I missed today's call, was there anything good, bad or indifferent worth noting?

Street Street was recently named a top charitable company in Massachusetts. Our CEO Jay Hooley graciously accepted the award on behalf of all State Street employees saying that charitable giving is part of the State Street culture. I have thought... — read more 

November and December 2016 Layoffs at State Street - State Street always wait till Nov and Dec to give out the bad news. God forbid they wait till after the Thanksgiving and Christmas holiday. The stress levels will hit the roof by Nov and Dec when... — read more 

Start planning your exit by updating and sending out your resume and mentally prepare for your move. Sharpen your personal marketing skills! The clipper ship is not what it use to be and it will continue to get worse, especially for those in their... — read more 

The last few years I have hardly used any of my vacation. I am scared to ask my manager for the time off and afraid that I will be laid off if I don't continue to work without. I am stressed out and need a break--any suggestions what I should do?

The following is a list of new cost measures that SST will start within a few months Pay toilets 50 cents 2 Paper towels 25 cents per sheet 3 Chair rental 50 cents per day 4 $5.00 to park in the SST lots 5 Coffee and tea will no longer be free $1.00... — read more 

Was everyone as happy with their crackerjacks and cotton candy as I was? Such a considerate and heartfelt gift. Those treats were just what I needed, and really got the motor going.

Well now I know where my raise and bonus went. State Street to pay a $382.4 million fine and penalty for wrongdoing related to FX mark-ups on FX trades executed for custody clients. No you are not reading this wrong and no its not a typo. $382.4... — read more 

In making this announcement--jamie Dimon, JP Morgan's CEO said the increases "are the right thing to do" . Will State Street follow this lead and offer similar pay and benefit increases to its workers? Come on Jay--join the big leagues and follow... — read more 

Is it just me or is State Street becoming more like a men's locker room and "old boys club" than a diversified place of work where effort and ability thrive and succeed?

Well here we are at the mid point of 2016. We have all just completed our mid year reviews. Jay should get a mid-year review also. State Street's stock price is down 18.9% year to date. So it seems the market place is giving him a "1" rating. What... — read more 

Jay's love of golf is well known. Has his handicap been holding up this season?

Today's UK Brexit vote is not good for banks including State Street. Bond yields are dropping to all time lows which is bad for bank (State Street) revenue. Watch out State Street worker--more job cuts appear inevitable.

They are outsourcing EVERYTHING!! Mumbai, Pune, philippines etc, what's next? Vietnam and Thailand Last one standing please close the lights. Outright disgusting how this is unfolding.

I am starting to get really concerned about my ability to retire comfortably given all the layoffs and job uncertainty plus poor salary increases that I have been experiencing at State Street. Can anyone offer me any reasons not to be concerned about... — read more 

CNBC had a segment today which described a company in Silicon Valley where the employees vote on whether or not to the CEO keeps his job. In my view this approach would ensure that CEO's balance the interest of all involved (employees, customers and... — read more 

That is just wrong to include outsourced workers to State Street employee count. It just doesn't make sense to me. I am opposed to so many companies outsourcing and believe that the government needs to have a limit of how many employees can be... — read more 

As part of the recently announced outsourcing if services by Allianz investment Management--350 employees will be joining State Street. Is there any advice that we can share with them about the company they are about to join?

What can one expect on the day of being layed off? I know a person typically doesn't know in advance whether they will be severed or not, but how does it typically go down? Any insight from someone that has actually gone through the process would be... — read more 

How sad some layoffs are going to happen in Dec during the Christmas holiday Looks like the Grinch is still alive and making his layoff list

When will this ever stop? Latest news--William Gavin has filed a suit against State street for overcharging it's clients. Check out today's Boston Globe article or you can read about it on Bloomberg. Reuters etc etc. As the internal emails cited in... — read more 

I can't help other than to ask the question..."Why?"

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

Just announced--check out the WSJ article. When will the embaressment for this once great company stop?

Hey anyone know why SSB is still keeping the Westboro data ctr open ? I mean they spent a fortune on building the state of the art Grafton data ctr From what I heard Westboro is obsolete

Interesting most the employees I know had declines higher than %40. What a "generous" gesture from management making millions ... and trying to improve stock price with layoffs and stock buy back.. which is a sign that you have no idea how to grow... — read more 

Following news story in Bloomberg Two former executives at State Street Corp. were indicted in what the U.S. Justice Department said was a “brazen fraud” involving secret commissions applied to billions of dollars in securities trades. Ross McLellan... — read more 

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

Looks like the money was used to buy the following company So State Street will add the number of employees GE Electric Co asset mgmt to its own. There for claiming an increase in the number of State Street employees (lol) Goot State Street Corp... — read more 

State Street Corp. believes that it will have to shrink its workforce by up to 7,000 workers by 2020, through layoffs, turnover and moving employees to new ventures as it tries to reshape itself into a more technology-driven company. The Boston-based... — read more 

Rumor has it State Street might be selling their state of the art data center in Grafton. I thought this was suppose to be their DR site ? Maybe they decided since they outsourced to IBM, IBM has many DR sites .

State street has lost its mojo. I long for the day where energy and positive attitude counted for something. Senior management is in lock down trying to squeeze out every last drop of cash before they tank the place

State Street ranks No. 28 on the Kansas City Business Journal's Top Private-Sector Employers List, with 1,518 full-time-equivalent employees in 2015. In a 2013 story, the local presence was referred to as the largest outside the Boston area. Kansas... — read more