Everyone rise and applaud our CEO for steering the ol' clipper into the promised land. We should be happy our efforts provide him with concierge type living that we can only wish, hope and dream of on a vacation.... So NOON today stand up show your... — read more
State Street 4thq rises do we
All know who that benefits but cost have risen so we know who that doesn't benefit..... Funny how it always seems to go that way. Where's our cut in the profits?
State Street Loses $1 Trillion of Blackrock Custody Assets to JP Morgan
Just announced--all of the cuts to staff and poor technology have finally caught up with the great old Clipper Ship. The ship is taking on water now at a very fast rate. Jump overboard while you still can save yourself. $1 trillion of assets under... — read more
So what happened?
We had a post here the other day with impending doom of a Falcon landing. Not talking about ATL either. Stop making up lies, if you hate your job quit. If you lost your job, move on make comments to your new company. Does anyone have any new insight... — read more
Sure would be nice if our
CEO was at that business leader meeting with our new Potus this morning....
M A G A
Hopefully a new day is dawning and even we can catch a rising star! Good luck America America first!
Shouldn't congress be looking into
STT like they did with the CEO of W-F? He eventually "retired"
When does karma come for them?
Shouldn't the SEC be investigating like with Wells Fargo the CEO "retired" isn't this similar? Only this was blatant trying to defraud.
Here from marketvwatch Stunning how does the upper crust still hold on? I want that life preserver!
On January 18, 2017, the U.S. Department of Justice announced that State Street entered into a deferred prosecution agreement and agreed to pay a $32.3 million criminal penalty to resolve charges that it engaged in a scheme to defraud a number of the... — read more
Another SST scandal and fine in the business section
State Street Will Pay $64.6 Million, Name Monitor After Fraud [Bloomberg] David Voreacos BloombergJanuary 18, 2017 State Street Corp. agreed to pay $64.6 million and cooperate in the U.S. prosecution of former executives, while admitting it... — read more
Shouldn't the governor and local leaders be concerned that basically 2000/ppl a year in the next three years will lose jobs from the supposed
top employer in the commonwealth? Doesn't that draw any red flags from our local news media outlets? Where's the outrage? If it weren't the private sector or aghast big banks everyone would be all over this story! The T bailed out the CR and they... — read more
Seriously,is there any growth potential within STT?
I have been there five years I make 42000k (don't laugh) I do a terrific job and I am being overlooked. Is it just the lack of growth or is it me? Anyone with insight and no facetious attitude I'm looking for real advice. I am looking elsewhere with... — read more
January 25, 2017
Get ready boys and girls!!! Several executives are talking about January 25, 2017 (code name: Project Falcon). I would suggest having your personal belongings packed up and ready in case your number is called.
2017 so Quiet or is it?
Looks like its been quiet here at SS or is it a calm before the storm. Who knows?
1000 Carrier Jobs Staying in Indiana---7000 State Street Jobs Moving Overseas
Net impact---US workers down 6000 jobs! All thanks to the management team at the once great clipper ship.
Happy Thanksgiving and remember to be thankful you still have a job.
Can't count how many times I've heard that over the past few years. Makes me sick to my stomach each time I hear it from anyone AVP or above.
State Street Layoffs 2017
How about some modesty and humility on the executive level, now that they are talking about layoffs and major job cuts in the corporate in Boston.
Can President Elect Trump Help Save State Street Jobs in America?
Ford just announced it will be keeping a major plant open in Kentucky. President Elect Trump tweeted that he worked closely with Ford's CEO to ensure that American jobs are saved. We should all contact President Elect Trump and ask for his help in... — read more
Make State Street Great Again
We now know major change for the people is possible. Let's extend last night's political result into the corporate world so that we can all work together to "Make State Street Great Again"
Christmas pink slips
SST will probably start handing the employee's their pink slips as a gift from the Ceo and Board And who says SST doesn't give out gifts during Christmas
Since we are all sharing stories, I can't resist sharing this one...
I once had a super-hyper and intense drill sargent-type boss who was quite high up the latter and had his hands in quite a few big deals. He was quite capable to solve problems and drive projects but had very little class in dealing with people and... — read more
Daily Lay Off Reporting
Let's report all specific lay off action. If we see any or hear of any actual layoffs let's report it here. A co-worker, manager of junior staffer. Report it here. State Street generally layoffs in bunches so if we learn of specific layoffs we will... — read more
The token BELL-CURVE excuse
Just out of curiosity, is anyone out there a consistent victim to the annual 'bell-curve' excuse which basically plagues the heart and soul of the State Street annual evaluation procedure making it absolutely impossible to surpass a 3 rating even if... — read more
Today's Townhall
I missed today's call, was there anything good, bad or indifferent worth noting?
Top Charitable Company
Street Street was recently named a top charitable company in Massachusetts. Our CEO Jay Hooley graciously accepted the award on behalf of all State Street employees saying that charitable giving is part of the State Street culture. I have thought... — read more
November and December 2016 Layoffs at State Street
November and December 2016 Layoffs at State Street - State Street always wait till Nov and Dec to give out the bad news. God forbid they wait till after the Thanksgiving and Christmas holiday. The stress levels will hit the roof by Nov and Dec when... — read more
For those in their 40s and above
Start planning your exit by updating and sending out your resume and mentally prepare for your move. Sharpen your personal marketing skills! The clipper ship is not what it use to be and it will continue to get worse, especially for those in their... — read more
Taking Vacation
The last few years I have hardly used any of my vacation. I am scared to ask my manager for the time off and afraid that I will be laid off if I don't continue to work without. I am stressed out and need a break--any suggestions what I should do?
SST comes up with new cost cutting ideas
The following is a list of new cost measures that SST will start within a few months Pay toilets 50 cents 2 Paper towels 25 cents per sheet 3 Chair rental 50 cents per day 4 $5.00 to park in the SST lots 5 Coffee and tea will no longer be free $1.00... — read more
Summer Social "treats".
Was everyone as happy with their crackerjacks and cotton candy as I was? Such a considerate and heartfelt gift. Those treats were just what I needed, and really got the motor going.