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1,200 positions
- State Street Corp. announced on Tuesday plans to cut around 3% of the jobs in its global workforce, eliminating 1,200 positions in the coming year. The cuts will allow State Street to save $120 million in 2021, and about twice as much in 2022, according to the company's Chief Financial Officer.
www.businessinsider.com › state-street-plans-layoffs-1200-job-cuts-after-pandemic-pause-2021-1State Street to Cut 1,200 Jobs After Pledging No Pandemic Layoffs
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Dec 11, 2023 · December 11, 2023. 60. Boston-based State Street Corp. will lay off about 1,500 jobs before the end of the year, The Boston Globe reports. According to the newspaper, the cuts were...
Jan 20, 2021 · State Street plans to cut the jobs of 1,200 employees this year, after pledging to avoid layoffs during the pandemic. Grace Kay. Jan 20, 2021, 8:33 AM PST. Boston, Massachusetts. Thomas...
- Grace Kay
Dec 12, 2023 · Dec. 12, 2023, 08:56 AM. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. Financial services giant State Street (NYSE :STT) announced that it would eliminate 1,200 jobs before...
- Larry Ramer
Dec 12, 2023 · State Street Corp. is laying off 1,500 employees, the Boston-based financial services company confirmed on Monday. It was unclear Monday at which company locations the layoffs would...
Dec 7, 2023 · State Street expects to lay off 1,500 employees and plans to take a charge of about $175 million to $200 million to cover severance costs.
Dec 11, 2023 · The layoffs will cost the company between $175 to $200 million in the final quarter of the year. The company has approximately 42,000 employees globally as of Sept. 30, and has about 7,500 Boston employees as of 2022, ranking sixth in the city for Boston employment, according to the City of Boston.
• 4mo. State Street Corp., the Boston-based financial services giant, will slash about 1,500 jobs before the year draws to a close. The layoffs were announced on Dec. 6 by Eric Aboaf, vice...
