State Street Corp. in Kansas City is laying off people while hiring at the same time.
The company laid off 15 IT employees last week in Kansas City. However, it also is hiring client service representatives, a transaction processor, an investment accountant, a fund administrator and interns.
“At the root of all of this is an overall business transformation that is under way,” State Street spokeswoman Alicia Sweeney said in an interview. “We’re basically looking at our operating model and…
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