Thread regarding Allstate Corp. layoffs

Sorry to burst your bubble

With this announcement, I would expect the estimated layoff percentage in this round to be bounced up considerably which is probably the reason for the delay in moving with it. Why wait to consider consolidation in the current layoffs.
Lay-off 25-35 percent of currently branded and higher paid Allstate employees. You can back fill any of the lower paid National General employees in where needed....
It now all makes sense and it is worse than originally projected.
This is why none of the “official” communication has included actual numbers. This shoe needed to drop first....

Now the real “cost cutting” begins...

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| 2653 views | | 4 replies (last July 8, 2020) | Reply
Post ID: @OP+15Q2ARav

4 replies (most recent on top)

Because they’re running a a BUSINESS. They have shareholders. The $4b wasn’t going to employees.

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Post ID: @rjy+15Q2ARav

The announcement that Allstate just Spent $4 Billion to acquire National General Insurance yesterday in the midst of projected layoffs of its own employees. $4 Billion are you kidding me. I have worked hard for 18 years for this company working 50-60 hrs a week to keep up with the work load, not taking lunches, taking on TDY projects along with mentoring employees throughout the years. We get dragged across the coals with no “transparency” what so ever. I Had gotten information on the assessment from this site the day before we were given the info as employees from our fearless executives. This is disgraceful, as a higher income employee, I fear that I may be on the chopping block as well as many other hard working dedicated employees who have Bled Blue all these years for Allstate. Its difficult to start over when you have so many years with one company. You have families to take care of, expenses and trying to find a job in the current job market will be a challenge to say the least. It’s a shame that we have gotten to this point in corporate America. God Bless everyone who is impacted as well as the ones who stay on as the workload demands will surely increase and your income will not be in line with the amount of work that is asked of you.

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Post ID: @wnv+15Q2ARav

Exactly right. We are taking assessments to compete for our jobs. Why would Allstate spend 4 billion dollars while laying off their own!

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Post ID: @uvk+15Q2ARav

Which announcement? We haven’t really heard anything since the Tom Wilson townhall two weeks ago.

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Post ID: @kpr+15Q2ARav

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