Questionable Leadership - Assistant Vice President State Street Employee Review

2.0
21 May 2014
Recommend
CEO approval
Business outlook

Pros

Relaxed atmosphere, good benefits. Flex work program allowing for good work/life balance. Opportunities abound if you're a new grad or have limited experience.

Cons

Long-time career not viable. Constant outsourcing and replacement of staff for "cheaper" staff keeps this from being a realistic goal. Upper management puts no loyalty in staff. Constant threat of being replaced keeps moral very low. Little opportunity for growth, especially long -term due to long-term employees always facing outsourcing replacement. Company growth in recent years appears to hinge only on one thing, cost-cutting and replacement of experienced staff - no real corporate growth.

Explore other reviews about State Street

5.0
11 Feb 2026
Recommend
CEO approval
Business outlook

Pros

Pay, Benefits, Time off, Flexibility

Cons

I can't think of any

1.0
14 May 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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