DST Systems Layoffs

Topics regarding layoffs at DST Systems

When's That Crash Coming?

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!

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Post ID: @12TvgOVj

Stock options

Any word on stock options this year? I saw Bill got his $450k at around $61 strike price.

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Post ID: @12MbiqZj

Thanks Joan!

For the $25 gift certificate at the plaza stores

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| 560 views | |
Post ID: @12FmJQKf

Merry christmas

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 

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Post ID: @12A4tjmw

January layoffs in IT

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?

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Post ID: @127ce4mH

DST Systems Layoffs 2020

This is a generic discussion thread to capture comments about potential DST Systems Layoffs 2020? Any news or rumors?

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Post ID: @125MthXy

DST Layoffs were long overdue

DST only cared for their top executives. I expected layoffs long ago, to boos stock price. DST cared less about their staff, or their careers. You even had to pay to park in their company owned lot, even though it was for their benefit. Other... —  read more 

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| 1153 views | |
Post ID: @11Tf9F9h

401K and Severance Payments

A recurring problem encountered with many 401k audits is the treatment of severance pay and subsequent compensation. To properly determine whether compensation paid to an employee during or after his dismissal is considered as compensation eligible... —  read more 

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Post ID: @11G2aR2U

The Fat

Where would you cut the fat?

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| 1093 views | |
Post ID: @11Ff4MSh

Happy With Your Merit Increase?

I hope you're happy with it cause this is all you're getting till this time next year! Did you get 1%? Less than 1%? 2%? 3%? Wow you must really be doing something right to get 3%! or more! You were probably promoted and got 3% as your promotion... —  read more 

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Post ID: @11wpwv2t

RIF - Week of 10/21

Anyone else hearing rumblings? If I was only hearing it from one or two people I wouldn't give it a second thought, but have heard from a few including a client this morning.

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Post ID: @11cqekv9

Its not fair, layoffs and payouts to management

Its not fair that management got huge multi million dollar payouts. It should have gone to our retirement funds for long time workers and retirees. People who barely worked at dst made 20+ million in payouts

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| 1100 views | |
Post ID: @1155DOEY

Insfrastructure Going to Sh-t

VPN down twice this month alone. Guys you gotta keep the basic infrastructure up! No wonder with all the outdated, out of support software and hardware they have. News flash senior executives: Not updating you sh-t costs you $$$, it does not save... —  read more 

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Post ID: @10LlnmIz

2019 Performance Review Merits

Welp if you were expecting even a reasonable increase in pay this merit cycle that so called was to get in-line with the SS&C performance cycle. You will be very disappointed. The merit increases will be penny’s meaning if you were rated a 4 or even... —  read more 

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Post ID: @10G5RjIr

Dst was sure to layoff everyone

Its staff were just pawns to make the executives milliions in stock option profits. Execs never cared about regular staff

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| 650 views | |
Post ID: @10CH0GrX

Circling the Drain

Well if attrition is what they want, that's what they're going to get more of this time around. But it's the same old DST song. The people with options left a long, looooooong time ago. Now you have the disengaged hangers, who don't really know or do... —  read more 

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Post ID: @10xmPf23

Another KC Casualty

Waddell Reed, welcome to the east coast takeover of “fly over” country with your just announced layoffs.. Stone won’t give a thing about you next year. Stone, great work on your over aggressive earnings guess by eliminating key KC employees at DST... —  read more 

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Post ID: @10jvyaUQ

Video update

The video by Mike S this week was a joke. No useful information. They are sticking with the BS excuses for no raises.

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| 1271 views | |
Post ID: @101PRnAd

We need to start cutting dead weight in management

Why keep VPs, Directors and Managers that are part of the reason things are so bad. If you keep doing the same thing you will get the same results. Come on new guy, get it in gear and start cutting dead weight. Don’t fall for their ideas. They didn’t... —  read more 

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| 1119 views | |
Post ID: @ZYcQaON

Goodbye old guard

Recently heard after a--&C Health progress update - If you are a 10+ year employee you are part of the problem. Get out now and leave on your own terms or SS&C will show you the door with just a 2 week severance. Clients don’t want you and neither... —  read more 

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Post ID: @ZXbBbHf

Ss&c health who's buying?

Word on the street is the new healthcare ceo got mr bs a seat at the dinner table with ibm. Lots of medical data on the heathcare side of ss&c for data analytics. Ss&c lacks the innovation and talent to put it to use. If only a company existed like... —  read more 

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| 1243 views | |
Post ID: @ZQ6nzeO

Health Solutions New President

With todays announcement the Health Solutions business can rest assured they will sold and/or spun off in a year or two. This guy has experience in "high performing growth business, including startups and divisions of larger companies". This is... —  read more 

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| 1497 views | |
Post ID: @ZDRyBTr

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