About 1,400 State Street Corp.
employees will lose their jobs starting this month through the end of next year, according to media reports. The cuts would represent about five percent of the Boston-headquartered company's staff count. It was not
immediately clear what impact, if any, the cuts would have on company's State Street Global Advisors unit and its fund services business.
, The Boston Globe
the media outlets that reported on the layoffs.
Armie Margaret Lee
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