Thread regarding State Street Corp. layoffs

State Street to continue ‘massive’ layoffs in 2020

You better be getting rid of your debt....

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Post ID: @OP+12nHDIik

5 replies (most recent on top)

Layoffs are happening with the end dates for most at the end of March. Wasn’t a surprise and the leadership needs to take a pay cut as they are going to drive things into the ground including the CEO who dodges every question he is asked. Disappointing.

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Post ID: @11aoa+12nHDIik

@Post ID: @12nHDIik-7ofo

Sorry its us old timers who have not only the experience but a vast knowledge of how things are done in our departments.
It is us old timers who train ever new hire and are told its our responsiblity to get them up to speed, and make sure they make no mistakes.

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Post ID: @7kpb+12nHDIik

Not sure about how many people live beyond their means....but prepare for massive layoffs in Massachusetts. It will happen before merit increases and bonus amounts are announced in late February. If your over 50, really don’t count on any merit increase, it’s their way of nudging you to the exit. Saves them from giving any severance. The old people know they are expendable, the 30-40ish believe they are safe, not true, once your division head is bumped. Start looking now!!!

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Post ID: @7ofo+12nHDIik

Seems like there are a lot of over-leveraged people, living way beyond their means who hate the idea of losing their job AND who are afraid of the truth. LAYOFFS are coming and if you are in debt, you are in big trouble.

Can't fix stupid.

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Post ID: @dok+12nHDIik

You need help. The enjoyment you get out of these posts is sick. You’re not trying to “warn” or help anyone

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Post ID: @shb+12nHDIik

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