Thread regarding Sungard Availability Services layoffs

Paid early?

Anyone know why we (at least in the UK) were paid two days early? Usually only happens when the 24th falls on a weekend. Something strange going on....

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Post ID: @OP+1fTnoywV

27 replies (most recent on top)

Who's next on the hit list? India, Europe or the US?

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Post ID: @9pwf+1fTnoywV

@7mjc+1fTnoywV

So apparently the UK customers are currently in limbo.

Oh, and I bet they're just ITCHING to re-up their contracts, just like during the bankruptcy phase. Anybody got a pen?

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Post ID: @8gck+1fTnoywV

So apparently the UK customers are currently in limbo.
They’ve obviously been notified with regards to the actual Administration and told that a buyer for the UK operations is currently being sought by the administrators.
From the customers perspective failure to source a buyer could be catastrophic for their businesses due to their kit either being physically hosted in the Data Centres or virtually hosted in the cloud.

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Post ID: @7mjc+1fTnoywV

@7ivk+1fTnoywV Yeah mate, they’re going they administration

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Post ID: @7ogp+1fTnoywV

Anyone heard anything through the grapevine about what's happening in the UK?

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Post ID: @7ivk+1fTnoywV

@2olw+1fTnoywV Can't raise prices to the customer unless the contract gives you this option, and it sounds like ours don't.

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Post ID: @2hfl+1fTnoywV

People were let go so there's more to it than just rent and power costs.

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Post ID: @2olw+1fTnoywV

Can't see why we wouldn't be charging for the increased energy costs if global energy costs increased.

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Post ID: @2ftc+1fTnoywV

@2pow+1fTnoywV - look at the past figures, UK has been bailing out the US for years.
UK being used to save the rest.

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Post ID: @2rcl+1fTnoywV

https://www.datacenterdynamics.com/en/news/uk-colo-and-hosting-firm-raises-prices-more-116-due-to-soaring-energy-costs/

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Post ID: @2rsj+1fTnoywV

Would the UK be in bankruptcy if they are going so great?

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Post ID: @2pow+1fTnoywV

To the reply about lack of sales/products, metered power, I have my opinions, but take it up with MB or MR, I’m at a point where I’m too exhausted with all of it. I think it’s time for some real honest conversations between the LT and the employees. Hiding behind a conference bridge reading a script is not leadership!

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Post ID: @1erz+1fTnoywV

The uk have kept the company afloat for the last 8 years. So it’s a bit of a kick in the teeth

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Post ID: @1tku+1fTnoywV

The last decent product / service they had was EAS then the numpty CTOs went Clodstack, Openstsck ignored Azure late with AWS etc.

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Post ID: @1vci+1fTnoywV

@1wey+1fTnoywV - They've not had any decent products to sell in years. How many $ have been wasted on the likes on Cisco ACI, OpenStack, VxRail, etc. none of them fit for purpose!

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Post ID: @1dbh+1fTnoywV

Is it? Are all the competitors going bankrupt.? Or is it about the lack of sales and products.? And by the way why don’t they sell power on a metered basis like most competitors?

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Post ID: @1wey+1fTnoywV

UK only, it’s all about power and under utilised data center space. We can’t continue to absorb the associated costs. Can’t reach agreements with landlords. Hopefully employees will not be affected.

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Post ID: @1ytj+1fTnoywV

Feel sorry for those still there :-(

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Post ID: @1zwm+1fTnoywV

Going into administration. Will be announced today.

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Post ID: @1kow+1fTnoywV

Can someone explain in a little more detail?

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Post ID: @1yjo+1fTnoywV

The End. debt collectors in.

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Post ID: @1tzv+1fTnoywV

Beginning of the end????

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Post ID: @1zmd+1fTnoywV

because that is the last pay.

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Post ID: @1yhz+1fTnoywV

Maybe announcing the sell of RS? RS is on the chopping block, get out while you can. The whole purpose of the re-org back in Nov was to isolate RS into it's on BU in preparation to be sold.

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Post ID: @1djs+1fTnoywV

Seems very strange that this meeting is phone only with no Teams. Wonder if there is any significance toh that?

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Post ID: @1vqc+1fTnoywV

True SG story. I was on a call one time. The PM who hosted it said, 'hold on, I'll be right back...' Said PM never came back - they'd received their walking papers during the call they were hosting.

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Post ID: @1kvp+1fTnoywV

Desk of CEO sent email at 7:35p.m. for company update call tomorrow morning. Two times to choose from, 30 minutes, both calls will be the same. No Teams, Zoom, etc., strictly a dial-in # based on your global location.

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Post ID: @1vct+1fTnoywV

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