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Layoff is nothing new in Allstate. Infact only consistent thing in Allstate is lay-offs
After evey annual financial result and quarterly result they lay off people.Very unstable company
Leadership is clueless on how to position products or give quality insurance product in tough insurance sector
So only thing they do to hold stock price is to lay-off people. As an employee you cannot flourish in career as you need to keep thinking about next lay-off or next job search