Thread regarding Allstate Corp. layoffs

Newbie here

Will layoffs be in October for sure? Or rumors are based on the usual way things are done? Are the last ones employed more likely to be first to go, or there are other criteria for layoffs? I’m just worried I’ll be out before I warm up my chair.

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| 1507 views | | 7 replies (last September 8)
Post ID: @OP+1ukkF84s

7 replies (most recent on top)

From my personal experience, the longer your tenure, the quicker you'll be out...it happened to me after 20 years.

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Post ID: @5ovr+1ukkF84s

@1qtk+1ukkF84s, I wouldn't call an IQ test as widely used as Raven's Progressive Matrices, "Tetris". There's no denying that the g factor is the single greatest predictor of success across all domains and the demand for it is only going to increase. It's probably the most objective thing they've ever used.

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Post ID: @1uda+1ukkF84s

Yes per my manager in November, then they hire back again in February, he said they do this ever year to pay the stack holder ms a big check every year

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Post ID: @1alx+1ukkF84s

Let me explain to you the cycle of life here at Allstate: The people at the top are completely out of touch with the on the ground reality here. They have no idea. But they're painted a picture that fits whatever idea they've sold to the Tom and the board by middle level a-s kissers-sorry influencers-who make absolute sure that the big boys never hear a discouraging word. They are incented financially at every level to hide that reality.

But every now and then, that reality gets up that way. Might be the stock price, might the reality that our competitors are ki-ling us as far as affordability and speed. Then you'll see the a-s kissers run for cover and the sh-t will roll down hill into someone. Usually happens about October(ish) so they can write off all that expense EOY. There was a bloodbath last year in October and we were assured that we'd 'flattened the organization' and were 'poised for growth.' And yet we've had another round of layoffs already this year.

Life at Allstate.

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Post ID: @1ofg+1ukkF84s

Darlin’ let me give ya a lesson on corporate layoff culture. Especially for the garden variety cut throat organization such as Allstate. Those chosen for layoff are based on many factors. Sure, it’s always good for the company to get rid of the old dogs, those with lots of tenure and salary but they temper it with laying off a few newbies just so they can make it seem like they are being fair. They don’t want any lawsuits whatsoever from their layoff decisions so a few newbies and a few in the middle are let go with the oldies. It’s a game and you are playing it. Good luck! I’ve seen this happen many times out of my 35 years. Glad to be retiring in December.

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Post ID: @1jlu+1ukkF84s

A handful of years ago those who played Tetris the worst were the ones let go. Not even kidding.

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Post ID: @1qtk+1ukkF84s

Wish there was a logical answer for you but Allstate’s leadership is anything but logical. That said, I wouldn’t assume it’s a first in, first out scenario.

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Post ID: @enp+1ukkF84s

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