State Street - many recent layoffs | Glassdoor
There are newer employer reviews for State Street
There are newer employer reviews for State Street

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"many recent layoffs"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Vice President in Boston, MA
Former Employee - Vice President in Boston, MA
Doesn't Recommend
Negative Outlook
Disapproves of CEO

I worked at State Street full-time (More than 10 years)

Pros

Many good people, good place to learn, opportunities to work form home

Cons

no loyalty, poor leadership from management, often prefer to hire from outside than promote from within

Advice to Management

show more loyalty to long-time employees, increase opportunities for advancement

Other Employee Reviews for State Street

  1. Helpful (1)

    "Poor Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Portfolio Accountant in Berwyn, PA
    Current Employee - Portfolio Accountant in Berwyn, PA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at State Street full-time (More than 3 years)

    Pros

    The people you work with are great. The office had a friendly vibe and I didn't mind going into the office everyday. State Street also has work from home capabilities.

    Cons

    You can't move up in the company. The only way to get a promotion is to leave the company and come back a year later. They hire managers based mostly on their connections, which is very frustrating when you end up having to do your bosses job on a daily basis. Expected to put long days in. Very high turnover.

    Advice to Management

    Promote from within and stop hiring higher positions from the outside.


  2. Helpful (1)

    "Not the most interesting work and not good pay"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate II in Boston, MA
    Former Employee - Associate II in Boston, MA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at State Street full-time (More than a year)

    Pros

    Easy laid back atmosphere which was good

    Cons

    Not the most interesting work

    Advice to Management

    More advancement

There are newer employer reviews for State Street
There are newer employer reviews for State Street

See Most Recent

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