Thread regarding Allstate Corp. layoffs

Shareholders rewarded with a 4.7% dividend hike

Not bad for a company that lost 1.4 billion dollars in 2022

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| 1311 views | | 3 replies (last February 25, 2023) | Reply
Post ID: @OP+1lk4ABGQ

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It’s a dump of a company now. They’ve been subtly telling employees this for several years now, starting with the waiver employees were forced to sign under duress. It got worse from there. The decision to remove HR from having any real relevance in the company was also a head scratcher.

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Post ID: @2sig+1lk4ABGQ

Policyholders, employee's no longer matter in the grand scheme of this transformation. Bernie Madoff succeeded for many years until the house of cards collapsed.

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Post ID: @1roq+1lk4ABGQ
  • 89 cents a share up from .85.

How they are paying any of this is insane. Company's pay dividends when growing and profitable. Allstate is neither

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Post ID: @lir+1lk4ABGQ

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