Thread regarding Sungard Availability Services layoffs

Why are managers leaving?

I know of two managers who walked away in the past few weeks. These guys had it made so I doubt they found better positions than they had here. Which is why I'm now worried. Do they know something? Is something major coming that we should all be aware of?

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Post ID: @OP+1bO5Cikf

19 replies (most recent on top)

I was recruiting 2 years ago and there were 2 pages of openings, now there are 40 positions globally and those were caused by RIFs and leavers.
There is no growth where there no viable products to sell!

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Post ID: @Ffax+1bO5Cikf

The upside is, if managers leave, it gives us a chance to hire new ones. Looks like some hiring in general has started again. I saw job postings on LinkedIn. This could lead to good news overall.

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Post ID: @Fgba+1bO5Cikf

AS was the most depressing place I've ever worked. 401 - full of broken office chairs and couldn't even find a pen or pencil back in 2013. Then the moved me from Philly to Scottsdale and reneged on paying for it. Cost me $12k out of my own pocket. 9 months later they laid me off. That worked out OK, though, I got another job so fast I actually was working again before the measly severence check showed up. If you are still at AS your turn is coming, the company's dead but hasn't fallen down yet. Such a sad ending for a once great company. I used to be a SG fan when I was a customer. Working there cured me of that.

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Post ID: @9uhp+1bO5Cikf

@8tsq

That must have been nice for your team, at least. My seagull manager couldn't be bothered with ridiculous things like that.

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Post ID: @9naa+1bO5Cikf

@8tsq+1bO5Cikf valid point. Its been mentally challenging to wake up every morning thinking β€œis this the day?”. Use to be a fun place to work. I left and the culture at my new company is happier and they’re caring enough to allow you to take an actual vacation.

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Post ID: @8gew+1bO5Cikf

I was a Senior Manager who left in 2019 after being worn down by the constant threat of RIF’s hanging over me and my team over a long period. As someone who genuinely cared for each and every one of my team it was awful. I had to get out for the good of my own health and advised others to take steps to prepare themselves for life after AS. Many have now done that, thankfully.

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Post ID: @8tsq+1bO5Cikf

Not sure how anyone could possibly be just "now" worried. If you've been paying any attention at all you should have been worried for at least a few years now. Nobody is going to send you an engraved invitation to leave. You have to take the initiative, on that, once you come to realize what's really going on here. Or you can continue to live in interesting times and wait to see how it all unfolds.

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Post ID: @4nxd+1bO5Cikf

I'm thinking anyone with any other option is leaving, or trying to leave. I guess some may be independently wealthy and are just sticking around for the amusement value as the train wreck continues to happen around them.

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Post ID: @4yjl+1bO5Cikf

SunGard (recovery services) started going down back in 07-08. The fact that there is still an RS division is amazing as I saw first hand the dysfunction in SG 15 years ago

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Post ID: @2pmz+1bO5Cikf

The writing has been on the wall for years. Only a matter on time, I reckon 12-18 months at most.
Ruined by globalization, poor product decisions and appalling upper management.
Such a shame, as it was one a great company to work for. :-(

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Post ID: @2akk+1bO5Cikf

I have a great idea let's cater a lunch for the recovery guys for coming back to work at 401 ( big sh-t) and not invite DCO..Not even one lunch on SunGard during the entire pandemic not even a cookie tray around Christmas, DCO works though the covid pandemic and nothing for us! Do I sound angry! Yes I am! That's ok I will be walking soon with many others, maybe mgnt and RS can do the setups! πŸ˜ƒπŸ• TP did you forget you were a DCO guy? Guess so.

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Post ID: @2jpn+1bO5Cikf

There is a much better life after Sungard.

Trust me, I know first hand.

Don't wait for Sungard to make the move (and be the victim), do it yourself, and for yourself.

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Post ID: @1mli+1bO5Cikf

KR is last on the list. He will turn the lights off at 401

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Post ID: @1bdu+1bO5Cikf

They are leaving because they are on the layoff list as well. My number came up in late May and I was a manager. Its just a matter of time. VPs to interns are all on the list. If you are at SG and don't believe your name has come up in the conversations about being laid off, you aren't living in reality. The only reason you are still there is because you name is below the cut-off line.

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Post ID: @1pef+1bO5Cikf

Maybe they're coming to realize SG isn't solvent and their future is limited. Or maybe they just found something better. Or maybe a bit of both. I wouldn't overthink it. I'm holding out for SG to get thru the year - that's about it.

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Post ID: @1ufs+1bO5Cikf

I get your surprise. Manager turnover if very low, unless they oust you first. Usually the underlings are the ones being let go. Seldom do I see Managers taking leave voluntarily.

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Post ID: @1ruy+1bO5Cikf

I left and life outside Sungard is great.

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Post ID: @yyg+1bO5Cikf

Managers are the ones being asked every other month what roles they can shift around. That gets old and wears on you - of course they are leaving.

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Post ID: @cfz+1bO5Cikf

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