Allstate to layoff thousands

Allstate is planning to shed thousands of jobs according to The Irish News.

Last week, announced “very large traffic spikes” in regards to Allstate when the rumors first surfaced.

According to some reports, the company will seek to reduce its workforce by around 3,700 from August, with a significant reduction of its real estate.

“Allstate has embarked on a transformative growth plan; a strategy designed to increase market share and build for the future. The plan requires a change to the way we operate and will enable us to move forward, even in this challenging external environment, to keep Allstate strong now and into the future. Allstate NI are fully committed to keeping employees informed at all times, we will be open and transparent about the next steps and will engage everybody and treat employees with respect.” – Allstate Northern Ireland, the subsidiary delivering technology and business services to Allstate.