The company is known for massive layoffs every year, typically in the fall and early winter. The financial services business just started laying off a slew of its employees globally. The company is not doing well--do not invest or apply for a job there.
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I have been with Sungard for 27 years and yes they do have layoffs every year around Thanksgiving.This year they laid off about 20 people in the NJ office.Not sure what to expect with the IPO. I hope I am ok but you never know
Did things change since you split - I left a long time ago
They just had a big round of layoffs last month.