Uh oh. This is how it ALL started in April 2020. With this same type of meeting denying any layoffs on the table and then 60 days later announcing layoffs would happen.
They are about a month earlier this go around.
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Royal Sundaram General.
Anonymous….. do you know who they are acquiring?
Thank god. Allstate would corrupt it lol
They are acquiring a fairly large national brand, from what I've heard, but it's not progressive...
They better not merge with progressive or I’ll have to leave there too.
Buying more market share again I hear. Because it is such a great business strategy to keep buying up competition while your parent product continues to be outdated inept broken hot garbage.
The question is which company's poor employees are about to be thrust into the professional sewer of despair that is Allstate's morals, morale, and business ethics?
Rumor has it, a merger is fixing to be announced.
Company may want to digitize, outsource or offshore work but they aren't very good at executing their plan. The easy reductions have been made, and it gets much harder from here. Best they can hope for is to grow premium faster than taking on additional people costs, which will result in higher workloads but not necessarily widespread job reductions.
Enough of these meetings. Just send us the script everyone reads from and save me the time. “Transformative growth@ blah blah. “Connecting when not in office, I miss the office”. It’s been 2 years, haven’t you figured this out yet?
Most of us from entry bands up to site leaders need to have it in our plans that we will not have jobs in 2-3 years and many of us not much more than a year. Start preparing now and pretty much expect that your job and position at Allstate will be gone and you will be let go via Transformative Growth within 24-36 months. Just expect it so you are ready with a nest egg and emergency fund saved up and not shocked when it happens.
There is a Q1 Claims Town Hall on 3/10. Have not heard of a 3/22 meeting. Is that for claims too?? Be afraid. Be very afraid! LOL
The very instant Pune is up to speed with more of the claims processes that AI can’t handle our claims jobs will be gone. Meanwhile, they are all so “grateful” for the worker bees and will “listen” and “care” so much. The plan is
To reduce expenses and the way to do it is to get cheap labor. $10 in India is considered high wage. Don’t think for a minute it won’t happen. It’s been happening for many years. Process by process work types by work type. You are a stop gap until “the plan” can be fully implemented. We are an offshore company now with limited executives in the USA. Really sad to see this company turn in to this. So many other companies have done it too. Not just in insurance but in banking and healthcare and on line sales. Overhead is to be eliminated. They are all so happy they sold Northbrook and can close up offices. What a sh-t show There isn’t one leader in this heap that inspires. They are all robotic script readers who will never admit what is really going on. Total COS dogma at its brainwashing best.