Farmers Insurance is laying off 2,400 people. The insurer recently pulled out of doing business in Florida. What to know 📋 How to talk money 🤑 💸 to your 📩 See top companies🏆 ...

New York — California-based Farmers Insurance said Monday it is laying off 11% of its workforce — or 2,400 employees — in a bid to restructure itself for long-term growth.