Thread regarding Allstate Corp. layoffs

Things are not looking good around here

It's time to start thinking about finding a job somewhere else. This place is going downhill, more layoffs are always on the horizon, and you'll start noticing more brown-nosers climbing up the management ladder. Allstate is turning into a toxic mess with no balance or room for growth. Seriously, if you can, make a run for it.

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| 3371 views | | 22 replies (last March 17, 2024) | Reply
Post ID: @OP+1qPPcS6Z

22 replies (most recent on top)

Funny, many companies/industries have tried the off-shore model before it came to Allstate, and they all (mostly) learned their lesson the hard way - offshore labor may be cheap in the short-term but costs much more in the log term. Crazy that Allstate thinks they can be the company to make this cr__py model a success.

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Post ID: @Ltub+1qPPcS6Z

The disturbing part is, this is happening across the insurance industry. Jobs being outsourced, jobs being cut, jobs being sent to Africa & India. So if the entire insurance industry just sees employees as just numbers on a balance sheet... & they want to trim us down to the minimum to increase their profits... is there a better industry to try to change to? The entire industry is doing cr-p like this. Looking at different companies on this site proves it.

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Post ID: @bvoz+1qPPcS6Z

Seriously. The writing has been on the wall for 10+ years. If you didn’t see it, shame on you. Outsourcing, reducing cost, increasing profit has been the strategy. Wake up.

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Post ID: @8xbc+1qPPcS6Z

Even the $10 gift card was $20.

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Post ID: @7vpm+1qPPcS6Z

As I look at new blood that’s being brought in over the years in senior leadership, many of these hires look to be nepotism based. Just because someone was your desk partner 15 years ago doesn’t mean they’re a good hire. So, you’re telling me the most qualified person for this position is someone you happened to know and worked closely with? Familiarity can certainly be a good thing in certain scenarios. It can also show that you don’t truly care about the talent, but that you’re only concerned with brining in someone who makes you feel comfortable. There’s clearly been a trend of that in this company and they were much better served bringing in new people that would challenge the status quo and bring a fresh perspective. There are way too many failed LM senior leaders in this company.

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Post ID: @5bbu+1qPPcS6Z

Bunch of weak leaders there out of all the carriers I worked for. Leaders had no discernible skills whatsoever. And that means middle management and upper management.

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Post ID: @4yti+1qPPcS6Z

They f-ck over their employees and customers in order to increase their stock. It is not a result of anything they are doing well or ethically. Only a few head honchos and fat cats benefit from higher stock prices. Even our retirement and 401k benefits very little from this temporary smoke and mirrors upping of the stock price.

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Post ID: @4mmz+1qPPcS6Z

Stock is high because the company is making money by reducing costs by increasing economic efficiencies. Basically, jobs leaving the USA either to Allstate India or offshore vendors is an economic winner for them, but a loser to the man with working class blues. Where will this dismantling transformation end ? This company is a corporate shell in the USA. Once they go through another USA layoff gutting the stock will drop but they are preparing for that. It will go up and down until this transformation is over and the company either folds or goes private.

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Post ID: @4smy+1qPPcS6Z

I don’t understand how things can be so bad and the stock price keeps climbing. Can anyone explain?

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Post ID: @4lvz+1qPPcS6Z

The only thing Allstate is "innovative" in is ways to conduct layoffs and movement to vendors.

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Post ID: @3eap+1qPPcS6Z

If anyone tells you Allstate is innovative, you know they’re fully indoctrinated as a corporate puppet

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Post ID: @3csd+1qPPcS6Z

They're doing on the technology side too. Suren now has his Indian puppets in key management positions. Culturally, they're all 'yes' men, which is what this company wants. Don't want people in tech who are collaborative and innovative, they want people who will shut and up do what they're told. Work nights and weekends to deliver the milestone dates for which the big boys can collect bonus checks. Basically, be a big sewer pipe to push whatever hare brained idea Suren and his coterie come up with and don't argue about it. If you ain't an Indian, a yes man or both...you don't have much of a future here.

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Post ID: @3bup+1qPPcS6Z

Did they just cut the amount of Applause points people can give out? I used to get a ton (F Band) and feel like I got cut in half.

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Post ID: @3ben+1qPPcS6Z

this company stopped letting employees share in the companies success and wins several years ago…aside from a $10 gift card

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Post ID: @2kkl+1qPPcS6Z

India and other countries that take our jobs are basically our new low paid folks. I’d call them something else, but my post would be deleted. We are now the privileged ones who are left holding the reins together until Allstate breaks free from the USA entirely with their work force. Once Allstate India is totally up to speed and their MD’s and PHD’s over there start evaluating injury claims and then give them to the MBA’s in Law to present, all USA jobs will be gone except for state side staff counsel. That is the plan. That is all that is left to pawn off. An MD or MBA or PHD in India makes 30-60k equivalent in rupees to the 75-150k we make here at Allstate. Many focus groups, consultants, and former executives have pondered this and are taking action. Check out the business Brandt and Rosen are involved in if you still have hopes for Allstate in America. We are not returning to offices, we are not building up USA jobs. You are here to work a little and watch it fizzle. Severance will come someday but don’t wait around for it. Not worth your soul.

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Post ID: @2vnn+1qPPcS6Z

It's bad....all bad.

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Post ID: @2awx+1qPPcS6Z

I have recently seen a lot of positions for my role have moved to India. Allstate is not the only one doing it, so it’s very difficult out there as well. For tech, the market is even worse than before the pandemic. At this point, I am feeling stuck here listening to the people who don’t like challenging (respectfully) ideas and they keep throwing more & more on our plate.

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Post ID: @2xkt+1qPPcS6Z

Management here is just plain incompetent and this place has no real strategy or direction. A rudderless ship with a whole slew of id--ts acting as captains. No wonder everyone I know is just here for a paycheck and don't care at all. They should just let us all go, pay us our severance, and mold their vendors and India employees into the mindless robots they want.

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Post ID: @1sux+1qPPcS6Z

It’s su-ks that’s for sure. Managers don’t show any interest in the human beings that work for them. It’s a puppy mill. Just work and don’t say much as they don’t listen anyway. I hope South Africa and the other vendors will keep it all going for the sake of the stock price. I’m out soon because of no opportunities for higher paying jobs here.

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Post ID: @1rgu+1qPPcS6Z

Welcome to Allstate, I’ll be your guide…..highly recommend you exit before you become a miserable husk of a human. Job has crushed my soul but I make poor life and financial decisions so I’m stuck here for the halfway decent paycheck and those JUICY applause points!! I also have a bad attitude and social anxiety, probably from being in a constant state of “fight or flight” for 10 hours a day working claims for the last 12 years. Don’t be me.

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Post ID: @1vum+1qPPcS6Z

Um, this company has been a toxic, declining, low morale cesspool since even before COVID. I am just here for my 20+ year severance.

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Post ID: @cuk+1qPPcS6Z

Where have you been for last 3.5 years, under a desk?

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Post ID: @xoe+1qPPcS6Z

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