Sungard continues to cut American based jobs. Moving more and more IT support to overseas support in India and Costa Rica. Customers continue to complain about a lack of good support and rapid response to critical issues. Solution? 3rd party and... — read more
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
Any truth in this?
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
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
The story of SunGuard
Do not post here any more - the company does not exist any more - post at https://www.thelayoff.com/sungard-as
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
Keeps going downhill, greed, greed, executive greed...
I heard that there are reorg plans which include massive cuts to internal resources