On the Record · State Street
State Street layoffs, on the record
Every job cut, severance charge and restructuring State Street reported in its annual reports, 2023 to 2025, quoted from the filings.
Job cuts, severance and restructuring
None of State Street’s annual reports for 2023 to 2025 describes a layoff, workforce reduction or restructuring.
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-12-31 | $142 million | $107 million |
| 2017-12-31 | $245 million | $100 million |
| 2018-12-31 | $300 million | $153 million |
| 2019-12-31 | $110 million | $251 million |
| 2020-12-31 | $133 million | $131 million |
| 2021-12-31 | −$3 million | $118 million |
| 2022-12-31 | $78 million | $64 million |
| 2023-12-31 | $203 million | $83 million |
| 2024-12-31 | $2 million | $110 million |
| 2025-12-31 | $326 million | $214 million |
State Street filed 2 restructuring notices (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from State Street’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.