Thread regarding State Street Corp. layoffs

Layoffs

More layoffs to be announced apparently during ER call.
They will use the words that the Street wants to hear. More investments in AI even though excel macros are still the drivers of automation


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| 5234 views | | 18 replies (last November 25) | Reply
Post ID: @OP+1k6mzxt86

18 replies (most recent on top)

@73y if you accept your a number it works better.

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Post ID: @7pr+1k6mzxt86

@16g i was laid off tuesday and my last day is jan 23! Praise be to god i am free!

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Post ID: @74r+1k6mzxt86

Just a fyi, layoffs go on every year no matter what.
If when the company has a good year and record breaking profits, the layoffs still go on.

Just polish the resume and hopefully you can find another job paying the same or hopefully paying more.

Remember your mental health is far more import.

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Post ID: @741+1k6mzxt86

Layoff announcement pre Thanksgiving demonstrates SSBs true moral compass. Staff mental health is a fake agenda.

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Post ID: @73y+1k6mzxt86

@6z6 pushing AI training today. Big AI rah rah meeting soon. Coincidence.

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Post ID: @6za+1k6mzxt86

@6z6 NA?

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Post ID: @6z8+1k6mzxt86

January 2026 layoffs got told today!

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Post ID: @6z6+1k6mzxt86

Co-ops and interns...there you go

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Post ID: @3yy+1k6mzxt86

@342 the ones I’ve heard being prepared are more for 2026 then this year, but that just could be the groups that I am involved with. We had several done previously this summer and a lot of
cut open positions.

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Post ID: @35j+1k6mzxt86

November? List ready?

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Post ID: @342+1k6mzxt86

@2ag nothing about layoffs.

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Post ID: @2kj+1k6mzxt86

@29s go to yahoo finance to read the transcript

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Post ID: @2ag+1k6mzxt86

Any news from today's call?

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Post ID: @29s+1k6mzxt86

Alpha will be going through a re-org by the end of the year. I was informed many teams are going to another department. But one thing with this company is not everyone will be saved and roles get eliminated during reorgs even if if you brought in or saved the company money.

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Post ID: @17e+1k6mzxt86

@16f there are definitely layoffs being announced in nov but their last day will be in january

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Post ID: @16g+1k6mzxt86

@10v

Google search will say the opposite…no further layoffs 2025.

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Post ID: @16f+1k6mzxt86

@ba Oct 17th. This info is out there just Google for it.

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Post ID: @10v+1k6mzxt86

@OP what/when is ER call?

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Post ID: @ba+1k6mzxt86

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