Sungard Availability Services Layoffs

Topics regarding layoffs at Sungard Availability Services

We need to be realistic

People are very nervous about this assessment. Having an external firm come in to assess jobs and productivity is not a good thing in a Chapter 11 company. I am all for positivism, but a little realism in the mix doesn't hurt. These people are going... —  read more 

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Post ID: @11lQvLuH

More layoffs coming to Sungard AS

If you were thinking we were done, think again. I'm not sure if it will happen before the end of the year, but I'm positive more layoffs are coming. And I'm not talking a few people here and there, I think we are looking at another major... —  read more 

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Post ID: @11goqwbq

Is CCL BIPS competent enough.

Is CCL BIPS mature enough to be successful at a scale SunGard wants it to function. I keep hearing that it's not.

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Post ID: @10ZeiLF3

Can you feel the energy?

The momentum is infectious. New customers are signing, Customers are renewing and Projects are completing on time!!! The future is bright

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Post ID: @10ZWk1Zg

Are we done with layoffs for now?

Things seem to be looking up all around. Even office morale has improved significantly in the past month or so. Does this mean we can finally relax and fully devote ourselves to doing our jobs without a threat of layoffs hanging over our heads?... —  read more 

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Post ID: @10LDIOwF

Are things really looking up?

Just had a refreshing conversation in the elevator with another employee who shared some positive customer feedback. I see positive posts on social media regarding our team making impacts both in the business community. I am learning of continual... —  read more 

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Post ID: @10vNVSO7

The Next Big Thing

OK, closing another month after filing and guess what... we are all still here. For those of you waiting for some big massive budget cut, focus on something more productive. Sure we will continue to see some churn among our teams. Truth be... —  read more 

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Post ID: @10jwqhCF

AGB Out!

The annoucement of his termination said 'We need to get closer to our customers' .... not exactly a compliment to the former EVP of Sales on his way out ... ouch! He claimed he had a 'turn around' strategy, RH didn't realized AGB was talking about... —  read more 

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Post ID: @ZYqZJmP

Deutsche Bank

Be interesting to see how the layoffs at Deutsche Bank have an impact on Sungard and their master plan. Could end up being quite the game changer if they ditch some sites.

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Post ID: @ZWPrCxx

Did AS get his severence rescinded?

Considering he sent his 2nd company in a row to ch 11 AND admitted he wasn’t keeping up with technology for the past number of years there’s NO way he should receive millions of dollars

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| 782 views | |
Post ID: @ZRJJexO

When the end comes there will be be no wari

I applaud all sgas employees that are loyal to the company, unfortunately that affection is not reciprocal with ownership. Any hope of recreating sgas to Fortune 500 greatness is a pipe dream..... get out now and save your’s and your families... —  read more 

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| 682 views | |
Post ID: @ZRA9Qut

Paranoia sets in...

So I was in the middle of doing my daily tasks, when all of a sudden my network id and password were not working, of course the first thing that comes to mind...I'm on the chopping block and start to put my personal belongings in my bag - just in... —  read more 

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| 856 views | |
Post ID: @ZNCeETL

What’s your impact?

Well folks here we are... Closing our first quarter after filing for chapter 11. Below are my thoughts and perspective: Performance: We continue to see improvement on retention. Growth sales are strong in some teams and soft in others. This validates... —  read more 

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| 1152 views | |
Post ID: @ZLcLFC0

Asset Sale

Next Layoff = When the next big asset is sold... new owners have a math problem.... they gave up ~$900m in defaulted loans to take over a company that is now worth ~$340m..... these guys don’t lose money and they aren’t in the business of... —  read more 

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| 1106 views | |
Post ID: @ZEFOYfH

Who else is quitting if they're not laid off?

Severance is the only thing still keeping me here. If layoffs are done and I'm still here, I have no intention of sticking around. Job market is too good right now to have to suffer through stress caused by the decisions made by our inept management... —  read more 

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| 1671 views | |
Post ID: @ZofoS6D

RIFS Are here Beg of June

It took about a month for the RIFS to surface. Any one drinking the cool aid that the Bankruptcy was just a Balance Sheet Exercise was not really thinking. Teams were given a target to begin to reduce headcount. And the implementation of those RIFS... —  read more 

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Post ID: @ZnmGCSj

Severance

Just check the human resources website they have to update the policy if it's changed when they changed it from two weeks to one week they updated the policy on the HR website so if they've reduced it to no severance they should have changed it or... —  read more 

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| 905 views | |
Post ID: @ZjlIS2S

A little perspective

So here we are a few weeks from our emergence and gauntlet has been thrown down. I am excited for the changes we are about to embrace. My thoughts: Sales: The continued focus of optimizing our account management will drive a more effective and... —  read more 

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| 1077 views | |
Post ID: @ZhHPO8m

Expect more departures

Personally I'm interviewing, I think the general populous knows the outcome that is going to occur so that is why the board has slowed. In the next few months you can expect more departures both voluntarily and involuntarily at the LT level and below... —  read more 

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| 1280 views | |
Post ID: @Z5Ropak

Talk about a U-turn

How did we go from having one of the most secure and laid back jobs (not in a sense of not having to work, but in a sense of not having to worry about too many things if we did our job well) to this hotbed of frustration, uncertainty and stress so... —  read more 

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Post ID: @Z5kt8Gq

Where is OPG?

Was he Rif’ed..... This site isn’t that interesting without him.

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Post ID: @Z5eCZvL

FIght the fight where it matters!!!

This board is about employees finding a common place where they can vent together. I guess sort of like therapy. You cannot complain or vent your fears at the work place so this would be the next best place. This isn't a team building site or a place... —  read more 

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Post ID: @Z2YGJM1

CSP are in a precarious position

I will say - if you are a CSP, you're in a precarious position. When I started at SG, management was dedicated to retention. I worked with CSPs and I worked directly with customers. At that time, I managed every concern the customer had and I was... —  read more 

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| 556 views | |
Post ID: @YYMU3Mn

Who is OPG?

You want to know who I am? I think you no the answer. I am the employee that has put in the time over many years that wants the payoff. I am the employee that joined the team last Q and is now invested in driving results. I am the executive that... —  read more 

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| 1353 views | |
Post ID: @YY6A3P6

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