I breathed plenty of secondhand smoke at Dst

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 

I was told to keep the levelor blinds at a 45 degree angle - no more as associates would then want to look out the windows and not be productive.

What are your thoughts about potential DST Systems layoffs? Any chatter, news or rumors?

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

There are a lot of rumors, but little concrete info.

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 

I urge staff to quiet quit. Do as little work as possible. take all your vacation each year. take all your sick days. The more people that do less work, the more they will have to get new hires and the layoffs will stop! We don't owe this company our... — read more 

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 

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 

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.

thread for groups impacted

What was your %?

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 

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 

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 

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

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.

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 

State Street owns 5% of Silicon Valley Bank stock per Yahoo finance, under the Institutional Holders column. That 326,888,980 shares that just went to zero $ - total loss. Thats going to hurt the bottom line. I know State Street is related to DST and... — read more 

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.

So there were some major remaining healthcare clients, heard they are leaving - anyone know ballpark when?

Hitting most areas it sounds like.

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 

Just wondering how BP is liking their new home. Let’s integrate with AWD…

After layoffs did any staff file se-ual harrasement lawsuits, seeing there was nothing else to lose at that point?

Thoughts? Any DST Systems layoffs? Any chatter, news or rumors?

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 

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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I found that advancement in the DST org is almost non existant compared to what H.R. depicted when I interviewed. They lie!

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

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

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

I hope there will be no more layoffs. I mean, people are leaving left and right anyway.

Yes, I too know a few people who came back here after they left. I would never do that, not even if they offered me much better conditions. And apparently they offered much better conditions out of desperation to attract some people again?

Been with the company about 13 months, and I have no words for the technology. Shell execution, path not found, drives disappearing, restart/shut down, force close, “wait for response”, Global Protect disconnects, blue screen death, loss of data on... — read more 

I used to be proud to work here. Not anymore though... Management seems to only know how to make cuts and nothing more. Small correction - they don't even know how to make cuts, because they mostly cut people they should be trying to keep at all... — read more 

If I don't get laid off, I will leave anyway. It makes no sense to stay in a company that has no future. Can you even imagine what DST will look like in five years? Unfortunately, I can't see anything good. Looks like fall is inevitable but aren't... — read more