Thread regarding Allstate Corp. layoffs

Why should we stay??

Even if you make the cut why would you want to stay here? I personally cannot stay and will look after seeing my peers treated like dirt in a pandemic.
The way the company has handled these “transparent “ cuts, previous cuts, terrible/low raises, impossible to meet metrics & standards, micromanagement, workloads beyond what’s reasonable, workers who make peanuts and leaders who make millions, etc etc etc......
This is a toxic high stress environment with lower wages than competitors/others in the industry. Allstate also costs more than it’s competitors AND has cheaper wages. This job stress causes so many already to be sick and unhealthy, with it only getting worse with more cuts/doing more with less AGAIN.
Why?
The difference is greed and waste at our top end. Top 3 leaders make 30 million a year, and they want to cut expenses, employees, and working class/middle class wages.

Allstate = the ugly greedy side of American capitalism Tom spoke out against.

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Post ID: @OP+15OMoIzN

8 replies (most recent on top)

Plan your exit strategy. The company has already planned their strategy to remove many employees. It is shocking that this company is using a formula to lay off employees. As a 25 year employee, past contributions don’t appear to matter unless they occurred within a two year window. A company that prides itself on writing their own estimates and not using vendors now is deciding to punt on using any type of nuanced analysis of their own workforce. What a sloppy process this has turned into.

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Post ID: @ber+15OMoIzN

I am done with Allstate as both an employee and a customer. I am not staying because I don’t like the company or what it represents.

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Post ID: @qcp+15OMoIzN

I may be text book, but being asked to take some kind of skills and personality test after over 20 years of highly performing in the job is BS. Just pick who you want to boot and do it.

Don't "hide" behind some outside vendor giving an assessment based on stuff they know nothing about, as a guise to get rid of higher paid (older) employees. Just give packages like 90% of the rest of corporate America

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Post ID: @wqf+15OMoIzN

This is textbook for most publicly traded companies. Don’t like it? Look elsewhere. It’s truly as simple as that. Regardless of whatever stage in your career you are. Why sulk in negativity day to day when you can look elsewhere and be happy.

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Post ID: @jjm+15OMoIzN

Written By Tom Wilson in New York Times, August 2019:

I heard a story about Walter Reuther, the legendary union leader, walking through a Ford Motor plant in Cleveland that was becoming mechanized. A Ford official pointed to some new machines and asked him, “How are you going to collect union dues from these guys?” Reuther thought for a moment and responded, “How are you going to get them to buy Fords?”

How will you convince them to keep Allstate Insurance?

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Post ID: @ahu+15OMoIzN

Tom Wilson—chair, president, and CEO of Allstate—explained this expanded role in a recent op-ed in the New York Times: “American businesses are sending a clear message: They need to focus on doing more than making profit.” Wilson supported this statement by writing that corporations must do more than serve shareholders. They must also invest in employees by creating better, higher paying jobs and support the communities in which they work.

That didn't last long

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Post ID: @mrn+15OMoIzN

From Last September:
Allstate CEO challenges fellow business leaders to invest in America’s workers

What a Buffoon

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Post ID: @nin+15OMoIzN

Drop allstate
Progressive is better to their employees and is cheaper
They even give them profit sharing. Tom and Glen wouldn’t share profit. Greedy SOB’s.

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Post ID: @abj+15OMoIzN

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