Is there anybody here who actually feels like this management values us as employees? They simply don't care. They keep piling work on us and expect us to do it for same pay. And as long as you show that you can do it, even if that means seeing your... — read more 

Given they admitted to hiring over 30% of workforce over last 5 years.... you can expect 30% + 15% to be laid off at the very least.....there will be 45% to be cut easily. Companies make deals with the state to create “x” amount of jobs. They get big... — read more 

I think there’s a lot of geresay abd innuendo on this thread. Unless there are hard facts being put on here you’re dealing with spammers, trolls and disgruntled Forbes employees. Wecall heard the comments from O’Hanley there will fe lstoffs, there... — read more 

The one that would pay similarly to what we earn at State Street? I'll admit, I've been here for too long and now I find the whole interviewing for a new job process rather daunting. I think that might be the main reason I haven't left this place... — read more 

Layoffs will all happen by END OF 2019. Plan accordingly. They've given you ample notice to make arrangements for what's coming.

https://www.bostonglobe.com/business/2016/03/29/state-street-official-pegs-staff-reduction-workers/89HmTzw98F6AvUCVyA9A4I/story.html

No jobs out there for over 50s

What is SST doing with all the buildings on the South shore , are they selling them or renting out floors to earn money. I just heard on the news how they have plans to move headquaters to One Congress tower in Boston. And did they not move some... — read more 

Hardly any at channel center that I am aware off

I’m a relatively young worker who hasn’t been long at the company, so I suppose I still have the energy to take all the bull and frankly I don’t see SS as a lifetime career option, but I honestly don’t understand how the long-time workers can take... — read more 

Are the AVP’s? Don’t they need a few “top” ppl yo run the show? Don’t they need workers already trained? Are they going to just shut it down in Boston completely? Aren’t the elected officials concerned in the least? This is a major employer in the... — read more 

I've been with State Street for nearly a decade, and in that time I've seen at least five restructurings or reorganizations or however you want to call them. Three out of those five times included changing buildings - at least for me personally... — read more 

Probably someplace with a lot of good technology is my guess...

My coworker got into a car accident and he has been in short-term disability for almost 2 months. He did not get hurt at all as he texted us and was laughing he got lucky. So he did not get laid off (YET)

Just when I was hitting my stride feeling really good about my work my life my career etc. really s*cks big time Who will be left in MA ceo his secretary and the guard?

I knew 3 really good employees that got laid off last year. Each of them landed similar jobs at same pay level (they are all VPs) 2 moved out of state and love their new locations. I'm not even getting any bites on my resume for any out of state... — read more 

But I feel like it’s going to be 2007 all over again and when all is said and done that will be the good old days comparatively speaking. I have no optimism or hope or illusions the other investment banks will skim the cream of the crop and the rest... — read more 

Honestly, I'd rather know I've been laid off and work from there than have to go through who knows how much longer of constant stressing and guessing. This is not the first time State Street did something like this and I'm certain it will not be the... — read more 

Damaged! It’s becoming tough for IT people to find a job with Statestreet in resume.

I know it’s been ongoing with the 7000 but this additional bloodletting when will it commence? Should we expect this week to see moves? Is there any division more vulnerable? That statement about high cost locations so is all of MA at risk? And I... — read more 

In December they announced unemployment numbers were at an all time low and the economy was strong and doing great!!!! Things have never been better!!!! Cheer up!

Are all the direct reports to someone who got laid off next in line to be cut? How will next boss know who worked hard and who didn't?

Advice from a fifty something.... I am telling you all right now, if you have debt, get rid of it. NOW. Anyone who is living paycheck to paycheck and in debt because of mortgage, cars, student loans, credit cards, you need to sell that home you can’t... — read more 

The layoffs have been going on for at least 15 - 20 years. If you have a network of former and current employees of State Street believe me you would be surprised how long they have been planning on sending a large percentage of US positions to India... — read more 

I mean cmon how many people are going to even do their jobs correctly anymore? What’s the point if most of the workers are getting laid off this year? Someone please explain because I feel like I’m not getting all the facts. Why should Jack and Suzy... — read more 

Does anyone have any news or insights into how many people in London may be affected?

Folks- any ideas/speculations/intel as to what might happen this week? Is Wednesday still the day to watch out for sh--storms?

No matter what happens, getting laid off changes everything. I was laid off before I started at State Street and the day after I got laid off from my old job, I called realtor to sell my house. At the time I was 51and had 8 years left on my mortgage... — read more 

Some of you need help. I genuinely hope the majority of you are troll accounts and not genuine State Street employees that I may meet in the elevators, or SST is genuinely screwed.

What’s happening over in potatoe-land?

You’re also getting laid off. It’s a ritual. They make you do the cuts. You agree. You do it for the ‘company ‘.... You tell yourself it’s okay. It’s not. You’re going to be disposed off as well. You’ll soon see... That is all.

Do you not get s raise or bonus? Do you hear people lettting you know in advance or are you totally blindsided by it? Does your job performance come into consideration? Have there been layoffs noticed anywhere in teams or are you just thinking people... — read more 

Do they expect a certain percentage to just leave with new jobs? I mean how cagey is the “high cost location” ckearly they mean Boston. Should we all get Rosetta Stone and learn Polish? It’s musical chairs there are just not enough seats left and... — read more 

I’ve had 15 interviews in 2018 and I think state street has cursed me....I can’t find a job.

15% high end staff 1500 additional staff in high cost areas Uh you mean America? Wow way to go scum bag How about you take $1 for salary to cut costs? How about you renegotiate the big pensions? yea companies do that No instead cut the worker that... — read more 

In addition to laying off 15% of its senior management, state street will lay off 1500 employees to cut costs. https://www.bloomberg.com/news/articles/2019-01-18/state-street-says-it-s-laying-off-1-500-workers-to-cut-costs

Just when things were going so well. The economy is stabilizing people are getting hired This is so 1980’s layoffs. New ceo has no new ideas sans old same old that’s unfortunate. I really really like my job my team granted my pay is low but the job I... — read more 

State street plans to layoff 7,000 people by 2020, so 2019 will be a year of constant stress and layoffs until they achieve their goals... — read more 

https://www.google.com/amp/s/www.bostonglobe.com/business/2016/03/29/state-street-official-pegs-staff-reduction-workers/89HmTzw98F6AvUCVyA9A4I/amp.html Oh it's happening.