Dst is defunct. Its stock is delisted. This thread should be ended. Dst does not exists.
Topics regarding layoffs at DST Systems
Interesting no new rumors of when the layoffs will be? Maybe we should've started a pool on the date.
Yet another rumor that tomorrow 3/20 will be D-Day... Does anyone know if there is any truth to this most recent rumor? Any layoffs happen this month anywhere in this company?
I have just been told that there are no pay rises this year across the whole of SS&C. Is this true? How often often does SS&C do this or is this the first time.
Can’t wait 😊
Just got a return text from a now former co-worker. He went out on a medical leave the beginning of February and was due back today. Few of us chipped in and bought coffee, bagels, etc...to welcome him back and he was a no-show. Someone else asked... read more
With so many experienced people layed off in June 2018, I don’t see another layoff in the forcible future.
Anyone see a bonus come thru yet?
Its not because you’re old. It’s because you are most likely difficult to get along with in the workplace and you’ve made a bad name for yourself, people talk, companies call colleagues at other companies to check you out before they even extend an... read more
Bonus paid and a pink slip.
Is it really not happening until April...
I heard they are going to pay out the bonuses the End of February, then instead of your your performance raise in April, they will lay you off with all getting a 2 week severance.
Just curious about what your are hearing around your areas.
Everyone’s had a year to find a new job. If you’ve been in your role a very long time, like over 5+ years, never grown or had a promotion, you’re a gone. My group is slow as molasses. We all know it’s just a matter of time, and that time is most... read more
There’s a rumor.
Does that make us all safe from future layoffs? I mean they would not give us stock in the company if they were going to lay people off, right???
I hear that due to the upcoming ice storm, they have placed all critical personel in rooms at the Marriott. If you weren’t offered a room - you are on the lay-off list.
When is the layoff?
Let it be today, the day they let some of us go....
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