Be sure to shut off the lights Don’t want to waste energy. It’s pretty much a done deal. I’ve ridden on the ship ten years and each time I think it will improve it actually gets worse. I can’t get to shore off this sinking clipper fast enough... — read more
The great resignation
It’s real. They know they are in trouble.
Is anyone out there finding
Any job out there that will Hurd STT employees? I am trying desperately to get a new job. I have the skills credentials and experience. There’s jobs out there but no bites. Are they ghost jobs for pretend?
With is going on?
It’s non stop all day just push push push I can’t take it anymore I can’t find any job out there either. I have the credentials and skills Is anyone gearing any interviews? It’s as if I’m invisible.
STT will be taken over by TCS and interns according to the townhall meeting?
So STT will be taken over by TCS and interns according to the townhall meeting? Then why just move STT to Indian? There are plenty of banks here can take over the STT business in US.
How to negotiate a raise?
I would try to negotiate my raise if I thought that there is a 1% chance to negotiate successfully or not be fired soon after negotiating. However, if I don't get a better job soon, I'll try, whatever happens. Is there anyone here who has managed... — read more
Bonus and raises 2022
Yep.. As expected my group got a big fat zero for 2022. Zero raises for the past 5 years and as a result i am starting to see few farewell emails from my peers in other groups. Seriously, most of us that have stayed on took on more work and grind... — read more
McKinsey project
I left a while back. Right around that time some McKinsey ghouls were in, trying to get everyone to come up with "efficiency" ideas. Just wondering how'd that go?
Fairness?
Maybe there used to be some fairness here, but it's long gone. Wrong people are being promoted, while others are not even clear on what's the right path to get promotion. People put in extra effort and the only thing they get in return is more... — read more
Is getting promoted worth the effort ?
I’m very focused on getting promoted. I'm doing the best I can. On the other hand, there are many who tell me that maybe it's best to give up on that idea because even if I manage to get promoted, I will just get more work and nothing more. I find it... — read more
How to file complaint to labor department if STT move my job to offshore and layoff me
I am seeing this is happing after spending long time training the offshore team. But does this means STT is violating American first labor policy? How to file a complaint to labor department?
What is the rumor on raises for 2022? I’ve heard MS, JPM, GS are giving decent raises to align with inflation
Will state street give out such raises? A 2% raise won’t do much, but getting 15-25% will help with inflation.
What is the difference in the Titles
Some of the titles make sense other seem to be created . The old motto " I keep give you a raise but I can give you a title Senior Vice President Vice President Assistance Vice President ??? Officer ?????? Then a newly created... — read more
What if someone wants to be laid off?
I’ve been trying all these years to be as good of an employee as possible but I’ve gotten sick and tired of everything here. I wouldn’t want to leave without package and I’d love to leave as soon as possible. I want to be on the list of next layoffs... — read more
The most chaotic place of work
I've worked for a number of investment firms and I can tell you this is by far the most chaotic place of them all. Considering the lack of streamlined processes, I sometimes wonder how anybody gets anything done. Add to that poor management and the... — read more
What percentage of the company will be laid off after the upcoming financial collapse?
My bet is there are deep cuts in layoffs. I’d say 20-25%. And I’m thinking the stock market collapse takes us into a depression for at least 10 years.
Does it depress you that everything you’ve worked for…..
Will be eaten away by inflation, higher taxes across the board on everything. Basically, you will have worked you entire life and pretty much have nothing to show for it. Even that 2.3 million dollar straight front colonial in the “it” town won’t... — read more
Why do some people change jobs so often….are they really afraid of being laid off?
I noticed some people only stay in a role for 1-2 years and then change jobs. Is this normal at SS?
Was this always too much of a political place?
The thing that bothers me the most at State Street is that this place is too political. Has it always been that way or...?
STT 2022 layoff and early retirement
Anyone has information on STT year 2022 layoff plan? Does STT has a early retirement program for those 55+?
Maybe it’s high time to start caring about other things too?
Since it is obvious that State Street is very worried about employees being protected from the virus, my only hope is that State Street will soon start taking care of other things that bother employees. For example, other stress-related illnesses... — read more
Inclusion for people with skills
Does it seem to you that this company has become inclusive for everyone except for people who are great at what they do, who have knowledge and skillset? It seems to me that it has never been more undesirable to have skills than it is here now. No... — read more
Going to work for direct competition
I came to State Street from a company that was not a competitor, and now I have received a very tempting offer from direct competitors. I talked to people who also crossed over to competitors and they all tell me that there was something very... — read more
Got sick, but my manager rejected my sick leave at STT. What should I do?
I got sick badly and applied to use some of my sick leave left. But my manager in STT rejected my request. What should I do?
Does State Street have a plan for that?
I do not believe that in the end many people will leave because of the vaccine mandate, but I think that their number will not be small. I'm just wondering if this company has a plan on how to attract replacements, since it's no longer a very... — read more
State Street Layoffs 2022
This is a master thread about State Street layoffs? Any chatter, news or rumors?
Redundant positions
I just wonder how many people will become redundant because of merger?
Wow… look at this article about State Street not wanting to hire a certain class of people , people …..how do you white men tolerate this?
https://www.dailymail.co.uk/news/article-10174235/Bosses-one-worlds-biggest-investment-firms-need-special-approval-hire-white-men.html Wow… look at this article about State Street not wanting to hire a certain class of people , people …..how do you... — read more
When is the State Street / Invesco merger happening ?
Will duplicate roles be eliminated? Is that why the GC left? She wasn’t there for that long.
Underpaid?
Since I have more and more work almost every day, I feel more and more underpaid. From talking to some friends who work in other financial institutions, State Street seems to significantly underpay its employees. Did you make any comparisons? I... — read more
Can my manager in SST fire me for unable to complete COVID vaccine in a week ot two
My manager has threatened to terminate me if I cannot complete vaccine shot in a week or two. Is this legal in NJ or MA?
C.O.L.A.
Think State Street does anything for their employees to offset for inflation?
Talent Bank?
What happen when you are put into the talent bank? Do it mean you are on your way out?
Be honest
Was State Street once a great employer? I've been here for a few years and all I have are bad experiences. But some of my older colleagues keep swearing that this was once a great place that respected employees and treated them as an asset. It's hard... — read more
Is there anyone who would want to come back?
I’m 99.9% sure there isn't anyone who would love to come back here after they’ve been laid off or after they’ve left this ridiculous company on their own.
Leave on your own terms
There's no point in staying and building a career here. The longer you stay, the bigger problem you become for the company. When layoffs come around, chances are higher you'll be affected than not. If you don't leave on your own, they'll make sure to... — read more
Are they trying in any other way?
I mean, did it ever cross their minds to try to keep some jobs and some people? From what I've noticed so far, their business strategy equals cuts, putting pressure on people to leave on their own and that’s it. Such a strategy can be implemented... — read more
Tired and depressed
I am glad for those who left and found better opportunities, but I also envy them a little. I'm so tired that I'd most rather do the biggest stupid thing - give notice even though I didn't find a new job. I just don’t have any motivation to work. I... — read more