Thread regarding Allstate Corp. layoffs

Allstate leadership has no creativity and cannot think out of the box.
They have three plays: buy back stock (to keep price stable), raise rates (to try to control margins) and layoff employees with an occasional purchase of an underperforming company thrown in (to try to make retention) and PIF look acceptable.
It is going to be very difficult in the coming economic environment, it is going to be difficult to succeed using the only things that Allstate leadership knows how to do…particularly with the terrible customer service.
Losers from Sears and losers from other under performing companies are over their heads…particularly against people like Warren Buffett…