State Street Corp., one of the Boston area's biggest employers, launched another round of layoffs as it accelerates a campaign to boost efficiency in the face of tough competition and what it called an uncertain outlook for the global economy.
Monday, January 21, 2019
State Street Kansas City Jobs Stay Losing
What's interesting about this move is that increasing AUTOMATION is taking the blame as locals confront more outsourcing and tech challenges to employment. State Street has 1,220 full-time-equivalent employees in the Kansas City area. Typically, branch offices like our hometown outpost take the layoff hit first. Here's a link tease and then more info for subscribers: