A homeless man on the bus said he gave my mom one and Idk what that is
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Topics regarding layoffs at DST Systems
The end of Jan 2019 is coming soon, any news or talks of layoffs??
2,500 employees gone give or take 500 through layoffs and attrition since early 2017. Likely layoffs to come early summer and fall of 2019. Constent game of musical chairs with leadership. Company provides no direction for the future except to get... read more
I was let go from BFDS in October 2017 after 24 years and employed elsewhere in Nov 2017 to current day. Last night I grabbed my mail and had a 9x12 envelope with the SS&C logo. There was a jumble of sentences on page 1&2 basically indicating that... read more
Have heard of at least three cases now of people on chemo be let go or forced out basically that were trying to get on long term disability .....never believing long term medical disability again as a "benefit". If you truly wont honor the benefit... read more
Wages have not increased in years. Of course if you're talking about low-level jobs at places like retail and fast food, yeah, they are hiring and maybe you get a buck raise for leaving Burger King for Taco Bell. Try getting a Vice President job... read more
Most of the people I know are already hunting down new jobs to get away from this mess. Is this a company wide thing? I really hope it is, a mass exodus of employees might be what the DST management needs to realize they can't treat us the way they... read more
Just thought I’d pass it on.
Quit trolling this board with speeches then praising yourself troll. No one cares.......... Here is a thought. Why not find a discussion board that is actually dedicated for something like that versus on a layoff site where people just want to know... read more
Markets go up. Markets go down. Position yourselves to take the opportunities each present. Money is made going up AND going down. Layoffs happen during either, but more so in a down market. This is all you need to understand to know what's around... read more
Well, given that December 2018 was the worst in stock market history since 1931, you can bet your last DST dollar that massive layoffs will be happening everywhere in all companies. So it doesn’t really matter where you work, the good times are over... read more
I don't know anything new about job layoffs at DST. So I am done with my thought process on this. Now is the next persons turn to state if they know anything or not. Not that hard. Apparently is rocket science to some on here. Yes we get there are... read more
Did layoff ruin bonuses?
Been hearing about a major layoffs round sometime in January. Any truth to that? Frankly, wouldn't surprise me one bit for DST to start off a year with layoffs. That seems to be the only thing upper management knows to do lately to pretend they are... read more
Are they doing more layoffs at the end of Dec or not, this whole not giving any information is exhausting!
As a downtown supporter, didn't they pledge to never downsize? How does Dst former upper management feel about the owner's changes?
This article is in one of these threads iirc: DST employees were hit Tuesday with massive layoffs, but the decision to fire 6% of the back-office providers’ staff should have been no surprise to those listening to the firm’s CEO speak to investors... read more
They are changing the game up some. The large layoffs are being replaced with smaller discreet layoffs. With their overall objective of offshoring all coding efforts and their need to meet the numbers, it is inevitable. Their agenda has not changed.
In 1979 the joke was Dst stood for "don't stay there", and anyone wanting to be appreciated did not stay at dst. Dst is toxic. The layoffs effect the hang on group that should have never stayed 20 yrs. Sadly some made it their whole career, while... read more
How can people be thinking about bonuses and raises right now? We've been having constant layoffs, which we know are going to continue well into the following year. This has stopped being about bonuses a while ago, now people are lucky if they still... read more
Should cut management 20 yrs ago. They created criticism as if it was a virtue
Apparently SS&C has confirmed to the labor dept, that the big lay-off will be in April. The biggest yet!
Sies anyone have any info on the Rockland maine site. Rumor is something to be announced by weeks end.
Another KC company will soon see its demise once Sweetman starts cutting benefits, bonuses, job titles, etc. She was the worst HR person ever.
Xmas bonus safe??
In case anyone forgot/deleted the email notification regarding severance package I have copied and pasted the contents below. Dear Employee, As you may know, DST Systems, Inc. (the "Company") has entered into an agreement and plan of merger, dated as... read more
Any layoffs by the end of the year?
State street owns pcg stock. It's down 50% due to cali fires. State stNJ Is a top 15 holder
So there has been a transition that makes no sense to many under a management and several of us has been posting out to different position internally, and from the position, many of us are qualified yet every posting we had apply for has been... read more
I am thinking of asking my manager if I can vlounteer to be laid off on the next rounds. Good or bad idea?
After 26+ years with BFDS I gave my two week notice. At 10:00am when my manager arrived I asked if we could talk and was told that " I just got here I'll catch up to you later this morning". At 11:40 I was approached and asked "what's up"? Since no... read more
Any rumors of a lay off by the end of this year?
Dec 5th all P3's and above will be WFH
I guess we all made it. No lay-offs before open enrollment.
Recruiting Join the Culture Change Movement! ..Change Champions will ... help energize and motivate our workforce and enhance behaviors related to communication, collaboration, accountability and other corporate values What in the actual f-ck is... read more
Good job everybody. Yes we are still doing a mass layoff this 4th quarter. Keep making stone money before you get kicked out the door.
Any idea how many gone so far? Any buildings up for sale? Clients bolting to other competitors?