Why does this company continue under the disguise that everything is A-OK? Do they actually think the employees, the customers, and the investors are that stupid? Do they have that little respect for everyone else that they think these lies and deflections are actually being seen as truth? Why continue with Transformative Growth when it clearly is not working, Transformative Growth only makes it worse for the customers, employees, and still the investors. But we continue down a road that obviously is not working. We deserve to go under.
9 replies (most recent on top)
@orc+1msOP63F Maybe
Stock buybacks with record CEO bonus and not a quarter later 350M loss. The worst part for employees is the toxic positivity. Celebrate how much you care and prevent growth in non performing markets while posting the market sales leaders for the quarter (that are there because they bought a second book} not because of organic growth.
Just like our "culture" that is built on lies, manipulation, deceit, and mental abuse. I expect nothing less from this cesspool of an organization and I have a very low expectation of anything they put out and I don't believe one word out of their mouths in any capacity.
People have a right to complain wherever and whenever they want, it’s called Freedom Of Speech and it’s a Constitutional right.
I find it comical that these posters are so concerned about profits. Other than a small portion of your 401k, it really shouldn’t matter. Complain just to complain. I have a better idea, go somewhere else.
Co. headed to disastrous path. Expect shut down in 3 years either by doi or forced buyout. Avoid if looking for a job. Strong curry powder smell.
@orc+1msOP63F, it’s called Allstate buying its own stock….that is what is driving price this morning …
Allstate is transforming to a global employee, vending machine type company. All to save money, they’ve put their eggs in the basket of the Filipinos, Indians, and any other off shore educated well spoken tribe they can find. Throw in self service and AI and in their mind you have a recipe
for success on the cheap. Raise rates and hope for the best. OP is right though, customers are not that stupid especially when they can get better rates and better service at a competitor. And guess what? These competitors are on American soil. Too bad Allstate executives are so greedy. If they don’t change course they will be on an episode of American Greed in a few years when this company finally goes by the way of Sears and Kmart.
As of this post, Dow Jones down 1.24% for day and Allstate UP 1.86%
Maybe you are the stupid one