What's going to happen to departments that have been decimated today? I'm pretty sure some simply can't function with only the people left.
Layoffs to continue until July 3
It will happen until July 3 all week long. I am laid off and reading the severance packet. Don't be fooled. Is this possible? Will this nightmare really continue on all the way to July 3? Today was stressful enough as it is, I'm going to need a box... — read more
Why no media coverage?
There is literally zero media coverage of these layoffs. I remember a few weeks ago when Qualcomm laid off a hundred or so people, it was all over the media. What's going on here? Are we not interesting enough to make the news, even with thousand(s)... — read more
Is it over?
Is it finally over? At least for the East Coast?
Serverance packages
Can someone please post how much serverance they received and how many years you were with the company? No names please
Birmingham
Any more word on the Birmingham office?
DSTHS KCMO
How many were let go from 710 Central? What was tour severance package like? Who told you? I lot people brag about wanting to get laid off, what couldn't those people volunteer to be laid off? Unemployment is capped at $ 320 per week.
SEVERANCE PAY
How much is the severance pay for the employees laid off?
BFDS Impact
Do you know if BFDS is impacted this week? Please share any info you may have.
SS&C needs to maintain a good percentage of the people within the Health Solutions side
So trolls are say the axe (which is body spray and not the tool) and layoffs, but lets look at this from a business point of view. A financial company buys a financial company which also has some healthcare companies under it. The new financial... — read more
Anyone who stays at this company after all this has Stockholm syndrome
Why would any of you stay at such an abusive, horrible company that does not care about any if you? You think if you did not get laid off today, you're safe? Wake up, people!!! Next layoff will have a practically no severance, read the policy they... — read more
How are wages paid, as wages or settlements
Severance pay can be structured as "wages". It can also, by agreement of the parties, be deemed a settlement of non-wage claims (such as any claims you might have for discrimination, retaliation, or harassment. Which does DST do?
I was let go today after just 10 months - relocated across the country for the role.
Was assured that my role/team was safe following the merger. Unreal.
Laid off
After more than two decades with the company, today was my last day. I feel numb. I honestly believed I was safe but I guess I was wrong. Whoever said nobody is safe was right. Loyalty, knowledge, experience...it all means squat in the end. This is... — read more
Who made the decisions???
Seriously, who made the decision on who will be laid off? We are losing some of our best people here!!! This makes no sense whatsoever! It looks more like somebody picked names out of a hat than like somebody set down and looked at everybody's... — read more
layoffs will continue tomorrow
too many people, too little time in one day...
Worried
I’m just wondering if anything is going to happen with the claims dept in Birmingham at health solutions ... ppl have been let go from the Mail room , the QA dept is getting ready to meet . Mangers are gone ..the old VP is gone .. one of the men that... — read more
A quick thank you to those sharing info with us
Today is not an easy day for anybody at DST, but people are still finding time and energy to post info for the rest of us. I just wanted to tell you thank you so much for that. Knowing what's going on is making this at least a little bit more... — read more
When will we know everybody's been notified?
Is this going to drag out throughout the entire day? I'm not sure my nerves can take five more hours of this...
Collateral layoffs or something more?
I understand that every merger and acquisition bring layoffs due to overlap in positions, but this seems like much more than that. People are being laid off from positions that I am pretty certain have no duplicate at SS&C. I think this was in the... — read more
Birmingham and Health Solutions
Anyone heard any names or numbers for Health Solutions?
Pharmacy Solutions
Was laid off today in the Pharmacy solutions department at DST in KC.
Finance
Anyone getting let go in Finance?
dissipating corporate responsibility
Tech has become blue collar. Those who will work longer and for less will get the jobs. That's corporate responsibility in an age where corporations become the new moral compass.
My two cents on how this thing is playing out
Process to determine who to layoff is based on how much money a person is making. The higher your salary, the more at risk you are. So guess who those folks end up being? Your long time employees and older employees. It really ends up as disparate... — read more
How do you deal with stress?
The continuous threat of layoffs hanging over us is stressing me out so much that it is affecting my health. I am having trouble sleeping, my blood pressure is high, and my concentration is shot to hell. Not that DST cares, of course. Anyhow, I was... — read more
Business Leadership and Failure
Why are we failing it is so easy to identify. What are the traits of a great leader? Empathy. One of the most valuable traits a human being can possess is the ability to understand people. ... Awareness. Self-awareness--as well as insight when it... — read more
Please share on social media
the more folks we have reading, the more info we'll collect
Health insurance / layoff
A quick healthcare question. Are we still covered for at least a few months after a layoff or do we automatically lose our health insurance? Frankly, this is my greatest fear when it comes to the possibility of being laid off. Everything else can be... — read more
There is life after DST
Just wanted to let people who are in their fifties know there is life after DST. I was laid off in one of the previous rounds, took me about 12 weeks to find a job. I did maybe five interviews received two job offers, so I even had the luxury of... — read more
Consider asking
What are the severance package details? Can I use personal holidays until I'm gone? What’s the policy about retirement and health plans during the last days at the company? Am I being let go with cause? Can I retire instead of being let go? Can I... — read more
What's going on at DST?
Can somebody here please give me a succinct explanation of what's happening at DST right now? All I know is my mom is completely stressed out all the time, but she keeps claiming nothing is wrong at work. I've been through posts here, but they are... — read more
Average age of those laid off
Can we please post the age of those we know were laid off here? So far the people I've seen walked out have all been over forty, some of them over fifty. It looks like to me that the new owners are taking this as an opportunity to get rid of all the... — read more
Any word on severance?
Are they honoring the DST severance policy or has something changed?
Offshore
Is there any idea on layoffs in Hyderabad location India
out of office until thursday
what happens if I am laid off? will i get email? phone call? if nothing happens, does that mean i'm safe?