Allstate is selling you, per earnings release. You’ll be in a better place soon!
Layoffs must be over. Annual Enrollment for Benefits starting November 20th!
A full month later than the last few years. Must mean Tommy and his Corporate Hoods are hanging up the ax for the rest of the year!
IDE
We are cutting worthwhile parts of the company that actually deal with insurance and the customers, and this department is growing with the simple goal to give people warm fuzzies.
Red Pill Blues
I feel like I’ve been red pilled at Allstate, waking up more and more. Can’t unsee certain things. Can’t put the toothpaste back in the tube. Certain catch phrases, certainly tag lines, seeming before like innocuous fluff, have taken on a whole new... — read more
AIP is expanding
Don't know what yall are talking about, Carolina Texas and arizona We're setting up new things everywhere And Jeff Evans says it's not going anywhere It support
You kept th
There are people this organization kept (HR) who never did anything. Never met a goal and are now a senior officer. This is just how it goes because some learned kissing up/networking at Allstate was more important than actually delivering results... — read more
Should the Layoff.com be added?
Seems like they must need the dough as now we see adds everywhere? Maybe there are layoffs coming there? Baaahaahaa
No cuts at aip
Hahuhhahahuh nahnahnahnahnahnah
Are cuts being made? Are folks still actively being laid off? (Including NatGen)
Just curious... Also curious if anyone has information about what departments may be hit in the possible upcoming Q124 layoff.
Allstate is a follower, not a leader
If other companies return to the office, so will Allstate. They can’t think of anything inventive or interesting to bring this ship upright. We will be going back to the office soon as a last ditch effort to try to get to profitability. As usual, too... — read more
Layoffs hitting AST
We are going to get hit pretty hard by the sounds of it. Leadership already let us know it is coming.
Just here for a severance
After 18 years I am just going through the motions for a severance. All desire and drive is gone. I quit doing extra and striving for "BTE" after the 2020 massacre. I am doing what is expected and nothing more to keep a paycheck rolling in and they... — read more
Diversity - simple virtue signaling
It may seem that this is unrelated to layoffs, but Is this diversity angle the company is pushing beyond limits actually beneficial to the company? It seems like it simple takes away from resources and efforts to truly steer the company towards... — read more
Our Contract security is changing again
I won't disclose info on where I am but we've had SOS, allied and some other company here Our current contract company is now departing Is this normal? It's always the same guards with different uniforms same cr-p so I don't see any disruption
Commuting is overrated, says the CEO of Allstate: ‘Nobody wants to drive to an office to do a Zoom call
Work from home movement is prevailing
Today's Connections meeting - let us know what's discussed
Curious to hear if Tommy acknowledges the layoffs.
Meeting with leadership
Anyone know if the meeting with leadership on 9th November is just a regular department meeting? Usually no big deal just on high alert at the moment
Fire everyone from Wells Fargo
I hope the new CEO fires suren and all his loser friends from Wells Fargo. They screwed up this company.
NatGen's Senior VP of Claims
Another one bites the dust. NatGen's Senior VP of Claims is "retiring" after 42 years of service. This place is becoming a whole &hitShow!! Someone please hurry and give me my walking papers. I've been here over 10 years and don't want to miss out on... — read more
"Affordable, Simple, Connected" is dead on arrival
I have been heavily involved in this over the past 2 years. This product concept that was obsolete 15 years ago is already failing and not within the aspect or interest of the premium paying insureds. As ASC rolls out to more states the states are... — read more
Trian in full control of Allstate as of January 2024
Expect full replacement of Wilson and other exec positions in the first half of 2024.
Applicant
I applied for a position as an adjuster. How is work here?
When is Tom’s turn?
Predictions anyone? How soon before Tom is “laid off?”
Progressive as a template - it can be done
Out of little ole Mayfield Village, Ohio a group of actual operational experts are breaking the industry trend. Progressive, with their clear strategy and generationally talented CEO, are posting phenomenal results. Key differences between PGR and... — read more
What’s the mood?
SO much bad news. What is the mood, in liability claims, in casualty, in property, in underwriting, among producers? Does it feel like a morgue? Cuz I can’t believe anyone is upbeat right now… Is there a rush for the doors?
Tommy, meet your new boss…
Founded in 2005, Trian Fund Management, L.P. (“Trian”) is a multi-billion dollar investment management firm with approximately 50 employees. Trian is a highly engaged shareowner that combines concentrated public equity ownership with operational... — read more
Over/under quarterly loss
I am placing the Allstate quarterly loss at 750 million. Are you over or under?
Transparency Levels
How transparent and open to discussing the reductions in force has Allstate been? Its bad for those impacted and hard for those still at the company. Isn’t transparency a key behavior performance item? Isn’t it a key culture component? — read more
PTO HUNGER GAMES
Who else thinks our PTO bidding wars are ridiculous?
Fallstate
Shutting down new business across the country is sending smoke signals that they are in trouble. Wilson and his goons are the weakest links and need to go. They are hemorrhaging cash and surplus. Major hedge funds are the saving grace
Are they still making people play a little puzzle game and do a personality test to see who gets cut?
Curious to know how the RIF is being carried out compared to the 2020 brutality of the huge cuts during the unprecedented global pandemic and record P&C profits. I saw many who were cut during that time or left voluntarily went on to find higher... — read more
Hedge Fund Investors mean decrease in benefits
Typically when these hedge fund investors get involved with companies not only does it mean in a lot of cases that the end of a company is within a few years but also they tend to have a lot of benefits cut or changed for quick off the top expense... — read more
Scottsdale is safe
No one leaving here
Do we need a new CEO?
Our management is monitoring this site, let's send them a message: Please upvote using arrows up or down. Would having a new CEO help us get better and more stable? Do we need a new CEO. Upvote (arrow up) if you agree that we should get a new... — read more
COBRA acceptance date?
Hi all! Is there a known deadline for choosing COBRA and the end date of our current benefits?
Hedge funds
Just remember that hedge funds make money when a stock goes up or if they short it and they go down. Trian might not be looking to turn the ship around but ride the titanic into the iceburg
November’s discussion of quarterly results
It will be interesting to see if there is a different tone or any signs of a change in direction in November or if it is the same old full steam ahead on TG and “we are executing well.”