Thread regarding State Street Corp. layoffs

Did anyone get more than SSB Announced?

4 of my 5 team members got the same %, anyone see anyone get anything outside of what was in the announcement?

The 5th did not due to a recent promotion.

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Post ID: @OP+1iVj9FSZ

9 replies (most recent on top)

Time for the fall reduction. Who will be the next turkey?

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Post ID: @gnwc+1iVj9FSZ

When were the raises supposed to be taken effect? As I was told it would be the week of Oct 10th.

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Post ID: @cyaa+1iVj9FSZ

This is state street we are talking about, do you really think they’d give larger raises then they said they would?

We all still took a pay cut this year of now net 5% - with the 3%. while state profits were basking in the +8.3% inflation gains .

Congratulations!

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Post ID: @bkkr+1iVj9FSZ

I won't get anything because I got a raise, so basically my hard work for my raise is meaningless and my small raise is now devalued.

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Post ID: @6mha+1iVj9FSZ

Which department is everyone in and what level? I have heard some got closer to 4% but I did not get any yet.

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Post ID: @4tun+1iVj9FSZ

3% for myself and my 3 reports. All I have heard is you either got 3% or no change.

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Post ID: @3uha+1iVj9FSZ

Why the big surprise of getting no raises and bonuses , and when you do get them they are what ? mostly under 3%.

This is not the old State street when raises and bonuses went from 2% up to 6%

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Post ID: @1ssl+1iVj9FSZ

My self and my 2 team members each got the percentage announced.

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Post ID: @kxb+1iVj9FSZ

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