Wall Street not impressed with the TG progress. And they are committing to another 3 point reduction in expense ratio over next 3 years. That can't be good on the jobs front.
17 replies (most recent on top)
Higher loss costs are ridiculous when India runs the show on total losses.
If they haven’t laid off all the lawyers would never have gotten this bad
@4lqr+1dEFWgnT I'm the pinball wizard ;)
@2qew+1dEFWgnT… you must be deaf & blind.
@2uae+1dEFWgnT you ain't very bright
@2imq+1dEFWgnT…. You must be a Tom Wilson supporter & a compete hypocrite. If you don’t like what I post, then don’t read it. I will call it like a see it. Tom is the worse CEO in Allstate history. He is running this once great company into the ground just like he did with Sears. Shipping thousands of jobs overseas, laying off thousands during a global pandemic. Not to mention he is over paid and also a non American Scumbag. Many good CEOs took huge pay cuts & not any bonus to save their employees for a layoff! Not our drunk POS Tom Wilson. He actually gave himself a huge raise, bonus & stock option bonus. While thousands of Allstaters got fired. Now they are attempting to rehire back with less pay! What a complete greedy Scumbag move. You can keep defending him & keep drinking the TW kool aid. Hopefully your position does not get shipped to Pune. Best of luck
@2hee+1dEFWgnT nobody cares how you see it not do we need the editorializing.
It's an accepted fact Allstate leadership sucks, seeing your same comment on every thread just makes employees of Allstate look just as bad, with a sizeable helping of immaturity
@1bfy+1dEFWgnT… just calling it like I see it. Our CEO was drunk in many town hall meeting. He was slurring like a sailor & as red faced as a tomato…. Glenn has a confirmed track record of butchering 2 prior company’s before he butchered Allstate. Maybe you should get your eyes & ears checked. If you can’t handle the truth, then go back to CNN……
@1vzf+1dEFWgnT they aren't defending them (as stated in their last comment). Perhaps spend less time on nicknames and more time on reading comprehension? Or get a hobby.
@1qwt+1dEFWgnT Just calling you out for once again defending the worse CEO in Allstate history & one of the top 3 worse CEOs in this industry. Keep them knee pads on tight, your gonna need them….
@1wdt+1dEFWgnT I'm not defending them, just calling you out for being annoying, there's a difference
All stock in the red again today.
@1nib+1dEFWgnT. Keep those knee pads on. Keep listening to the fake blue news…….
@xmi+1dEFWgnT drunk CEO, check. Butcher Glen, check. Now we've gotten a third nickname. Drumpf would be proud.
Few ways to lower expense ratio would be to fire the drunk over paid CEO along with the over paid dinosaur CFO, fire the butcher Glenn also. Restructure the executive bonuses.
Need to get their sh$& together
Ship is sinking.
Offshore to lndia where you can boys. That’s what they’re doing and the insurance buying public is leaving this company fast. These boys overplayed their hand with TG.