Thread regarding Allstate Corp. layoffs

$1.3 Billion lost in fiscal year

And we can say with straight faces that our jobs are secure and that senior leadership has a clue what they are doing?

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| 1971 views | | 10 replies (last February 5, 2023) | Reply
Post ID: @OP+1l0A7guI

10 replies (most recent on top)

The stock is up 10% due to behind the scenes corporate underhanded tactics and shenanigans. The "leadership" certainly did not make that money through regular business and premiums and they certainly did nothing to contribute to any betterment of the business to bring in more money. All smoke and mirrors and you know it.

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Post ID: @2wvq+1l0A7guI

And even after the bad quarterly results, the stack is up almost 10% YOY. . So who are the id--ts….the leadership or the grunts that keep hanging around whining about their lot in life.

Tom has been transparent….he works for the shareholder….how long til you grunts figure it

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Post ID: @1yom+1l0A7guI

Disaster. Did upper management get raises and bonuses this year? If so, I have quite a few questions.

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Post ID: @dys+1l0A7guI

Allstate continues to loss money & market share. But how is it CEO Tom Wilson & the rest of his cronies keep getting bonuses (stock & cash) and also receive large increases is salary????

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Post ID: @qco+1l0A7guI

The cheapest insurance will win out. These big box style insurance companies and their minions of millionaires are all going by the wayside. They don’t mean anything and offer nothing but what is required. Direct on line purchasing and on line claims is the wave of the future. No more human service. It will be all automated and then litigated. Give it 5 years and buh bye.

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Post ID: @jxv+1l0A7guI

In last year…Market goes down….ALL goes up. That is all that matters. When are you grunts going to learn?

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Post ID: @epx+1l0A7guI

Chump change. Look at SF results.

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Post ID: @oqv+1l0A7guI

Take a look at other top companies. All of them posted huge losses last year .

Geico posted 1.4 billion loss in first 9 months

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Post ID: @mrk+1l0A7guI

$1.416 but who’s counting 🫠

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Post ID: @ccp+1l0A7guI

The Titanic of the insurance industry. Enjoy the ride down to the sea floor!

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Post ID: @owq+1l0A7guI

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