Thread regarding State Street Corp. layoffs

Have State Street ever been sued for unfair labor practices?

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:

  1. 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.
  1. Layoffs: If Quiet Firing doesn’t work, the company replaces local workers with unskilled offshore workers or contractors.
  1. 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.
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Post ID: @OP+1l1q4Xcl

6 replies (most recent on top)

A lot of the lawsuits are settle out of court in hush hush deals , so that is why you rarely read about worker lawsuits against the company.

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Post ID: @3wqwh+1l1q4Xcl

STT does not care its employment relation and reputation at all. This is why it is one of the worst performing banks for years.

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Post ID: @3wqyh+1l1q4Xcl

Question to above being let go for not respond 5 emails. Does SST give you a warning and probation period before terminate you?

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Post ID: @29pym+1l1q4Xcl

They do all of the above. They tripled my work load then found 5 emaIls i did not reapond to and used that as grounds for letting me go. Also the management dr-g my name through the mud after. A terrible place to work.

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Post ID: @hazo+1l1q4Xcl

They've been sued many times for gender and race discrimination.
Still haven't learned their lesson on this though.

I left because I faced this, reported it many times, still have the many pages of incidents and reports. All the women /minorities that left should band together and do a big litigation of us all vs State. Bring it up to the media

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Post ID: @dmvl+1l1q4Xcl

@ Post ID: @OP+1l1q4Xcl

Number 4 they do very small layoffs of 1 to 2 people per dept so nobody gets any wiser
They can easily layoff 50 people by doing this small stealth laying off.

I knew people in 8 different depts so we would keep each other up to date on workers
who were let go. Once again small stealth layoffs.

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Post ID: @1yga+1l1q4Xcl

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