Thread regarding Sungard Availability Services layoffs

And the layoffs continue...

There were more layoffs yesterday and I'm assuming this week is not done (although I might be wrong.) This round wasn't in the U.S. but that doesn't mean anything these days - I wouldn't be surprised if it spilled over here once again.

I'm starting to believe this will never end...

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| 1811 views | | 14 replies (last )
Post ID: @OP+13nsXq2h

14 replies (most recent on top)

Cortez .... diverse workforce is one thing .... offshoring and outsourcing to India/costa rica and now (insert country with cheap labor) to save money and screw our customers with terrible support is another

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Post ID: @qzpc+13nsXq2h

Diversity and inclusive are no one's strength. Absolutely no one's. Google (and other companies) just use those terms for pandering.

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Post ID: @qzij+13nsXq2h

Cortez is the genius that was posting last year how awesome it was that SGAS was establishing safe zones.... agree that OPG has left the building....

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Post ID: @qale+13nsXq2h

OPG has likely been canned. OPG would have posted some awesomeness by now.

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Post ID: @qldd+13nsXq2h

“This place is obviously in the dreaded death spiral—cuts lead to declining revenues, which lead to more cuts, and so on, until everything is virtually wiped out. It’s over.”

That is too negative outlook my friend. Company now is moving in forward path. We are in style of modern companies, we have diverse workforce we have inclusivity. Make it this way, I have heard leadership study google culture and investors will value us for new Sungard. Sometimes correction for companies take time so we have to give leadership a chance.

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Post ID: @qmab+13nsXq2h

In the past, I had some colleagues get the RIF in the first week in April. But it could be moved up sooner. Just my feeling. This place is obviously in the dreaded death spiral—cuts lead to declining revenues, which lead to more cuts, and so on, until everything is virtually wiped out. It’s over. I have my exit strategy, I’ll be joining a different company soon. I’m confident my coworkers will do well too. Lots of highly skilled people here. Good luck.

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Post ID: @ppfb+13nsXq2h

INCOMING...RIF IMMINENT.
Good luck to you if you want to go for another roll of the dice.
Be aware that this will pretty much be a quarterly occurrence.
If your a long time employee and hanging around for the exit package, be desperately aware that your offer will revolve around an equivalent of 1 weeks salary for every completed year you have served.
So, if this is a better financial option rather than jumping ship nice and early to secure a stable position elsewhere, then I wish you the best of luck.
Smart money is on taking the exit of choice rather than being shown the door!

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Post ID: @opmb+13nsXq2h

Sounds like a company run by a bunch
Of dumb fuks

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Post ID: @mwlm+13nsXq2h

Network 2.0 is outsourcing, which is what happens when offshoring doesn't work.

  • hire a bunch of Indians in Pune
  • fire US engineers
  • savings fail to materialize because the cost savings by replacing senior US people with junior Indians gets lost to unhappy customers defecting.
  • next, hire a bunch of South Americans in Costa Rica and fire the rest of the US engineers because offshoring to Pune was such a smashing success
  • woops, wait, Costa Rica didn't work just like Pune didn't work... these junior people just can't get it done... again.
  • finally, network 2.0...

step 1: start laying off Indians and South Americans
step 2: hire outsourcers staffed by Phillipinos and Chinese
step 3: turn over management of all network assets to outsourcers
step 4: lay off remaining Indians, South Americans, and US/UK staff
step 5: start demanding 10% cost reductions from outsourcers ever year to finally meet cost savings objectives in network space.
step 6: turn out the lights, the party is over.

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Post ID: @kkiz+13nsXq2h

Network 2.0 has been mentioned a few times now. Can anyone expand on what this is?

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Post ID: @3drp+13nsXq2h

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