There’s clearly trolls feeding bad info.
There’s one that bitter beyond compare giving angry desosrate “advice”.
If it happens to you I’m sorry. We all might get a pink slip.
Keep your dignity.
Keep your head.
Don’t panic or do anything rash.
Update your resume and send s couple out. No one can predict when or if it will happen.
It’s not just STT it’s a universal phenomena in corporate America.
You’ll get through it
Take care
Ignore this "while thread"?
Wtf are you even talking about?
You sound whiny.
All I see on this board is wiser people suggesting looking for better jobs now rather than waiting to be laid off as it is harder to find work when you're desperate and laid off.... Companies usually pass on unemployed, laid off employees, as they worry they are desperate and will take any job and look for another and Ieave, so they scout out people who already have employment. There is also suggestion to get out of debt ASAP, as if you get laid off, you don't want to be in huge credit card, car, student loan or mortgage debt. Obviously not everyone can pay off all their debt, but people can certainly refrain from buying anything now and no big ticket purchases.
Be proactive about what's going to happen in the very near future.
You've been warned. Don't cry when you realize you've been spending beyond your means and living like there is no chance of layoffs on the very close horizon.
The only reason a layoff is catastrophic to most people is because of their debt and no savings at all.
Everyone should have a savings to cover one year's expenses.
Knowing layoffs are universal phenomena doesn't help. But thanks for your other advice, it does make sense.
As for trolls, they are universal phenomena as well, every forum has its trolls. But at least here you can spot them easily, so their ramble never goes by. And their posts posts get nuked by site admins eventually.
I'm with you, OP.
This board is full of trolls who have never worked for State Street or any of their subsidiaries.
Desoration - slang -describes negativity, termination of event, or failure foreshadowed within a situation.