State Street Corp. plans to lay off approximately 1,500 employees in “high-cost locations" and ramp up efforts to automate its services to clients, the company said Friday.
State Street has 1,220 full-time-equivalent employees in the Kansas City area, ranking it No. 33 on the Business Journal's list of private-sector employers.
The newly announced layoffs go far beyond the job cuts to senior management reported by the Boston Business Journal earlier this month. The senior managers are believed…
