State Street used to layoff the first Tuesday of the month, is that still going on? Will I be ok? I've never been fired or laid off before and I'm scared. I've been trying to get a new job but the market is brutal.

I was let go for performance but I feel I was discriminated. Anyone fell for this also? I know others were able to move around and it seems that's the norm but I was not able to find a spot to move. Thanks,..

I refused mine since it was garbage and plan on legal action to get a decent offer. Can you guys share what was your severance package looked like? Thanks in advanced.

As long as severance is half-decent, it feels like we're at a point where getting let go might actually be better than staying. Especially if you're on a team that's been hit, since now you're just expected to take on even more work with zero reward... — read more 

If you were let go, please share area.

worst part, the usual bozos working this place, svp and md, are the culprit but because they know how to work state street, usually blaming their own workers, they get to skip the layoffs. I had people not having any idea about excel or powerpoint... — read more 

Not sure how many but I heard it I will be a noticeable amount.

This company is fundamentally a scam. It's continuously changing and declining. Worst is yet to come. Offshore locations like India and Poland completely out of touch and control. Errors are amassing at a dangerous pace. The glory days are a thing... — read more 

This place su-ks. I do my job and out by 5pm. I don't bother with their "reviews". Nor do I prioritize. This place offers zero bonus nor raises. Avoid this place.

Avoid this place. Not only do they do random layoffs for no real apparent reasons, we have many people of all levels of management leaving the company as well, including SVP/EVPs. Look it up.. Takes alot for these people to leave but this place is... — read more 

We shouldn't be complaining too much about not receiving any raises or bonuses. At least Ron is doing well. As Chairman, Chief Executive Officer and President at STATE STREET CORP, Ronald P. O'Hanley made: Year 2024: $16,715,967 in total... — read more 

seriously worst company I worked for. Extremely top heavy management absolutely clueless. They spend alot of time tearing each other down. Unbelievable nonsense actually. Most give out nonsense work just to waste time.. I don't get this logic other... — read more 

With State Street being notorious known for doing layoffs, how are they getting away from not submitting WARN? https://www.mass.gov/info-details/worker-adjustment-and-retraining-act-warn WARN for Employers As an employer, it is your... — read more 

Just got the word two of my teammates got the pink slip this morning.

State street is a joke of a company. Financial reporting leaders are always acting like it’s not their fault. India workers can’t do anything. Pathetic

And no raises working in the division that makes bulk of the company's revenues. The joke went from comedy to tragedy really quick.

If you live in Ireland, Poland, India. If you live in the USA State Street wants to be rid of you, erode the tax base, and hire foreigners.

I tell ya, this company takes the cake and ice cream too. TCP numbers are out today! Yay! What a great year we have had they say! Um, did we forget about the su-kers who made it happen? No merit, same bonus (which we honestly count on as part of... — read more 

Charles River Development, one of the companies State Street acquired, just dumped a bunch more US employees, and moved the jobs to Ireland. Bravo State Street! Lets keep eroding the US tax base. Suggestion to people applying to State Street or... — read more 

Why am I reading about layoffs happening yesterday? We haven't heard anything and nobody in our team was affected. Does anybody know if this is something that actually happened and if so, what was hit? Also, should we expect more cuts throughout the... — read more 

I think Ron should split his entire bonus one year to all of the company employees. Maybe they will try and force us to get another shot. Don’t do it! More work less pay and no reinforcements on the way but hey kids out of school with no knowledge... — read more 

Had a meeting in the john adams building today and the entire 4th floor is all Middle East or indian males. Walked by no less than 200 people and not one was a poc, female or caucaisan. The person I was meeting with took me for a tour after our... — read more 

Heard the new year will come with layoffs. Shocking. Not. Happy Holidays!

Are the senior managers dictating the average "3" rating for the employees to control the bonus payouts towards the lower end.

I heard the last layoff date was 11/18-but not seeing anyone post, anyone get laid off?

Nov 13 or Nov 20? - a Wednesday convention? Can we negotiate an earlier TD?

What are your thoughts about potential State Street layoffs? Any chatter, news or rumors?

I know November 20th is the last schedule staff reduction date for 2024, but has anyone heard anything on them continuing into next year?

I am not a big fan of Unions but I think ib this case lower level employees would benefit if State Street Corp was a union shop. Bet we would have better benefits and perhaps a raise that actually makes a difference. Anyone ever attempted that ?

I've heard some people received their notifications, does anybody here know more about it? Was it just a few targeted people or was it something more significant? Is it over or can we expect more tomorrow? I hate there's so little transparency from... — read more 

If you really care about yourselves and your mental care, get out of here. I am free of this joke of a company since June.

Not sure any other offices are the same, but after a month in Quincy, I am not seeing full compliance with the 4 days in the office mandate from more than half my department. My SVP told us to basically do it for another month and if no one else... — read more 

Has anyone heard how they’re policing the new change in RTO? The first one was a big joke once everyone found out they weren’t being tracked or penalized. Does anything change with that come June 30th?