Thread regarding Allstate Corp. layoffs

Part 2 of "Transformative Growth: The Great Allstate " is underway

TW's slurfest this morning shows that the next part of Transformative Growth is now well underway.

It started with 2020's mass layoffs in which thousands (many more than the BS 3800 number reported) were let go with severance and extended benefits were paid out. Assessments had no influence on those selected as higher paid and long tenured employees were already targeted and the assessments were a legal smokescreen to avoid age and other discrimination litigation.

Now is the "overwork and demoralize" portion of Transformative Growth. This will impact areas in which a gradual transition to overseas and India is planned such as claims and tech. This portion purposely sets employees up to fail. These areas are given all the extra work from the prior layoffs and required performance metrics and goals applied accordingly. It is known that most employees will never be able to meet these new metrics even to keep their job. Therefor they can gradually eliminate these employees based on performance over time without having to pony up severance and letting them battle their state specific unemployment for such a release (some states consider performance releases behavioral issues and consider this term for cause meaning the same as a behavioral term and denial of unemployment, other states will pay unemployment for performance dismissals).

Unlike 2020's layoffs these performance dismissals can be done over a wider time within even the same teams and departments and in line with how the work is gradually being transitioned to India. As India goes live with the work U.S. employees will be slowly lopped off under the guise of unacceptable performance and no severance.

As roles transition overseas further in the coming months then another RIF will take place with the remaining hard working people in the departments let go much like 2020 and severance paid out to those people. In short the company will let the weakest employees go without severance destinying them to Wal-Mart and McDonald careers while later providing severance relief to higher quality employees who will continue their careers eventually in a professional role elsewhere or back into the Allstate fold (This will be very few of you).

Areas most likely impacted are claims, tech, customer service, underwriting, and billing/accounting, and unlicensed customer service.

Phase 3 of Transformative Growth set for starting in 2022 is the start of the eventual elimination of the exclusive agency channel which will impact agency facing sales and service roles in the new zones and all agency support areas as a whole.

This is known information that you will not hear until implemented.

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| 3941 views | | 11 replies (last January 24, 2021) | Reply
Post ID: @OP+18ZQaq2e

11 replies (most recent on top)

The OP doesn’t know sh–. Makes it up as he goes. We can all write the exact way - but we don’t because we are TRANSPARENT- something TW and GS are not

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Post ID: @5wuu+18ZQaq2e

thanks OP, for the tip off. I’m not sure how they’ll continue to be a successful insurance company if they continue to treat employees this way... then no one will want to work for this organization.

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Post ID: @1kjk+18ZQaq2e

IMHO, Direct agents will work out of their basements. Will be paid new business commission but zero renewals. No incentive to grow just an incentive to produce. Once that takes hold, "Transformative GROWTH" is over. More and more the aspects of how an insurance company 'runs' will be shifted to the service and claims departments and agencies will die on the vine due to attrition. Once the client learns how to buy insurance on the internet, our current business model is kaput. Seems like the plan since TW wrecked Sears.

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Post ID: @1eqj+18ZQaq2e

Transformative growth

So for every company I’ve seen = mass layoffs

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Post ID: @1enx+18ZQaq2e

Tom Wilson makes Mr. Potter look like a saint

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Post ID: @1wge+18ZQaq2e

I couldn’t have said that any better. You hit it right on the nose my friend.

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Post ID: @1mpk+18ZQaq2e

I love how the only questions TW & Co answered were preselected, so they had time to prepare answers and rehearse. Really goes to show the genuineness of it all.

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Post ID: @bih+18ZQaq2e

I was on a virtual town Hall call before the coronavirus, January of 2019 and can confirm at that time they said they eventually want the integrated service center to replace agents with servicing customers and agents to just sell so I find it believable after the virus they want to eliminate them altogether

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Post ID: @lnl+18ZQaq2e

Tech is already barebones in usa. You are an imbecile

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Post ID: @xnv+18ZQaq2e

I 100% agree with everything you said. You sound like your in upper management! Thanks for the heads up

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Post ID: @yze+18ZQaq2e

Whoever wrote this is in the know, by the way it is written and the specific details. Look out. This is a horrible way to conduct a business strategy and gut your workers. They are human beings. The most absolute shame against Allstate!

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Post ID: @yph+18ZQaq2e

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