Topics regarding layoffs at Allstate Corp.

Topics regarding layoffs at Allstate Corp.

FLORIDA

Has Allstate pulled out of Florida yet? If not, do you think they will?

Not sustainable

The decisions to continually raise the cost of a product to maintain profitability and margins is not sustainable long term. Customers will not just continue to pay higher and higher prices to buy a product UNLESS there is an incentive to the... — read more 

Scottsdale AIP office safe, corporate is moving in

For all you naysayers this AIP facility just signed a new lease and converting half of the call center into corporate. That half is under construction. Plus they wouldn't be hiring people and having a security team there if they weren't staying open... — read more 

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| 1580 views | | 5 replies (last July 25, 2023)
Post ID: @OP+1nIQFsDd

Now what? This is not a sign of stability

Allstate Corp. ALL, -1.09% announced Thursday June catastrophe losses of more than $1 billion, and said it has raised premiums on home and auto insurance “to improve profitability.” The company said catastrophe losses were estimated to be $1.01... — read more 

Question

For those who have left Allstate, how long does it take to be able to roll my 401k or of their service?

Whistleblower

Anyone have recommendations on where to report intentional bad faith claim practices? I have only been here a few years but it is evident that they are adding processes that are designed to slow claim handling down and pay less. I have been... — read more 

Auto Adjusters to start training ASPL

Our team has been removed from taking new files and tasked in revising and creating educational material for ASPL to use regarding auto adjusting. We are asked to have this done by the end of September. Not a good sign for us folks.

A fish rots from the head down

There is an old saying that a fish rots from the head down. The death spiral will not end until Leadership at the top changes.

Quality of replacements

It's completely unbelievable to me that any company would replace skilled employees with people who literally don't know what they are supposed to be doing. That is the sad reality at Allstate. What do the top dogs think they can achieve with the... — read more 

CT AUTO

Do auto techs in CT do anything anymore? I can’t get anyone to call me back including the managers and their manager? No wonder customer satisfaction is in the tank. I am an injury adjuster dealing with customer complaints all day for auto who... — read more 

Down big today

Allstate dropping big today when the market overall doing well….. Tommy, better open that company vault and expend that dwindling capital and buy some shares back……so the handlers and blue bleeders on the board can point to any rise in the stock as... — read more 

Q2

Predictions? Are we down vs our competitors?

How is this possible?

Nothing we have witnessed in the past 5-10 years indicates that there is any level of competency in senior leadership with this company. Even the first level leaders are extremely poor. How can a person get promoted into leadership when they have no... — read more 

Does anyone have faith?

While Allstate was once an industry leader in innovation is there any chance that TG will eventually succeed? The strategy seems incredibly flawed in so many areas but there again the lack of transparency leaves so much to the imagination

NatGen Layoff?

Anyone know if NatGen employees will be impacted by these 3 rounds of layoffs?

It's tough out there

Finding a job so I can quit Allstate is proving to be much harder than I expected. I don't know if this is temporary but it's certainly not confidence inducing. This feels bad now that I'm employed, I can only imagine how I'd feel if I were laid off... — read more 

ANI redundancies

Layoffs began in ANI on Wednesday with some peoples appointments scheduled next week. Strong rumours that October is going to be much worse with 12k being laid off globally and more again Q1 2024. Good luck all 😞

NE gutted

All New England employees were terminated today with a last day of next Friday….what a bloodbath today has been!!!!

Boredom

Is it normal to be utterly and completely bored at work? I've been with Allstate for a little over a year and I already hate my job more than I thought possible. How do you deal with that? I'm this close to quitting just because I can't take much... — read more 

Make it your mission…

To assist in the extraction of customers from Allstate Insurance…….. Cancel yours, convince friends and family to do the same… Use social media to advise the public of what they can expect from giving their hard earned income to Allstate…. It is the... — read more 

My entire LDU area let go today

All of zone let go. Our final day of current work is 7/12 and then we are in career workshops for 6 weeks until officially being severed. They said some of us may be moved to a WNS for working in that whatever that is instead of severance.

How about those overpaid executives???

Hopefully some of the directors, VPs and SVPs will also feel some significant hurt…… Allstate is in an endless cycle of job cuts and price increases to show any sign of profitability….. The initial signs of a dying corporation…. Cutting staff will... — read more 

It’s happening

To all the naysayers, massive RIF in LDU today, from CSLs to reps. Will have more updates as they become available

NJ

What is going to happen to NJ? It’s crazy. The work is slow, nobody knows what we do, and we feel like we’re just left out of the club.

Tom W is at the Aspen Ideas Festival this week

Sure hope he picks up some good ideas! Ironic that he and Allstate are hosting a session titled After the Office: Reinventing Where and How We Work. Reinvention certainly required here as he prematurely decimated the physical office footprint to... — read more 

Status Quo?

In 2020 the company shed staff in Dec, and prior to that cut tremendous operating costs precipitated by Covid: commercial square footage, utilities, insurance and security for physical spaces, phone lines, utilities, office supplies heck even paper :... — read more 

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| 1840 views | | 1 reply (July 6, 2023)
Post ID: @OP+1nj9U8YC

CSL moves

All CSL’s will begin transitioning to Concentrix in 2 weeks. Not a good feeling with that and my CSL thinks it means she’s gone in a month or so.

New training starts this Friday

Why are we doing some upskill training every Friday beginning this week? My CSL told us it’s to train us in other aspects of insurance but why do we need to learn how to do something besides what we’re already doing. Sounds kind of odd to me unless... — read more 

New leadership coming

Allstate is bringing in 2 of the top business minds in the world in Gates & Alcion as advisors to assist in getting Allstate back to being the premier insurance company in the world. Announcement leaked on Saturday on Business Insider Weekly website... — read more 

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