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"

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5.0
Feb 11, 2026
Recommend
CEO approval
Business outlook

Pros

Pay, Benefits, Time off, Flexibility

Cons

I can't think of any

1.0
May 14, 2026
Recommend
CEO approval
Business outlook

Pros

Remote work is (rarely) an option, though the approval process is extremely slow and bureaucratic. There are a few well-meaning colleagues who genuinely try to drive positive change before burning out.

Cons

Onboarding and HR processes are severely broken, taking 11 months to approve remote status and failing to prepare basic equipment for day one. The workplace culture is deeply hostile, with anger and yelling functioning as the default communication style across teams. Leadership turnover is rampant, resulting in constant re-organizations, splintered teams, and a total lack of strategic direction. Role clarity is non-existent, forcing employees to invent their own daily tasks while receiving entirely contradictory instructions. Direct management is completely absent; I went seven months without any contact from my boss before being laid off via a three-word instant message and short call.

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