Topics regarding layoffs at Allstate Corp.

Topics regarding layoffs at Allstate Corp.

Operation Sherman's March to the Sea

This is a plan I happend to see on a upper tier managers desk Basically it's a slow roll of employees who make too much with the company (old timers) the goal is to get them to attrition out the company by petty actions. One had gotten written up for... — read more 

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| 2490 views | | 9 replies (last September 1, 2023)
Post ID: @OP+1oh9U6v6

Deadlines for Remaining 2023 Layoffs from HR

Must be announced by 9/15/2023 for outright layoffs to allow for 60 day notice and to assure severance is paid out and taxed in 2023. Reductions that include lifting and shifting employees and roles off Allstate's employee rosters to vendors can... — read more 

Brandt scored big time

Fox Business reported earlier today that Brandt left Allstate with 7.2 million in severance, bonus’ and stock so I’m guessing he won’t be rushing to get his resume out!!!!

We Scottsdale Love Tom!

We think he's a swell ceo He gave us our jobs We all make over 20 an hour We have great bosses and mangers On our slack time we're able to conjure up make believe stories we made a sequel to the last Harry Potter book and we have a great team thank... — read more 

Climate Change blamed for incompetence

In the w3 pl meeting. Why are we wasting time blaming climate change for Hawaii? Invasive grass, power company not keeping utilities safe, and city leaders were most of the failure that caused the devastation. Why not as a company go after these... — read more 

Brandt out of Org chart before 9/30

Brandt has mysteriously disappeared from the organizational chart before his official departure of September 30th. I was looking forward to a grand goodbye with Parsons shedding tears like she did when Shapiro left.

American Job Privilege

The menial jobs of claims processors, adjusters, and agency support have been off shored and sold to vendors. Isn’t this close to hiring serf class workers ? I don’t think we are doing the proper thing for inclusive diversity by creating a caste... — read more 

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| 1320 views | | 9 replies (last September 14, 2023)
Post ID: @OP+1oeUWJgN

Official Scottsdale office being sold

When you walk at the entrance of the call center and look left they are making a sectioned off space. This will be another business other than allstate being in there The construction that is being done on the otherside will also be another business... — read more 

Esurance

Anymore talks of Esurance employees getting laid off soon?

Checking every box

Tommy is checking every box that indicates a dying business… Leadership carousel… check Reduction of credit confidence..check Needing to create positive stock movement… Check Low morale and loyalty of employees.. check Chasing... — read more 

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| 890 views | | 1 reply (August 19, 2023)
Post ID: @OP+1oa7tEFm

The only cards Wilson knows how to play

—-constantly raise rates chasing profitability —cheat to give a lying indication that customer retention is not a major issue by playing with UW procedures and undercharging those most likely to leave even though they drive up severity and... — read more 

Every one to blame for this “clusterf@@k but Tommy…

Tommy is not a captain that will do the honorable thing….he will throw everyone off the boat….because of course he is not at fault…. I give Rizzo 6 months before he wants to “ pursue other opportunities”. It’s sinking baby… in real time!!!

Eric Brandt Released

Last day is end of September. Looks like it has begun now with Claims. Transformation kicks into hyperdrive for Claims.

HE’S LEAVING!!!

Eric Brandt is leaving the company!! His last day is 9/30! Oh boy! Here we go!

The new direct insurance product

This has already failed with NatGen and other companies. It is based of products like The General and focuses on non-standard high risk, low income insureds and grossly overcharges clean driving records and middle class income households. This new... — read more 

New WARN notices in several states

Allstate had filed new WARN notices with multiple states. Typically this means a plamned possible reduction in workforce in excess of a set number.

Interest rate impact on legacy pension this year

July rates suggest a 7-8% adverse impact on lump sum pension values if employee stays beyond November 30th. This after a 19-20% reduction this year. What are you hearing from your peers or leadership? Does this create a run for the exits, or does... — read more 

Thoughts?

Allstate agreed to pay $90 million to settle a class action lawsuit by shareholders who accused the insurer of defrauding them by concealing that it lowered underwriting standards to boost... — read more 

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| 1060 views | | 4 replies (last August 18, 2023)
Post ID: @OP+1o969EQx

Customer phone calls offshored to vendor

The transformation of American adjusters not taking inbound calls is working. They handle very few inbound calls as the push to self service, the vendors and India is working as designed. It will be just a few more months before the rest of the work... — read more 

Since 2015?

https://www.reuters.com/legal/allstate-pay-90-mln-shareholder-settlement-2023-08-16/ Just going to leave this here. "Aug 16 (Reuters) - Allstate (ALL.N) agreed to pay $90 million to settle a class action lawsuit by shareholders who accused the... — read more 

Is there any legal accountability?

Is there any legal accountability on the BOD for negligence if Allstate goes under on their watch?? They have a fiduciary responsibility to shareholders …is there any penalty if they fail at that responsibility??

After 3+ Years of Transformative Growth...

What "growth" have we actually had besides increased offshore contracted labor and higher bonuses for the top 5% of this company that is peddling this tripe? Transformative Growth was implemented in summer 2020 in the middle of a global pandemic and... — read more 

PERFORMANCE REVIEWS

Why are they so he!!bent on these things. It comes up in every huddle for every little thing. Let us just do our work!

Time to get angry at the lies, posing and deception

Other then senior leadership, by the end of this wonderful “transformation” there will no longer be an American workforce…other than the greedy top of the pyramid hoping they will sow the benefits from the lives they have unemployed… They can sell... — read more 

If you're in express, prepare now.

Secret projects regarding training in India has been going on for a long time now. Recently, a trainer had told a colleague they were no longer needed in a month. Usually this time of year, no new classes come but they pick up at the beginning of... — read more 

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