Thread regarding Allstate Corp. layoffs

Let’s have big round of applause for 2024 earnings.

Well done by all. Congrats.

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| 1541 views | | 5 replies (last February 9, 2025) | Reply
Post ID: @OP+1jkea6xtx

5 replies (most recent on top)

Affordable? No, it costs more than our legacy products.
Simple? It doesn't seem to be.
Connected? Well, the systems are often down or just really bad quality.

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Post ID: @p5+1jkea6xtx

BIG DOGS in the house! No time for naysayers and snowflakes who can’t HANDLE my EXPLOSIVE GROWTH! Back to the minor leagues cry baby’s, only BIG DOGs allowed BOYO

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Post ID: @dr+1jkea6xtx

But look at how they got to here?

The majority of the work force is offshore or vendored out.

And ASC is a complete sham of a product.

Don't forget lowballing claims settlements.

The Good Hands continue to give all of us the finger.

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Post ID: @da+1jkea6xtx

It means nothing for the worker bees. Nothing but more offshore hires and automation. No profit sharing for grunts so who gives a sh$t

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Post ID: @bw+1jkea6xtx

Growth…is what was promised and what is expected now that the massive rate increases have been implemented (I feel bad for the consumer). Rate taking , the internal and external causes and to what degree, is a topic in and of itself. Bottom line: The competitors are exiting rate taking as well and the investors are assessing whether Allstate can deliver sustainable and material PIF growth within Allstate written, not branded, policies. That might change, but not short term.

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Post ID: @b6+1jkea6xtx

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