Hello today in fidelity you can call and eliminate any medical benefits and such at fidelity by calling 1-855-447-7007 option one. Ask for a representitive and that you should be listed as terminated in the system. You can then opt out fully of... — read more 

TCP anyone?

For some reason mods removed this thread, I have archived it on wayback machine and here is the text as well: Thread: 900 workforce to be impacted in this quarter....email from mgmt today Poster ID: @OP+1k07sm478 Time Posted: July... — read more 

There seem to be layoffs spreading across the financial services.... especially asset management and custody space (State Street, Fidelity, BlackRock, Vanguard, Schwab, Citi, Morgan Stanley). I’m curious whether this is mostly cyclical or tied to... — read more 

The company decided to pause their AI push, as the low hanging fruit has been harvested, and further adoption requires substantial investment and training. To decrease costs, they now aim to reduce the number of MDs by delegating their work to VPs... — read more 

What happened? Can anyone share how it went down?

Soon Statestreet will be in the news for fraud in recruiting. Postings already have a preferred candidate. Managers do fake interviews involving external candidates. Even internal candidates are taken for a ride. Recruiters will be fired for being... — read more 

In the lastest company communication, Ron says we 'mark a strong finish to another successful year for State Street'. He also mentioned that he looking forward into workforce reductions. What a stand up guy! If you heard your manager this month... — read more 

Dont work for this place. The anxiety of losing your job is real. Constant layoffs happening at this place. Terrible employer, no raises, no bonus, nothing.. Employer is terrible.

I don't want it for others, but myself. I would volunteer if there was a way. I'm just so done with this place.

Is anyone else being asked to track all of their hours in Clarity, not just projects?

Who in management makes the final decision about who gets cut? SVP? MD?

Per ignites article… if global markets continue to sour…could mean layoffs down the pipeline

Anyone have insight on the comp /bonus payouts this year ? Is there a full payout or is the comp pool down this year ?

Rumor has it that state street posts the positions after a U.S. employee leaves for 30 days but either freezes or pulls it so they can justify adding it to the H1B pool. Anyone believe this to be true?

What are some of the signs you saw that you will be laid off soon.

We have like a crazy amount of Job Postings this past couple of weeks. Why would there be this much if they have layoffs in early January.

In a comment on a post of November 20th "Layoffs started in Toronto office...", somebody wrote that they were informed on November 18th about the termination on January 23rd, and that the package was "not like old times". Any information on the new... — read more 

What's your prediction as it relates to the possiblity of State Street layoffs? Any chatter, news or rumors?

January layoffs will be massive. Especially in GD where expected cuts in workforce will be between 20 to 30% from each teams. Mostly ranging from A2 to AVP level.

I work in Fund Accounting in the NJ office as a Senior Associate. I am wondering if y’all think layoffs will hit me. I see two postings from my team that were posted recently. Will I know soon if I am to be affected?

I'm told I will get an offer next week. It will be at MD level, in audit. Would I regret it? I have a pretty good setup where I am. Pay would jump a good bit but I would lose my comfort and I don't want to come over if the place is in constant layoff... — read more 

Hearing there are tech layoffs coming in January…

Happy Holidays! Hope you like my holiday video. I hope it makes you feel warm and fuzzy. Please don't ask me how many FTE's were sacrificed for my video. Love, RO

Anyone has to stay in the office when they come in for their full shift? Our leadership is pushing managers to make sure their staffs stay in the office for their full 8 hours of shift, especially in JAB. Those in JAB who's managers are in KC are... — read more 

Is AI determined who to lay off now?

What's with career development? Where are the jobs?

I just received a list of new hires in my division at State Street and it appears that only 12.5% had Anglican names. Based upon the names, most of the new hires are Indians and Asians. I am curious to see what will happen with the tighter H-1B... — read more 

If you worked there prior to 2000yr, then you remember how great a company this was. People could worked their way up the job ladder through hard work. The company rewarded employees with good raises and bonuses. The company motto was " Our... — read more 

Why is so urgent that surveys be done? Are they used to target reductions?

Anyone else think its a slap in the face when you get 0 point Thank you Awards from BRAVO? whats the f'ing point. Just another way SS is cheap!

More layoffs to be announced apparently during ER call. They will use the words that the Street wants to hear. More investments in AI even though excel macros are still the drivers of automation

Layoffs have started, beginning at CRD in Burlington. Sounds fairly significant.

Excited to see how state pans out with this one :) they’ve taken advantage of this system for so long and I am so very excited they will need to start paying to back up these poor decisions.