Run, don't walk from this dumpster fire - Assistant Vice President State Street Employee Review

1.0
17 Jan 2024
Recommend
CEO approval
Business outlook

Pros

some good people. made some good friends here. I left SS in 2013 but Glass Door drop down doesn't go beyond 2020. I wanted to put a lot of distance between myself and this chop shop before posting a review.

Cons

Offices are embarrassing. run down, mice, cockroaches (literally cockroaches in the office regularly), all gray, drab, like going to work in a rainy day every day. Management laid people off every single year. Every december we'd wonder if we'd have a job in the new year. You were not a human to them, just a cost. We'd get this long email at the end of every year where the CEO would brag about how well the company was doing. We all knew to just skip to the 3rd paragraph where we'd learn of the cuts: layoff, 401K match cut, healthcare benefits getting worse, reduced raises and bonuses. You'd be lucky to get a 1.5% raise here. If you complained about it you'd be told you're lucky to have a job. I'm not being cute here, when I say I 've NEVER met a current or former employee who had a positive thing to say about State Street I mean it. I've never met someone who was in any way proud to work there. If anything most people were embarrassed to admit working there. The company's reputation that bad in the labor market. It's an employer of last resort.

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.

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