• ABC7 Bay Area 24/7 live stream
    Watch Now
  • Get the new ABC7 Bay Area mobile app today!
    Full Story
  • Watch ABC7 newscasts on demand
    Full Story
  • How safe is your neighborhood? Check out Bay Area safety tracker
    Full Story

WATCH LIVE

San FranciscoEast BaySouth BayPeninsulaNorth Bay
EDIT
Log In
WatchApps
Local News
San FranciscoEast BaySouth BayPeninsulaNorth Bay
Categories
TrafficBuilding A Better Bay Area - Take Action7 On Your SideI-TeamEquity ReportABC7 Original VideosFeel Good Stories
WeatherDroneView7 VideosSports & Dubs On 7Technology & BusinessUS & WorldHealth and CoronavirusCalifornia
Station Info
About ABC7 Bay AreaABC7 Newsteam Bios#ABC7Now: Connect with ABC7Take Action in Your CommunityABC7 Jobs & InternshipsContests, Promotions, & Rules
shows
ABC7 Live NewscastsABC7 Midday LiveABC7 SpecialsLocalishWith Authority PodcastTV Listings
Bay Area Life; Sundays at 6:30 p.m. on ABC7
Follow Us:
Welcome,
Your Account
Log Out

Large insurance company to lay off 1,800 workers

kgo
By ABC7

Officials say the cuts will take effect in 2012 and expect the layoffs to save the company $150 million per year in employee costs.

Officials would not say which facilities or counties would see the biggest staff cutbacks.

The fund currently employs 7,300 employees statewide.

It's the first time the organization has announced layoffs since the great depression.

Copyright © 2023 KGO-TV. All Rights Reserved.
TOP STORIES
South Bay animal shelter has 900+ pets in urgent need for homes
SF Chinatown stabbing suspect recently released on parole: records
TN woman who disappeared found in NorCal; boyfriend arrested
VIDEO: Car flies airborne off back of tow truck in Georgia crash
StubHub sells Taylor Swift tickets it doesn't have. Can they do that?
Leaders in AI warn of potential risks against humanity
Shakeup in Bob Lee murder trial: Suspect has a new attorney
Show More
2 dead, cars submerged after crash in San Mateo County: CHP
Ex-NJ Gov. Christie plans to launch presidential campaign next week
Warriors GM Bob Myers to step down
Man arrested with weapons after allegedly seen at CA theater armed
BART details budget challenges and efforts to boost local ridership
More TOP STORIES News
ABC7 San Francisco
  • Home
  • AccuWeather
  • Traffic
  • Local News
      San FranciscoEast BaySouth BayPeninsulaNorth Bay
  • Categories
      WatchAppsBuilding A Better Bay Area - Take Action7 On Your SideI-TeamEquity ReportABC7 Original VideosFeel Good Stories
  • Station Info
      About ABC7 Bay AreaABC7 Newsteam Bios#ABC7Now: Connect with ABC7Take Action in Your CommunityABC7 Jobs & InternshipsContests, Promotions, & Rules
  • Shows
      ABC7 Live NewscastsABC7 Midday LiveABC7 SpecialsLocalishWith Authority PodcastTV Listings
  • Apps
ABC7 San Francisco
Follow Us:
HomeWeatherTrafficWatchPhotosApps
San FranciscoEast BaySouth BayPeninsulaNorth Bay
Building A Better Bay Area - Take Action7 On Your SideI-TeamEquity ReportABC7 Original VideosFeel Good Stories
About ABC7 Bay AreaABC7 Newsteam Bios#ABC7Now: Connect with ABC7Take Action in Your CommunityABC7 Jobs & InternshipsContests, Promotions, & Rules
  • Privacy Policy
  • Do Not Sell My Personal Information
  • Children's Privacy Policy
  • Your US State Privacy Rights
  • Terms of Use
  • Interest-Based Ads
  • Public Inspection File
  • FCC Applications
Privacy PolicyDo Not Sell My Personal InformationChildren's Privacy PolicyYour US State Privacy Rights
Terms of UseInterest-Based AdsPublic Inspection FileFCC Applications
Copyright © 2023 ABC, Inc., KGO-TV San Francisco. All Rights Reserved.