Allstate Corp. Layoffs

Topics regarding layoffs at Allstate Corp.

60 Day Notice

What departments have received their day notice so far? Please confirm the region in which you are located.

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Post ID: @OP+15Tp3LR7

Allstate Management

It seems like the Cleveland Browns front office is running this company. It has been an ongoing debacle for a few years and the last month encapsulates it. Prove me wrong.

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Hints

I knew something was wrong when *Tom recently wore a pink sweater. He was hinting “pink slips” coming. He’s old fashioned like that. *He/Glenn also stopped letting us have cake on our office monthly birthday celebrations. *Last year when he... —  read more 

$4 billion National General acquisition

Today, Allstate acquired National General Holdings Co for the price of $4 billion in cash. This wasn't money borrowed against the stock holdings, but capital the company had in reserve. This is slightly less than the entire company net earnings last... —  read more 

Unrepped

Do you think urepped major would be affected the same as moderate or LDU? There usually much lower in head count than the other teams.

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Pathetic

If you had any faith in leadership before this played out, it should be gone now.. Scheduling meetings just to cancel them.. Can’t decide how they want this to play out... Now there is talk that the assessments may be on a legal hold. Who is... —  read more 

Help us out

Hey Allstaters please help us new esurance Allstaters with a your abbreviations so we know if we are part of these groups that may be affected

What more do you want?

Come on now. Shapiro showed you pictures of his dogs. You were able to view Toms perfect hair for as long as you have been an employee. What more do you want??

Why are people quitting?

Two coworkers quit this week. Not laid off, walked out on their own. Why would anybody do that? If you want to leave, chances are you won't have to wait for too long before being laid off - and then you leave with at least some money in your pocket!... —  read more 

FSL

Do we really need these worthless managers? They gutted agents via ABO now it’s about time they clean house.

Stock vs. policies

If you have not already done so, dump your Allstate policies... Keep your Allstate stock...It will be fun to give a NO Proxy vote when Wilson and the members of the board come up for election.....

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Post ID: @OP+15RH7WI8

Webcams

Did any other offices get a notice that Allstate would be issuing webcams to their employees while working from home? Seems pointless if they're making cuts.

Slash and burn

By acquiring competitors Allstate is actually hurting more workers. They would love a monopoly and streamline all insurance into one massive company with Glen and Tom mindset. With encompass, Esurance, whatever is going on now ETC...how many once... —  read more 

Allstate layoffs

Here is my thoughts, we have multiple company's merging into one, we have multiple "home offices" I definitely think alot of cuts will be coming from that area. Also they released the new claims tool all of the claims dept has been training on, I... —  read more 

Unrepped

Unrepped will be getting assessments and can expect huge cuts. I mean massive because ALL unrepped will be competing to stay. Take your assessments and if you stay be prepared for larger claim volume, broader role, permanent virtual work in a... —  read more 

Next shoe to drop

Drip, drip Every day brings a new shoe to drop In this continuing saga.... What will we wake up to tomorrow??

High Anxiety -

Will be happy to get the news about LDU and UNREPD in Florida. We need a break from the uncertainty. With COVID 19, civil unrest and the election campaign, this is almost too much to bare.

Consumer reports expose on pricing model

Rather than apply the new rates all at once, Allstate asked the Maryland Insurance Administration for permission to run each policy through an advanced algorithm containing dozens of variables that would adjust it in the general direction of the... —  read more 

Test refusal

How awesome would it be if no one took the test ?????

Tom Wilson

Tom Wilson should be ashamed of himself. The “Allstate way”. Yes the Allstate way is treating your employees like c-ap and laying off 8% of the workforce. Tom Wilson s—s!

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Post ID: @OP+15Q4b3WE

Please

Please let me get a low grade on these assessments....

Cancel those policies

If you have not done it yet, cancel those Allstate policies today. I know that it will just be a drop in the bucket and will not make a big difference to the company.... but if feels so good....

Allstate stock

Allstate stock just dropped below 90.00 on the news of the purchase. Tommy better pump in another 500 million to stock buybacks quick..

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Post ID: @OP+15QGRfDx

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