DST Systems Layoffs

Topics regarding layoffs at DST Systems

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 No wonder with all the outdated, out of support software and hardware they have.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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| 578 views | |
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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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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| 820 views | |
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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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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| 822 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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| 975 views | |
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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| 873 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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| 1193 views | |
Post ID: @ZDRyBTr

DSTPS management on their way out.

CEO is gone. VP (buddy of CEO) was promoted to take CEO’s place by the CEO before leaving, has given notice. More managers will be joining them. SS&C is wise to clean house on Managent level. —  read more 

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Post ID: @ZyQ2mJo

Winchester for sale?

Heard a rumor today that Winchester is being sold....anyone heard this?

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| 981 views | |
Post ID: @Zr96UIu

New tenant in BWB?

I think DST is supposed to be out of BWB by the end of the year. Wonder if the building will be a potential landing spot for Waddell now that they have announced they are looking to move? Could be a bitter pill for the former DST folks working there... —  read more 

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| 1160 views | |
Post ID: @ZqzV8lp

July 1st

July 1st is approaching. If no major layoffs by then it will have been a whole year anticipating when the next major RIF is without it happening. In my book that put's Stone a step above Hooley. Time will tell just how good of a ceo he is not only... —  read more 

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| 1144 views | |
Post ID: @Zd3Pptp

Layoffs and DST closing is a blessing

DST was always known as a sweatshop with poor management, and abusive management. Nowdays some of the stunts the managers pulled would be considered "hostile work environment" and there would be lawsuits filed. DST could have been a much bigger and... —  read more 

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| 1154 views | |
Post ID: @Z6xN0qV

Sungard

Any layoffs going to sungard? I was hired in the 1979 era, there were no non competes. Left dst about 1998 and helped them with escheatment. It was a good place

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| 519 views | |
Post ID: @Z4rmTMX

Quincy office relocation?

Anyone else hearing that discussions are taking place that the Quincy office staff could be relocating into Boston around the beginning of the Fall? Lease buyout is being negotiated.

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| 1151 views | |
Post ID: @Z2BmbJQ

Long term career at DST?

Does anybody still believes there is such a thing? Both older and newer employees - do you think a long term career is still a viable thing at DST?

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| 946 views | |
Post ID: @YYqBHV3

This is just the start

The sad part is the hurt is only begining. Large successful companies get that way by providing innovative services or products. Like every established company the innovation fade's over time. Stone is making a good attemp to keep it going by... —  read more 

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| 1062 views | |
Post ID: @YRhmQkm

This is a recipe for failure

Two people started working in our department in April as replacements for a few who decided to leave this mess on their own, and I'm appalled at how little they know and how little they're trying to learn. Is this where we are now? Is this the best... —  read more 

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| 1173 views | |
Post ID: @YR0egVL

DST needs to stop getting rid of people

We can't lose anymore people and continue to function properly. Too many people have been laid off, too many have left on their own, and too few were brought in to replace them. We are doing the work of two-three people each and if we have to pick up... —  read more 

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| 1329 views | |
Post ID: @YQ0adIQ

Dst was a joke management wise

dst layoffs are direct result of bas management. Missed indusrty standard of sub accounting. Promoting executives lovers was always a bad move. Rockhurst infatuation was silly. As a result, dsr is gone

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| 1142 views | |
Post ID: @YIXBwk3

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