I joined Sungard AS on Dec 2017 & left in Dec 2018, 1 year short journey. First few weeks were quite normal but when I got a project in hand my team lead started showing his real color. He did not provided me any SOW or SOP regarding the process... read more
Topics regarding layoffs at Sungard Availability Services
Published on yesterday on Feb 26th Rating Action: Moody's downgrades Sungard Availability Services' CFR to Caa1; outlook negative 26 Feb 2019 New York, February 26, 2019 -- Moody's Investors Service ("Moody's") downgraded Sungard Availability... read more
Sungard India is on a hiring spree - no qualifications necessary! Unfortunately in order to make room for 300 new employees in India long term employees in the US will need to be let go. Customer feedback is no longer a concern as long as they hit... read more
New board member with a history of bankruptcy in his background does not look good for the useless management team at SGAS. It won't be long now, no one put a meaningful bid in since the place has been on the market, only a few low ball offers to... read more
April you will see, what has Sungardas done that has made any sense. They need the revenue. They are all for sale!! Again this may be the best that could happen to out uk friends. April is just a matter of legs paperwork.
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
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
Forward thinking talent has fled Sungard, now it has become a button-pushing, outsourced, irrelevant, diverse failure. No innovative talent will go near the place. Senior management enjoyed the expensive 'free drinks' party while the ship sank. The... read more
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.'
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
Ops teams and others. Remote and in office personnel. Confirmed
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
What sort of a company lays people off on Xmas Eve, and yet continues to hire? There are 166 jobs being advertised on Glassdoor. Sungard is an absolute shi****e.
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.
5 years at that h-e-double-toothpick place, I know that sinking feeling. I am so very glad I am outa' that lame-a-rama joint. Layoff was a blessing, trust me life is much better now. When 2019 is dawning make a resolution you will truly enjoy, find... read more
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
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
Who and which departments I do not know. At least they are waiting til after the Holidays.
Wonder what other data centers will be on the slab?
While I'm sure there won't be a tear shed over Stern leaving, there is no such thing as a CEO layoff. I wouldn't be surprised if the board has finally had it's fill of Stern and asked him to leave. However, he will most likely be able to take his... read more
Stern out Binford in at end of year.
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
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.
Overheard something at the office, I was hoping people here might know more about it. Any info is appreciated.
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.
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
So SGAS Sweden is gone... who is next? UK? IRE? asset stripping at it's best, state by state asset stripping?
A group of investors that lent to a data-backup company scored an unusual coup just before Christmas: a seat on its board. That stands out in a roaring credit market where lenders have resigned themselves to low returns and vanishing protections... read more
Opening a thread for October layoffs. Everyone knows it's coming. Will it be this week?
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
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
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
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
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
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
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
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
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!?
I'm watching managers leave in droves. Sales continues to head to the exits. Seems like the layoffs aren't happening anymore its all self attrition. I'm so disheartened and in final rounds of interviews at competitors. The culture here was so great... read more