Thread regarding State Street Corp. layoffs

Summer Street shutting down fully vacated.

Just advised snd no location to replace it. Must go next week to remove our items. Mass layoff or are we really moving? Anyone know?

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| 3491 views | | 11 replies (last January 15, 2021) | Reply
Post ID: @OP+17YOsiMG

11 replies (most recent on top)

@Post ID: @ejwc+17YOsiMG Maybe they should fire

A long time ago getting a promotion to an AVP or a VP used to mean something.
Your right they are now giving out to the friends of the higher up executives .

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Post ID: @Xqjp+17YOsiMG

Maybe they should fire half the VPs who treat people like c-ap and pull in the most $. Moral and productivity would certainly increase. State Street gives out VP titles as candy to their best bullies.

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Post ID: @ejwc+17YOsiMG

All jobs with State Street in the United States are temporary. You want a permanent stable job with the company than move to India or Poland.

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Post ID: @3feg+17YOsiMG

I'm surprised we were still using Summer Street. I always thought it was meant to be temporary.

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Post ID: @3nas+17YOsiMG

Be prepared. Someone called in June with reduced US footprint and lay-off. Playing the COVID new workforce of future - BS. Should not be a big surprise to anyone layoffs are coming

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Post ID: @2txc+17YOsiMG

Moving to unemployment office.

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Post ID: @1dli+17YOsiMG

Where are these people moving to? Channel?

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Post ID: @1jvi+17YOsiMG

All I know is over the last 15 years they been not renewing their leases on some buildings.
To save money they been moving people to the remaining State Street offices in Mass.

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Post ID: @1hhc+17YOsiMG

Doing more with less...increase productivity with less resources. Writing on the wall.

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Post ID: @1hwi+17YOsiMG

Call it whatever you want but I say a 50% reduction in seats is a mass layoff. What do you think?

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Post ID: @1yeu+17YOsiMG

All okay moving not mass layoff.

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Post ID: @owa+17YOsiMG

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