Hearing some people were notified today.

It’s comical that here in JAB we’re told to come in 4 days a week while the garage is perpetually closed, and lot spots are full. Meanwhile the bigwig reserved parking spots are totally empty so we disposable grunts must manage to find a spot. All... — read more 

All year, the talk at our company has centered on Project Aegis, responding to AI, and shifting how we work toward being more Agile and collaborative. What I see instead are tech teams running like it’s the year 2000. I can’t make sense of how some... — read more 

Ive worked for this company for longer than a decade and every single management team Ive worked under has been dysfunctional. State Street does not promote internally, they always go to the market for the latest shiny people and they come in... — read more 

I wouldn't quit now for anything. We know more layoffs are coming, and it'll be big. Quitting now is like leaving money on the table. Why are so many doing it?

All the red flags with this company. Big layoffs every other month for many years. Many bad stories reported here.

They do it every other month. Last one in September was a smaller pool, wondering if anyone have insight on the size or pool for Nov

My director just met with my group about attendance. Seems the 25% minimum in office per your requirement is going to 50%. Not exactly sure when. Also, they are on to people who badge in and immediately leave. I heard some offices require you to... — read more 

There’s a viral Reddit post about a STT employee with stage 4 cancer who got terminated and no severance was paid out. Not sure I can link the post here but it’s on the /r/Boston subreddit. Can’t say I’m not surprised that the bank can stoop this... — read more 

How are these budgets progressing for 2027? Who's cutting? Who's adding? Is AI going to save the day?

I remember as a critical worker spending 1 to 3 sometimes 4 days at a motel/hotel. During major blizzards, snowstorms and hurricanes. Then waiting for the State Street shuttle van to pick us up and take us back to the office at 1776 Hertiage... — read more 

My manager shared that from the all-manager call with Kathy Horgan, in-office attendance compliance is less than 50%, that less than half the company is coming in at least 4 times a week. Manager said "I get the feeling that something is coming" in... — read more 

Anyone else remember when Marsh Carter was the CEO. How well the company did . great raises and bonuses. The company never had layoffs when he ran the place

What do you make of the latest exec management changes ? Growing more pessimistic here

According to the pattern, the sinking ship has been following there should be some RIFs tomorrow. If there’s a god please pick me

So your IC will take a hit if you do not meet workday persona. Has anyone seen the data Ron used to support his BS claims about "productivity" gains while being in the office?

How do you make friends here? part of my job is actually to help people do less manual work but it seems that everyone loves manual work. And when I ask my manager if I can reach out to some other teams, he/she said: oh. Please don't, we just do not... — read more 

Manager is not able to provide justification for the ratings he has given. he is 64 years old survived multiple layoffs , he is in same department for 26 years stil did not know basic stuff what the product his team has development.

I’m showing up to work at state street 3 sheets to the wind tommorow. I can’t take it anymore. There is no law when your on the claw

I heard that the standard severance package at State Street is 2 weeks for every year of service, with a 10-week minimum. However, I'm wondering whether this severance package is offered on top of the 2-month period between the notification date and... — read more 

How is your AI project going?

From BOSTON BUSINESS JOURNAL State Street layoffs loom as Boston firm targets $1 billion in benefits from AI, reorg

I like what I do, and I've always tried to give it my best. Lately, though, it feels like every time you prove you can handle something, you're rewarded with even more work and even higher expectations. At some point, even the people who care start... — read more 

Did anyone get notification today?

Do you feel employees are safer from layoffs if they’re on a larger team versus smaller team or does it just not matter?

Any layoffs foreseen in Poland ?

How will reductions affect the numbers?

I've never seen morale drop this low. It almost seems like leadership is doing this on purpose and I can't understand why.

But somehow that only applies when the topic is easy and doesn't make anyone uncomfortable. When we try to find out about incoming cuts, suddenly its silence. Funny how that works.

I know a few people who'd take it happily, and it could save a few of us who really want to stay.

Do you think AI will be a key driver for innovation in State Street ? I have my doubts when I see the people leading such initiatives

When will they start cutting projects?

The Wall Street Journal evaluates how leading US corps stack up in 6 areas: AI readiness, innovation, talent readiness, financial fitness, resilience and agility. State Street ranks #208 overall with an Overall Score of 51.3, placing it 23rd out of... — read more 

Do you have the impression that your current managers in this company are psycopath ?

The next set of layoffs are scheduled, July 15th, Sept16th, Nov 18th and Jan. 20th. AI is suppposedly going to replace all of the those roles. The rumor is a 25% headcount reduction globally.

A friend in GD was fired today for not going into the office. No severance package, realy firing. Has this happened in any other group? Was this just GD or did it occur in other BUs/CFs?

Every other month is a quite layoffs unless it is a big one then even more losses. Then they rehire these kids, give them scraps because they straight out of college, and expect us to train them. Nope. Other more indians with fake diplomas and... — read more