i have posted this in the past but will again. Doesn't anyone else agree that they are a good target for a takeover? Even a large corporation like State Street appears to be so poorly mismanaged that they can't continue. I can't imagine how it is... — read more 

What, they couldn't hire up and within to shuffle positions for employees to move up? Certainly worked in CEO's benefit years ago. And what's the scoop on voting out Murdoch is it political or what's the reason behind it? Anyone know the reasoning?

Never forget

WASHINGTON—State Street Corp. will pay $35 million to settle U.S. claims that it overcharged customers using secret markups and failed to fully inform other clients about how its platform for trading Treasury securities worked.....WSJ article Should... — read more 

I've heard some people were told they're dept is moving from Boston to Quincy. I think they had like four months between the notification and the move. Is that typical or do you likely get less notification? Too many rumors flying around.

Demand repatriation if big corporate money back to America Demand lower personal and corporate taxes Demand tax reform It's the only and last hope we have You can either sit idly by and watch the jobs disappear into thin air Or call your Reps and... — read more 

Can someone tell me who comes up with these name for the JV transitions? It was brought up today in a department meeting that I attended regarding staffing migrations to low cost locations and it took all of my self control not to laugh. I guess it... — read more 

Average Flatline 2%GDP Taxes35% Insurance premiums 25-60% COL 15% Wages .04% if lucky Savings interest rate .01% if you have any left over to save Chance of overcoming stagnant wages -Zero percent Austerity Mediocrity the new normal Ho hum Boring... — read more 

And outsourcing and higher costs for your insurance and wanting a higher take home pay Raises Growth Careeer development You must take control by demanding your Congress people to repeal Dodd-FrAnk Repeal ACA Demand lower personal and corporate taxes... — read more 

Layoff talk? Wrong, this is the perfect place to rant/complain about my job, employer, the financial markets, politics, people, life. Have at it...........

Hmm thousands of State Street jobs have been outsourced to India and China Now China and India are threating each other with war , does State Street have a backup plan ? The United States is at odds with China over North Korea, will China use suttle... — read more 

Something tells me our clients and lawmakers would not be happy to find out that our IT counterparts in Hangzhou CHINA have full access to client portfolio data.

Anyone have any ideas on who and when?

US planned layoffs fall, while hiring picks up in July: Challenger The number of planned layoffs at U.S. companies dropped in July to its lowest since November. Job-opening announcements rose, a sign that businesses are confident that the economy... — read more 

= errors costly overtime and defeats the purpose of cutting costs If you constantly have to clean up the mess of outsourced ppl instead of having a system where you run it start to finish without outsourcing you probably don't save money in the long... — read more 

Seriously one year ago we hovered 17-18000 we were slogging along happy not to drop Another 30% Unleash the shackles of free fair trade cut job suffocating regulations don't implement the hidden list of job choking regulations by 44 and what happens... — read more 

State Street , I notice you seem to make news with your PC articles about hiring more women and minorities to Executive positions. But we know its all feel good make the news and try to polish your image as a great company Why not set a new trend and... — read more 

A Plan to Fill the Massive Gender Gap in Asset Management Nonprofit group Girls Who Invest looks to fill industry job pipeline with more women candidates By Geoffrey Rogow July 28, 2017 9:00 a.m. ET State Street Global Advisors has a plan to improve... — read more 

7000 I just can't see how it can go unnoticed Anyone seeing anything dramatic? I know shifts in locations and maybe few go from it but no full throttle dumping Three years is still a long time Maybe they presented worst case scenario and it's not... — read more 

The wee hours of this morning in the senate is the precursor for massive losses GOP just proved they cannot govern likely making tangible tax reform or tax relief a smoke and mirror game 7000 might just be the starting point Thanks it's great knowing... — read more 

Amazing if our CEO boldly came out in front to all of us and said fear not your careers your livelihood is in tact the Clipper ship is on course and we will grow and prosper together? I know I have a vivid unbridled imagination Felt good for half a... — read more 

Amazing Q2 earnings announced by the Clipper Ship today. Jay's vision and leadership is in full view. He has the whole executive team hitting on all cylinders! Go Jay Go!

Isn't that special As a female is much rather they offer some job security from massive constant lay offs And I'd like a raise more than .05% every three years That would have tangible real meaning Enough with the social investing and phony cause I... — read more 

We are going to have another major crash and humugous recesdion it's in its infancy you can't see it but it will happen. It will likely happen by Fall 2017!and free falll from there. All the gains this past ten months will be lost and there will be... — read more 

WHEN. You can go to work all happy, feeling good about the effort and quality you put in everyday. You can enjoy your coworkers and have a sense of satisfaction with your job. But then there it is, the rumors, the shuffling of departments to... — read more 

How much to expect if promoted (Salary increase percentage)?

Rumor is the Data center in North Quincy will be going away with 4 years to save money. All operations will be done from the Grafton data center.

Layoffs The stock is at all time high Can we stleast get raises while we still have jobs? I mean how hard is it? Are you going to offshore every job?

And here we go again And in regards to moving whole depts Yes big moves OUT of channel to Quincy Where in Quincy who knows Roll the dice How many Which depts Anyone that does know, they aren't telling When does lack of confidence in CEO inact change?... — read more 

It is going on right now.

Are they closing this office ? Or moving staff to the office on the waterfront ? I know they have at least 5 offices in the Quincy area which seems a waste Only seems a 8++ years they spent money on building the new parking garage because of the lack... — read more 

Never fails In being a heartless corporate entity No soul No center Voted of doom

Look around everyone you look on this thread at other companies Few are left unscathed Go on company review sites change the company names its practically interchangeable I have made a concerted effort to find a job outside and I can happily say I... — read more 

I'll tell what they won't do. They won't ease the fears, worries, anxiety, stress or low morale with it by advising its workforce about plans to further reduce the work force or not consolidate and shift Whole departments around. They won't be giving... — read more 

With the channel center Where are they moving to? Rumor has it global advisors pushing everyone out Isn't there enough room for everyone Is this the big dump of employees to squish everyone in channel Josiah john and crown? I thought jay new numbers... — read more 

Let's all take a deep breathe and calm down. The issues plaguing STT are not unique or different than anything or any other corporation out there. This slow bleed out of jobs, wages, layoffs has been happening since the recession in the 1980's. It... — read more 

All smiles at the NYSE yesterday when our fearless leads Jay H rang the closing bell on the NYSE to celebrate the Clipper Ship's 225th anniversary. A great celebration for all involved except of course for the lowly SS worker that has had his/her... — read more 

It seems that only a couple actually post here. Why is that? Doesn't anyone have insight or knowledge on the lay offs? Aren't we all here because of the confusion uncertainty and dilemma of staying or pro actively leaving before getting cut? Isn't... — read more