Just keeps getting worse - Officer State Street Employee Review

2.0
Nov 1, 2014
Recommend
CEO approval
Business Outlook

Pros

The flex work schedule, most people have an option to work from home twice a week.

Cons

Continuous layoffs. Frequently the layoffs are no longer about performance but based on who makes the most money on the team. 15-20 year veterans are now being replaced by entry level college students. Too large of a workload that is impossible to keep up with. A hostile work environment where you can't trust anyone because most are desperate to do anything to keep their jobs. Client dissatisfaction with the drop in quality of service through missed deadlines and inexperienced staff has just created even more hostility. We keep on wondering when it will get better but when you think things can't get any worse, they do.

Explore other reviews about State Street

5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Own book runner and strategy. Good work life balance. Good working environment and nice people to work together

Cons

No much growth. Promotion to VP or higher is even forbidden based on company policy. Instead, ask people to move to different role. It doesn't make a lot of sense since it encourage people to find a new job.

2.0
Jun 21, 2026
Recommend
CEO approval
Business Outlook

Pros

The company has a great severence package. Unfortunately thats a pro because they are laying off workers every 3 months until most of operations are offshore. Decent 401k match and vacation.

Cons

Layoffs, pay is low. Return to office mandate.

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