Topics regarding layoffs at State Street Corp.

Topics regarding layoffs at State Street Corp.

Better jobs are not just better paid jobs

Many people point out how much more they are getting paid since getting a job in some other company. Of course, pay is very important, but it is not the only and most important priority for everyone. Besides getting paid more, I'm more interested... — read more 

I want to be layed off from state str

Are any layoffs coming soon? I am hopeful, I doubt it though since the entire bank is chronically understaffed. I’ve gotten so sick of the huge workloads, discrimination, finger pointing and blatant lack of respect state has for the people working... — read more 

how's your India team working out for you

Mine started with 7 people on the team. There have been multiple turnovers and so far this year one person has quit and there are two pending resignations. I now have five employees. Two came on recently. It's the same vicious cycle every... — read more 

Work smarter

I’m not a newbie at State Street, nor is this my first work experience. Despite all my previous experience, lately I can barely cope with a huge amount of work. It really isn’t a job for one person. And then some advise me that I should work... — read more 

Contractors hired as permanent employees

My friend works here as a contractor. It may not be the right place to ask that question, but I would like to know if anyone knows what's the possibility is of a contractor being hired as a permanent employee? I don't know of any such case, but maybe... — read more 

Vaccine and Booster requirements and in office

Does anyone know if state street has or is planning to actually enforce these? I know they said you need to have a booster now in order to get in the offices-in North America at least, and that you need to be in the office if that is your role but I... — read more 

Move on everyone!

Just leave there. I left two years ago and have a new career now. It is not worth all the complaining, they do what they do. It will never change. We were told our replacements make 4-5 grand a year for the jobs we trained them on. And they do not... — read more 

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| 2960 views | | no replies yet
Post ID: @OP+1fu8fNjh

How do you get everything done?

Given that the workload is significantly higher and some even complain that they are now doing a triple workload, I wonder how you manage to get everything done? After my colleague left, I got only a part of his job and honestly, I barely manage to... — read more 

Bonus payout date

Anyone know when bonuses payout for SSB and CRD? Hoping to receive my bonus then resign

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| 3070 views | | 6 replies (last April 11, 2022)
Post ID: @OP+1fruJptO

Is TMP 60 days or 90 days.

I was told it is 60 days for VP and 90 days for AVP and below. Is this true? Can someone clarify or point me where I can find the official information.

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| 2570 views | | no replies yet
Post ID: @OP+1fndC070

Recent BBH fireside chat

Did any current BBHers who were former SSB employees attend the employee career meeting on 2/16? How much of it was hot air? I used to work at BNY and have nothing but a bad opinion of employees at SSB. I'd love to hear opinions, career trajectories... — read more 

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| 3500 views | | 5 replies (last April 29, 2022)
Post ID: @OP+1fmmywEa

How Will STT continue if no one is here

Had more people reach out today to confide in me they are upset about end of year and the lack of recognition STT gives and are now also leaving. Everywhere I look teams are severely understaffed, some comments I've heard over the past week: 'this... — read more 

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| 3120 views | | 12 replies (last February 24, 2022)
Post ID: @OP+1fmSbN6Z

Last one out

Be sure to shut off the lights Don’t want to waste energy. It’s pretty much a done deal. I’ve ridden on the ship ten years and each time I think it will improve it actually gets worse. I can’t get to shore off this sinking clipper fast enough... — read more 

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| 3240 views | | 8 replies (last March 6, 2022)
Post ID: @OP+1feaP6XO

Is anyone out there finding

Any job out there that will Hurd STT employees? I am trying desperately to get a new job. I have the skills credentials and experience. There’s jobs out there but no bites. Are they ghost jobs for pretend?

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| 2660 views | | 10 replies (last February 18, 2022)
Post ID: @OP+1fec1ySu

With is going on?

It’s non stop all day just push push push I can’t take it anymore I can’t find any job out there either. I have the credentials and skills Is anyone gearing any interviews? It’s as if I’m invisible.

How to negotiate a raise?

I would try to negotiate my raise if I thought that there is a 1% chance to negotiate successfully or not be fired soon after negotiating. However, if I don't get a better job soon, I'll try, whatever happens. Is there anyone here who has managed... — read more 

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| 2550 views | | 6 replies (last February 17, 2022)
Post ID: @OP+1f5cELey

Bonus and raises 2022

Yep.. As expected my group got a big fat zero for 2022. Zero raises for the past 5 years and as a result i am starting to see few farewell emails from my peers in other groups. Seriously, most of us that have stayed on took on more work and grind... — read more 

McKinsey project

I left a while back. Right around that time some McKinsey ghouls were in, trying to get everyone to come up with "efficiency" ideas. Just wondering how'd that go?

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| 2470 views | | 1 reply (January 28, 2022)
Post ID: @OP+1f0IT8Q1

Fairness?

Maybe there used to be some fairness here, but it's long gone. Wrong people are being promoted, while others are not even clear on what's the right path to get promotion. People put in extra effort and the only thing they get in return is more... — read more 

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| 2190 views | | 4 replies (last January 30, 2022)
Post ID: @OP+1f0icSgT

Is getting promoted worth the effort ?

I’m very focused on getting promoted. I'm doing the best I can. On the other hand, there are many who tell me that maybe it's best to give up on that idea because even if I manage to get promoted, I will just get more work and nothing more. I find it... — read more 

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| 2590 views | | 9 replies (last January 26, 2022)
Post ID: @OP+1eUfEQ25

What is the difference in the Titles

Some of the titles make sense other seem to be created . The old motto " I keep give you a raise but I can give you a title Senior Vice President Vice President Assistance Vice President ??? Officer ?????? Then a newly created... — read more 

What if someone wants to be laid off?

I’ve been trying all these years to be as good of an employee as possible but I’ve gotten sick and tired of everything here. I wouldn’t want to leave without package and I’d love to leave as soon as possible. I want to be on the list of next layoffs... — read more 

The most chaotic place of work

I've worked for a number of investment firms and I can tell you this is by far the most chaotic place of them all. Considering the lack of streamlined processes, I sometimes wonder how anybody gets anything done. Add to that poor management and the... — read more 

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| 2180 views | | 4 replies (last January 19, 2022)
Post ID: @OP+1eJKZN02

Inclusion for people with skills

Does it seem to you that this company has become inclusive for everyone except for people who are great at what they do, who have knowledge and skillset? It seems to me that it has never been more undesirable to have skills than it is here now. No... — read more 

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| 2910 views | | 9 replies (last December 27, 2021)
Post ID: @OP+1eepBlC7

Going to work for direct competition

I came to State Street from a company that was not a competitor, and now I have received a very tempting offer from direct competitors. I talked to people who also crossed over to competitors and they all tell me that there was something very... — read more 

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| 3740 views | | 9 replies (last January 22, 2022)
Post ID: @OP+1dYZJnxI

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