Thread regarding Sungard Availability Services layoffs

Rumored layoffs

There were some rumors about possible layoffs this week, has there been any more info on that?

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Post ID: @OP+1he8SKXY

19 replies (most recent on top)

RedCentric PLC executive jailed for fraud

https://insurance-edge.net/2022/03/03/redcentric-cfo-is-sentenced-to-five-years-jail/

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Post ID: @8nhb+1he8SKXY

Select few? Nearly 100 UK employees are in scope for TUPE to Redcentric.

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Post ID: @8pwh+1he8SKXY

Employees all being let go on June 30 except for a select few moving to the new owner.

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Post ID: @7rko+1he8SKXY

Just to say that the Sungard AS UK no longer exists... R.I.P.

US part next month. At least 50% reduction in workforce.

Good bye and far well.

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Post ID: @7vlz+1he8SKXY

Andy giggles?? You been in a coma the past few years?

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Post ID: @3kut+1he8SKXY

Andy Giggles is smart - there is no future for this company, there is no path forward out of all the debt.

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Post ID: @3ptc+1he8SKXY

I’ve started working for another cloud provider a few months ago. My manager doesn’t care as he is in his way out. Double dipping salaries is fun

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Post ID: @3kke+1he8SKXY

That auction sale takes place at Akin Gump Strauss Hauer & Feld overlooking Bryant Park on July 11th at 10:00 AM. It's a lovely place. I'll be eating my usual croissant in the park by the fountain just prior.

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Post ID: @3lkn+1he8SKXY

Resignations are coming in at least one per day. They don't need to lay off anyone

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Post ID: @2pfz+1he8SKXY

Haven't heard anything about the auction beyond the Dgtl Infra article back in April.

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Post ID: @2uxe+1he8SKXY

The US arm of the business goes up for auction in July (no joke) and you're not just potentially dealing with what SG might do in terms of layoffs, but also what buyer(s) might do with the assets and employees. If you're still there, your chances of being told adios may virtually doubled in days. Tip: Be proactive.

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Post ID: @1vqx+1he8SKXY

Are you new there? Every day is a possible layoff day

Do yourself a favor … leave that POS company and get a job elsewhere

Youll be much happier

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Post ID: @1mhv+1he8SKXY

Yes, there will be as they need to cut numbers due to Chapter 11 and LT want it sorted before 1st July.

UK being told this week who will be moving over to the new company and then the rest are at RISK of redundancy.

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Post ID: @pmh+1he8SKXY

Somebody must know if it's true or not.

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Post ID: @wsr+1he8SKXY

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