Topics regarding layoffs at State Street Corp.

Topics regarding layoffs at State Street Corp.

Blatant Recruiting Fraud

Soon Statestreet will be in the news for fraud in recruiting. Postings already have a preferred candidate. Managers do fake interviews involving external candidates. Even internal candidates are taken for a ride. Recruiters will be fired for being... — read more 


H1B justification

Rumor has it that state street posts the positions after a U.S. employee leaves for 30 days but either freezes or pulls it so they can justify adding it to the H1B pool. Anyone believe this to be true?


Bravo Thank you awards - $0

Anyone else think its a slap in the face when you get 0 point Thank you Awards from BRAVO? whats the f'ing point. Just another way SS is cheap!

Layoffs

More layoffs to be announced apparently during ER call. They will use the words that the Street wants to hear. More investments in AI even though excel macros are still the drivers of automation


New hires update

Well Ron , you have lied to the flock! State street is hiring contractors and you know what that means there are no internal jobs they want you to quit or get terminated so you don’t get a package. Bravo suspensions, how cheap can it get? Quote the... — read more 


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| 2800 views | | 5 replies (last September 25)
Post ID: @OP+1k4qjnax6

Senior Management

I was in a meeting with some senior managers last week. MDs and SVPs mostly. I was reflecting on just how bad quality managers we have. How could this happen so quickly in the last 5 years ? A bunch of yes men/women with no courage or attributes


Twilight zone episode The Brain Center at Whipple's

The W.V. Whipple Manufacturing Co. introduces a new automated manufacturing machine that will eliminate 61,000 jobs and the company's president, Wallace V. Whipple, is quite proud of his achievement. Not everyone agrees with him, especially the loyal... — read more 

Is AI causing layoffs at SSB or is it not?

There have been several articles … one in Boston Globe and at least one other in Ignites where it stated that layoffs were due to increased efficiencies of AI at SSB. However just the other day Ron stated the opposite when asked why employees should... — read more 

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