Thread regarding Allstate Corp. layoffs

I’ll just put this here

https://www.google.com/amp/s/simplywall.st/stocks/us/insurance/nyse-all/allstate/news/are-insiders-selling-the-allstate-corporation-nyseall-stock/amp

All of this the senior leadership are offloading the Allstate stock they have in their own company. There’s lot smart people me on this board who could comment. To me I figure they are getting fired by board or preparing to get bought out?

Watch what they do ignore what they say.

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| 1951 views | | 10 replies (last March 21, 2021) | Reply
Post ID: @OP+19Ree4yv

10 replies (most recent on top)

Ignore posts from Tommy OP combination of his drinking jet lag and fact the whole exec board is about to get fired has him grumpy.

You are dead on and the bs about puts and calls is from some managers who apparently can’t distinguish normal trading from something out of the ordinary. The management at our company is pretty worthless they sit do nothing customer facing and critique work of employees k–ling themselves to keep this sinking ship afloat. No longer. Let it sink!

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Post ID: @7oaa+19Ree4yv

Roflmao : this is Allstate “leadership”
Your leaders are scum and dirt bags but for different reasons then you list so everything is fine.

Omg what a f joke of managers we have. If you aren’t customer facing and contributing to actual bottom line shut up and be happy rest of us pond scum are k–ling ourselves so you can attend your bs meetings and check your excel sheets.

Or just stfu managers help very little in day to day operations and if let go from first line up would be months before anyone noticed. Sorry it’s true Allstate is got lot of fat in middle that could be cut and improve our numbers so shut up or go away

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Post ID: @6xig+19Ree4yv

They all just received their yearly bonus on Friday 03/12/21. You will usually see a massive leave of bonus eligible managers

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Post ID: @3qgu+19Ree4yv

OP they r just cranky from jet lag from training adjusters in India

More fabrications and irrelevant garbage

https://m.youtube.com/watch?v=GHBkXAK9Evc&t=5s

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Post ID: @2cdl+19Ree4yv

what was fabricated or twisted garbage the poster put a link to a independt wall st analysis
???
Glenn is that you how was ur trip to India?

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Post ID: @1osi+19Ree4yv

The Earnings projected to decline 17% over nxt 3 years sounds like all these nothing burger TG changes are gonna pay off.

Keep drinking the Koolaid manager!

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Post ID: @1mos+19Ree4yv

This is a nothing burger. This is normal business practice. As big of scumbags that Shapiro and Wilson are this is nothing different from what many top executives of publicly traded companies do where stock options are a part of their compensation. It's called converting your stock option compensation for tangible cash. No need to clutter this form with this irrelevant garbage. There is plenty of relevant disgusting and disturbing practices from Shapiro and Wilson and Allstate in general without fabricating or twisting things.

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Post ID: @1gxp+19Ree4yv

This post comes up every few months. Executives at all companies who get stock options exercise sells on stock usually quarterly

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Post ID: @1caa+19Ree4yv

1uwm+19Ree4yv : well said

Watch what they do ignore what they say

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Post ID: @1mou+19Ree4yv

If Leadership believed in their vision for the future, they would be buying.

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Post ID: @1uwm+19Ree4yv

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