https://www.wsj.com/articles/state-street-ubs-are-in-talks-to-merge-asset-management-businesses-11607735564 State Street is having talks with UBS for a big merger, it's been confirmed by multiple news platforms. I have seen many VPs leaving ... — read more 

State Street Ending No-Layoff Pledge in 2021 https://www.thinkadvisor.com/2020/12/10/state-street-ending-no-layoff-pledge-in-2021/

This is a generic discussion thread to capture comments about potential State Street Layoffs 2021? Any news or rumors?

Just advised snd no location to replace it. Must go next week to remove our items. Mass layoff or are we really moving? Anyone know?

Laid off State Street workers have been approved in multiple cities for Trade Act Funding. Here is the announcement for Kansas City. See your local workforce or job center for more information. From the Department of Higher Education and... — read more 

I used to be proud of this company being one of the oldest financial institutions. It speaks of stability and longevity. But how much longer can a company last when most of their employees are overworked while receiving pay that is below industry... — read more 

Does anyone know about severance? Do you just wait it out in the marketplace till they let you go? If you don’t actually accept an internal interview then will you still receive severance when your time is up? They can offer a job but as long as... — read more 

A few folks were notified on Friday that their positions were eliminated and they were headed to the marketplace. Mostly MD or above.

What do folks know about talent marketplace? If you don’t get picked up in 90 days do you get shown the door?

A few areas are being told to find another 20% to cut in Q1. Good luck to anyone still around.

Any news of anything happening from now to end of year as far as lay offs?

For anyone who is still working at State Street, is it normal to be on hold with them for over 30 min?

Does anyone know what's up with this new "Talent Marketplace" thing? In theory you are moved from your current role/dept into this marketplace where you'll be matched with another role within State Street. What happens if there are no roles that... — read more 

Then a major crash. Prepare. This time there won’t a dead cat bounce. Life as you know it is about to change for the worse.

2021 likely go into be a tough year - employees will not be asked to RTO (return to office). Reducing headcount and company footprint. Wait and see. It’s happening.

The next batch of state street layoff is scheduled at the end of June. Looks like most of the government offices will not be fully open for background checking etc, State Street is determined to throw some employees to the street. With State Street... — read more 

The best time in history to be laid off and state street allegedly slams the breaks on layoffs would love to have been let go on may 1st and have my severance a nice tax payer funded vacation with government bonus through august wonder if the... — read more 

Many employees in State Street have received notices to be laid off at the end of April. It is the very few big banks doing layoffs at the peak of COVID 19. Guess State Street is financially expecting a big lose in the immediate future.

While State Street is keep doing layoff of US works, it do kept many temporary workers from India at office. This looks just the new culture trend of the company.

Seeking someone laid off as a recent of Coronavirus cutbacks and willing to talk about layoffs. Please contact: liz_neisloss@wgbh.org

Has anyone been laid off in the last few weeks? Have you heard about anyone being laid off in the last few weeks? Any rumors about layoffs in the next few weeks?

I expect layoffs to be announced soon.

No severance. There will be so many heads cut all at once and no severance. No money. This economic crash will destroy state street.

You’re going to lose your state street job by July 2020. Bye.....

Get ready....you’re going to be unemployed for a long time.

Are there Aditi on SL layoffs planned in GTS (global technological services) ? Please share only authentic information.

New targets in headcount reduction for High Cost centers announced. Nearly 3,000 impacting all departments over the next 2 years. This is in addition to the normal ones. This is going to be major Impact to Clients and services.

Discuss if you have something to add or ask a question.

I am 49 and have worked in various roles in financial services my entire career. The last few years I have worked in risk, audit and compliance. I have been looking for a new job in risk, compliance and audit at other banks and investment companies... — read more 

The layoffs will ramp up now big time given the market sell off. March 4th and 11th will prove to be very bad days.

Left Eaton Vance to work at SSGA. what a joke, first year they prorated the bonus, second year and 4 managers later it was halved. if you have a job offer from them, do not accept it!

No posts. Hmmm.. Fear?

After over 39 years I am losing my job. I really enjoyed this company when I first started. It was a great place to work. Over last 10 years been threatened with lay offs all the time. Can’t believe how down hill it’s been going. It is... — read more 

When ex McKinsey and booted Mellon guys run the show, things only go down. It’s a shame to stay in place like State Street if you have any skills. Hopefully BoD sees it soon, otherwise rudderless sheep is bound to sink. Where is my alpha???

Just got the notice today of being laid off, I work hard on a daily basis, yet can't escape the fate. I am petty for my co-worker because it is not like we are sitting at our desks doing nothing, the person who stays is going to pick up the extra.