Thread regarding Allstate Corp. layoffs

Q3 earnings report

Can’t wait to read the Q3 earnings report. I’m sure it was a record setting Q3…🤣

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| 1711 views | | 8 replies (last October 13, 2023) | Reply
Post ID: @OP+1oR46vKW

8 replies (most recent on top)

What you get when youre a stock company

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Post ID: @dufw+1oR46vKW

Wait for the surcharges to come, oh and if you live in these areas pay more or we drop you. Laughable

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Post ID: @ceif+1oR46vKW

I'm thinking the paid claims for the last two weeks of storms won't appear in the Q3 results, for the most part.

That'll be something to look forward to in Q4/EOY.

Does anyone remember when the last Quarterly profit was? Q1 2022?

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Post ID: @2kqy+1oR46vKW

How much of a loss will these past two weekend storms be? A lot of property damage done. I’m sure it’s big number!

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Post ID: @2tvw+1oR46vKW

But muh CAT losses!!!

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Post ID: @nyy+1oR46vKW

“It has been a bumpy ride but we have executed well” 2.0...or is it 3.0 now?

Same line of bullsh-t will come out of Tommy Boy's slimy old lips.

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Post ID: @jev+1oR46vKW

Numbers for Q3 will get the Claims "Transformation" going into full swing. That is part of what they were waiting for. Now with Brandt gone Claims is a wide open cut them all area of the company. Corporate does not care if they see quick dollars signs.

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Post ID: @psf+1oR46vKW

Notice how we’ve heard nothing but radio silence on production numbers for the entire quarter. Hmmm. Guess they don’t want to bring attention to it until it is legally required. This week we were told they are starting compartmentalizing of work types within the casualty operation. It won’t be too long before they can send these casualty work types one by one to India in order to save millions on wages and benefits. Just like they did with the auto operation years ago.

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Post ID: @ihj+1oR46vKW

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