State Farm said it plans to reduce information technology jobs in Bloomington by nearly 900 positions.
The company said the move is part of a realignment of its information technology areas from three departments into one. By the end of the realignment, State Farm will see an overall reduction of about 500 jobs companywide. Some IT jobs will move to the company's hubs in Phoenix, Dallas, and Atlanta.
State Farm said the overall workforce in Bloomington will remain around 15,000 employees, with people from other departments moving to Bloomington to make up for the loss of IT jobs.
“I am very disappointed to hear about the job cuts planned by State Farm at its headquarters here in Bloomington. Obviously hundreds of local families depend upon those jobs and will be facing uncertainty,” said State Representative Dan Brady (R-Normal). “The expected addition of several hundred new positions at State Farm’s local claims division is a positive though, and it is my hope that many of the laid-off workers can take advantage of these new positions or others within the company. I am ready to work with State Farm and local employees in any way I can help.”
Affected employees may be able to upskill to other positions, apply for other jobs within the company, or relocate to other State Farm locations. Some employees may also choose to retire or pursue other job opportunities, the company said in a release. Some employees may be eligible for severance benefits.
"Just like any business, we must continually look for ways to evolve towards the future and serve our customers in a more efficient way. Reviewing and adjusting our processes, departments and facilities helps position the company and its employees for the future and remain strong for State Farm policyholders," said the company in a statement.