Get ready boys and girls!!! Several executives are talking about January 25, 2017 (code name: Project Falcon). I would suggest having your personal belongings packed up and ready in case your number is called.
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How many people will try to get into the building and find their access card no longer works.
They will walk to the North Lobby and Security will check their badge. Then they will be
escorted to Human resources were will find out they been let go.
can confirm on the "large number of the fund administration positions to India"....... it has already started.....
Polly Want A Cracker?
Repeal Dodd-Frank. Punish greedy corporations that send American jobs overseas. We need to rally behind our new President--he will Make American Great Again and stop State Street and other greedy corporations from ruining more America lives.
I think with the potential of the Dodd-Frank potentially being tossed out maybe it will save jobs....we can only hope
A good friend of mine who is a former State Street vice-president heard that they may be sending a large number of the fund administration positions to India resulting in many layoffs in Boston. He still knows quite a few State Street top executives and I have no reason not to believe him. Of course, last year they had reported in the Boston Globe that they would be laying off 7,000 employees by 2020. No one really knows but I do expect layoffs at the beginning of the year.
The Falcon will land hard on January 25th. Ignore this at your own peril.