Topics regarding layoffs at Allstate Corp.

Topics regarding layoffs at Allstate Corp.

Allstate on the acquisition market?

A couple of late week reports state Allstate may soon be acquired by a company currently outside the industry to shore up their insurance side in relation to their investment side. Business Morning and Hot Stock both reporting this potential. Target... — read more 

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| 2620 views | | 8 replies (last February 20, 2023)
Post ID: @OP+1ledvgRD

As we continue to bleed out staff

It’s funny. Upper management is trying to be so nicey nicey right now. All the happy wishes and positive “thank yous” and trying, to show an interest in the personal lives of the people. Don’t go there ! It’s so plastic and fake. Most can see right... — read more 

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| 1990 views | | 9 replies (last February 19, 2023)
Post ID: @OP+1ldtA41K

What happened with RMBC layoffs

I'm in ASIC and we were rebadged to the vendor or sent to benefits. However, I was curious on RMBC's fate. No one told us anything in our dept

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| 1413 views | | 1 reply (February 15, 2023)
Post ID: @OP+1lbr2OFC

Different ways they try to get rid of people

Although my personal experience is not like that, I fully believe all those who say that their managers are doing everything in their power to get rid of them. Apart from the usual bad atmosphere in the company, which actually forces everyone... — read more 

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| 1680 views | | 4 replies (last February 20, 2023)
Post ID: @OP+1lbF6sxK

Before you bash Wilson.

Just think how you would feel if someone talked about your dad or uncle the way people bash Wilson

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| 1240 views | | 5 replies (last February 17, 2023)
Post ID: @OP+1la0vWgA

How is this legal!?!

I am a front line adjuster and there are processors sending correspondence to customers and contractors using my signature. Wtf!? Seems like an attorney would have a field day with that! Mind you these people are not licensed

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| 1650 views | | 4 replies (last February 22, 2023)
Post ID: @OP+1lazaR39

Before 2020 allstate was a great place to work

Don't get me wrong. Working from home isn't bad. However, now that upper management sees that most of the jobs can be done remotely they are going to outsource everything and send all the jobs to vendors in other countries. Allstate no longer cares... — read more 

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| 2240 views | | 8 replies (last February 19, 2023)
Post ID: @OP+1l8wcBf4

Wilson does treat people with respect.

As much as people talk about the negatives about Allstate, nobody can point to even 1 real example of him not treating people with respect.

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| 1303 views | | 3 replies (last February 13, 2023)
Post ID: @OP+1l7eHA28

People need to vote with their wallets

This transformation will continue until it has a negative effect on the bottom line "if it has a negative effect" I for one am not pleased when a large corporation makes me speak to an overseas representative. The language barrier is intolerable, the... — read more 

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| 1160 views | | 1 reply (February 10, 2023)
Post ID: @OP+1l692WHa

Cheap=vulnerable

Sending customer facing work to India will only lead to poor customer service, legal and controllable risks. Expect savings up front that will then expose how poor these decisions are long term. Clearly those in power now have little to no long term... — read more 

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| 1390 views | | 2 replies (last February 9, 2023)
Post ID: @OP+1l5p2ZdN

Allstate currently is a dumpster fire!

Allstate currently is all over the place! They increase rated by over 25% on average and in many cases over 45% and expect customer to stay with the company. They are hiring 3rd party vendor employees to be in customer service and the give them the... — read more 

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| 1980 views | | 5 replies (last February 8, 2023)
Post ID: @OP+1l491Vd6

Really makes you scratch your head

Morale is at an all time low. Production is way down, yet no one points to the fact that we have priced ourselves out of the market entirely, taking 25% rates here and there while competition takes 10-15%. I love Allstate as a company, love the... — read more 

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| 1273 views | | 4 replies (last February 11, 2023)
Post ID: @OP+1l44cEcx

BTE

Curve was set to BTE this year as a power play …. make employees feel appreciated with a higher rating but then blame earning for lack of an increase.

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| 2060 views | | 8 replies (last February 20, 2023)
Post ID: @OP+1l4aPdJH

Dinner and Drinks with Wilson

If you could have dinner and drinks at a 5 star Chicago steakhouse, and then go to a scotch bar after to discuss your career, would anyone here really turn that opportunity down!? I think the answer is NO

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| 1280 views | | 8 replies (last February 5, 2023)
Post ID: @OP+1l0CJbcA

Morale losses about even with fiscal losses

Both completely in the toilet. And they expect 100% effort and smiles on faces. Allstate brass are as delusional as they are stupid. Give them what they give you. A no, a middle finger, and about 40% effort. You'll feel much better and less stressed. — read more 

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| 1320 views | | 2 replies (last February 6, 2023)
Post ID: @OP+1l0bORjS

Nepotism at its finest

Learning from a colleague that someone who bragged on social media about storming the capital was just promoted to a manager position. WOW Good luck to that team.

Who would have ever thought

That things were so much better with the diasater that was Glenn Shapiro. Mario Rizzo is actually many times worse as unbelievable as it is to fathom. We would have better leadership and vision from peat moss than we do right now.

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| 1320 views | | 5 replies (last February 3, 2023)
Post ID: @OP+1kZiShkw

NatGen

Any word if NatGen will have any RIFs?

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| 1430 views | | 4 replies (last February 3, 2023)
Post ID: @OP+1kZQXJKs

Allstate got out of paying severence

The real winners were the employees in RMBC that were laid off. I'm in ASIC and am being transferred to the vendor. I am starting my job search now

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| 1382 views | | 5 replies (last February 5, 2023)
Post ID: @OP+1kZRLbcz

$310 Million LOSS for Q4

Skip tomorrow’s meeting where Tommy and Mario spin the losses. Tommy’s script is already published with the filings. Allstate also LOST money for the entire year of 2022.

Fight for your rights! You DO have a choice!

I have a meeting set up with HR regarding this ridiculous forcing to vendors. On initial conversation things with the vendor are not what we were led to believe and it seems we were not told everything about options and our employee rights... — read more 

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| 1650 views | | 9 replies (last February 3, 2023)
Post ID: @OP+1kYTs0gQ

Any new info...?

Does anyone know what areas are being eliminated, outsourced, or reduced? I've seen posts about RMBC, ASIC, claims, but haven't seen much about other areas.

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| 1460 views | | 6 replies (last February 3, 2023)
Post ID: @OP+1kYwje4b

Claims posts on LinkedIn

I have noticed a recent upsurge in LinkedIn posts touting courses completed, continuing education. These are fluffy courses about planning your day or office conflicts. The Allstate posters are ECs or QA people. Are there rumblings about layoffs in... — read more 

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| 1410 views | | 6 replies (last February 11, 2023)
Post ID: @OP+1kYYkQg8

What's your feelings on ASIC/RMBC announcements?

Personally I think nothing was done by RMBC senior leadership to even try to keep those impacted (no surprises there with who "leads" there). At the same time ASIC did everything to try and sc--w us out of severance. They masked it as saving our jobs... — read more 

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| 2060 views | | 9 replies (last February 3, 2023)
Post ID: @OP+1kXdde7I

asic and rmbc announcements this coming week?

word is asic and rmbc leaders had meetings last week about the fates of the departments and that announcements of department layoffs and vendor transfers are coming early this week. can anyone confirm this? anyone have meetings yet scheduled for... — read more 

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| 1740 views | | 4 replies (last January 31, 2023)
Post ID: @OP+1kVV8E5j

Stock buyout

Forbes online on Saturday had an entry saying AState will be announcing a stock buyout at approx 75/share which means they want to eliminate stockholders to allow the company to be more easily sold............DUMP YOUR STOCK QUICK!!

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| 1740 views | | 7 replies (last February 4, 2023)
Post ID: @OP+1kVJVQj8

Sale coming

News outlets in the Illinois area are stating Allstate is in "aggressive" talks with another insurer to sell their book of business by YE of 2023 if not sooner.......Geico, Progressive, any guesses which one is soon to own Allstate?

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| 2880 views | | 11 replies (last February 3, 2023)
Post ID: @OP+1kUAmIby

Tommy sells his stock

On September 21st Tommy Boy sold 104 THOUSAND shares and on December he sold 37 THOUSAND shares he’s ready to jump with his golden parachute 🪂

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| 1490 views | | 4 replies (last January 27, 2023)
Post ID: @OP+1kSPq5q6

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