Thread regarding State Street Corp. layoffs

Any layoffs today?

Has anyone heard about layoffs?

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| 2111 views | | 6 replies (last February 20, 2025) | Reply
Post ID: @OP+1rweldvj

6 replies (most recent on top)

No public announcement, but another 3 cubicles had the name plates removed around me. And 2 more email's added to the chain from Ireland and Poland. So, the writing is on the wall: American's be gone.

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Post ID: @1gnw+1rweldvj

Yes - close to 200 this month. Next round week of 5/10/24. And every other month until eoy. See a pattern yet? 11/10, 11/10, 3/13….
In my group only commonality was high salary for titles- 6 highest paid were cut and no announcements about it.

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Post ID: @3bgf+1rweldvj

Confirmed layoffs at ssga yesterday. followed today by scary emails from line managers basically saying, now work harder or upper management says they wont address the staffing issues they've created. A classic mckinsey/pwc move.

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Post ID: @1pkr+1rweldvj

Lay me off. Give my job to China.

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Post ID: @1pjy+1rweldvj

Are they offered any severance ? I just got to hear the same about a friend and wondering if she will expect severance.

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Post ID: @1rid+1rweldvj

Yes, 1 in my direct team and a friend in a completely different unit also lost someone. Maybe a coincidence but I don’t think so. Seems to be scattered and small.

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Post ID: @hmw+1rweldvj

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