Thread regarding State Street Corp. layoffs

Any truth to Boston rumors?

by
| 2332 views | | 8 replies (last ) | Reply
Post ID: @OP+11eDN9aB

8 replies (most recent on top)

Lots of layoffs coming in October, November and mid December.

by
| | Reply
Post ID: @5hkm+11eDN9aB

I have heard the same. More Boston area layoffs to have people out by year end. They need to cut about 300 more jobs to meet projections.

Get your resumes updated. I sure am.

by
| | Reply
Post ID: @1dou+11eDN9aB

Unless it’s a lie

by
| | Reply
Post ID: @1yaq+11eDN9aB

There’s always some level of truth to a rumor...

by
| | Reply
Post ID: @1suf+11eDN9aB

By December 2019 lots more cuts to come to VP and MD levels. They have a quota to meet with that 8,000 layoffs by 2020 and they are only 40% there, so between now and 2020 there will be huge cuts. But I hear the next round of layoffs is targeting the over paid do nothings at MD level. And VPs with few to no direct reports.

by
| | Reply
Post ID: @1qxp+11eDN9aB

Wednesday 10/02 more cuts

by
| | Reply
Post ID: @1crx+11eDN9aB

What rumor?

by
| | Reply
Post ID: @ssb+11eDN9aB

Care to elaborate on what you have heard?

by
| | Reply
Post ID: @mep+11eDN9aB

Post a reply

: