He wanted to layoff local staff and use offshore. You could hear him regularly screaming at staff in his office or throwing temper tantrums that would put a 3 year old to shame. His bosses knew of his behavior but kept him at dst for 50+ years. A... — read more 

Emotional detachment is seen as strength. Ruthlessness and lying is seen as career vambition. All approval is based on performance not integrity. The toxic atmosphere is set and allowed by upper management. Been this way since 1980.

2 years in, transfer agency. Mass exodus last year, still not recovered. Division feels held together with tape. No raises year one across the board. Carried the team year two, trained every new hire, de facto team lead. Review came back as a 2/5, no... — read more 

Yep. RIF today. Not sure how many, but it affected the Health/Pharm area. Anything more?

I was giving a lecture to UMKC students. I brought up DST as a locally grown company. Not a single student in the BUSINESS class knew of DST. They had no idea. Even after I explained it. Dst is just past history

Will there be any DST Systems layoffs? Any chatter, news or rumors?

Found a management person was having an affair. I never said a word till now. But did my accidental discovery cause my layoff?

DST was a sweatshop that stole the lives of many hoping to build a nice career there. Few employees were rewarded for their hard work. Most were ignored and strung along with a carrot dangling well in front of them. Although a public traded company... — read more 

Trump has raised the h1b fee to 100k each. Used to be $781.00. Guess Dst and SSNC will not longer get cheap labor They will have to hire Americans again

Was DST ever hacked? I am sure they would try to keep it quiet. And layoff those responsible for any breaches.

What's your prediction as it relates to the possiblity of DST Systems layoffs? Any chatter, news or rumors?

My Manager was a critical bully. Anyone else at DST have a hostile bullying Manager? Anyone go to H.R. about it?

What's happening with rumored July layoffs? Has there been any news on that?

I breathed plenty of secondhand smoke at Dst

Who the he-l is in charge?! All these positions that were not so long ago laid off are now being posted to fill. What’s the point in laying off knowledge and talent just to backfill the positions 9 to 12 months later with people off the streets that... — read more 

I was told to keep the levelor blinds at a 45 degree angle - no more as associates would then want to look out the windows and not be productive.

What are your thoughts about potential DST Systems layoffs? Any chatter, news or rumors?

Dst described in one word : silly. Silly executives, silly programmers, silly downtown location, silly treatment of problems. Serious clients, serious sc--w upside. Outta business

There are a lot of rumors, but little concrete info.

I leave it off. I don't want to be associated with such a backwards place. I am afraid it would hurt my chances of getting a job as it's known for employing the bottom of the barrel. I have great job references from other jobs anyways. Every comment... — read more 

I urge staff to quiet quit. Do as little work as possible. take all your vacation each year. take all your sick days. The more people that do less work, the more they will have to get new hires and the layoffs will stop! We don't owe this company our... — read more 

UPS will be paying its local delivery drivers with 5 years work experience 170k per year. That way more than dst pays its average staff. Plus dst staff is always at threat of layoffs. Its actually better off financially to be a ups local delivery... — read more 

In one of the earlier posts someone's brought attention to the importance of keeping up with the industry changes and expressed belief that this company is failing miserably at it… I absolutely agree with that... You? What I don't have an answer to... — read more 

After spending millions to shut down the former associates who had files suit, DST/Stone have agreed to settle for $125 million......even lower raises will be in the future to make up for this.

thread for groups impacted

What was your %?

It seems to me that our leadership neither want to think much about their bad moves with negative consequences for the company nor want to change things that aren't working out. That's why they go from one mistake to another. Why is it harder for... — read more 

I worked at this company for 2 years. It was the weirdest place ever. Every decision make was the wrong one. Huge nightly processing hickups due to unqualified staff. Worked at Hallmark, H&R, and Sprint. All much better run. Even Sprint was at least... — read more 

Two months since I was laid off I finally managed to land a new job. I started last week and so far I love it. Much better atmosphere and morale than at DST. It's roughly the same pay but with better benefits. Judging by the past week, DST laying me... — read more 

They have completely cut out OT in my department. What a selfish company doing this during this moment in time.

Merits were effective 4/01, no word on annual reviews either. I’m finding it hard to have any motivation to work when I don’t even know my hourly rate.

I got layedoff from Dst. Best thing as it's going downhill. The company with massive blindspots, poor systems, hostile managers and below market pay is almost extinct. Harrassement takes many forms. Sometimes it's just hostility against someone that... — read more 

State Street owns 5% of Silicon Valley Bank stock per Yahoo finance, under the Institutional Holders column. That 326,888,980 shares that just went to zero $ - total loss. Thats going to hurt the bottom line. I know State Street is related to DST and... — read more 

Anyone from the recent layoff want to share severance details? Has it been reduced to a years salary, minus 40% in taxes? It used to be 2 weeks for every year worked.

So there were some major remaining healthcare clients, heard they are leaving - anyone know ballpark when?

Hitting most areas it sounds like.

I'm surprised we haven't heard anything about layoffs so far this year, considering that the entire industry is busy laying off tens of thousands of employees every week. I'm currently in a state of constant anticipation since I'm certain we won't be... — read more 

Just wondering how BP is liking their new home. Let’s integrate with AWD…

After layoffs did any staff file se-ual harrasement lawsuits, seeing there was nothing else to lose at that point?