No longer a good place to work - Financial Analyst State Street Employee Review

2.0
Jul 11, 2015
Recommend
CEO approval
Business Outlook

Pros

There are certain things that are constant...benefits, 401k, flexible work arrangements such as working from home

Cons

Senior management has very little regard for those with valuable skills and expertise. Focus is purely on bottom line. People with decades of service are let go, functions are "transformed", which is another way of saying "we're going to layoff hard working Americans and send their jobs to India" where for what was done by one person in the US requires 3-4 "partners" to execute. Once the lower level positions are eliminated, senior management creates layer after layer of groups to oversee ridiculous "initiatives"

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.

4.0
Jun 26, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Strong culture at state Street. Very supportive Staff and management

Cons

Not many perks. Feels very corporate america

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