Any insight into whether SS&C will invest in retirement or sell it to another recordkeeper?? Any insight into whether they will move SS&C people from Boston office to Quincy / close Quincy office and move into Boston or somewhere else?

And you can continue to worry.

Don't repeat my mistake and approach HR with an issue. Their only purpose is to serve the corporation, you are the last thing on their mind when dealing with an issue, even if you are the one who presented it. I can't believe how stupid I've been to... — read more 

The Worker Adjustment and Retraining Notification Act (WARN Act) is administered by the U.S. Department of Labor Employment and Training Administration (DOLETA). It requires most employers with 100 or more employees to provide employees, bargaining... — read more 

There are no layoffs until at least 2 years into deal. then, all bets are off. the deal won't even be sealed yet at least until may 2018. then i'd watch for 2 years as they slowly get rid of the smaller redundant/duplicate roles, you won't even hear... — read more 

They need to take the top 300 oldest tenure employees, give them 70 weeks severance as a buyout. No unemployment to pay and they weed out the tired and feed up oldies making the big bucks. Some will bite, some won’t. That’s the way to handle it. I... — read more 

I heard it from my uncle, who works at DST.

Heard it from executive source last week - layoffs ARE going to happen. It is not known yet who will be affected or when, but we should all be prepared for a layoff as part of this merger.

Yep, that’s right didn’t happen again!

It was a general severance policy email. Was it just DST Pharmacy Solutions or all of DST? Some people in the finance area of DST did not get any email.

When is layoff supposevto start? No nasty responses needed here, just info that you know please.

Does anyone have any info on what's going to happen to the folks based out of Birmingham office (health solutions group)?

If you've been at DST for 5 years or longer, you're more likely to get canned as you are more expensive to retain. Severance packages are not the cost cutting tool they use, its how much you are vested with vacation time and employee... — read more 

All DST wants is for you to look at the mirror and ignore all of their disgusting, b---s--- practices because "at least you have a job". I was there for more than a decade. I got out, and now I have the best job I've ever had in my life. There's... — read more 

Then another dozen threads predicting layoffs. Rinse. Repeat.

Phase one of 2018 lay offs will commence on Thursday. First quarter is over, new hires have been trained and integrated. Enjoy the ride.

For those of you that served for many years; those who worked late/weekends, those who developed solutions that MADE this company; hats off to you. No amount of severance seems fair. Just know that your loyalty will probably not be reciprocated. It... — read more 

What a year of mind f#ck3ry. They have completely messed with each and every one of you. Some of you will get laid off. Some will stay, for now, only to be worn down again with 2019's layoff psyop. I've been around a long time, seen many a layoffs... — read more 

If you've been at dst a long time, you're probably out a job. My sources really have no reason to lie.

Today's email from corp informs us of increases in severance amounts for vp's and people with less than one year of service. Vp and new people should be concerned.

You keep saying DST does not care about their employees, well no sh-- Sherlock, no company truly cares about their employees as much as they do profit. That being said, all of you only care about money as well. Not one of you would show up and work... — read more 

July seems to have become the month mentioned in most rumors regarding DST layoffs. I'm just wondering if that means that we can relax at least for a few months? I've been stressing constantly lately, and while July is not that far away, it gives me... — read more 

Here's some facts to mull over. The ceo promised $150M in cost cutting last year as part of IT transformation. That's not server hardware or licenses, that's salaries. That's ~1500 FTEs. Then ssnc agreed to buy the company. The cost cutting (layoffs)... — read more 

Have fun at work this week, it’s gonna be fabulous!!!

and Hooley has thrown in the towel. Kind of like selling a car you haven't maintained, thinking that as long as it has oil and the tires are up it will last forever!, and now those years of neglect, have resulted in a complete overhaul, do you... — read more 

No layoffs. You must be feeling pretty stupid.

So what’s the good word or not so good word? Layoffs or not? If so, what timeframe has everyone heard?

http://www.kansascity.com/news/business/workplace/article203528314.html

Because there are no layoffs. Cheaper to scare you into leaving on your own. This didn't occur to me before, but now it seems so obvious that I can't believe I didn't notice it sooner. I know of two people who left the company in the last two weeks... — read more 

Wonder if anyone ever wonders why this new "exec" is loosing all his leaders? He doesn't care - that's why. He is single handedly bringing down an org. Bet the new buyers don't know that.

Did y'all get laid off?

Has anyone heard anything about COBRA letters being sent?

I absolutely hate how DST made sure we all know layoffs are coming but gave us absolutely no details. Now we are left to stress as we guess who, how many and when. Frankly, I'd rather they just do it. I can deal with being laid off. It's this... — read more 

I love my job! DST has been great , I well,we have been milking the proverbial teet for years. My department “works” about two hours a day. We spend most of the day in meetings discussing how we should or could work. We come in late, take extended... — read more 

Actually the salesman is right. I left a huge company once, but left my 401k with them for a year. During that time the employer switched 401k custodians, and the default investment option was a target date fund. Fund collapsed (it was 2008) and I... — read more 

As a training manager in Quincy, I can tell there is no truth to the fact that there will be... Wait, what? You're taking my broom? How am I going to find another job? I don't have buddies at other companies. Wanna see my grades from college? It... — read more 

Another fun, informative video, from one of our highly regarded genius execs. Can't wait!!

What’s the latest update on layoffs? Any real facts? How many , timeframes affected departments etc. Thanks

What has everyone heard on the number of people let go this week? I've heard 1200, also heard 50. If it's going to happen to me, I'd like it to happen sooner rather than later. The 50 number greatly reduces my chances.

Any stories of people NOT worried about layoffs?