If I got this right, not everybody will be notified right away? If that's that the case how long will we have to wait to know if we're safe or not? Do they really plan to keep us guessing and stressing for the better part of the year? I can't see what good can come out of that.
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The SSB Help Desk...what a joke!! You call them,placed on hold,finally get an agent,you review all of the details of the issue you are reporting,you are subsequently transfered to a second agent who asks for same info all over again, if it is not on their predefined script,they are over their heads, need a pc reboot,they can't even handle that,totally incompetent!
@Post ID: @obyw+1911K5sx
One of the biggest complaints I am my coworkers have, is the lack of knowledge and problem solving at the helpdesk.
You spend 5 + minutes on hold, then another 10+ minutes with a total clueless person who 90% of the time. Opens a ticket gives you the number and tells you it will be passed on to a tier 2 person.
A few times I have had to tell them sorry, I need to talk to a person now its a critical matter.
When I was there I had a large group of people I interacted with in other departments.
So when the layoffs started we would call each other to find out who got the ax.
They then would call people they knew in other departments which I did not know.
Mgmt is not going to send out a list telling you what department and building and city got hit with layoffs
@1qaz+1911K5sx
Does anyone know the percentage of employees at SSB that are working in the US and the percentage of workers that are located in India, foreign countries, etc. I couldn't locate this information anywhere. It is very sad that so many of us have been displaced or fired and given a couple of month's notice. I don't know how it is possible that SSB has not lost many of their clients. They must have a group of very competent but still over-worked employees still working in the US. Many of my connections still work for SSB or left a while ago to pursue other positions where they are earning a considerable amount more and much happier.
Post ID: @1qaz+1911K5sx
You hit the nail on the head. They’ve been waiting to get rid of American workers since Gates and Welch.
Not just STT it’s everywhere.
Strangers in a strange land.
The proverbial man(and women) without a country (or job)
Dark dark days ahead and stormy waters.
You will not know if you are safe of not. Been doing the same for years. I got called in 2 yrs ago, they gave me my 60 day notice.
Yes. Guessing and stressing. Always case here and has been like that for years. Grab life vest or update resume and leap
It is very understandable that companies are getting more foreign workers. Just from career networking point of view, it is much easier for people who came from the same city/town to build good relation when considering managers are also come from foreign countries.
Yeah, I read your post and reflected on it for several minutes, and you're right - it IS racist to notice that the company has brought in a lot of foreign workers and displaced so many of our nasty American colleagues. It's time for those nasty, white Americans to feel some pain, man! And our pudgy, woke CEO has sent us emails telling us we're racist, so I'm convinced - that's all we are, just a bunch of dirty racists here at SSB. Now I'll step aside while somebody from the third world comes to take my job and do it poorly for 20 cents on the dollar for three months until some other company offers him 10 cents an hour more to move across the street and work for them. Oh, wait, I almost forgot - I have to train him first. Then it will be time for me to go find another career - perhaps something in the retail or food service space. "Would you like to Supersize that order, Ron? Oh, I bet you would."
Contractors from foreign countries have survived better at most of the past layoffs than domestic employee. I think this is a general trend in most of banks for the purpose of cost cutting. Plus the bar for an average IT engineer is fairly low as many kids have demonstrated. The IT engineers pool in foreign countries is far far larger than in US.
My wife works for them, and the layoffs started years ago... everyone never knows who is next. And at the moment it seems it's just not fair.
“ Aboaf said. State Street expects to save another $30 million in real estate expenses this year by shrinking its office footprint.” This was leaked about 6 months ago in these posts. Kansas City will be closing. Lease ends 2023. Obviously low cost but Corp doesn’t see it and never have.
You should be able to work out how safe your department/role is from the eventual cuts. The history of how it works and some basic idea should be known by your manager, just all them. Or think about it yourself, is your job being outsourced to the point where it's no longer needed or is robotics working on replacing it? If so, start thinking about where you would want to go. Get your profile setup on the talent marketplace and work on expanding your skills.