Watch the market and watch top execs dump their stocks AFTER they officially& publicly make a cut announcement.
Allstate stock will slightly tick up, top execs will sell and MAKE millions extra for retirement.
Some already rumbling this will be bad long term and want out so will use this time to retire with much more.
They want out but will go out with a bang selling to investors that believe this could help Allstate longer term $$$$$
Allstate is doing unethical and borderline legal activity. 300 million in Stick buybacks and job cuts in pandemic & recession not be forgotten.
Just because you can do something doesn’t make it right.
Allstate India will pick up more work and save the company in payroll and benefits. Those employees receive no benefits, only meager pay.