Sungard Availability Services Layoffs

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Topics regarding layoffs at Sungard Availability Services

More layoffs this week?

I'm panicking, I've heard it from several people now that we are looking at more - and not small - layoffs this week. Is this true? Is there more info on it? What locations are getting hit? I'd appreciate any info on it. Working at Sungard has become... read more

UK?

Not sure if this is someone playing games or an insider. Probably the same person that posted Giggles would be out at the end of 2018. He's still here This was posted to to an earlier thread: Uk is sold!!! Trust me you will here by April all... read more

Sungard eliminates service awards

Sungard in a desperate attempt to save money has now eliminated service awards, as if someone would want to work here for 5 or more years. Instead you get a 'thanks, don't let the door hit you in the a-- on your way out.'

Just force their hand and make them pay for the layoff

ere will ALWAYS be a severance or they will have to justify it as as being fired. And it is almost impossible to justify firing. So just force their hand and make them pay for the layoff, there are a ton of jobs waiting - and you get a nice chunk of... read more
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Post ID: @X1miUuI

CEO - Stern or Phil Silvers?

According to Wikipedia: Sgt Bilko (Phil Silvers) and his men seemed to spend very little time actually performing their duties—Bilko in particular spent most of his time trying to wheedle money through various get-rich-quick scams and promotions, or... read more

Well it's 2019....

Giggles is still CEO. There have been no major layoffs in the last 60 days. Management is saying there is nothing in the works as far as layoffs. There needs to be better sorting of rumor from reality.

We are just an expense to them

I'm getting so tired of being seen by upper management as nothing else but an expense they need to find a way to get rid of! Do they really thing that Sungard AS can survive without the very workers that built it up in the first place? We are their... read more

Chaos and uncertainty

I’ve managed to work for Sungard for 4 years without getting laid off, but sometimes I wish that I was. The pressure of working every day with the thought that it could be your last is not an easy thing to cope with for years. It’s obvious that the... read more

Damage Control on Glassdoor

Looks like there's an effort on Glassdoor to blow sunshine up potential recruits back ends. A "Current Director" recently posted that SgAS is "A Wonderful Place to work - Even in Tough Times!" along with some 4-5 star reviews from the crack team in... read more

Lean Six Sigma

Did anyone think that Lean Six Sigma C-ap was really going to help with this company ? Talk about a waste of energy an money.

As anon as this is

Why hide anything at this point? You are here and only you will know who dropped it. 3k employees left I guess. Do the right thing.

Serious Software Development

I'm in sales. Customers tell me (actually they yell at me) that support is so horrible. I know I'm targeted, I just can't sell a dead product. Do we even have serious development? Do developers even exist at Sungard AS? Customers ask about APIs and I... read more

Employee engagement survey

Sales are falling off a cliff. What to do? I know, take an employee engagement survey. More than 1900 employees responded, and what do we learn? Employees in India are happy. We're hiring lots of them and they get big raises at review time. Employees... read more

Another SVP of Sales Inbound - Seriously??

The stuffed suit in charge of company sales just announced he's hired another SVP into the Sales group. Like one more SVP of sales is going to make a difference. This AL has to be being paid on the number of SVPs and VPs he can hire before the... read more

The stars are aligning in September

Quite a few team org changes and word of remaining veteran sales management getting pushed out the door seem to be pointing to big changes and a new wave of layoffs in early September just after Labor Day. Sales look as dismal as ever with the weekly... read more

"RIF" Lynch wins a Silver Award

So first we're asked to vote for SgAS for "Employer of the Year" by our delusional leaders. When in fact SgAS could have easily run away with the "Unemployer of the Year" award. Now to add insult to injury or salt to an open wound, S. "RIF" Lynch... read more

Exits to your right, another 3rd qtr another RIF

As the 3rd quarter results materialize and the id--t running sales continues to lie about his forecast as he did in all of 2017, it's that time of year again where the layoffs have to occur in order to make the Ebitda number so the execs can get... read more

Employer of the Year???.......HA HA HA HA!!

Just got an email asking us to vote for Sungard AS as Employer of the Year. Msg to Sungard AS management --> Look at the ways you've decimated this company over the last 12-18 months. Layoffs, budget cuts, outsourcing, etc, etc, etc. Employer of the... read more

Layoffs at Sungard are always happening

The layoffs are still happening. They are just smaller in number so they fly under the radar. They actually have a blanket RIF for the year and they are bucketing everyone into it. There are at least 12 people laid off after every quarter end and... read more

This really shouldn't surprise anyone

Without a sales team interested in selling, without a product team interested in innovating, without a support team interested in supporting Sungard AS will continue to spiral out of control until it hits bottom. I would be surprised if the Private... read more
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Post ID: @UfGaHOY

Yikes

https://www.moodys.com/research/Moodys-affirms-Sungard-Availability-Services-CFR-at-B3-outlook-negative--PR_384470

BUy out?

Rumor has it that Equinox or another unnamed co. may buy? I thought we were dead in the water and wouldn't be worth much!?

Any news on layoffs?

Very little chatter on layoffs lately, which should usually be taken as a good sign, but I'm starting to worry it's a case of calm before a storm. Do we have any indication on when the nest round might take place? This is Sungard, so I'm sure... read more

I hear they're at it again

This time the SAP team. Gone as of May 1. Outsourced to M-Land. Is the Oracle next? We thought it was finally over, but Giggles & Co. are still cutting like mad. They must be having issues making their debt payments again. What's the matter, too many... read more

Operation Outsourcing

/sarcasm Operation Outsourcing is great we should double down on it, although instead of India and Costa Rica we ought to think outside the box and maybe go with a war-torn countries motif to keep things interesting //sarcasm

666 Reviews

Glassdoor currently has 666 reviews for Sungard AS. How appropriate.

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