Any news about Albany? We’ll be down to less than 50 employees by the end of October. Hard to believe they’re renegotiating a lease with so few people left.
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Topics regarding layoffs at DST Systems
I think they positioned a few key employees to work remote but not everyone can work remote, so why so many unanswered questions looming over Southfield? So much for being upfront.
So far I have heard a couple of different rumors regarding the next layoff date, I heard September 24th-25th was the earliest but then there's another rumor that it would take place in October but no specific dates were mentioned. Has anyone else... read more
Has DST been known to rehire employees who were laid off a few years ago? And if so, what kind of pay do they get?
We haven’t seen anyone from SS&C yet but Mike will spend the day here today.
Funny Its blocked at least at DST Pharmacy Solutions which is stupid for we can just come here on our cell phones, tablets and home pcs. I heard of more layoffs in October. In the call center we are way over staffed. They are too cheap to pay us a... read more
If you look at the raises Dst gave it shows their level of care about retaining staff. The 1 to 2 % raises over the years were a silent layoff, that resulting in many people leaving. But I was friends with a mid level manager that received 10% +... read more
Any word on next round of layoffs?
It will be a dark one for kc, as it hasn't provided much outplacement support. The fed reserve is hiring, they are stable
I resigned after over 20 years. Hard decision to make. The not knowing was really getting to me. I am too young to retire and it is hard to tell how long the Quincy office will be open. I start a new job on Monday.
I've been reading about reduced severance in following rounds of layoffs. Where did this info come from? Is it true?
To this day I still like working here. I enjoy coming to work, I like the people I work with, and I even like what I do. I'm on this page out of fear I'll lose all that, not because I hate the company. Am I really alone in this? From the posts here... read more
I am just wondering if former BFDS employes layed off on June 26th are having success finding a new job? I would appreciate any input, or guidence with what you have been dealing with for the past two months. All my best to my BFDS/DST/SS&C fellow... read more
There’s been mention of additional layoffs over the last few months of 2018. Does anyone know if this applies only to those who received a delayed severance (those informed in July they would receive their severance if they stayed until October, for... read more
Looks like a lot of people got stock option grants. There's some confusion about who all got them. Looks like level 4 and above? Vest 25% after a year and then every month for 36 months.
Two gone this morning. Not sure of the circumstances yet, but hearing both gave notice and were ushered out of the building. Walked by one person's desk and appears she was prepared to leave as personal items that were there recently were gone.
Who will the CTO be when layoffs are complete? Seems redundant to have a CTO for both. They already consolidated finance.
With little to no layoff chatter here, does it mean we are in the clear? At least for a while? I'm certainly hoping so.
I'm just a "hanger on" continuing to hang on. Well, hang out actually. Cashing checks, chillin. Anyone working overtime for these fools is a chump. BUT pay and vacation are to good to walk away from. Who knows, I may even survive the culling. Just... read more
Michigan office to close 12/30/2018, most will be let go with the exception of those staying until 12/1/18. Managers will be kept on as remote employees.
Has anyone heard that DST Health is being sold to Amazon?
During the town hall Stone said "treate people how you would want to be treated. If they sue you they sue you, so what". Either Stone considers employees less then human or he likes to be treated like tra$h to be taken out every other quarter.
Some of you may have suspected, but within the last week this site has been "man in the middle" when accessed from within the company network. Verify this by viewing the site certificate in the browser, get the SHA1 fingerprint and check that against... read more
Cuts will happen. Bill wants to take SSnC to take over ALL the administrative expenses like HR, IT, Facilities, Legal, etc by next year. He will keep a small team to administer his plan. Then all offices, worldwide will need to be consolidated. Any... read more
SS & C just announced the purchase of another Boston based financial software company. I see a trend developing.
Anyone know if HR or company will accept a voluntary layoff? Having been here 20+ years was hoping for layoff with severance instead of quitting.
How long does it usually take to receive severance payment after being laid off?
Fourth quarter 2018 will be the last for this year. Less then 150 from KC and around 60 from AL. Michigan office to close 12/30/2018, most will be let go with the exception of those staying until 12/1/18. Managers will be kept on as remote employees.
You can file on-line and it is really easy to do. It can be helpful income while you look for another job.
As per the recent communication from the leadership team, There will be no more layoffs. The excellent sheet that managers were asked contains the list of skill sets that each associate possess but not about his critilacity. So it's safe now if you... read more
Anyone hear anything about what they're planning now?
Wow.. entertaining town hall, we all left there both laughing and scratching our heads, is that the way William Stone always is??
Mr. Stones poor attempt at humor to try to make everyone "feel better" did nothing but the opposite. Just shows we have a new nut job in town... Should take his "show" on the road to AGT and get shot down. Soon as someone says yes and I get an offer... read more
Here's the transcription: Are customers are stupid thats why they pay us. Our customers are dumb thats why they need us. My kids dont know anything. I like are customers money. Im going to kill myself. I can do anything i want to anybody i want... read more
There are a few close-knit directors who are now acting God-like, playing favorites, lying straight to their employees' faces, covering up major customer impacting mistakes that will result in missed SLA's, with financial penalties. These people need... read more