The ultimate in penny-pinching - Assistant Vice President - Business Analyst State Street Employee Review

1.0
27 Feb 2026
Recommend
CEO approval
Business outlook

Pros

The only positives I can think of are that it’s relatively easy to take a leave and that there aren’t many overly aggressive employees.

Cons

Excessive cost-cutting is draining employee motivation. When I first joined, business class travel was still permitted, but recently even essential business trips are the most of times not approved even in economy class. The company is so focused on cutting costs that it has neglected investing in its products and is losing out to competitors. The most capable employees—those who could succeed elsewhere—are the ones leaving, leaving behind mainly risk-averse staff focused on staying until retirement. As a result, the workplace has lost its energy.

Explore other reviews about State Street

5.0
23 June 2026
Recommend
CEO approval
Business outlook

Pros

Own book runner and strategy. Good work life balance. Good working environment and nice people to work together

Cons

No much growth. Promotion to VP or higher is even forbidden based on company policy. Instead, ask people to move to different role. It doesn't make a lot of sense since it encourage people to find a new job.

2.0
21 June 2026
Recommend
CEO approval
Business outlook

Pros

The company has a great severence package. Unfortunately thats a pro because they are laying off workers every 3 months until most of operations are offshore. Decent 401k match and vacation.

Cons

Layoffs, pay is low. Return to office mandate.

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