Are they closing this office ? Or moving staff to the office on the waterfront ? I know they have at least 5 offices in the Quincy area which seems a waste Only seems a 8++ years they spent money on building the new parking garage because of the lack... — read more
Stt
Never fails In being a heartless corporate entity No soul No center Voted of doom
Lay offs permeate in all corporate arenas
Look around everyone you look on this thread at other companies Few are left unscathed Go on company review sites change the company names its practically interchangeable I have made a concerted effort to find a job outside and I can happily say I... — read more
What will STT do will all that new found buyback money?
I'll tell what they won't do. They won't ease the fears, worries, anxiety, stress or low morale with it by advising its workforce about plans to further reduce the work force or not consolidate and shift Whole departments around. They won't be giving... — read more
What's the deal
With the channel center Where are they moving to? Rumor has it global advisors pushing everyone out Isn't there enough room for everyone Is this the big dump of employees to squish everyone in channel Josiah john and crown? I thought jay new numbers... — read more
Hump day!
Let's all take a deep breathe and calm down. The issues plaguing STT are not unique or different than anything or any other corporation out there. This slow bleed out of jobs, wages, layoffs has been happening since the recession in the 1980's. It... — read more
SS Burns While Hooley Rings the Bell
All smiles at the NYSE yesterday when our fearless leads Jay H rang the closing bell on the NYSE to celebrate the Clipper Ship's 225th anniversary. A great celebration for all involved except of course for the lowly SS worker that has had his/her... — read more
Calling all coworkers
It seems that only a couple actually post here. Why is that? Doesn't anyone have insight or knowledge on the lay offs? Aren't we all here because of the confusion uncertainty and dilemma of staying or pro actively leaving before getting cut? Isn't... — read more
I'm stressed out!
Just kidding but does anyone know the stress test results so far? I go to where they say and I guess I can't find the number that I've seen for other institutions. If anyone knows the number please post it. Thanks
Would getting a promotion
Be a signal you're safe from layoffs? Has anyone had any lay off experience going on lately? I'm not hearing it but I know a whole team is being moved out to another location. What is the climate? I am concerned staying is a dead end and yet is any... — read more
Supposedly BoA did some heavy
Dumping of employees. Get your resume in order I guess. The sad thing is STT would be a fun place if the constant and chronic fear of layoffs didn't loom. It's a very demoralizing and degrading feeling having it hung out there never knowing if it... — read more
Thank goodness
The CEO of Amazon isn't our CEO That guy is going to destroy humanity with his infiltration of AI you think we're outsourced at STT ? That guy cares about one thing and one thing only dominating the world destroying our country and then going after... — read more
Just my humble opinion but
I think the economy is going to explode! And yes, I think we will even benefit from it. We are unleashing American ingenuity, American pride, American work ethics! We're back only better than before. Thank you Mr. President and happy birthday too Dow... — read more
Dennis rodman
For CEO! Hey if he can get Otto out of NK there is hope he could right the Clipper ship! Life is definitely stranger than fiction. Any other names to float about? I think not! Never give up there is hope for us yet!
STT stock 52 week high
Who gets the credit? Better yet who gets the financial rewards? This has ZERO to do with the skill accumen and creativity of the CEO It has everything to do with EO weakening D-F and potus and Congress starting to roll back the deleterious effects of... — read more
Still
Feeling trapped here. No way out All dead ends I have never felt so stuck in anything in my entire life than my servitude at state street and the inability to find s new job. The label of failure is written on my resume when they seem employed at... — read more
Dodd-Frank
The House voted to start the defanging of this misguided bill. Hopefully inspite of all the forces against us it will take off our shackles, loosen the death grip and we might have luvesble wages again. Call your senators to help push it through.
Second ex-State Street exec to plead guilty in U.S. fraud probe
Reuters ReutersJune 8, 20171 Comment By Nate Raymond BOSTON, June 8 (Reuters) - A second former State Street Corp executive is expected to plead guilty in connection with what U.S. prosecutors say was a scheme to defraud six clients through secret... — read more
And will we see profits again?
State Street Corporation Announces Date for Release of Second-Quarter 2017 Financial Results and Conference Call Webcast Likely we'll see profits but certainly no sharing in the wealth it goes first to his majesty and his royal cohorts then to the... — read more
It's these types of "deals" that rots from the top down
State Street makes $333M deal with firm run by Jay Hooley’s brother Mar 27, 2017, 2:08pm EDT Greg Ryan Law and Money Reporter Boston Business Journal This is not new people jay and his brother have sweet inside deals going on a lot why isn't there... — read more
Ex-State Street exec to plead guilty to overcharging scheme
A former senior State Street Corp. executive has entered a plea agreement with prosecutors who accused him and a colleague of plotting to overcharge the company’s clients by millions of dollars through secret commissions on trades. Edward Pennings on... — read more
Stock Market: I feel very fortunate to have had the opportunity to have had a job dealing with the stock market
As a former employee of State Street who started working for State Street in 1987 and of course got laid off after many years of working their, I always tell anyone who will listen that I feel very fortunate to have had the opportunity to have had a... — read more
McD's is being shamed
Into paying higher wages, why not us? Who's our savior? Who's fighting for us? No one! This is not only unfair and it is demoralizing.
Anyone know the real deal going on?
It's a mad house literally at channel really need help and insight desperate situation going on Thanks
Clipper ship us sinking faster than expected
Scrambling going on in channel centers Sh It Is hitting the fan
It's happening
Major shake ups It's looking bad in Boston Moving to Quincy Big uproar
Trump's Trouble---Who Pays the Price?
The problems in Washington finally caught up with Wall Street today. Stocks got hammered! Financial stocks including our beloved State Street led the sell off. Trump's troubles may mean his Make America First policies never see the light of day. That... — read more
Employees customers vendors
Stake holders the local eco system local economy Hey mr ceo there are other things more important than you stock prices and your beloved shareholders You're so stuck in your gilded cage and so out of touch with your exorbitant salary you have no... — read more
Congratulations to Jay and his executive team
Great first quarter results announced today. Stock market is loving the news. State street stock is up huge on the day. Isn't that what really matters?
More High Priced Help Hired by State Street
Looks like another year of no raises or bonuses. 2 more examples yesterday of SS overpaying for high priced executives near the end of their career. The company continues to block advancement of its internal staff yet goes outside to hire. Shameful... — read more
New executive order being signed!
Aw shucks h1b visas no more undercutting our wages and no more training your replacements! Buy American! Hire American! You hear that jay? Hey hey Ho ho J. H Has Got to go! M A G A
When Goldman sinks
...you can surely expect STT to follow. Yesterday our shares were up around 1.33 today they're down around 1.33 Seems like the inertia, no matter how hard we try, is a downward spiral. I said it previously that I have an ominous feeling and it... — read more
New Marketing initiative
As a follow-up to the very well received Fearless Girl campaign the company is looking to launch its next award winning marketing initiative. Think White House bunny and with the Clipper Ship on its back. The company's CEO believes this new iniative... — read more
Bueller? Bueller?
Jefferies lowered its rating on State Street (STT) to "hold" from "buy" on Tuesday, setting a price target of $87 on the stock as well. The rating revision comes as the firm believes the bank's cost control story could be diminished by slow core fee... — read more
How do you
Break out of the A2 level? I keep hearing about it as a black hole is there a key to get to senior level? Any real advice not fake advice?
So now that the fake date has come and gone...
What can WE do together to help one another advance our careers either internally or externally? We are not on islands we interact everyday with one another, we need to help and have each persons back. That's how we will persevere and succeed. So I... — read more
It's April 12th----Now What?
I am at my desk -- so far nothing much going on. Everything seems quiet around me. The usual suspects around me are in as well. I will update if I see anything worth reporting. Please everyone do the same. We are in this together