Out of little ole Mayfield Village, Ohio a group of actual operational experts are breaking the industry trend. Progressive, with their clear strategy and generationally talented CEO, are posting phenomenal results. Key differences between PGR and... — read more 

SO much bad news. What is the mood, in liability claims, in casualty, in property, in underwriting, among producers? Does it feel like a morgue? Cuz I can’t believe anyone is upbeat right now… Is there a rush for the doors?

Founded in 2005, Trian Fund Management, L.P. (“Trian”) is a multi-billion dollar investment management firm with approximately 50 employees. Trian is a highly engaged shareowner that combines concentrated public equity ownership with operational... — read more 

I am placing the Allstate quarterly loss at 750 million. Are you over or under?

How transparent and open to discussing the reductions in force has Allstate been? Its bad for those impacted and hard for those still at the company. Isn’t transparency a key behavior performance item? Isn’t it a key culture component? — read more 

Who else thinks our PTO bidding wars are ridiculous?

Shutting down new business across the country is sending smoke signals that they are in trouble. Wilson and his goons are the weakest links and need to go. They are hemorrhaging cash and surplus. Major hedge funds are the saving grace

Curious to know how the RIF is being carried out compared to the 2020 brutality of the huge cuts during the unprecedented global pandemic and record P&C profits. I saw many who were cut during that time or left voluntarily went on to find higher... — read more 

Typically when these hedge fund investors get involved with companies not only does it mean in a lot of cases that the end of a company is within a few years but also they tend to have a lot of benefits cut or changed for quick off the top expense... — read more 

No one leaving here

Our management is monitoring this site, let's send them a message: Please upvote using arrows up or down. Would having a new CEO help us get better and more stable? Do we need a new CEO. Upvote (arrow up) if you agree that we should get a new... — read more 

Hi all! Is there a known deadline for choosing COBRA and the end date of our current benefits?

Just remember that hedge funds make money when a stock goes up or if they short it and they go down. Trian might not be looking to turn the ship around but ride the titanic into the iceburg

It will be interesting to see if there is a different tone or any signs of a change in direction in November or if it is the same old full steam ahead on TG and “we are executing well.”

Tommy is finally going to have the nightmares that he has given to everyone else. He himself is now solidly in the crosshairs as is everyone that surround him. That is why they have now hired a ton of lawyers to advise them how to deal with this. ... — read more 

Undisclosed stake right now but almost surely leads to the board making changes, if not moving on from Tom

What is driving this madness in the entire industry?

Marketing and ANI (ATSC) took a hit. Claims and Legal took a hit (mostly mid leadership). Who else? One of the posts below predicted this to the month earlier this summer. It also predicts another round in Q1 2024. Any intel on that? Also - anyone... — read more 

Looking to confirm layoffs at NatGen?? Anyone have confirmation? What depts??

No layoffs here we are hiring more over here

As the leaders shift claims work types to “other areas”, notice how it’s never said WHERE those other areas are, or WHO is going to be doing the work? It’s all a big secret until you find out on the street. They say “Auto” will do this or... — read more 

I keep seeing this and it makes me so angry. All they do is waste our time. That's the last thing I need when I'm already so stressed over layoffs.

“American business needs to do more to help and protect the American worker for all of their hard work.” Tom Wilson American national TV 2018

Claims is hiring! Why didn’t they move people into claims?

Flood of emails in this morning about "organisational changes", 4 meetings for this afternoon, no mention of who the layoffs affected (other than senior leaders). But it'll be grand, "thanks for your flexibility" we're just continuing to "redefine... — read more 

Tommy “the hair” Wilson may hold the record. His leadership has now been involved in the destruction of two iconic American corporations….. How many folks can list that on a resume??? What a guy!!

Discuss here, who got canned?

The fact that Avail is still around and being fully funded by the mothership is a testament to Tom Wilson’s complete failure. Hundreds of millions of dollars down the drain when it was known the concept was not viable a few years ago. Allstate is... — read more 

“It has been a bumpy ride but we have performed well”. Act 2

Retention continues to plummet which is why the incompetents are searching for another underperforming bad investment to add their customer count to Allstates atrocious numbers…but the cash reserves may not be there to allow it…… As all companies in... — read more 

Other areas as well but those look to be taking the brunt. Good vibes and thoughts to all.

If you were laid off don’t be so glum. Yes it su-ks, but also this is your opportunity to go make some better money and get a nice pay raise elsewhere. AllState is a soulless wasteland anyway. Why the he-l would you want to give them your time and... — read more 

Expect to see layoffs across the US, Ireland, and India. Allstate has made a switch over the past few years to move roles to India which is it's cheapest labor force and now they are laying those folks off. Big cuts are coming in the US across all... — read more 

I woke up in the middle of the night because I couldn't stop stressing over this. Something tells me I'm not alone in this.

For those wondering the US layoffs have begun. Got my 60 day notice today. Long tenure and just gone like that. Sounds like many more coming at lower levels. Flattening the org means making managers maybe finally earn their wage.

ANI job losses hitting the local... — read more 

Large scale layoffs in progress this week across AORs and teams in Claims, Distribution, Services, ATS and Finance, for example, AMCS Allstate Management Consulting Services was eliminated... sad, and ultimately this is always a failure of... — read more