Thread regarding State Street Corp. layoffs

What percentage of the company will be laid off after the upcoming financial collapse?

My bet is there are deep cuts in layoffs. I’d say 20-25%.

And I’m thinking the stock market collapse takes us into a depression for at least 10 years.

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Post ID: @OP+1eIV8kyT

7 replies (most recent on top)

Well over the last 25 years they must have gotten rid of at least hmm 40% of all
U.S staff, due to outsourcing and brining in H1B workers.

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Post ID: @3eec+1eIV8kyT

Goldman predicts the Fed will hike rates four times this year, more than previously expected

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Post ID: @1zwu+1eIV8kyT

It’s already started. Hope you’re ready.

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Post ID: @1mte+1eIV8kyT

As soon as the fed start’s raising rates…..it’s on.

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Post ID: @1vif+1eIV8kyT

Me too, but I don't think there will be something like 2008 soon.

It looks that gov figures out how to play this game by printing money.
And corporations are actually getting more wealthy by outsourcing, and using H1 and OPT .

Somehow if these companies lose money with so much liquidity, they are not doing it right.

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Post ID: @ohf+1eIV8kyT

I think we’re very close to the collapse. Just a black swan event away and….. poof, it’s gonna all be gone.

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Post ID: @wqk+1eIV8kyT

I sure hope my ex boss gets laid off and loses everything. He’s white and over 50 now, so he’s ripe for a layoff.

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Post ID: @gsw+1eIV8kyT

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