And what was the point of laying off so many people if it didn't bring any improvement to Allstate? Am I missing something? My opinion is that instead of making improvements, they made things even worse. The core problems of this company are still there, only it seems to me that there are new problems as well.
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Lol, the id--ts on this site obviously don't understand business...
It was all about Wilson, Shapiro, and the other corporate hoods at the top making their 2020 cost savings bonuses. It had absolutely zero to do with making things better for the customer, employees, or the financial footing of the company. Even the shareholders, while some made some gains on their investment short term, were put in a long term ho-e. This was nothing more than Tom and Glenn cooking the books to make money for thenselves. They put the company, customers, and product in a bad place just to line their filthy slimy pockets a bit more. What you saw in 2020 was solely and only for the self gain and self satisfaction of those two.
A prime example of why people who don’t have an insurance background should not be allowed to run insurance companies.
The core problem with Allstate has always been the drunk, ex Sears salesman, incompetent CEO Tom Wilson & his little bîtch Glenn Shapiro!!!