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 

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?

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 

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 

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?

Will state street give out such raises? A 2% raise won’t do much, but getting 15-25% will help with inflation.

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 

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 

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 

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.

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 

I noticed some people only stay in a role for 1-2 years and then change jobs. Is this normal at SS?

The thing that bothers me the most at State Street is that this place is too political. Has it always been that way or...?

Anyone has information on STT year 2022 layoff plan? Does STT has a early retirement program for those 55+?

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 

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 

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 

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?

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 is requiring all employees be fully vaxxed by 12/22 or face voluntary resignation in January with no severance or unemployment. Problem is 50% are still not vaccinated. Bend on your personal beliefs and you get to stay and watch the... — read more 

This is a master thread about State Street layoffs? Any chatter, news or rumors?

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

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 

Will duplicate roles be eliminated? Is that why the GC left? She wasn’t there for that long.

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 

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?

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

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

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 

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.

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 

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 

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 

If you have a job that requires you to be in the office, what happens if you do not get vaccinated by the 17th?

Not sure how many people are holding on until they are retirement (or early retirement) eligible. I’ve got less than 3 years and I’m just keeping my head down so as not to be singled out for the slightest things. To be honest, the thought of spending... — read more 

Expecting the tap on the shoulder anyday now. Assuming you get to the end of TM without an offer, what kind of package do they pay out? Is it different in Ireland and the USA?

I haven't heard anything about more layoffs, so this is not about that. I'm just trying to plan ahead just in case and I'd like to know how things work. Have there been any changes to severance in the last year or so? How long does it take to receive... — read more 

Does State Street really think it saves money if people have such bad training? I would not even call it training. It's a shame really. My opinion is that a company in this way can only lose customers, trust, and ultimately - money. The company's... — read more