Thread regarding DST Systems layoffs

Management changes...

Seems like trouble in paradise...

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Post ID: @OP+1bbS2lZe

7 replies (most recent on top)

He got fired. What else do you need to know? Nothing else has been sold so look for another merger or partnership to hide the failure.

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Post ID: @16bhg+1bbS2lZe

That's an interesting perspective. Quota when you don't run sales is interesting. Mike S was sort of out of his element (remember this was his 2nd job). He did run health too for a while, pulled that away.

The interesting thing is that SS&C wants growth sales revenues, but if you look into the marketing spend, investment into building a real sales funnel, etc. It doesn't exist - hard to hit any form of number when you aren't doing the other required things to bring deals to the sales team - and you're basically trying to sell 1980's vintage technology.

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Post ID: @xeby+1bbS2lZe

Heard from the executive grapevine they were canned for not meeting quota

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Post ID: @vjzq+1bbS2lZe

Now that is an interesting development, can anyone confirm? I haven't seen any email announcements myself.

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Post ID: @orqa+1bbS2lZe

As part of these changes, Michael Sleightholme, general manager of DST's financial services businesses, will be leaving SS&C to pursue other opportunities

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Post ID: @oqfk+1bbS2lZe

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