Thread regarding State Street Corp. layoffs

Some one needs to advise MA senator EW that just because you didn't vote for her potus pick

We aren't all racists bigots and all the other bike names they pin into ppl

You lost

The people spoke

Face it globalization is causing and caused the job exodus and you are in denial and actually doing harm by not getting on the trumpntesin to help save our jobs

7000

Seven

Thousand

People

Are

Losing

Their

Jobs

This is not a theorem it an ideology

It's the gold hard facts of reality

Wake up

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| 1251 views | | 11 replies (last February 27, 2017) | Reply
Post ID: @OP+LLcN9bV

11 replies (most recent on top)

Hey to post about series, I actually have been looking into a few that allow you to take them on your own. Series 3, which although not my expertise I am just delving into it now. I am hoping with some heavy studying to pass this and have this very on my resume. Thanks for the input, it's very discouraging out there.

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Post ID: @icwq+LLcN9bV

To young working dude:

I definitely understand how you feel and sympathize with the younger generation. I know many others in the same age bracket as you. Their are no opportunities for the younger generation since so many of these positions were sent overseas. Most of the jobs posted on many jobsites are only for contract positions. Nothing wrong with working a contract position if it will lead to a full-time position. Unfortunately, many corporations have a certain number of positions that are only contract positions since it saves these corporations quite a bit of money by not offering benefits. I hope that you find another position soon.

My suggestion is that you try to find a position where you will be required to take some of the series exams. In many instances they will sponsor you. I only say this since I wish that I had obtained some of these licenses when I was younger and had the chance.

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Post ID: @hwts+LLcN9bV

I read your post and I understand I only have a six year tenure since college but realize kaybiffs aren't strictly a Stare street thing. The big difference is people from other companies were fairly compensated do state street stands more. I am a young educated male and am trying to find a job elsewhere with no luck so far. The job growth is nil and the salary is barely livable it's tragic really that this is happening to anyone. I think people need to contact our political leaders to let it be known, The Globe doesn't report on it or the Boston Business Journal, I hear nothing on marketwatch we are a company without a real leader. He's self promoting and out of touch not that helps but it would be good if someone could litwrky rock the boat and wake him up.

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Post ID: @eenj+LLcN9bV

I already posted something similar on another thread. I am a former employee that was laid off from State Street after working for them for quite a few years. I dedicated my life to working at State Street even showing up when many others couldn't make it in the middle of many major snowstorms. This is of course before we all had work from home access.

Anyway, to the person who commented above about making up lies. I personally know many former vice-president's and assistant vice-president's who were told that they had to make a list of employees who they were slated to be laid off. No one wants to be put in this position, but it is just the trend at State Street. They told me that they couldn't think of anyone who deserved to be laid off but had to submit names every year since they have been instituting all of these layoffs. Anyway, they all eventually lost their jobs also. To most companies like State Street and many other financial institutions it is all about the bottom line and not having any consideration for their employees and whether they will find another position if they are laid off. I know since I am an older women who had a difficult time finding employment after losing my job at State Street. I still miss working in the financial services industry but currently work for a small company where I feel like my contributions are appreciated. I can't say that I felt like that very often at State Street. I would get to work about 7:00 am in the morning, (I was usually the first one in the office most mornings), and never took sick time but did use my vacation time every year. Since I had a lot of vacation time I would have to listen to comments from other employees who weren't my supervisor/manager about taking my vacation time, etc. I had a sister who was dying from breast cancer and I would sometimes have to use my vacation time to take her to her chemotherapy/radiation treatments. I never told anyone about my personal family situation since I am a very quiet, private person and also believe that it isn't really anyone's business what is going on in your personal life.

Don't want anyone to feel bad for me, just wanted to tell you that the layoffs at State Street aren't very fair just a result of the greed of these financial institutions and not just State Street. Don't know if you read the article about State Street laying off 7,000 workers by 2020. What is going to happen to all of these workers? Most of these jobs will probably be sent to India or one of their global offices in London, Australia, etc. This will save State Street quite a bit of money but leave most of these who are laid off without many opportunities. They will end up either being unemployed or underemployed.

Have to go to work now but will continue to post on this site. Maybe someone will read my post and understand what is actually going on at State Street and many of the other large financial institutions.

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Post ID: @egkq+LLcN9bV

For Christ's sake, you do not even work at State Street and you comment on their layoff message board on a daily basis?

You probably have zero idea what goes on there

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Post ID: @2ebq+LLcN9bV

"This is not a theorem it an ideology" -- LOL, what?!

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Post ID: @1vnl+LLcN9bV

I don't work there I gave multiple very close friends that do so not allowed yo be a voice for them?

What's your gig?

I repeat

Get

Over

Yourself

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Post ID: @1isx+LLcN9bV

You've been at work what 20 minutes and the first thing you do is read and respond to your favorite message board.

Do you not have work to do?

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Post ID: @1oil+LLcN9bV

7000

7000

7000

Can you read that?

Cause that's a legit number so scoff about typos when the lay offs begin it will be real tangible and typos won't be the reason

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Post ID: @1bru+LLcN9bV

Yuk yuk yuk sorry apple has terrible intuitive.

Get over yourself

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Post ID: @1vph+LLcN9bV

Someone needs to advise you on how to write better.

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Post ID: @1ofk+LLcN9bV

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