Thread regarding State Street Corp. layoffs

So how does getting laid off work?

Does someone walk over to your desk? Is an invite put on your calendar? What if your working from home that day? Is it done a certain time of day?

Also, are you entitled to your 2018 Bonus?

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| 1401 views | | 4 replies (last January 20, 2019) | Reply
Post ID: @OP+X9NqDYt

4 replies (most recent on top)

Or you’re brought to the conference room, manager BS spiel, HR spiel, someone brings your jacket, wallet/purse, etc., they take away your ID badge and you are marched out like a criminal. Client facing folks don’t generally get the 60 day heads up.

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Post ID: @4dkc+X9NqDYt

@txy nails it. This is how it worked for me when I got axed in 2018

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Post ID: @mur+X9NqDYt

Does severance start after your 60 days? It’s 2 or 3 months then 2 weeks for every year?

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Post ID: @hwz+X9NqDYt

You’ll be brought to a conf room. Manager will give some scripted BS. Hr person will then move onto admin stuff... last day etc . You go back to desk and wait out your 60 days. You’ll eventually get something in the mail. If you’re working from home, it will be over the phone ( in some cases a HR person will not be there)

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Post ID: @txy+X9NqDYt

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