Thread regarding Allstate Corp. layoffs

CEO is a clown

Tom Wilson needs to go. He is responsible for running this ship straight into the ground.

by
| 1790 views | | 12 replies (last ) | Reply
Post ID: @OP+17jTyC8N

12 replies (most recent on top)

Losing market share year after year is a reason for having the highest rates and c-appy claim service. Dumping adjusters was the best thing to happen in a long time.

by
| | Reply
Post ID: @2ljq+17jTyC8N

CEO earn what they’re worth. Nice to see you here, Tommy Boy. You worthless twerp.

by
| | Reply
Post ID: @2ezq+17jTyC8N

Wilson hires B rated failed executives from other companies expecting change. Has anyone come from Geico and Progressive in the past 10 years?

by
| | Reply
Post ID: @nyy+17jTyC8N

@ski+17jTyC8N I worked with someone like that before our department was eliminated last year. She was there for over 30 years and it was always the running joke "What does L do anyway?" Even managers would scratch their heads trying to figure it out. Allstate looks to cut costs well there was a salary that could've been eliminated years ago. Shame.

by
| | Reply
Post ID: @ofp+17jTyC8N

It would be mind blowing if Wilson would tell the truth then. Claims are down, redundant staff, profits are way up, refunds given because losses are down. If profits are up, why cut staff? That makes no sense. This has been a plan for over 2 years

by
| | Reply
Post ID: @rae+17jTyC8N

It won’t be run into the ground, the analytics will replace the need for people and computers don’t have attitudes or entitlement issues

by
| | Reply
Post ID: @rao+17jTyC8N

@tts+17jTyC8N redundant staff? I'll die on that sword myself, perhaps I am redundant but I know plenty of absolutely worthless people that are still on the job and many EXCELLENT employees who were let go. One person I sat by pre wfh would regularly ask "is now not a good time?" call back when you have a moment, if I'm not available, hit 0 and one of my team will help you." I've had maybe 10 recorded statements taken for me in my time with Allstate because I do my job. I've probably done at least 20 myself for this person due to being available and living into the "one call does it all" BS, if you know who you are, kys. What about when things get back to normal? It's coming, it has to. Covid will be behind us all soon. When claims are back to pre-covid rates or higher and they start hiring again, how many CUSTOMERS are going to be affected because there are not enough trained people to handle the work load? They will be forced to hire new people who will need at least 3 months before taking claims. How much money will be lost to doi complaints, poor service from all the newbs coming in. The automated claims are an absolute joke, lat can kiss my butt, and anyhow, I'm glad to be leaving.

by
| | Reply
Post ID: @ski+17jTyC8N

This was handled poorly. Taking a kid game assessment to determine where you stand with the company. What a joke. On the bright side of things, no favoritism was shown. Ppl I expected to be safe was eliminated. I was very shocked!

by
| | Reply
Post ID: @jzq+17jTyC8N

CEOs earn what they’re worth. If he only made 100k per year, it wouldn’t make the staffing cuts any different. Keeping a billion dollar business running doesn’t happen without tough decisions and occasionally changing staffing. Companies pay to have the right person making those decisions. To compete in the insurance agency, Allstate is too bloated. This has to be done, especially with the major changes in the industry.

by
| | Reply
Post ID: @mtf+17jTyC8N

To “Running it into the ground.” Seriously? Do your research. This mass lay-off was planned well before the 12/19 mandatory arb sign or you’re fired demand.

by
| | Reply
Post ID: @hjz+17jTyC8N

Wilson made 16-million dollars in compensation last year. Approximately 250-times the annual salary of the average Allstate employee. Just watch what kind of bonus he gets for all these layoffs. Will he see a reduction in his own compensation? Not at all. Not at all.

There’s a reason there is such a visceral hatred for these big banking and pharmaceutical CEO’s and their bloated earnings. It isn’t the money.... it’s that they sacrifice their own people so that THEY gain for themselves.

He’ll probably take the money and run in the next year or two

by
| | Reply
Post ID: @lzh+17jTyC8N

Straight into the ground how? Cutting out redundant staff during a pandemic that has slowed the economy and changed the industry fundamentally?

by
| | Reply
Post ID: @tts+17jTyC8N

Post a reply

: