Topics regarding layoffs at Allstate Corp.

Topics regarding layoffs at Allstate Corp.

SO MANY CLAIMS REPS HAVE LEFT!

I am SHOCKED by the number of adjusters who have left Allstate. No announcements are made. Need to call a colleague on another team? First - check to see if they still work here! It seems since I started 4.5 years ago, more than half are gone, the... — read more 

No mass layoffs this year

I have no insider knowledge, but people saying layoffs would happen in July and now we are working towards mid August

Great Point Made. No One Cares!

I saw in a thread below regarding terrible morale that most Allstate employees just don't care anymore. I find this to be very true. Even in town halls and meetings with directors and division managers you can tell and it is obvious. Some division... — read more 

Customer service

The VPs want us to take care of our customers but they provide third world equipment and budgets to do so. You want to let a body shop do the job of a licensed adjuster then call an adjuster to be told something totally different per policy?!?! You... — read more 

Allstate Commission Structure

Can someone explain the new commission structure I'm a producer at an agency My agent offered 17% on new business and I still keep the 3.5 % on renewals. I have been comparing to the independent agencies which pay 15% on the front and 15% on the... — read more 

Instead of solving issues, Allstate multiplies them

Allstate is not the same company it was a few years ago. It's getting worse every year. The workplace is increasingly toxic, the burden on employees is increasing, dissatisfaction is also increasing. Problems here just keep piling up. On the... — read more 

Billion $$ Loss

Allstate posted a 1.1 Billion dollar loss in Q2 of 2022 vs 1.7 Billion dollar profit in Q2 2021. Large rate increases, more restrictive eligibility requirement and substantially reduced advertising all under way. Does not bode well for near term... — read more 

SCO SUPPORT STAFF

Offshore employees have been hired and are being trained to work support staff positions. But, the support staff is being told there will be no RIF and these positions are just to fill in where needed. Anyone know the truth here?

Someone mentioned layoffs

Someone here mentioned that the fact that Allstate is hiring does not mean that layoffs are not around the corner. I don't believe that there will be cuts soon, but this is Allstate, a mess without any logic. Any thoughts? Can we expect another... — read more 

Earnings Call

Earnings call this week. Expense cut mentions incoming?

Things are bad, but not that bad

We're getting new employees all the time. If things were as bad as some are presenting them to be, we'd have much more trouble hiring. We're currently the same as any other large company in our industry. Not worse, not better. People should realize... — read more 

How long?

How long can Wilson just keep raising prices with customers already beaten down by inflation to protect his “margins” before the house of cards comes tumbling down? As long as Allstate pays to boost the stock and has supplied decent margins... — read more 

Genuine question

For those who have left Allstate, why are you still reading and contributing to this page? I see some of you talk about how miserable you were and how glad you are to have left. Except that you haven’t totally left. You’re still attached to the... — read more 

Wall Street getting wiser to the Wilson/Shapiro BS

There has not been any significant bounce from the stock drop after the decline at the increased reserving an November…even as the overall market has recovered.. Tommy and Wilson trying what Sears tried: selling assets and property, cutting staff... — read more 

Bye Allstate

Today was my last day!!! Good riddance and may your stock continue to tumble!!! That's what you get for treating your employees like dirt, Tommy Boy!!!!!

Vendor enrollment

Just heard from a good friend (ex Allstater) who now manages an independent firm that Allstate is shopping vendors for property handling. Adjusters take notice if you have been in doubt! This is 100% confirmed!

ATSV Town Hall this Morning - Job Cuts Coming

Just had our town hall. The question of increasing salaries to keep up with inflation was raised. I laughed at this one! Suren had just said earlier how they are looking to cut costs. He danced around the issue and stated Allstate is competitive... — read more 

Allstate is very good at demoralizing employees

There are no words to describe what it was like to be continuously demoralized and criticized by my superior who probably wanted to convince me that after almost ten years of working here, I don't know how to do my job. There is no better feeling... — read more 

Anyone know when we return to office

My leader wont tell me anything. I also heard from an A band claims employee that they are letting all senior management and above go in the next 5 years

RIF

I’ve heard from someone in Tech. RIF is coming 6 months or less. Not sure what department is gonna get hit in tech or all departments. Anyone knows more ???

California

Allstate California has hit hard against its agents from the folks I’m talking to. Large 50% down payments and agents are fuming and plenty are ready to throw in the towel. Buckle up

The Sunday Scaries

Another terrible Sunday evening as we approach another horrifying Monday at this vile disgusting God awful company. The headache, nausea, and dread of what another week of He-l will be cast upon us. Waking up every hour just hoping there are still 8... — read more 

External vendor hiring to reduce costs

It is not true. Allstate doesn't reduce their costs this way. They would still have to pay that vendor. An operating expense is an operating expense regardless if they pay you or someone else does.

I want to be laid off! Please!

It is to the point where this company has become just unbearable to work for. And not so much the work volumes as those are not that bad in my area. But just the horrible and demoralizing culture and the constant threats of layoffs and being set up... — read more 

Understanding competitors

Some say that working for the main competitors is not much better and that it is best to leave this industry altogether, and some say that competitors generally offer much better conditions than Allstate. Who to trust?

It’s not only inflation…

Tommy always points the finger at everything but his and Shapiro’s failed business strategy…

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….and Reality Sets In

Trying to lower auto rates with too much overhead proves to be a disastrous recipe. Looks like Wall Street has finally caught on. Let the knee je-k management begin!

Customer Facing WSRs are coming

With the vast reduction of CCC and claims coming we have been tasked since May to create a WSR process that customers can submit through app and online. Customer Service will be more self service when the contractors replace most of many customer... — read more 

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