Topics regarding layoffs at DST Systems

Topics regarding layoffs at DST Systems

DST Systems Layoffs 2025

What's your prediction as it relates to the possiblity of DST Systems layoffs? Any chatter, news or rumors?

July layoffs

What's happening with rumored July layoffs? Has there been any news on that?

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| 333 views | | no replies yet
Post ID: @OP+1trQMtvE

Smoking

I breathed plenty of secondhand smoke at Dst

Circus - Job Postings for Laid Off Positions

Who the he-l is in charge?! All these positions that were not so long ago laid off are now being posted to fill. What’s the point in laying off knowledge and talent just to backfill the positions 9 to 12 months later with people off the streets that... — read more 

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| 1251 views | | 5 replies (last April 17, 2024)
Post ID: @OP+1rbMzZIC

Dst in one word...

Dst described in one word : silly. Silly executives, silly programmers, silly downtown location, silly treatment of problems. Serious clients, serious sc--w upside. Outta business

I leave Dst off my resume

I leave it off. I don't want to be associated with such a backwards place. I am afraid it would hurt my chances of getting a job as it's known for employing the bottom of the barrel. I have great job references from other jobs anyways. Every comment... — read more 

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| 703 views | | 1 reply (December 5, 2023)
Post ID: @OP+1ppKP1ED

Dst vs. Ups truck driver wages, layoffs

UPS will be paying its local delivery drivers with 5 years work experience 170k per year. That way more than dst pays its average staff. Plus dst staff is always at threat of layoffs. Its actually better off financially to be a ups local delivery... — read more 

Industry changes

In one of the earlier posts someone's brought attention to the importance of keeping up with the industry changes and expressed belief that this company is failing miserably at it… I absolutely agree with that... You? What I don't have an answer to... — read more 

Lawsuit settled for $125 million.....

After spending millions to shut down the former associates who had files suit, DST/Stone have agreed to settle for $125 million......even lower raises will be in the future to make up for this.

layoffs

thread for groups impacted

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| 1190 views | | no replies yet
Post ID: @OP+1n1m8SC2

A company that works against itself

It seems to me that our leadership neither want to think much about their bad moves with negative consequences for the company nor want to change things that aren't working out. That's why they go from one mistake to another. Why is it harder for... — read more 

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| 1684 views | | 6 replies (last September 28, 2023)
Post ID: @OP+1mcM9gvU

The place was a total joke

I worked at this company for 2 years. It was the weirdest place ever. Every decision make was the wrong one. Huge nightly processing hickups due to unqualified staff. Worked at Hallmark, H&R, and Sprint. All much better run. Even Sprint was at least... — read more 

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| 1523 views | | 4 replies (last September 18, 2023)
Post ID: @OP+1mbOhtsr

I finally got a new job

Two months since I was laid off I finally managed to land a new job. I started last week and so far I love it. Much better atmosphere and morale than at DST. It's roughly the same pay but with better benefits. Judging by the past week, DST laying me... — read more 

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| 1150 views | | 1 reply (April 21, 2023)
Post ID: @OP+1mbgL2qC

No more ot!!

They have completely cut out OT in my department. What a selfish company doing this during this moment in time.

Anything on Merits/Annual Reviews?

Merits were effective 4/01, no word on annual reviews either. I’m finding it hard to have any motivation to work when I don’t even know my hourly rate.

Layoffs are often a blessing in disguise

I got layedoff from Dst. Best thing as it's going downhill. The company with massive blindspots, poor systems, hostile managers and below market pay is almost extinct. Harrassement takes many forms. Sometimes it's just hostility against someone that... — read more 

Severance

Anyone from the recent layoff want to share severance details? Has it been reduced to a years salary, minus 40% in taxes? It used to be 2 weeks for every year worked.

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| 1860 views | | 3 replies (last March 31, 2023)
Post ID: @OP+1llf78Dc

Layoffs at DST

I'm surprised we haven't heard anything about layoffs so far this year, considering that the entire industry is busy laying off tens of thousands of employees every week. I'm currently in a state of constant anticipation since I'm certain we won't be... — read more 

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| 1550 views | | 1 reply (February 6, 2023)
Post ID: @OP+1l0uuzuN

Signs of disrespect

There are very few of us here who can say that they feel respected at DST. The managers are rude and extremely unprofessional. There are those who will say that this is just a job for which we are paid, but still, great employees need much more... — read more 

Letter from our Leader!

From: Thomas Musk To: Team Subj. All Software Engineers Date: Nov. 18, 2022 [time stamp removed] Anyone who actually writes software, please report to the 10th floor at 2 p.m. today. Before doing so, please email me a bullet point summary of... — read more 

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| 1855 views | | 5 replies (last November 22, 2022)
Post ID: @OP+1jMaMWIq

Ignites Article

SS&C Overhauls Comp After Say-on-Pay Rejections Each of the firm’s top-paid executives will get a raise next year, a filing shows. By Joe Morris|October 19, 2022

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| 1788 views | | 6 replies (last November 19, 2022)
Post ID: @OP+1jihxgt7

Severance

How generous is the package? I'm asking because I don't know if anything has changed in the meantime in the severance policy.

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| 1554 views | | 4 replies (last October 19, 2022)
Post ID: @OP+1jcAott1

Layoffs

Layoffs are going on right now. Nothing left of this company!

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