That's my Christmas and New Year's resolution, combined. I'm done with this place.
How is 2024 looking on layoffs?
Can we expect cuts to start already in January or later in the year?
Applause: The Current Smoke and Mirrors Scam of this Company
Applause is the big up the butt scheme nowadays at Big Blue. Allstate raking in tax dollars off the backs of their employees for future tax breaks for the fat cats at the top disguised as a "reward system". A "reward system" that they can double dip... — read more
This company is just straight liquid p-o
Everything about this company is wrong. Nothing at all is right. Every single thing about it is ugly.
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
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?
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
How big do you think Brandts compensation was?
High 6 or 7 figures. He honestly seemed like more of a regular middle class guy
Looks like Brandt has started his own consulting company
Looks like that is why he left
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
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
Is Allstate buying Progressive?
If so, it would be huge! What a clever way to claw back all the profitable customers they've poached!
Is Progressive buying Allstate?
…or is this just a sick twisted rumor?
Allstate stock up over 25 percent
Last 6 months. Great investment for those who know value vs just bi--hing about having to do work
Trian - Disney Board spots
Trian owner requests multiple Board seats from Disney. Allstate is next.
I just got out of the NatGen town hall and am seriously wondering what is up with Peter Rendall
And how does he have a seat at the top? Seriously. Does anyone have the tea? This man is the PRESIDENT of a large corporation but has zero charisma or noticeable leadership qualities. He’s always extremely stiff and uncomfortable during town halls... — read more
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
Allstate aip is still here
Nanananana hahahaa
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
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
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
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.
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
How is Avail still around
This company model makes no sense and only loses us tons of money
Anyone from AZ
They got two facilities here they already closed chandler i have a feeling they will close the otherzk
$265M investment in Next Insurance
I’m surprised there was no mention of the hefty investment Allstate made into Next Insurance during this morning’s earnings call (granted it was in the earnings... — read more
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
Earnings beat!
$0.81 act/vs. $0.48 est. Up in after hours trading.