Topics regarding layoffs at DST Systems
We don’t know who was laid off in the last round of reductions. The way we find out is we try to contact someone by email or IM and find out they are no longer here. It does appear the last layoff included more people than was disclosed. There does... — read more
What's the word in the Quincy office? People are anxious since they are down to a bare bones staff as it is. Management is as quiet as a church mouse
Anyone heard status on the building?
Get ready to be unemployed for a long time.
Firstly, I am one of the chosen, so no haters please. For those in the UK, you are protected by employment law and your contract. If you receive redundancy or an agreement ensure you use the legal service which you SHOULD be offered, it gives... — read more
Told you so. Brace for massive layoffs and department closures.
Not taking care of clients or employees is catching up with them.
Pharmacy is losing another health exec. Can't keep them because they know this place is a spruce goose. Glad to see that place implode. Customers will be right behind.
So rumour has it Willie Slattery has resigned...or is he being pushed out!? This company really is a sinking ship!
500 People managers have been called in for a "business update" happening as we speak. Arranged by HR whodidnt even make the meeting Private.. So unprofessional.. This isn't nice for staff Mental Health
500 People managers have been called in for a "business update" happening as we speak. rranged by HR whodidnt even make the meeting Private... S nprofessional
I heard a rumor they were closing.
Many of the Health Solutions Clients are not happy with the recent layoff. They feel much needed people were laid off that are needed to support them. Clients are posting on user group blogs they are now looking for other vendors and would like to... — read more
Insider trading? https://www.gurufocus.com/news/1046157/ssc-technologies-holdings-inc-ssnc-svp-and-cfo-patrick-j-pedonti-sold-11-million-of-shares
They were blind as a bat. Dst could have been buying competitors
50% UK DST Project Managers Gone All PMO's.! Thanks SS&C, we love your penny pinching ownership. Their jobs have gone to India. More clients will now be off!
Anyone else find it odd that even in places like Kansas City the local media has yet to really say anything regarding this? Just remember the last major one a couple years ago they were all over it day of. Sounds like Stoneman is trying to keep... — read more
Let the processions begin
DST UK have just announced that although we have reached 28% profit, it's still not the 40% they want so we are going to get there by redundancies in IT and Funds. Also offshoring to India and Ireland. Its the beginning of the end...
Dst is under performing from a syenergy standpoint. So cutbacks will continue. Actually Dst really doesnt exist except for a tracked merger ebitda line. Dst is done, faded into history like Farmland Industries. Reason, it fell behind competitors and... — read more
Very reliable source
S—s to be at DST. Economic pain is coming.
So plan accordingly, it’s going to happen suddenly. Rumors swirling about current leases in certain cities not being renewed or extended. Has work slowed down in your business unit? Has your boss made excuses as to why work load has... — read more
I have heard that all DST associates will be out of the HQ building by 03/31/2020 as it has been sold to another firm.
Hearing rumors of another mass lay-off on February 10th. Some are already getting laid off today (2/3). Anyone hearing anything!
What's your guess on how many employees the company will have before the end of the year? How about the overall headcount? And headcount at Kansas City?
Lol, maybe the "expert" that posts here can enlighten us. I've been waiting for a significant correction for 5 years myself. Crash is nowhere in sight!
Any word on stock options this year? I saw Bill got his $450k at around $61 strike price.
For the $25 gift certificate at the plaza stores
To all the overly critical, fault finding, ungrateful, untalented "managers" at Dst. After your lay off, you may see that there is a better management style. Or you can quit and do the dog training and grooming thing, just like the former manager... — read more
2 in 2019... that must be a record, right?
Just like the old days!
Are you excited? That works out to $2.20 per month bonus!
I've now heard from two different sources there might be more IT layoffs in January. That's enough to really have me worried. Does anubody know more about it?