Topics regarding layoffs at State Street Corp.

Topics regarding layoffs at State Street Corp.

Stop and shop

They get pensions but us here at state street nothing No presidential candidates helping us. No governor or mayors helping us. They care not one iota about us. But go ahead keep voting in the same hypocrites maybe next time they’ll come to our aid... — read more 

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| 2160 views | | 5 replies (last April 24, 2019)
Post ID: @OP+YH4QCGV

Volunteering for a layoff at State Street

You can contact HR and volunteer to accept a severance package as long as your dept is looking to make cuts. I had someone in my dept take the severance package voluntarily. Is there any way to find out your department is looking to make cuts any... — read more 

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| 2360 views | | 8 replies (last July 25, 2019)
Post ID: @OP+YDkJxJl

So if so many top tier are getting laid off

Why can’t we get a pay raise? It’s been years without an actual raise. I’m tired of “big banks” being demonized by 2020 potus contenders. Who’s going to manage all their money? I’m so tired of making ends meet with a top college degree excellent... — read more 

Layoffs at State Street have started

It's starting in Quincy already today. 2 layoffs that I know one of so far. It's not looking good for the rest of us since the 2 were the first 2 to arrive at the office today. Good luck to everyone. Does anybody have any more info on this? Have any... — read more 

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| 5540 views | | 18 replies (last April 18, 2019)
Post ID: @OP+XPDUjxT

Over 50 and I finally I stopped looking for a new job

No one is hiring anyone over 50. Better make as much money as you can by age 49 and pay everything off before age 50. Gone are the days of working until 60. I’m dirt poor again like when I was in my 20s. All those years of working and saving, all to... — read more 

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| 3860 views | | 17 replies (last March 14, 2019)
Post ID: @OP+XN0LtG1

No Raise, Low Bonus

Most of my department got comp info this week. Many of us got high ratings but no raise & a very low bonus. I can't imagine what people with poor ratings received. It was expected, especially in Boston & Quincy, but frustrating still. We worked... — read more 

This thread is useless

Thete is nothing factually based posted here. Old lies. Innuendoes misinformation and disgruntled ex employees sowing the seeds of hate and bitterness. Nothing to see here don’t waste your time

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| 2450 views | | 9 replies (last February 23, 2019)
Post ID: @OP+XHdH8Kb

A company run by vendors

IBM, Verizon and CBRE essentially are replacing the actual SSC employees at an inflated price and they are surprising under qualified. Last week another 4 went at Global Real Estate leaving just 5 left....for whom the bells toll.

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| 910 views | | no replies yet
Post ID: @OP+XHATHDf

Layoff timing

Do they usually do it in the morning or all day?

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| 1560 views | | 6 replies (last February 14, 2019)
Post ID: @OP+XBEmE2e

BB&T and Suntrust

Huge merger. This is the beginning of mega sized banks. Who will STT merge with? Goldman’s? Vanguard? Fidelity? This is likely why the rapid acceleration on layoffs. I have no inside knowledge but it makes sense. Only the large survive in this global... — read more 

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| 2850 views | | 13 replies (last February 10, 2019)
Post ID: @OP+XvPWF6l

Layoff Wednesday Feb 6 2019

First Wednesday of the year month couple in IT group got the HR call . What a poorly run organization --- and group in Connecticut still standing!

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| 2800 views | | 14 replies (last February 13, 2019)
Post ID: @OP+XueZQSo

Issues for single people working at State Street.

When I used to work there, one major issue I had was the way single people were treated verus married people. When they need somebody to work the weekend your the one they asked, because your single. When they need somebody to work overtime your the... — read more 

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| 3210 views | | 17 replies (last February 6, 2019)
Post ID: @OP+XsXYxw4

Ignore this while thread

There’s clearly trolls feeding bad info. There’s one that bitter beyond compare giving angry desosrate “advice”. If it happens to you I’m sorry. We all might get a pink slip. Keep your dignity. Keep your head. Don’t panic or do anything rash. Update... — read more 

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| 1390 views | | 4 replies (last January 28, 2019)
Post ID: @OP+XirZLsN

Looks like everywhere is better than SS

I see a lot of my college friends that work in the same business are doing better than I’ am. They make better money and definitely have enough time to spend with their families. Don’t get me wrong, those are some people, and I also am a high... — read more 

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| 1590 views | | 4 replies (last January 26, 2019)
Post ID: @OP+XicN2HC

Management doesn't care

Is there anybody here who actually feels like this management values us as employees? They simply don't care. They keep piling work on us and expect us to do it for same pay. And as long as you show that you can do it, even if that means seeing your... — read more 

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| 1600 views | | 5 replies (last January 28, 2019)
Post ID: @OP+XiQqwTW

We see the writing on the wall

Given they admitted to hiring over 30% of workforce over last 5 years.... you can expect 30% + 15% to be laid off at the very least.....there will be 45% to be cut easily. Companies make deals with the state to create “x” amount of jobs. They get big... — read more 

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| 1240 views | | 2 replies (last January 24, 2019)
Post ID: @OP+XhkSoGe

Curious

I think there’s a lot of geresay abd innuendo on this thread. Unless there are hard facts being put on here you’re dealing with spammers, trolls and disgruntled Forbes employees. Wecall heard the comments from O’Hanley there will fe lstoffs, there... — read more 

Is it hard to get a new job?

The one that would pay similarly to what we earn at State Street? I'll admit, I've been here for too long and now I find the whole interviewing for a new job process rather daunting. I think that might be the main reason I haven't left this place... — read more 

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| 1480 views | | 5 replies (last January 24, 2019)
Post ID: @OP+XhtjoKn

Plan Ahead

Layoffs will all happen by END OF 2019. Plan accordingly. They've given you ample notice to make arrangements for what's coming.

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| 930 views | | 2 replies (last January 24, 2019)
Post ID: @OP+XhkQ3iA

What is going on with all the buildings ?

What is SST doing with all the buildings on the South shore , are they selling them or renting out floors to earn money. I just heard on the news how they have plans to move headquaters to One Congress tower in Boston. And did they not move some... — read more 

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| 1760 views | | 10 replies (last January 24, 2019)
Post ID: @OP+Xg2sCcH

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