Topics regarding layoffs at Allstate Corp.

Topics regarding layoffs at Allstate Corp.

Pension

I’m 19 years and 6 months of service....if I am one of the lay-off folks soon and have to leave before making 20 years.....will forfeit whole pension except apparently the cash portion. Lump sum lost would be over 110,000......just doesn’t seem... — read more 

So, tell me where the problem lies?

I have worked for Allstate about 30 years. We were always number 2 behind State Farm. They gave us elaborate kick-offs, company picnics, holiday parties, good benefits, pension, vacation, sick days, decent pay. We hired Tom Wilson and Glen... — read more 

Allstate PR

Allstate actually has paid employees who check all areas of social media to minimize/spin negative press and comments on Facebook, Twitter, this website etc. Only corrupt companies who’s top executives are dumping their shares and hiding their true... — read more 

Florida MCO

Any word on Florida MCO. How will they handle casualty adjuster? We are a no fault state! Can they even centralize us or reduce us??? Think how many case we handle than go into suit! Rep, Um and lit are too valuable. Any thoughts?

Enough!

Tell everyone.you know to stay away from Allstate, their products and those that support them. As a current employee I am insulted by the arrogant comments about this being basic Business or Economics. The truth is this company will do anything at... — read more 

Allstate company trolls

Does anyone think upper mgmt and executives are reading and/or writing some of these comments?

Hiring

So how can they be hiring for LDU Adjusters if they are laying off. Hiring for LDU in Charlotte. Hired new LDU Adjusters after the pandemic. This makes no sense. Confused??

Hiring

So they are hiring for LDU in Charlotte. How can they be hiring if they are going to layoff LDU Adjusters. They were hiring for LDU after the pandemic. Why would you hire and then layoff? Makes no sense!!

Layoffs explained for those on the Kool-aid

Th people saying these layoffs make sense after the Trump corporate tax breaks Allstate received and the stock buybacks are company boot licking sheep. Everyone who is a loyal, hard working active Allstate employee should be angry at how this was... — read more 

Auto Appraisal

Does anyone have any info on the amount of RIFs that will take place in the auto appraisal dept,, DOCs & field appraisal teams???

Allstate, 2020’s Enron

What they are doing right now (lay-offs in conjunction with buybacks) is one of the most egregious examples of corporate greed this country has seen since the likes of Enron and WorldCom. The executives know it, too. Which is why they don't... — read more 

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| 2610 views | | 10 replies (last July 30, 2021)
Post ID: @OP+15FR3HWJ

Every employee on Monday (6/29) should do this

Nothing from my post two weeks ago has changed (please refer to it below). The executives will talk til they are blue in the face (pun intended) about the "reasons" why layoffs are necessary: They have been surpassed by Progressive and Geico; they... — read more 

Assessment

So I was told if you get a assessment, you on the chopping block. If you don't, you are safe. They are getting rid of the MCO's. Getting rid of processors. My manager says this is what she is being told. The RCLs know already who is going. They... — read more 

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| 5820 views | | 22 replies (last July 7, 2020)
Post ID: @OP+15ERbH0p

Layoffs

Does anyone know when the first round of layoffs is actually going to happen?

Opposite of transparency

Stop saying we are being transparent at every meeting! You already know who is being cut and why (Greed). A tiny pay cut from top execs and Allstate would meet their goals. This is the worst possible and most unethical time to make job cuts. Just... — read more 

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| 2100 views | | 8 replies (last June 28, 2020)
Post ID: @OP+15EtYMmf

Where is the work going to go?

When the dust settles and the company has been down sized, is not the same amount of work going to be there with less people to do it? Just wondering if there is a plan here other than just saving money.

Career building nonsense

Good job Allstate!!! Announce mass layoffs, I mean transformative growth, then offer career building seminar and limit it to 1000 employees knowing many more would be interested in a company of 30,000+!!! Way to go!!! We are in good hands, full of... — read more 

Get out while you can

Get out while you can, I’ve never worked anywhere that truly hates their employees as much as Allstate does. Layoffs, the ridiculous “week without pay”, declining benefits, toxic fear based culture. I’ve never seen such learned helplessness and... — read more 

I'm losing all work-related motivation

All these layoffs happening all the time and the threat of being cut constantly hanging over my head have k–led any motivation I had left to do my job properly. And why would I bother to give it my all? If I'm not laid off in this round, chances are... — read more 

Boycott Allstate

Good ol’ boys CEO/COO millionaires club making billions in profit annually still plan to cut jobs during a global recession and global pandemic while people worldwide are dying and struggling. Unconscionable.

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| 1630 views | | 6 replies (last June 27, 2020)
Post ID: @OP+15E8wRRi

Exploiting cheap labor in India

Allstate has turned to paying low wages with no benefits in India, laying off more expensive employees in other countries. You’re not in good hand with rich multi-millionaires running the show, exploiting cheap foreign labor. They claim they care... — read more 

Absolutely poor leadership starting at the top

Yet another quick decision to slash expense and increase company profits. The plan of merging and growth has been on the desk for a long time. With proper planning, the company could have avoided layoffs by natural process of retirement and... — read more 

Transparency

having thoughts, feelings, or motives that are easily perceived.

Premiums continue to rise for all customers

Agents took a 1% Decrease in Renewal Commissions saving Allstate about 500M per year. 3700 Employees @ 100K per year average = 370M per year Yet, Premiums continue to rise for all customers. ALL Stock will continue to respond well in the... — read more 

Pandemic/Covid19 excuse. Shame on Allstate

Allstate has become a greedy company only caring about profit/stocks-shareholders. Our top CEO’s make millions in annual salary, with employee salaries and staff shrinking leaving employees drowning. Allstate has been exploiting/taking advantage of... — read more 

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| 1400 views | | 1 reply (June 25, 2020)
Post ID: @OP+15DLj4gK

What about NY PIP claims?

This is so stressful and depressing. I haven’t heard anything about anything about NY, specifically PIP And BI (Bodily Injury) claims. Has anyone heard anything?

You are NOT in good hands

I have been with this company for 30 years. I am too old to go somewhere else and too young to retire. Let me tell you, the company I started with doesn't even resemble the company it is now. I am actually embarrassed to work for this greed... — read more 

Announcement

Hi folks - former poster here: Field announcements included that 4 Zone HQs will replace 14 regions. Below are some upcoming announcements pertinent to Sales Distribution, Marketing, Finance Please do not ask about other departments as I do not... — read more 

Bunch of fluff!

Man this did not tell me anything. I am not feeling in good hands right now. There are no good paying jobs out there, its a pandemic. You giving customers money back, buying back stock, upper still getting their bonus. Yet, you are laying folks off... — read more 

4 Zones??

How do you think these 4 hubs will work?

Morale at an all time low

Knowing that you will Possibly be laid off doesn’t help morale. How much do your metrics even matter at this point? If they don’t lay you off now they will soon enough. For those in the layoff you get to participate in skill assessments. Assessing... — read more 

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