Thread regarding State Street Corp. layoffs

Dysfunctional Management - The place is a bin fire

Ive worked for this company for longer than a decade and every single management team Ive worked under has been dysfunctional. State Street does not promote internally, they always go to the market for the latest shiny people and they come in clueless and cause chaos being parachuted down on people already in their roles. The diversity initiatives have also given the company many seriously incompetent female leaders. Seriously, if you are an average working male you are sc--wed in here. SVPs are made redundant leaving whole teams leaderless for months. These teams fumble on and no one takes any accountability. There is a culture of ¨denial¨ at the top as they all try and survive the chaos in the place. Communications are awful. They destroy careers in here, they leave people on the scrap-head internally but still in a job (day after day of awful, mindless purgatory!). No one cares! The place will make you ill and a nervous wreck from looking over your shoulder.


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Indian consultants come into the office sick. Sharing flex desks so everyone else can get sick to in order to follow the RTO rules. This place su-ks!!!!

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