Topics regarding layoffs at SS&C Technologies

Topics regarding layoffs at SS&C Technologies

Birmingham office

Heard they closed the Birmingham office today. Su-ks for all the KC folks that have to go into the office 6 days a month. 🤣🤣🤣

How's Blue Prism Thing Going?

Let's see 1.5 (?) Billion paid? how's that going these days? Heard there were layoffs, etc. How's the demoralization factor of life at SSnC... fun no more.

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Post ID: @OP+1rLeXRoZ

1% raise

4% inflation rate in 2023 but somehow we should be glad for a 1% salary raise?

More Layoffs!

A load of more UK layoffs just before bonus and merit reviews! This time they are taking out people from the top. Senior directors who have been tapping people on the shoulder with an offer they can't refuse have now also been given their marching... — read more 

Firings.. no severance Quincy

After outsourcing so much work there is less for us so now they can claim low productivity and fire you after only a verbal warning.. NO SEVERANCE.

Another UK Wide System Outage...

Yet again, the RSA authenticor has suffered a catastrophic failure, leaving most of the UK unable to work. It seems to be a monthly occurrence now. Where is the testing of these changes before they are rolled out? Where are the rollback and... — read more 

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Post ID: @OP+1qQqMxaL

Why No WARN Notices

Most companies are required by law to file a WARN notice when employees are being laid off and it's material in nature - funny how SS&C doesn't really seem to do this process... inquiring legal minds want to know...

Quality standards a thing of the past

I wish clients could see what is happening internally. If a frontline worker is doing poorly we just hide their work from being seen or reported to the clients. It’s wild how much stuff we slide under the rug and not tell anyone. Management is... — read more 

More UK Staff Going 8/12

3 that I know of, rumour is around 50 in total. Seems that rather than a big bang, it's a weekly trickle of around 20 people each time Death by 1,000 cuts

Another RIF in UK on 30/11

Another raft of staff out the door in former DST UK office on 30th November. Not sure of numbers but I know two of those affected in IT and been told there's a reasonable chunk going

Everyday gets worse. Managers su-k.

No one cares about the morale of the team I’m on. Stretched thin, “get it done” attitude, and people constantly leaving. They can’t get anyone hired in at the rate people are leaving. A constant revolving door. Ugh I hate it. My team is getting so... — read more 

The Work Number - Bad Data

Not sure if this is a one-off or more broad of an issue, but in going through the background check process for a new employer I discovered that whatever data was fed in ADP's The Work Number for title didn't match my actual title. This raised a red... — read more 

Leaders in Technology lol

No one in the UK could logon Tuesday morning because they decided to switch from RSA to Microsoft MFA. Most critical people had to go in the office and there wasn't enough desks. The whole company is a joke!

Referral requests??

Emails going out to tell people to refer their friends and family SS&C is hiring! I'd love to know who hates their friends and family enough to ask them to apply. Those referral bonuses aren't enough to ruin relationships over.

Systems down every morning.

I can’t even do my job or meet my productivity because the systems are down every day. Happened like the last 10 days in a row. This company is so annoying.

More Layoffs next week 10/26 effecting GIDs

Can confirm next Thursday there will be another staff reduction. This will be for all of GIDs, not sure on areas but know that it will impact Broadway building so Kansas City.

RIF for SS&C to happen on 10/10/23

Confirmed RIF for SS&C on 10/10. Unknown how many business units will be impacted but Retirement Solutions will be one affected. Good luck to everyone in that org.

Wonder what he thinks of Blue Prism Deal now...

oh Bill, buddy you paid 1.5B for a company that did $100M/year - and did the value of SS&C change at all? Probably went down. I wonder if someone is thinking - wtf did we do taking on that much debt with nada to really show for it. I'm sure... — read more 

SS&C DST 401(k) class action lawsuit for $125 million

DST Systems and Ruane, Cunniff & Goldfarb agreed to pay more than $124 million to resolve a class action lawsuit claiming they mismanaged an employee 401(k) profit-sharing plan. The settlement benefits current and former participants, beneficiaries... — read more 

Corporate Su----e?

The latest round of RIF's in the UK have pretty much devastated the GID's business here(seems to be over 10% of our workforce gone in this round of cuts) Anyone that knew the job has left with irreplaceable system knowledge just gone. We're now left... — read more 

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Post ID: @OP+1oMUJb3N

Info on layoffs

Hi, If you have any information on this latest round of layoffs at SS&C, please reach out to me today or early next week. Specifically, I'm interested in around how many were laid off, what divisions, and any other context you might have. We can... — read more 

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Post ID: @OP+1oJPFoGl

SS&C Skeleton Crew

What a surprise more lay offs. Every department is already operating a skeleton crew. There is now no network team in the UK, all operated via the USA. FAST (Funds) business makes up three quarters of GIDS revenue yet they fire the only night shift... — read more 

Coincidence?

Hmmm so is it coincidental that Billy Bob canceled the Town Hall meeting right after they started laying people off? I think not. I think that he needs to down a few more drinks before he can come up with a good lie to pass on to the remaining... — read more 

RIF for SS&C 9/12/23

The latest RIF happened today. Don't know how many but I was included.

Moving Corr Offshore

They are training offshore to write correspondence, and are trying to force corr to take phonecalls. It seems like the AI is not so good at writing "easy" letters if they have quickly turned to offshore to write instead. I wonder how long before most... — read more 

Layoffs In UK for ex DST/IFDS

More redundancies this week. We are missing SLA's on a daily basis due to lack of staff but the cuts keep coming. Guess the SLA penalties in contracts are less than they save on the wage bill cuts... No wonder all our clients are leaving. The... — read more 

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Post ID: @OP+1otKUjyo

Tired of being sick and tired

Hardcore on the job hunt. And seeing some of Kansas City and Rockland’s positions posted on LinkedIn, that pull bodies fresh off the street, into seats in positions lower than mine, making more than me walking in the door is demotivating. Being with... — read more 

This place get sued yet...

Not only discrimination on older workers.. Now on women wow Billy Boy hope you loose that ugly a$$ shirt you wore on every Town Hall.. Sincerely an Ex Tick...

Thoughts on Tracy Shelby’s retirement?

I think he was one of the last leaders left that felt engaged, showed that he cared about our product, and had the people skills necessary to make employees feel valued. He will be a tremendous loss and I think just shows the downhill we are facing... — read more 

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