Thread regarding SS&C Technologies layoffs

Do they care about anything but the stock price?

This way of managing a company is, in my opinion, very short–sighted. They are literally blinded by worrying about the stock price only and don’t see the bigger picture at all. Just my two cents. I started sending applications to as many open positions as I could. I don't want to be there anymore when karma strikes back, which will happen sooner or later.

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Post ID: @OP+1atgg18a

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All ya gotta du is read the Q1 earnings report. Increase dividends to shareholders, repurchase more shares ($180M worth) – and layoff 500 people (?) Note there's $6B in debt on this company. Dat's why you gotta watch them expenses so closely. Anyone who thinks anything but quarterly numbers are in play here you're a fool.

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Post ID: @5uit+1atgg18a

You’ve just summed up pretty much 90% of public companies, short sighted only caring about the quarter financials. What this company does to extremes though is treat their workers as if they’re robot slaves willing to work 60 hour weeks routinely for no reward (pathetic raises/bonuses)

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Post ID: @3zdq+1atgg18a

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