Thread regarding Allstate Corp. layoffs

Transformative Cancer

Compare Mid May 2021 to todays share price.

Oh yes its just the market. . . nothing to worry about.

The "run of the the RIF" has ended. There is no market share increase. No increased revenues. Agents aren't inspired. Labor hates their employer (refer to this board). Customer service is suffering from understaffing and hiring zero experience cheap replacements, and leaving in droves to competitors, along with the best employees.

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| 1953 views | | 4 replies (last October 31, 2021) | Reply
Post ID: @OP+1dzOq12u

4 replies (most recent on top)

Wilson is a one trick pony. At the first sign of mounting losses with the auto product he has a quick trigger finger to turn off any form of growth. He will tighten guidelines and raise rates on the all auto lines (please refer to the 2015-2016 panic attack!)

Welcome to the earnings report, we got fun and games
We got everything you want, Carl, we know how to sell direct
We are the people that can twist the numbers to whatever Wall Street may need
If you got the money, honey, Welcome to the q3, we got lots of slides and supplements
We got everything you want, we got transformative growth
We are the people that can RIF and cut commissions to what you may need
If you got the money, we got your rate increases

You know where you are?
You're in the q3,earnings call baby
You're gonna be flat

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Post ID: @1lvc+1dzOq12u

It couldn't happen to a more deserving leadership team.

I hope they taste ashes in their mouths!

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Post ID: @syl+1dzOq12u

Reckless abandon doesn't even come close. More like ra-e and pillage. The most irresponsible thing I have ever seen. Don't worry, it will all be over soon.. The bloodbath hasn't even begun.

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Post ID: @wmb+1dzOq12u

Bonzo the chimpanzee could have turned a profit during the shelter in place portion of the pandemic. Leadership has acted with with reckless abandon. It’s easy to sit on your throne and blame the rank and file of all ill’s of your organization when you are printing money. There will be no hiding behind the Nat Gen increase revenue that you purchased. I have never seen anything like this in my 30 year career. The bell will toll for thee on Wednesday. The corporate double talk will not be tolerated. As Wall St. is predicting, it will be a bloodbath. Can someone please get Mr. Ichan his megaphone! He has a lot to say.

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Post ID: @fvw+1dzOq12u

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