Well now I know where my raise and bonus went. State Street to pay a $382.4 million fine and penalty for wrongdoing related to FX mark-ups on FX trades executed for custody clients. No you are not reading this wrong and no its not a typo. $382.4... — read more 

In making this announcement--jamie Dimon, JP Morgan's CEO said the increases "are the right thing to do" . Will State Street follow this lead and offer similar pay and benefit increases to its workers? Come on Jay--join the big leagues and follow... — read more 

Is it just me or is State Street becoming more like a men's locker room and "old boys club" than a diversified place of work where effort and ability thrive and succeed?

Well here we are at the mid point of 2016. We have all just completed our mid year reviews. Jay should get a mid-year review also. State Street's stock price is down 18.9% year to date. So it seems the market place is giving him a "1" rating. What... — read more 

Jay's love of golf is well known. Has his handicap been holding up this season?

Today's UK Brexit vote is not good for banks including State Street. Bond yields are dropping to all time lows which is bad for bank (State Street) revenue. Watch out State Street worker--more job cuts appear inevitable.

They are outsourcing EVERYTHING!! Mumbai, Pune, philippines etc, what's next? Vietnam and Thailand Last one standing please close the lights. Outright disgusting how this is unfolding.

I am starting to get really concerned about my ability to retire comfortably given all the layoffs and job uncertainty plus poor salary increases that I have been experiencing at State Street. Can anyone offer me any reasons not to be concerned about... — read more 

CNBC had a segment today which described a company in Silicon Valley where the employees vote on whether or not to the CEO keeps his job. In my view this approach would ensure that CEO's balance the interest of all involved (employees, customers and... — read more 

That is just wrong to include outsourced workers to State Street employee count. It just doesn't make sense to me. I am opposed to so many companies outsourcing and believe that the government needs to have a limit of how many employees can be... — read more 

As part of the recently announced outsourcing if services by Allianz investment Management--350 employees will be joining State Street. Is there any advice that we can share with them about the company they are about to join?

What can one expect on the day of being layed off? I know a person typically doesn't know in advance whether they will be severed or not, but how does it typically go down? Any insight from someone that has actually gone through the process would be... — read more 

How sad some layoffs are going to happen in Dec during the Christmas holiday Looks like the Grinch is still alive and making his layoff list

When will this ever stop? Latest news--William Gavin has filed a suit against State street for overcharging it's clients. Check out today's Boston Globe article or you can read about it on Bloomberg. Reuters etc etc. As the internal emails cited in... — read more 

I can't help other than to ask the question..."Why?"

https://www.bostonglobe.com/business/2016/03/29/state-street-official-pegs-staff-reduction-workers/89HmTzw98F6AvUCVyA9A4I/story.html

Just announced--check out the WSJ article. When will the embaressment for this once great company stop?

Hey anyone know why SSB is still keeping the Westboro data ctr open ? I mean they spent a fortune on building the state of the art Grafton data ctr From what I heard Westboro is obsolete

Interesting most the employees I know had declines higher than %40. What a "generous" gesture from management making millions ... and trying to improve stock price with layoffs and stock buy back.. which is a sign that you have no idea how to grow... — read more 

Following news story in Bloomberg Two former executives at State Street Corp. were indicted in what the U.S. Justice Department said was a “brazen fraud” involving secret commissions applied to billions of dollars in securities trades. Ross McLellan... — read more 

https://www.bostonglobe.com/business/2016/03/29/state-street-official-pegs-staff-reduction-workers/89HmTzw98F6AvUCVyA9A4I/story.html

Looks like the money was used to buy the following company So State Street will add the number of employees GE Electric Co asset mgmt to its own. There for claiming an increase in the number of State Street employees (lol) Goot State Street Corp... — read more 

State Street Corp. believes that it will have to shrink its workforce by up to 7,000 workers by 2020, through layoffs, turnover and moving employees to new ventures as it tries to reshape itself into a more technology-driven company. The Boston-based... — read more 

Rumor has it State Street might be selling their state of the art data center in Grafton. I thought this was suppose to be their DR site ? Maybe they decided since they outsourced to IBM, IBM has many DR sites .

State street has lost its mojo. I long for the day where energy and positive attitude counted for something. Senior management is in lock down trying to squeeze out every last drop of cash before they tank the place

State Street ranks No. 28 on the Kansas City Business Journal's Top Private-Sector Employers List, with 1,518 full-time-equivalent employees in 2015. In a 2013 story, the local presence was referred to as the largest outside the Boston area. Kansas... — read more 

My gig there was a 30 year run. Last week a HR rep informed me of a position in SSGA. It was a first line manager position (title I had before my release)and after HR sent job description I informed HR it was a good fit. On 3-17 a resume was sent and... — read more 

It was the company everyone wanted to work for because of its excellent pay and benefits. Recruiters would constantly call asking workers about any openings in their dept. Hell some recruiters would offer to pay you for information about job... — read more 

Can someone help me make sense out of this: Chief Financial Officer Michael Bell said last month that State Street aims to replace outside consultants with full-time staff

The company seems to freely spend money when it build a new office bldg on the Boston Waterfront. They have offices small and large scattered throughout Boston and Quincy. Maybe its time to consolidate some of the buildings if they truly want to say... — read more 

I wonder how many major mistakes are being hushed up to avoid panic among the clients. From what I heard the quality of the new support teams in India and IBM leave a lot to be desired. Unlike the dedicated U.S workers who gave their all each day... — read more 

Pretty sad.

Seems very high to me from my informal poll. I know 8 females and 3 males. There is a lot of luck of who you have as a boss and how well you get along. Pretty scary that you are one bad boss away from getting handed your walking papers even after a... — read more 

Are all three units affected - I do not work for the company.

Miserable place to be for the last few years. I still haven't recovered since getting kicked aside in 2014 after more than 20 dedicated years. These execs should be ashamed of what they have done to a great company and the dedicated people who made... — read more