Thread regarding State Street Corp. layoffs

Over 130 companies are now spreading

The wealth by giving a tax break bonus to their employees.

What do we get? We get now less than two years for 7000 to be laid off.

Cruel joke? No, harsh reality. I’m sure some very special people will be given nice five figure bonuses. Too difficult and too expensive for the clipper ship to be generous. Hey now get back to work you slouch!

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| 1742 views | | 5 replies (last January 13, 2018) | Reply
Post ID: @OP+R9MrYtU

5 replies (most recent on top)

@R9MrYtU-gbp Yes, I agree that State Street employee's were valued more in the past. I have seen many of my peers and co-workers laid off over the many years that I have worked for State Street.

Many of us are surprised that we still have a job and also know of many of my former peers that were displaced or forced to work in a different department. Of course, depending on their age most of them chose to leave State Street. Isn't that what they want to happen anyway ?

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Post ID: @4per+R9MrYtU

@@R9MrYtU-2qyr When they list the 50 best companies to work for , lets say State Street is always some where in the number 40 range.

Pretty sad when I see Retail and Fast food places have a higher ranking than State Street .

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Post ID: @2zpp+R9MrYtU

It never is, and I don’t see it in the top ten best place to work or top ceos Surprising? Nope

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Post ID: @2qyr+R9MrYtU

Interesting they had a list of 50 companies sharing the wealth with the workers.

Retail stores, High tech and Financial businesses.

And yup State Street was not on the list on those sharing the wealth

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Post ID: @2dlo+R9MrYtU

@Post ID: @R9MrYtU

Yes the old glory days of when workers were valued by State Street ended around 2003.

Then the great clipper ship sailed into an ice field and decided to survive by laying off

a few hundred employees ever year , year after year.

The bosses never use the term slouch, they used the phrase " Be grateful you still have a job"

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Post ID: @gbp+R9MrYtU

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