It has been 3 years since I left Statestreet. I didn't bother to write about this. My mother worked in fund accounting for 18 years, was laid off right before she retired. 4 people in India failed at taking over her job, so they called her back. Let them rot. Even the client called her cellphone. My brother was laid off about 10 years ago, working the macro group and I was laid off in 2021 right after SSB was allowed to by the fed. Wanted to hit up HR on it. but wow. what are the odds.
5 replies (most recent on top)
I heard from finance stt has a large discrimination and labor violation law firm on retainer.
@Post ID: @OP+1p3jxfZ0
I hope your mother demanded a big raise more vacation time before coming back.
The reason I asked is I seem them rehire people they laid off only to lay them off again with in 1 year.
Remember this company only cares about using workers then spitting out workers .
Looks SS compliance has been secretly monitoring employee outside activities. Heard someone was let go due to outside activity even it is totally fine by labor law. The question is how compliance knew employee outside activity even no one in SS knew it. Can the guy demand compliance to provide prof on how they learned the person's outside activity?
Let the India staffs' subpar work bring down the State Street brand. This is the best case I am hoping for.
As I have stated before HR works for the company keeping a list of people who complain too much (No offense) The only time HR would be on the side of a worker is when the worker has proof of wrong doing and is going to sue them big time.
Why do you think this company settles out of court ? To avoid bad news publicity .
And the few remaining people I know have said the same thing, the quality of work being done by H1B Indian workers and India staff in India is very subpar