Thread regarding State Street Corp. layoffs

A State Street Christmas Carol

Oh how wonderful it be to have the Ghosts of Christmas past, present and future visted the CEO and Board of Directors.

Show them how they have destroyed the lives on so many former State Street Workers.

People making 35 to 40% less due to their new job

People having to work 1 full time and 1 part time job just to try and make ends meet

The people who have lost their homes due to being laid off and working for less

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| 1661 views | | 9 replies (last December 24, 2017) | Reply
Post ID: @OP+QmpBNCR

9 replies (most recent on top)

As the workers slave away the day after Christmas. The CEO makes an annoucement over the pa system.

To all my wonderful workers who I took for granted for so many years.

I am doubling your salary !!!!!!!! And I am hiring back all the people I laid off 10 years ago.

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Post ID: @xqqa+QmpBNCR

Hello my name is Mr Fair and Mr Respect, at this festive time of the year it is more than reasonable for a company to give their Hard Dedicated Workers a Christmas bonus.

Usually 25% of their weekly salary.

Mr Hooley ,What !!!!!!!!! Hey those who are still working here should be grateful they still have a job

and those who are unhappy well don't let the door hit you on the way out

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Post ID: @ocja+QmpBNCR

You have hit the ball out of the park by your posts! The entitlement and bloayed incomes have created a class of super rich the world has never seen. Remember the good old days when if you had a million bucks you were rich. Now you’re just scraping by.

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Post ID: @7znb+QmpBNCR

Jay Hooley response about the laid off workers,, Are there no homeless shelters , no section 8 housing, food pantries.

Gentlemen collecting money " Yes there are but Iwish there were not .

Jay Hooley Well those laid off State Street workers should go there and stop whinning about

be laid off

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Post ID: @3qyt+QmpBNCR

Those must be platinum coated gold chains he’s lugging around! Great job OP and others

Greed is good and thriving for certain echelons of society.

Back to work to all of us minion!

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Post ID: @wkj+QmpBNCR

Apr 6, 2017, 5:53pm

State Street Corp. chairman and CEO Joseph "Jay" Hooley earned $12.7 million in 2016, a 12 percent increase from the previous year when he did not receive a cash bonus because of the company’s subpar financial performance.

Hooley took home $2.6 million in cash bonuses last year, on top of an approximately $1 million salary and $9 million in stock awards, according to State Street’s proxy filing Thursday. The $12.7 million total does not include changes in his pension value and other deferred earnings.

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Post ID: @nls+QmpBNCR

n 2008, Logue earned a total compensation of $28,712,475 at State Street. His compensation included a base salary of $1,000,000, stock awards of $13,366,897, and option awards of $6,441,092.[1]

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Post ID: @kzd+QmpBNCR

Jay Hooley speaking to the ghost of christmas past. Who are you ? what do you want from me.

In life I was the prior Ceo of State Street Ronald Logue, the man obessed with profit and increasing my wealth at State Street.

I continued the policy of laying off people, outsourcing jobs bringing in H1-B visa workers.

I wear the chains I forged in life money boxes, bonuses, golden retirement packages.

I destroyed the dreams and lives of so many State Street workers

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Post ID: @jnd+QmpBNCR

Ah yes, a fairytale to appease all the serfs and waifs that the lords of the manor will be bestowed with an enlightenment and spare us from our plight!

Keep waiting on that Christmas Miracle, but things are about to go from bad to worse very soon.

“You have been warned.”

Signed,

The Ghosts of Christmas Past, Present and Future

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Post ID: @hgd+QmpBNCR

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