Thread regarding Sungard Availability Services layoffs

DeadPool watch: Can Sungard make it to 2021?

The company who invented Disaster Recovery may have new executive leadership and investors, but it's long-term prospects for keeping the lights on are grim. Everyone is being sold on a "Cloud Connected Highly Available Infrastructure" pitch. But being able to drive new logo sales and sell more services to existing clients is a stretch. Solution organization being lead by a micro-managing brow-beater, sales organization not knowing when new services will be available, and overall clue-less marketing organization is not a sustainable model. Recent layoffs (post- New Year) whacked more operations and project specialists leaving big holes in support. Mediocre sales pipeline is not going to sustain the company who invented DRaaS.

by
| 1908 views | | 14 replies (last )
Post ID: @OP+13llMonr

14 replies (most recent on top)

Try outsourcing your own job and collect that cheque while working at a different company.

by
|
Post ID: @6gbl+13llMonr

@1zaj+13llMonr .If you’re in sales and don’t know what 2.0 is, you may want to find a different job since it was plastered all over the sales kickoff presentations and only talked about it for a half hr on the all hands call.

by
|
Post ID: @5nxj+13llMonr

Hey "Anon", (commenting from original post, 2/4/20): keep drinking that Jonestown kool-aid, you'll feel better in the morning! Unicorns and rainbows in the land of Oz dude!

by
|
Post ID: @2oxq+13llMonr

Does upper management not realize that our customers realize how pathetically barebones we are!? Kinda pathetically Humerous in a way

by
|
Post ID: @2mep+13llMonr

Sungard AS continues to layoff engineering and operations folks en masse.

There is no chance they can turn the ship around.

There is hardly anyone left to maintain a company of this size from a day-to-day perspective... let alone from a product development perspective!

In fact, the new products being discussed are outsourced to 3rd parties ... call it re-badging ... ... it's probably the strategy that should have been taken 10 years ago to complement their once viable DR solutions.

But with so few hands left on deck, the ship will most definitely be adrift, so come aboard at your own risk.

by
|
Post ID: @2lkg+13llMonr

Looks like about 20 more people RIF'd in the last few days. Most in India but all areas impacted.

by
|
Post ID: @1lgg+13llMonr

The new owners are not going to just close the doors.... they are going to sell off assets to recoup their $900m.... look at their track record... they have never built anything...

by
|
Post ID: @1rty+13llMonr

I’m in sales ... what is network 2.0

by
|
Post ID: @1zaj+13llMonr

It's just silly to think new ownership will simply just "close the doors" after dropping $900M of debt for SG. There are still contracts to be honored after all and they're in a potentially very profitable business arena (Cloud/Hosting/Etc). We just need to find the right angle and execute quickly. Hope the new product line gets launched fast and sells like hot cakes and we eventually get bought out by one of the big boys.

The New OPG ;)

by
|
Post ID: @1dgd+13llMonr

It'll be interesting to see - if SG is acquired, or if the doors are just closed one day. Hopefully we find out sooner than later.

by
|
Post ID: @1kas+13llMonr

Good information... in posts from last year the limited retention bonuses that were given out expire in august of 2020.... in putting SGAS as gone by September...

by
|
Post ID: @jvd+13llMonr

Post a reply

: