Thread regarding State Street Corp. layoffs

Not good bad news abounds for STT

It's tanking right now down over $2/share. Large clients pulling money out I expect bigger and more expansive layoffs than reported back in September. I'll be surprised if Jay stays in, he's done nothing to move this company forward or competitive. Liquidating human equity isn't a sustainable corporate action. New blood, someone that can be nimble needs to step.

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