Topics regarding layoffs at DST Systems

Topics regarding layoffs at DST Systems

???

have anyone been let go from the Birmingham office ? Do anyone know ?

Is it going to be 1,200?

From what we are seeing so far this looks to be a huge wave. I thought whoever mentioned 1,200 as the number a few days (or weeks) ago was trolling because I couldn't envision the company dumping nearly ten percent of its workforce, but now I am no... — read more 

It definitely started

I can confirm it started. My husband is among those who were already notified. We were hoping this would not happen, but we were also prepared, so it's not as bad as it could be. They started really early, I'm only guessing that's because they have a... — read more 

June 2018 Mega Thread

Let's use this thread to track layoffs today, only post if you see people walked, or are walked yourself. Post counts, and dept if your comfortable with that. Lets track what the executive a-holes are doing!

Hiring

Got an email a month ago for a position I interviewed for in KC. I had already found work elsewhere but the email thanked me for interviewing but they had decided not to fill the position after all. Now I see layoffs. Looks like I dodged a bullet.

Employment - Legal Approach

You can refuse to sign your severance paperwork and instead hire a lawyer. Many, many people are probably too dependent on severance to really do this. I am not the breadwinner in the family, and this puts me in a position to calculate a bit more -... — read more 

Tomorrow's layoffs at DST

It sounds like the former Enterprise Services group and the Financial Services group will take a lot of that reduction. That means KC and Boston area, but it’s hard to tell from rumors whether the offshore teams are impacted. Where did you hear that... — read more 

How's it done?

I was already laid off once in my previous company. We were invited into the conference room one by one and then escorted out, I wasn't even able to pick up my stuff afterwards (they shipped it to me.) Are layoffs done the same way at DST? Are people... — read more 

Question?

Do anyone know if the claims department is safe? Supervisors doesn’t seem to know anything they just keep saying “they think we’re okay”

Today's Mail

Looks like I'm getting a letter in the mail today from DST Legal Department... Hopefully they won't even make us come in on Monday!

Unemployment

Is it true that you have to use your severance before you can apply for unemployment?

401K Contribution and Severance Pay

Took this 401k post from a different thread may be useful if you have funds/money: Just FYI to previous post, 401(k) contribution will not be deducted from severance pay. It’s considered supplemental pay/bonus, and retirement account contributions... — read more 

I'm beginning to think...

This whole site is one person feeding anonymous comments to the site over and over. He takes turns deciding whether today's comment is going to be "pro-layoff" or "anti-layoff".

Has there been any talk on severance changes?

Been hearing that severances could be slashed, but I have hard time believing that. Layoffs that are no longer secret are bringing enough bad publicity and employee dissatisfaction as it is, why would they add reduced severance to the mix? Anybody... — read more 

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| 2482 views | | 1 reply (June 21, 2018)
Post ID: @OP+TM3ftmj

Tone/Behavior on this Childish site.

So of course some people on here are making me have to write this since some do not have any common sense as to how to talk to people without insulting them in different ways. With some not realizing they are, "stirring the pot". Basically I have... — read more 

June 26th & 27th big days

Ladies and gents - next week June 26th and the 27th, 900-1200 people will be let go. 200 will be BFDS and the rest are DST people. I just didn't want to share this info before, so make sure you clean your desks if you have a feeling you are on the... — read more 

Manager Layoffs

Manager here, confirmed that it is the 26th. Levels below manager will not be given notice to prevent coasting.

Enterprise Systems and FSG

It might not apply to all groups people. More than likely just enterprise systems and fsg this round. There are several managers impacted that I know of and have clearly said the 26th would be their mast day.

Another week of anticipation

Anybody else wishing that today's date turned out to be true layoffs date after all? I'm not wishing to be laid off, but I am so tired of being stressed out all the time over the same issue. Let us know what's going on so we can move on from there... — read more 

It's Official

Meeting rooms are now being booked for all day on the 26th...

Who will hire us?

Any idea where to turn for a job that would be similar in pay for those of us who are over fifty and most likely on the next list for layoffs? Who out there hires older workers and pays them according to their experience and knowledge? From what I... — read more 

SS&C in town

They will be in town today in Rockland, ME checking the building. Don't have any other info.

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