Topics regarding layoffs at State Street Corp.

Topics regarding layoffs at State Street Corp.

What roles in STT have the most trasferrable skills?

Been working at STT for less than a year, and so far no much complaints, but curious about roles where you pick up skills if you want to move on to other employers. Also, how hard is it to earn up to 120K here?

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| 2730 views | | 6 replies (last November 3, 2022)
Post ID: @OP+1jdvoiAg

Being asked to return to office?

My team was abruptly told to return to the office, effected immediately. Curious if anyone been asked to go back. Allowing employees to work remotely is only benefit that saving the company from loosing employees. Why yank it away from them when it... — read more 

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| 3610 views | | 14 replies (last November 11, 2022)
Post ID: @OP+1iY1I3ib

Did anyone get more than SSB Announced?

4 of my 5 team members got the same %, anyone see anyone get anything outside of what was in the announcement? The 5th did not due to a recent promotion.

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| 2980 views | | 9 replies (last October 13, 2022)
Post ID: @OP+1iVj9FSZ

State Street is not a company employees want to work for anymore. It is failing and people have/are jumping ship, or doing bear min

I have been trying to figure out what exactly is the biggest issues with the company and I've narrowed it down to: 1-hyper focus on cost cutting at the expense of everything else: there are not enough people with skills and knowledge at State... — read more 

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| 4320 views | | 8 replies (last September 7, 2022)
Post ID: @OP+1ijSAaoh

Micro aggressions?

Anyone know what that’s about in Quincy?

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| 2270 views | | no replies yet
Post ID: @OP+1iaBj89i

Couldn't it stay that way?

This used to be a company where most employees felt valued. At one time, loyalty, hard work and competence were valued and rewarded here. I wonder why it couldn't stay that way? Today this is a totally different company.

We need a younger workforce

I know I'm going to get hate for this, but it needs to be said. There are too many old people working at State Street who are holding the company back by being stuck in the old ways and resisting any kind of change, even when it would be beneficial... — read more 

I can assure you all

There is indeed life after STT. I left after a decade plus of working king and hard with a high degree of excellence. I kept hoping STT would get it’s act together. They did not I got an interview immediately and was hired within a day of my third... — read more 

You're always working

State Street doesn't give a damn about its employees. This is a toxic and stressful workplace I wouldn't recommend to anybody. They want us to be available all the time, weekday, weekend, day, night... You can never relax during your time off because... — read more 

Boost employee morale

There are fewer highly skilled employees and morale is very low. It is worrying that the management completely ignores it, or at least that is my impression. Is it so difficult for State Street to do something to boost employee morale?

Consolidating offices in Qyincy ?

Is the rumor true they will be consolidating their offices in Quincy to save money ? They seem to have a few redundant offices in Quincy, which they could move staff into other buildings in the area

State Street needs leaders with vision

It's become miserable to work here because our leadership has no vision. They seem to have completely lost their direction. Do you too think that we are just very lucky that things aren't much worse here, given what our leadership is like? A... — read more 

Slave Street

Anyone surprised how little work is done at a new company after leaving Slave Street? Ever worked so hard that you developed awesome multitasking and process improvement skills that makes your new job a piece of cake? That certainly was the case for... — read more 

I'm feeling exhausted

Sorry for my venting, but I don't know how much longer I will be able to work at this pace. Without exaggeration, I have been working for two or even three people for months now, and I can't get a better job. I almost don't have any work-life... — read more 

Better jobs are not just better paid jobs

Many people point out how much more they are getting paid since getting a job in some other company. Of course, pay is very important, but it is not the only and most important priority for everyone. Besides getting paid more, I'm more interested... — read more 

I want to be layed off from state str

Are any layoffs coming soon? I am hopeful, I doubt it though since the entire bank is chronically understaffed. I’ve gotten so sick of the huge workloads, discrimination, finger pointing and blatant lack of respect state has for the people working... — read more 

how's your India team working out for you

Mine started with 7 people on the team. There have been multiple turnovers and so far this year one person has quit and there are two pending resignations. I now have five employees. Two came on recently. It's the same vicious cycle every... — read more 

Work smarter

I’m not a newbie at State Street, nor is this my first work experience. Despite all my previous experience, lately I can barely cope with a huge amount of work. It really isn’t a job for one person. And then some advise me that I should work... — read more 

Contractors hired as permanent employees

My friend works here as a contractor. It may not be the right place to ask that question, but I would like to know if anyone knows what's the possibility is of a contractor being hired as a permanent employee? I don't know of any such case, but maybe... — read more 

Vaccine and Booster requirements and in office

Does anyone know if state street has or is planning to actually enforce these? I know they said you need to have a booster now in order to get in the offices-in North America at least, and that you need to be in the office if that is your role but I... — read more 

Move on everyone!

Just leave there. I left two years ago and have a new career now. It is not worth all the complaining, they do what they do. It will never change. We were told our replacements make 4-5 grand a year for the jobs we trained them on. And they do not... — read more 

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| 2960 views | | no replies yet
Post ID: @OP+1fu8fNjh

How do you get everything done?

Given that the workload is significantly higher and some even complain that they are now doing a triple workload, I wonder how you manage to get everything done? After my colleague left, I got only a part of his job and honestly, I barely manage to... — read more 

Bonus payout date

Anyone know when bonuses payout for SSB and CRD? Hoping to receive my bonus then resign

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| 3070 views | | 6 replies (last April 11, 2022)
Post ID: @OP+1fruJptO

Is TMP 60 days or 90 days.

I was told it is 60 days for VP and 90 days for AVP and below. Is this true? Can someone clarify or point me where I can find the official information.

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| 2570 views | | no replies yet
Post ID: @OP+1fndC070

Recent BBH fireside chat

Did any current BBHers who were former SSB employees attend the employee career meeting on 2/16? How much of it was hot air? I used to work at BNY and have nothing but a bad opinion of employees at SSB. I'd love to hear opinions, career trajectories... — read more 

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| 3500 views | | 5 replies (last April 29, 2022)
Post ID: @OP+1fmmywEa

How Will STT continue if no one is here

Had more people reach out today to confide in me they are upset about end of year and the lack of recognition STT gives and are now also leaving. Everywhere I look teams are severely understaffed, some comments I've heard over the past week: 'this... — read more 

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| 3140 views | | 12 replies (last February 24, 2022)
Post ID: @OP+1fmSbN6Z

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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| 2680 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

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