Topics regarding layoffs at State Street Corp.

Topics regarding layoffs at State Street Corp.

Last one out

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 

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| 3260 views | | 8 replies (last March 6, 2022)
Post ID: @OP+1feaP6XO

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?

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| 2690 views | | 10 replies (last February 18, 2022)
Post ID: @OP+1fec1ySu

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.

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 

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| 2550 views | | 6 replies (last February 17, 2022)
Post ID: @OP+1f5cELey

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?

by
| 2470 views | | 1 reply (January 28, 2022)
Post ID: @OP+1f0IT8Q1

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 

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| 2190 views | | 4 replies (last January 30, 2022)
Post ID: @OP+1f0icSgT

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 

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| 2600 views | | 9 replies (last January 26, 2022)
Post ID: @OP+1eUfEQ25

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 

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| 2180 views | | 4 replies (last January 19, 2022)
Post ID: @OP+1eJKZN02

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 

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| 2950 views | | 9 replies (last December 27, 2021)
Post ID: @OP+1eepBlC7

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 

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| 3770 views | | 9 replies (last January 22, 2022)
Post ID: @OP+1dYZJnxI

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 

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| 2550 views | | 2 replies (last November 23, 2021)
Post ID: @OP+1dUJn4e4

Redundant positions

I just wonder how many people will become redundant because of merger?

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| 2410 views | | 5 replies (last November 23, 2021)
Post ID: @OP+1dKNfD3d

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 

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 

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| 2660 views | | 5 replies (last October 23, 2021)
Post ID: @OP+1dkkfPNZ

C.O.L.A.

Think State Street does anything for their employees to offset for inflation?

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| 2490 views | | 8 replies (last October 15, 2021)
Post ID: @OP+1deuVz8n

Talent Bank?

What happen when you are put into the talent bank? Do it mean you are on your way out?

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| 2270 views | | 1 reply (October 10, 2021)
Post ID: @OP+1dcV4NRW

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 

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| 2620 views | | 9 replies (last November 7, 2021)
Post ID: @OP+1dc5xIty

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 

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| 2420 views | | 4 replies (last December 14, 2021)
Post ID: @OP+1cVkaqaL

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 

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| 2410 views | | 5 replies (last September 21, 2021)
Post ID: @OP+1cSo2Xkk

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 

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