Average Americans this amount could employ: 2,748
Small Business: No
Reason listed:
- management said it will eliminate 530 positions over the next 18 to 20 months
- company posted a $1.6 billion profit in 2010
Sources: http://people.forbes.com/search?name=&ticker=STT
http://articles.boston.com/2011-07-20/business/29795235_1_state-street-round-of-job-cuts-information-technology
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