SunGard Data Systems Layoffs

Topics regarding layoffs at SunGard Data Systems

Margin improbement grumblings

heard whispers in the exec suite that there might be staff reductions in a drive to improve margins. as you all know they have been taking a beating due to competition and price cuttings. The only way to improve margins is to reduce personnel costs... —  read more 

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Post ID: @OP+NreueWu

Sungard Availability Services

Down to a skeletal crew in this former division, now stand alone company - Sungard AS. Hundreds of jobs sent to India, now Costa Rica, for cost savings. Some people still awaiting their "packages" but moving to a "global" model. Heard about 138 laid... —  read more 

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Post ID: @OP+JXF3n9F

massive layoffs every year

The company is known for massive layoffs every year, typically in the fall and early winter. The financial services business just started laying off a slew of its employees globally. The company is not doing well--do not invest or apply for a job... —  read more 

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Post ID: @OP+xQXk0kS

Execs are clueless - execs promote people into positions that do not have the expertise which causes serious lack of quality

Execs are clueless - execs promote people into positions that do not have the expertise which causes serious lack of quality. Decisions are based on very limited knowledge. Also, many execs are disrespectful to the employees and treat their teams as... —  read more 

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Post ID: @OP+n8ChfjQ

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