Thread regarding Allstate Corp. layoffs

Allstate Layoffs 2018

I needed to vent a bit as there are many rumors about layoffs in Northbrook.

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Post ID: @OP+PLN0Csn

27 replies (most recent on top)

PHOTO ESTIMATE FROM A GUY IN EGYPT . GREAT JOB ALLSUCK

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Post ID: @93xpg+PLN0Csn

NY dispatchers and adjusters are being whipped to the bone. The volume is out of control between the supps and regular inspections. NOT ENOUGH PEOPLE to do the work! Period!!

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Post ID: @6uxwx+PLN0Csn

Exactly. You made my point. You probably have no idea how long those transitions took from first conversation to wrecking ball, but it doesn’t happen quickly. Yes, the land is very valuable, and developers would love to get their hands on it, but it won’t happen piecemeal. As far as options go, I wouldn’t count on large scale downtown migration. More likely Charlotte, Dallas, and a soon to be named west coast (no, not California) location.

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Post ID: @2Kxjs+PLN0Csn

Let me check history:

South barrington office - demolished

Household office complex - demolished

Life building - empty for long time but allstate pays for heating, cooling and etc

Willow - 80% empty

Apcc - will be closed by 2019

Options

A - move remaining force to life building

B - willow

C - more space in downtown

D - remove bridge between south and north and keep portion.

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Post ID: @2Jkzt+PLN0Csn

Really ? So, they’ll heat, cool, maintain and pay taxes on that monstrosity while absorbing a duplicate cost somewhere else ? I do believe the Northbrook presence will be smaller down the road, with roles dispersed over several larger hubs, but don’t hold your breath.

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Post ID: @2Jvka+PLN0Csn

This not related to QuickFoto or Virtual Assist jobs.

HO downsize by 50% or 75% within short period.

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Post ID: @2Ieti+PLN0Csn

Relocation benefits are offered throughout the country, not just those 3 locations, based on business need. You are referencing QuickFoto or Virtual Assist jobs, but we relocate people at the company’s expense all over the country, every day for many different roles.

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Post ID: @2Ebon+PLN0Csn

Relocation package is offered in multiple areas. Three locations texas, arizona and n caroline. Package depends on your band.

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Post ID: @2Cvdn+PLN0Csn

The rest of what story ? Yes, company’s like Allstate will continue to build some offshore operations, where it makes sense. India and and Ireland are examples for Allstate, but for the most part are limited to technology and back office operations.

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Post ID: @2usmn+PLN0Csn

How about the rest of the story??? Many new hires are occurring on India and Ireland....S those jobs increase the US footprint sims down

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Post ID: @2tosw+PLN0Csn

Do you even understand the financials (book value, stock price, outstanding shares) that would make a sale/acquisition attractive to anyone ? If Allstate were a target, it was when the stalk was trading in the $30’s, not over $100.

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Post ID: @1rpro+PLN0Csn

Allstate will be acquired or tethered into a merger

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Post ID: @1pyuf+PLN0Csn

Methinks some of these are not on the clock, because they’re either not our employees, or employed at all.

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Post ID: @pmed+PLN0Csn

yawn.. get back to work people... you're on the clock.

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Post ID: @ozyg+PLN0Csn

I don’t think it’s a secret that we’re building a bigger presence in a couple of large centers. I’m sure those will include current HO roles to support those centers. If your job goes there, go with it. There’s worse places to live.

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Post ID: @olxz+PLN0Csn

Northbrook is being shopped for prop value wake up. pack your bags for Dallas or NC. This has been part of leaked strategic plan for 3+ years! or go on say I'm nuts. What color is your parachute Northbrook?

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Post ID: @ojws+PLN0Csn

I’m doubting the “no Northbrook “ postings here, although it sounds like some business units will have a reduced presence there. Given real estate/tax costs relative to NC/Texas, can you argue with it or blame them ?

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Post ID: @hknh+PLN0Csn

If they’re asking about mobility to North Carolina and/or Texas, I’d say that’s pretty transparent. Do you want them to draw you a picture ?

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Post ID: @hiej+PLN0Csn

The property is at premium in Northbrook and mk secret operations move to Dallas and NC. Yoir "transparent upper mgt" won't share maybe insider trading stipulations but it will be closed in 5 years so HO mid managers what color is parachute. The hiring screen company for G sake is asking if willing to relocate to Dallas or NC for HO jobs. There is no transparency so look out for self and do your own research.

After that Bombay and Ireland here we come (btw claims training is going o in Bombwy right now. Im sure nothing to worry about.

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Post ID: @hrya+PLN0Csn

Yes, and in today’s business environment, you either better be mobile ( the company offers relocation assistance when jobs are moved), or be prepared to have your resume on the street.......and when you get to that next company, be prepared for them to make similar business decisions. If you like the company you work for, mobility is the answer to your angst over job security.

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Post ID: @bnih+PLN0Csn

Not done. That’s just stupid talking. Smaller. That’s common sense talking.

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Post ID: @bmao+PLN0Csn

Northbrook is done. HO peeps welcome to club Allstate had been shopping that prop value for some time now with plan to relocate to Dallas. Or, listen to your managers in HO who say nothing is in works. People on this board need to research little more on strategic plan that is not shared with staff BUT with shareholders: northbrook is liability for square footage and moves will be to Dallas and NC. Ask HR u idiots what they ask ask in screening interview regarding relocation, I love the trust that workers have for exec who have stock options. WAKE UP

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Post ID: @bmul+PLN0Csn

By next summer Allstate will start hiring a few adjusters back once they realize shops aren’t going to buy into virtual and they realize the amount of supplements QFC is creating plus the delays we are having in getting field adjusters out to address initial estimates and supps.

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Post ID: @7trn+PLN0Csn

Because of idiots like you, who trade in rumors, innuendo and lies, for no constructive purpose.

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Post ID: @4caj+PLN0Csn

Hey, I heard a rumor.......

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Post ID: @1nxj+PLN0Csn

PLN0Csn-bnh, why are you such a D**k???

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Post ID: @1kuj+PLN0Csn

So, you throw out an unsubstantiated rumor, with no foundation, for the sole purpose of creating angst in other people's lives ?

Get a hobby

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Post ID: @bnh+PLN0Csn

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