Thread regarding State Street Corp. layoffs

Last one out

Be sure to shut off the lights
Don’t want to waste energy.
It’s pretty much a done deal. I’ve ridden on the ship ten years and each time I think it will improve it actually gets worse. I can’t get to shore off this sinking clipper fast enough.
How many hats can one person wear without suffocating from the workload?
I’m up to 6 hats and it’s crushing me.
Even if my job improves the departments are all suffering all short staffed from years and years of lay offs and outsourcing.
I think it’s finally reached the point of no return.
The optimist in me thinks someone has to realize it’s insufferable but the realist in me says look around look at all top officials in govt in business they’re all clueless pompous buffoons. .
It is NOT getting better.

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Post ID: @OP+1feaP6XO

8 replies (most recent on top)

@7evl+1feaP6XO = Don't know how old you are but working in a retail store like Home Depot is not an improvement from working for State Street. If you got hired in a responsible position with room for growth, I suppose it could lead to a good opportunity. I worked in a retail store when I was very young and most are usually very low paying positions with little room for growth. Also could be a good opportunity for the older worker who is collecting social security.

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Post ID: @oqai+1feaP6XO

So glad I got laid off almost 3 yrs ago. Got a job in a different field . Great company got a great raise 3rd year in a row. Was laid off at 52. Took a few months off and got a job within 2 months of looking

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Post ID: @8prh+1feaP6XO

Got a job at Home Depot after SSC, I get to go home after 8 hours.

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Post ID: @7evl+1feaP6XO

@6qcp+1feaP6XO - Not sure that I agree with all of your comments. State Street is still a good place to start a career. If you are still young you can work for State Street for a few years and could go to work for BNY Mellon or JP Morgan Chase. I have no idea of your age but I would not advise anyone to just accept any job offer just to leave State Street. You could end up working for a small company where you are treated like a lowly clerical employee. Believe me I know of some former State Street employees who are thankful to be working but working for small companies that are just barely surviving. At least, State Street is still in a good financial situation. It might not be the same if you go to work for a small start-up or many other small or even medium-sized corporations. Just something to consider if you are offered another position. Working is still better than collecting unemployment.

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Post ID: @7hed+1feaP6XO

There is going to be plenty of people bailing this sh..thole...total BS from upper mgmt valuing employees. Bonus and raises worse than ever....if it stinks now, you'll never get better from them after the great year they had. Nothing but lip service.

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Post ID: @6nwy+1feaP6XO

There is storm of resignations on horizon.

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Post ID: @6myj+1feaP6XO

They have no choice but to outsource. Those working there are looking to get out and no one wants to work there as a new job. They destroyed their reputation by non stop layoffs. I wish I had never started there and I’m ready to take any job offered at this point just to get out of there. They’ve reached the tipping point. Get out as fast as you can because it’s only going to be a sh*t show from here on out.

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Post ID: @6qcp+1feaP6XO

Congratulations for getting a package and leave a company having the most its own employee hated.

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Post ID: @4veb+1feaP6XO

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