https://www.bizjournals.com/boston/news/2019/02/21/state-street-in-settlement-talks-with-sec-over.html
HUGE cuts are coming in addition to the already scheduled layoffs for the end on 2019, so they are able to pay the lawsuit settlement. $267 billion fine. That’s gonna be a lot of layoffs.
S---s to be at State Street, lol.
@Post ID: @YiGcuoT-1ntk
Impossible !!!!!!!!!! she cann't sink
state street is going down faster than the titanic.
right now, they are just moving the deck chairs around...
@Post ID: @YiGcuoT-qes
This is how it usually works the person says they will sue for say $1 million, but will settle out of court for only hmm $250,000 or $500,000
@YiGcuoT-zon I have not read anything about ex employees suing State Street. Although, I do believe that some would but can't imagine how they think they would win a lawsuit against such a large corporation.
Don’t worry, it is nothing that offshoring more work won’t fix
Billing is still a complete sh---show... it's been offshored which comes with the usual accuracy issues, but worst of all MDs in sales are negotiating extremely complex fee schedules that take a sh-- ton of time to generate and review.
Read the latest lawsuit on ex-employees suing too.
Amazing details and names in the actual filing.
If you check the business news, these State Street scandals have been going on since 2010.
$267 million fine
If they would only lay me off. I'm applying for tons of jobs in the meantime.
Please get you facts straight. $267 BILLiON fine? Um.....State Street revenue in 2018 wasn’t even $12 Billion. The discussed settlement is for $380 MILLION in overcharges over 20 years. Maybe you worked in the billing department because you are only off by 70,000%! id--t!
The ship sank in IT a long time ago. Nothing but a daily sh-- pile where downtime and outages are now considered BAU
You all better be looking for a new job.... the ship is sinking fast.