Topics regarding layoffs at Allstate Corp.

Topics regarding layoffs at Allstate Corp.

Got $10 Walmart gift cards for "holiday bonus"

LMAO!!! What a joke! We told our leader just to keep them and that it was an insult and to let the DM's know that we feel that way. At least the jelly of the month club that Clark Griswald got was a lot more value than this. This company really... — read more 

PTO Protected

Did anyone else here the amount of PTO protected hours will depend on the state you live in? For example we were told CA, NJ & NY will get 80 hours PTO Protected hours but TX and FL will only get 16 hours. So depending on what state you live in you... — read more 

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| 1760 views | | 6 replies (last December 21, 2023)
Post ID: @OP+1qajL5jR

Time study

We were alerted today that the industrial engineering team will be conducting a time study. How soon until my role is let go?

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| 1800 views | | 8 replies (last December 20, 2023)
Post ID: @OP+1q9a6feD

Quiet Cutting

As we head into the holidays, it’s important to know that not only will there be a new round of layoffs in Q1 (which won’t be the last in 2024), the reorg is being used for quiet cutting - making people’s lives and working conditions do terrible that... — read more 

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| 2590 views | | 8 replies (last December 28, 2023)
Post ID: @OP+1q7btaSB

Allstate culture is toxic and poisonous

The culture of Allstate is so toxic and poisonous due to the trail of egomaniac and co--y cretins that have held leadership and management roles in this company. So many years of senior and mid level leaders so far out of their league that it has... — read more 

Does anyone actually respect Tom Wilson

Serious question. I do not know of one person working for this company at any level that actually has serious respect for this man. In fact most employees I know see him as a complete laughing stock and clown.

Insincere gratitude

Sadly, due to the brainwashing that took hold back in the 90’s, this company of long standing buffoons in management are clueless on how to express gratitude. They drone on and on about how thankful they are, but fail to express exactly “what” they... — read more 

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| 1750 views | | 8 replies (last December 24, 2023)
Post ID: @OP+1pYzjwb7

What areas are most prone to layoffs?

My current role is seemingly safe in Product with our area's A-S-C involvement but I am looking to move to an area where layoffs may be more likely in the next 12 months. I want to walk away with severance if possible. Been with the company long... — read more 

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| 2460 views | | 5 replies (last December 9, 2023)
Post ID: @OP+1pWj69XK

Thousands of workers all from Vendors

There are so many FNOL workers from South Africa and Mexico now. So disappointing that our American low level jobs had to be shipped out and the American workers that remained received no share of the profits. Only the executives have profited. The... — read more 

Some insurers make money

Take Progressive for instance. They turned a profit. Employees are not treated like kings, but not treated like garbage either. And there’s a bonus that EVERYONE gets! So Allstate is a joke, losing money. It’s a ruined company.

We shouldn't even bother

So many folks bust their tails to achieve something at Allstate and for what? To get treated like expendable pawns, walked all over, and eventually tossed aside like yesterday's trash. This place has lost its way. It's stuck in this perpetual... — read more 

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| 2320 views | | 8 replies (last November 23, 2023)
Post ID: @OP+1pHyimOG

Trian hedge fund holdings

The 13-F filing by Trian shows they hold 3.6 million shares as of 9/30/23. This represents 1.3% of Allstate shares outstanding, so a rather modest position at this time. Note they've also taken a 1.8% stake in Disney, using about 40% of their... — read more 

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| 1940 views | | 3 replies (last November 20, 2023)
Post ID: @OP+1pB2SJB4

Happy Holidays

Cheryl B sends her holiday wishes in the form of a 60 day notice to a group of Claims employees this week. Have fun with those conversations around the Thanksgiving table…

ALL stock

Looks like ALL stock is doing well again. Maybe the ship sent a SOS and now has been able to stop the ship from sinking???

78 Lawsuits Allegr Allstate 'Slipped In' Policy Changes

https://www.pandcspecialist.com/c/4318134/559724/lawsuits_allege_allstate_slipped_policy_changes?referrer_module=issueHeadline&module_order=1 Unfortunately behind a pay wall for most but the gist is in Texas lawyers are suing Allstate for changing... — read more 

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| 2290 views | | 7 replies (last November 20, 2023)
Post ID: @OP+1pzDga8W

Someone has drunk the Kool Aid…

https://www-cio-com.cdn.ampproject.org/c/s/www.cio.com/article/656205/allstates-cloud-first-approach-to-digital-transformation-pays-off.html/amp/ What utter nonsense.

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| 1960 views | | 3 replies (last November 10, 2023)
Post ID: @OP+1pv78ap5

How is the job search going?

Those of you who are (relatively) freshly laid off or those of you who know folks like that, how is your/their job search going? I've been hearing horror stories about the job market in our field lately, and I'm wondering if they're true or is it... — read more 

ASC

Affordable, Simple, Connected. What exactly is ASC and how does it include the agent? If it does...connected means what? "ASC is hot garbage very outdated and NOT what our customers want."

Is the ship still sinking?

Off course! The torpedo has hit mid-stern. Throw excess weight overboard (companies, employees, agents). Did Trian already influenced the first sale of a company? Look! Revenue is up! Don’t look at the loses. Doing the same things over and over... — read more 

Anyone from AZ

They got two facilities here they already closed chandler i have a feeling they will close the otherzk

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| 1051 views | | 2 replies (last November 3, 2023)
Post ID: @OP+1ppxWDEN

Wow, the bar is set low…

Allstate Insurance under the leadership of Tommy Wilson had another quarterly loss and all the “butt sniffers” are acing like Allstate set a new corporate record for earnings. Retention under the Allstate brand continues to struggle. That is a “win”... — read more 

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| 1690 views | | 3 replies (last November 3, 2023)
Post ID: @OP+1pouRZoi

Earnings beat!

$0.81 act/vs. $0.48 est. Up in after hours trading.

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| 1520 views | | 5 replies (last November 2, 2023)
Post ID: @OP+1pnv4nm8

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