure bet. The housing shortage just might fix itself. Local governments say let’s all be positive though!
A lot of State Farm employees won’t be.