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
Best CEO Marsh Carter
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
Management Changes
What do you make of the latest exec management changes ? Growing more pessimistic here
RIFs Tomorrow ?
According to the pattern, the sinking ship has been following there should be some RIFs tomorrow. If there’s a god please pick me
RTO'Hanley
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?
Silo culture, why?
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
performance review
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.
Drunk
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
Severance package question
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
AI
How is your AI project going?
State Street layoffs loom?
From BOSTON BUSINESS JOURNAL State Street layoffs loom as Boston firm targets $1 billion in benefits from AI, reorg
Loving the work, hating the load
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
Anyone let go today?
Did anyone get notification today?
Safer from layoffs on larger team ?
Do you feel employees are safer from layoffs if they’re on a larger team versus smaller team or does it just not matter?
Poland
Any layoffs foreseen in Poland ?
July 16 - Earnings Report
How will reductions affect the numbers?
Morale is in the absolute gutter
I've never seen morale drop this low. It almost seems like leadership is doing this on purpose and I can't understand why.
We're constantly told that open communication is important
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.
Could they maybe offer a voluntary round?
I know a few people who'd take it happily, and it could save a few of us who really want to stay.
AI
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
Projects
When will they start cutting projects?
State Street's Rank - WSJ - The 2026 Best Companies for the Future
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
Sick people in charge
Do you have the impression that your current managers in this company are psycopath ?
Layoff schedule July 2026 through Jan 2027
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.
Firing Today June 9, 2026
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?
This place is horrible.
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
Nightmare at State Street
Ron needs to increase his total compensation for 2026. He's like the Freddy Krueger. Once you think you're safe and put your head down, he comes after your job. Do not sleep!
Burned Out
So burned out. This place is unhealthy.
Ronald P. O'Hanley made $19.5M in 2025
As people are getting laid off or being quiet fired, please don't hate Ron. As Chairman, CEO and President at STATE STREET CORP, Ronald P. O'Hanley made $19,529,070 in total compensation.
SS Manila
Reopening of Manila office announced. MO, custody amongst other functions to be offshoring to that location.
Top Companies
Listed SS as one of the top companies to work for. LinkedIn has SS as the best workplaces to grow. Well...there you go. We all know the truth.
Mental Health
Mental Health Awareness meetings - really?after folks have been laid off and more layoffs to come - this company is either clueless or really twisted with its cruelty
False alarm
Looks like nothing is happening. We live to stress another day.
What to expect this Wednesday
What do you think we should expect this Wednesday?
Career Snapshot
My entire snapshot was empty except for a yes that I’m on track to meet or exceed expectations, my teammates had theirs all filled out. Do you think I’m on the list?
The Fall of Rome
Huge operation center quietly getting set up in the Philippines. Layoffs every 2 months through 2027. Poland to have massive layoffs. Berwyn Pennsylvania getting gutted. India given increased role they can’t handle. Senior Management denies all and... — read more