I understand if employees receive a severance package they agree not to sue, but have you heard of any stories of former State Street workers that sue or threaten to sue the company for unfair labor practices? I don’t need names but was wondering how often it happens. If not, it should be time.
Summary of State Street Corporation tactics to get rid of employees:
- Quiet Firing: company makes employees’ job unpleasant as possible, by encouraging us to quit or neglecting us through lack of feedback or providing resources and info. Sometimes what they do is slowly bringing in co--y consultants into the team for training to hopefully replace us. Fun fact: In the UK, the legal term of Quiet Firing is called Constructive dismissal.
- Layoffs: If Quiet Firing doesn’t work, the company replaces local workers with unskilled offshore workers or contractors.
- Quiet Promotion: Your team is reduced and you’re not being compensated or credited for the increased responsibility due to the aftermath of the above #1 Quiet Firing and #2 Layoffs.