Topics regarding layoffs at Allstate Corp.

Topics regarding layoffs at Allstate Corp.

Can anyone shed more light on today's layoffs?

Hearing that there were some announcements today in Service Delivery impacting some areas there. Any confirmation of exactly what areas and how many? Any further word on the highly rumored and speculated Claims layoffs that are making the rounds not... — read more 

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| 2220 views | | 5 replies (last September 2, 2023)
Post ID: @OP+1ooWtjYk

Layoffs coming?

There was a hush hush layoff this summer in IT but I only know about 10 people but hearing it was a lot more. Anyone have any clue? Also hearing the BIG layoff where we might have to reapply for our jobs is coming in next month or two tops. ???

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| 2030 views | | 6 replies (last September 1, 2023)
Post ID: @OP+1on5a8XF

Why did Jon Adkisson leave?

From my experience at Esurance, he was an amazing CEO with lots of diverse skills and drove results well.

Idalia: Allstate's Next Scapegoat

Considering how much the Allstate suits love to pin their failures on "catastrophes" We are looking at their pi-s poor excuse for the billions lost in 3rd quarter. The only "catastrophe" impacting Allstate is Wilson, Rizzo, Parsons, and... — read more 

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| 1570 views | | 5 replies (last September 5, 2023)
Post ID: @OP+1olcZ3vn

CONTINUOUS IMPROVEMENT

Glad I left ALL a couple years ago, but wondering if you still have "Continuous Improvement"? Judging from all the posts on this forum, it sounds like "Continuous Deterioration".

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| 1440 views | | 9 replies (last September 3, 2023)
Post ID: @OP+1ol9XZ7C

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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| 2500 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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| 1330 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 

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