This company fictionally writes their spreadsheets to manipulate the stock prices. They are only a shell corporation that is a master at producing fictional financial reports. The truth will come out eventually.
Topics regarding layoffs at SS&C Technologies
SS&C has not done a successful acquisition yet. Why do financial institutions keep loaning them money to acquire companies and crash them ?
If stock traders knew the truth how SS&C operates, no one would buy this stock. They are masters as spreadsheet engineering.
If SS&C acquired your company and you still work there it would be wise for you to research the company you are working for.
SS&C is known for acquiring companies, moving any existing work out of the country, laying off their people and taking all of their assets. This is a terrible practice that dissolves American companies and destroys jobs. The CEO of SS&C and the... — read more
SS&C Health Solutions is not working to be a progressive high technology healthcare IT company. They do not want the modern knowledge progressive thinking people working with them. They seek to keep the stagnant old technology has been people working... — read more
If you care anything about your people and SS&C shows an interest in acquiring your company RUN. They will layoff all of your people and strip your company of its assets. That is what they do.
The operating systems and platform infrastructure they run their software on was discontinued years ago. Technology this old should not be still in operation in the healthcare industry. Healthcare is supposed to be modern not using 40 year old... — read more
There is no way anyone can take this company seriously.
Looks like we all got laid off so they could acquire a new company. Seems healthcare centric so maybe they aren’t trying to sell it off.
SS&C acquired DST and Health Solutions was acquired along with the DST company. SS&C knows nothing about Healthcare Technology and it really shows. Their decisions have driven the Health Division into the ground. Clients leaving, key employees and... — read more
Most of us left working at health solutions are expecting to get a phone call as we work from home during this coronavirus outbreak, to inform us we are no longer needed.
Most healthcare technology companies look to improve the level of care by using technology. SS&C takes advantage of this and promises they are going to work with health care organizations to raise the level of care. The problem is SS&C no longer has... — read more
SS & C is known as a stock manipulation organization. Why would investors buy this stock ?
The next step for this company should be to shut down or be shut down.
There are other good jobs out there. You don’t have to keep working for a tyrant Bill Stone company.
Run! Don't walk! Run to the exit! SS&C will do nothing to expand the company. Consider your company culture, your identity, your special benefits (whatever they may be) gone. Year 1 will be a tight hand around the purse strings. Year 2 will be... — read more
I wonder if they were still lay off people in April given all of Jackson County is shut down due to the virus For a whole month? Kind of hard to discuss your layoff and to sign documents on any playoff package if you’re Working from home. Part of me... — read more
Ha! The stock is cratering and I love it! Let's see them acquire their way out of this mess. Now the rubber hits the road - SS&C lacks the talent (no less the business acumen) to actually create anything of value. Can't wait to see it hit 30.
From inside sources, bonuses were handed out to the (remaining) beguiled employees probably in an attempt to retain and allay future concerns. This happened after the most recent round, so probably after the review cycle. Apparently, the best bonus... — read more
With the clients canceling their contracts, the April layoff will be around 300 more individuals. The severance package is only 2 weeks total, not 2 weeks for each year of employment. There will only be a skeleton crew left to run the show. The... — read more
They keep laying off employees and lower management and threatening even more layoffs throughout the year and yet it's their own salaries that are the biggest burden on the company's bottom line. Not to mention that most of the people running this... — read more
We do business with people not stock prices. As a long term DST Client, we are going to get away from this organization as soon as we can.
Looks like this last layoff was about 300 people for DST. For the people left that did not get hit in this layoff, there is another one being planned for April. As the DST Senior Management stands up and says, "there will be no more layoffs, this... — read more
The recent Feb. 24th, 2020 layoff left us as a Health Solutions Client without a very key person that had been supporting us. This also happened previously when they had the layoff prior to this one. AT this point we are now looking for other... — read more
I was affected by this round of layoffs. I'd been with the company for less than 5 years. They hired me away from a great company and within weeks of getting hired, they did a massive layoff but I was not affected. I was told over and over that my... — read more
Getting laid off from there will end up being the best thing that could happen. People will find out how underpaid they were. Exactly! I left on my own a year ago for a job that paid nearly 50% more - and it was the same position! I keep telling... — read more
How are ops being handled and why different to everywhere else? No communication, just whispers still
I've heard from a few people it might not be over yet. SS&C seems really determined to keeps us guessing for who knows how long. Just get it over with, already!
Does anyone know what SS&C’s severance policy is?
It's too expensive for them to operate in the UK and we are seeing many jobs slowly being offshored to Ireland and India. This trend cannot be reversed.
After 20+ years I am leaving the company. Just like others noted here on this board, I see a lot of experienced people affected - I'd say they went mostly after folks that were compensated well and had long tenure with the company. This may work... — read more
Good grief, there's not going to be anyone left to service the clients Well, the clients leave and there's no need for the rest of us.
DST UK have just announced that although we have reached 28% profit, it's still not the 40% they want so we are going to get there by redundancies in IT and Funds. Offshoring to India and Ireland. Its the beginning of the end...
Get ready on Monday.... 🐖⛏
I hope things turn out good!
So I read in an online article. Looks like SS&C health may shrink fast for Humana is a large part of their work volume. Why use us as a PBM if they own one and their contract ends June 2020?
Hi all, although not the right forum, figured it'd be worthwhile to ask my questions. Software professional currently being interviewed for SS&C Technologies. I have to admit I am not so impressed after reading the Glassdoor reviews. Few questions... — read more
Yup $200m and 200 people in IT are about to get RIF’d. They’ll likely wait until after earnings release as Billy boy and Rahul don’t like to face the analysts with bad news. And the best part is all the accolades they are getting. 😳 Isn’t it... — read more
Any word on stock options this year? I saw Bill got his $450k at around $61 strike price.