Report: State Street will lay off 1,500 employees before year's end
The layoffs will see the company spend about $175 million to $200 million in severance costs, according to The Boston Globe.
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The layoffs will see the company spend about $175 million to $200 million in severance costs, according to The Boston Globe.
State Street Corp. is laying off 1,500 employees, the Boston-based financial services company confirmed on Monday.
State Street Corporation announced today that its Vice Chairman & Chief Financial Officer, Eric Aboaf, will participate in the Goldman Sachs U.S. Financial Services Conference in New York on...
On November 1, 2023, Eric Aboaf, Vice Chairman and CFO of State Street Corporation (NYSE:STT), sold 10,000 shares of the company.
Changes will have a particular impact on the firm’s Investment Services business.