Just keeps getting worse - Officer State Street Employee Review

2.0
1 Nov 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
5 Jun 2026
Recommend
CEO approval
Business outlook

Pros

on-boarding was easy, lot of learning opportunities/clients to service, nice co-workers

Cons

sparse work-load allotted, difficult client assignments, strict vps

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.

See reviews by: Helpful|Rating|Date|All