Thread regarding DST Systems layoffs

2021 RIF Aftermath: Stuff is Getting Real Now

After this last round of layoffs, the situation is becoming dire in a few areas. They fired some really key people, and the ones that are left are holding a bag of "who knows what" because they don't! Senior execs with no clue how the business works. The burn starts now, Customers, you thought it was bad? It's only begun!

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Post ID: @OP+1aQs9al8

7 replies (most recent on top)

The place is a $h i t Ho-e. Then A$$ Ho-e$ Run the place. Escape why you have a little sanity left.

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Post ID: @jkuf+1aQs9al8

Face it Senior Exec's SUCK at DST/SS&C. They know nothing and are mostly id--ts for the most part. They will throw anyone under the bus to save there own A$$. They don't care about any of you at all. Employees should suck all the money out of them that you can and do little as possible. Take a lot of PTO and who cares if you get written up for taking to many days. Before long you will also be gone.
Someday soon they won't even exist in KC.

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Post ID: @dfiw+1aQs9al8

Officials say 40-year-old Tori Dargati of South Windsor on three re-arrest warrants and was charged with three counts of failure to appear. They say she was later released on a $1,500 bond and is scheduled to appear in court on July 26.

Is this the leader of health business?
https://patch.com/connecticut/southwindsor/south-windsor-police-make-arrests-warrant-sweep

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Post ID: @8vcf+1aQs9al8

DST business was dying due to other innovation and their inability to modernize their outdated infrastructure that was ignored while the good ole boys cashed bonus checks. Hooley and Co. sold because they knew they couldnt fix it. SSC thought it was just another integration and knew nothing of healthcare industry. They listened to no one and had no relations and now it is coming out. They are finished in KC. Stop with the "it used to be a good company stuff because anyone who can see what was going on left on their own or took the payout. Stone will pay his loyal followers and the rest will be cut loose.

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Post ID: @8tke+1aQs9al8

The whole situation is just really sad. So much experience is gone, so many people have tasks that are simply impossible to perform, because they don't have the knowledge, and there's no one left to tell them or learn from. For anyone who takes pride in their work, it's an impossible situation. It's like watching a train wreck in slow motion.

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Post ID: @4ooh+1aQs9al8

The remaining mid-level managers are being worked like mules- too much work, too few people. Almost all are at or near the breaking point.

When it gets to the point where just a few get fed up with the abuse and decide to leave, the whole structure could come crashing down. It will snowball as work piles higher and higher on those few who remain until they break too.

Maybe that’s the plan? No need for severance if people quit.

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Post ID: @rep+1aQs9al8

The new owners overpaid for DST. So to make an expected return on investment they must cut costs everywhere. They hope clients will stick around and not convert off their system. The thread below called "your Favorite DST Mismanagement story" was eye opening. I have heard a few of those stories in the past, like the on the job su----e. But the real issue is : DST had horrible management from top to bottom, from the day it started, until now. So this is what we end up with.

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Post ID: @oat+1aQs9al8

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