Thread regarding Allstate Corp. layoffs

Allstate now at the Corporate level is counting policies not premium - this includes the service contract they sell on ebay for 15.00 and the phone contracts for 20.00 smells like Enron. They laid off 30% of home office employees and still cant make a quarter. Their rushing to cut the distribution force now to try and off set the next quarter.

Regarding submit a tip and illegal acts - I am referring to the sarbanes oxley act or SOX. This act was put in place in response to Enron. There are several new requirements since Enron that requires more accountability and TRUE transparency. If I have time I will post more. I am pretty busy trying to cover my own tail and mobilize plan b in my life. Someone posted that people here have no business expertise and I am simply saying- yes...we do. We all have our own areas of expertise and if we listen to each other perhaps we can learn from this. I’m not always right but this law is one to read up on especially when dealing with a publicly traded company. More later.

Question about: “Submit a tip, and note that whistleblowers cannot be laid off https://pcaobus.org/Enforcement/Tips/Pages/TipsForm.“

Sincerely asking what has been illegal or cause for investigation. Tom Wilson is a smiling liar and this is generally an unethical company what would one put down as basis for a complaint?

You all realize company trolls are the ones making the comments on how great the layoffs are. Just another way to convert from the truth how many millions are they doing in buying back stock how many employees are they having to lay off to pay for that I got a great idea let’s follow the esurance business model yes the one that completely failed and lost millions of dollars every year since we bought them. Allstate continues to follow the insurance business model institutional restaurant should be aware and very afraid

Submit a tip, and note that whistleblowers cannot be laid off https://pcaobus.org/Enforcement/Tips/Pages/TipsForm.aspx

Good Lord. Every major company does this.

Let’s keep it real, as much as having to move on to a new job can be a shock, what Allstate is doing makes sense. The regional model is very expensive, and outdated, which is why these changes are being made.
Ask yourself one question, even if Wilson called off layoffs, would you really want to work for a company where you role is not needed??

This is sh–ty but it ain’t Enron.

Now you're just being ridiculous. Read up on Enron before you even make this id–tic comparison. Also, Please send your post in an email to Tom Wilson so he knows exactly where to start the layoffs. I swear, the lunacy of some people today.....

Let’s go to the press and get this trending on social media.