Are we part of a bigger plan? Something doesn't seem right?
3800 layoffs = Organized Chaos
This all seems to be well planned and executed. i.e. Event 201
Does anyone else see any parallels?
5 replies (most recent on top)
Agree with Allstate will be bought out. Just a feeling.
Umm....nobody is going to purchase a bloated Allstate with a 33.6B market cap that is trading on its reputation
For what it's worth the total layoffs were closer to 6000 Allstaters. 3800 was the initial number before they found new areas to cut through the advice of vendors. I personally know this for a fact.
Also the potential for a buyout of Allstate by 2025 is more probable than people think. The one sticking point for potential suitors is the agency channel that suitors are not interested in taking on. This is why the exclusive agency channel will be gone within the next 3 years.
Doing the same thing over and over and expecting a different result. Leadership and innovation has left the building. Mike drop.
Possibly preparing for a buyout??