United Fire layoffs, on the record
Every job cut, severance charge and restructuring United Fire reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 852 to 877.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 852 | 2023 |
| 10-K for 2024 | 877 | 2024 |
Job cuts, severance and restructuring
Our summaryThe company ran an early retirement plan (ERP) that included a reduction in force, and it offered severance benefits under the ERP.
Word for word“A partial plan curtailment was triggered during the period due to the reduction in active lives resulting from the ERP reduction in force, providing the benefit shown in the table for the Net Periodic Benefit Cost below.” 10-K for 2023
Our summaryThe company offered an early retirement plan, and employees who accepted it are counted in the 2023 voluntary turnover rate.
Word for word“* The 2023 voluntary turnover rate includes employees who accepted the Company's early retirement plan offering.” 10-K for 2023
Our summaryThe company ran an early retirement plan offering (ERP) that included a reduction in force, and it offered severance benefits with it.
Word for word“The expense of the severance benefits offered with the ERP largely offset the benefit of the liability released with the change in time off policy in the financial statements.” 10-K for 2024
United Fire has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from United Fire’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.