Was lucky to work under McDonnell tenure. the leadership back then 'made it work' with the employees and did so much for downtown and surrounding areas. would have loved to work my whole career within DST but like so many others left for the same... — read more 

Why do you guys put up with this stuff, why don't you just leave DST?

Some are wondering how many will be let go before the merger. One only has to round up the total compensation for the 5 execs in the merger the number is around 70 million. Average pay is around 60,000 after averaging tenured and non tenured staff... — read more 

Layoffs starting today? Saw one of the plethora of HR VPs headed to a meeting with what appeared to be several of her minions....handful of conference rooms off-line today, tomorrow and all of next week M-F. Anybody knows more about this? Have there... — read more 

Anybody else here heard that DST was lowering its severance for future layoffs? There's a good chance I'm looking at a layoff somewhere down the line (most likely sooner rather than later, I check all the boxes) but I don't want to start fretting... — read more 

Hiring a CIO with no experience Moving that CIO over the financial services group after he failed as a CIO Hiring another CIO with no experience in IT Focusing heavily on EPS Paying VP's East Coast salaries that are not sustainable Not hiring a COO... — read more 

Anyone heard this rumor? I heard up to 1500 people could be axed.

Customers mean you need employees to service them. Hooley to prop up EPS and falling revenue has endless layoffs. Problem is Hooley ran out of employees to cut last october. Cornered between his failure and resigning he found his golden ticket to... — read more 

If it can be somewhat organized between KC & Boston it would sent a message. I have no expectations of 100% participation, but a sizable number could paralyze the daily operations significantly.

That's what I hear. 3 very important clients, including the one that for years was the mainstay on the mutual fund side, are pissed that they recently signed long term deals and now find themselves with SS&C whom they don't want. Talk is that one... — read more 

Severance Payment: DST or its successor will pay the executive within sixty days of the qualifying termination, a single lump sum cash payment equal to: (1) two times the executive’s annual base salary as of the date of termination; (2) two times the... — read more 

Too bad for the BFDS leftovers. DST doesn't know them and SS&C aren't going to give a crap about them. Those hanging on until the buyout is complete are fools cause SS&C don't owe them anything. Don't believe what you hear about getting packages... — read more 

Heard the first phase of "reductions" will be next Tues or Wed. 1,200 was the number thrown out. Also as I predicted the severance has been axed to possibly 10 weeks max. Ol' Hatchet Hooley is practicing his swing now. Anyway they can f--- over those... — read more 

The Pitch is working on a story on DST. It's going to focus on the executive payout as a part of the sale of DST to SS&C (Steve Hooley will be paid $28 million in the 'golden parachute' portion of the contract, and many millions more in other... — read more 

Oh please God, let me be on the list to be laid off soon! I can’t take it anymore. DST is a joke of a company. Can anyone name the last product that was actually built by DST and taken to market? How many millions of dollars have been wasted on... — read more 

Now now let's not count are chickens before they hatch, after all we are your problem until your golden parachute lands. As of this moment 1 thousand and 95 people seen your burger flipper comment. Regardless what exec you are I believe you just... — read more 

https://seekingalpha.com/filing/3866425

Golden Parachutes Compensation Officer ​ ​ Cash (1) ($)(b) ​ ​ Equity (2) ($)(c) ​ ​ Perquisites/​ Benefits (3) ($)(e) ​ ​ Tax Reimbursement (4) ($)(f) ​ ​ Total ($)(g) ​ Stephen C. Hooley ​ ​ ​ $ 7,045,685 ​ ​ ​ ​ $ 20,973,303 ​ ​ ​ ​ $ 148,687 ​ ​... — read more 

There's a reason the execs get these packages. The amount of work put into reducing the debt to make the company buyable is nothing less then amazing. If burger flippers could do it all of you would be getting golden parachutes. Soon you will be... — read more 

It's a long read, and I will be the first to admit that I don't understand all the details in the 'Interests of the Directors and Executive Officers of DST in the Merger' section starting at page 54, but if you're interested, here's the official SEC... — read more 

Layoff's sceduled for the end of Feb.

The list is approved and coming soon, if you survive this cut you're going to wish you didn't.

Hooley made this company into the top performing company it is today. Instead of whining like little brats you should be thanking him that you still have a job. The outdated employees with no idea what there doing is harder on a ceo to handle then... — read more 

News is out. DST is being bought. Gonna layoff the remains at Kansas City. Execs will make out like bandits. The recent restructuring and retitling was icing on the cake. If you're considering a job st DST - don't.

Upper management bonuses are tied to increase in profits. Since the profits could go up 14% DUE TO THE TAX CHANGE, then huge bonuses never imagined could be paid out to management. The bonus plans never envisioned a huge 14% corporate tax cut - but... — read more 

DST hard working current employees you should be safe from future layoffs for many years with the new TRUMP CORPORATE TAX CUT THAT WENT FROM 35% TAX RATE TO 21% TAX RATE. The question is how will DST handle and spend its new wealth because of the new... — read more 

Word around DST is top Executives will be receiving a raise some as much as 18% once the new tax bill goes into effect. Layoffs still looming mid first quarter 2018 for the useless employees.

I think in light of the layoffs, its time to write to DST's board of directors. Its clear that DST is in business to benefit stockholders, but maybe more, to benefit top executives. The average worker at DST is not aware that top execs have made... — read more 

The best feel good story, company receives millions in taxpayer dollars. Taxes paid in part by the employees the company laid off because the company has no money. https://www.cheatsheet.com/culture/states-companies-more-money-poor.html/?a=viewall

Here's an idea, let's take salaried employees, downgrade their job titles to the lowest rung, make them hourly and rob them of what they have rightfully earned all these years. Where is the loyalty? If the plan is to make employees WANT to leave... — read more 

https://www.google.com/amp/www.4-traders.com/amp/DST-SYSTEMS-INC-12363/news/DST-SYSTEMS-INC-NYSE-DST-Files-An-8-K-Entry-into-a-Material-Definitive-Agreement-25509306/

More layoffs coming in November 17th. 5% gone Albany on the hit list. I've been browsing other threads, and ran into this. Haven't seen this specific date mentioned anywhere else, so I was wondering if anybody knew if this is just a rumor, or if it... — read more 

Oh, layoffs, layoffs… Every year I hear the same story but layoffs never happen here in Kansas City.

See this fore all the details: https://www.bizjournals.com/kansascity/news/2017/10/04/dst-systems-initiates-across-the-board-layoffs.html

Quincy office is having layoffs. At least 5 gone as of right now. BFDS is in the same building and is also having layoffs today. No idea of numbers there.

Huge police presence at DST this morning. Layoffs are imminent.

Possible layoffs tomorrow. 100417.

Policy is you cant travel for work during work hours. Travel on your personal time. Dst doesnt pay for you to travel to client locations. Yet the paid some former hr leader 54 million in stock options. Layiffs are a blessing

Several associates were let go yesterday with a bunch more coming this week. Layoffs always seem to happen when the summer interns have arrived. It sends a poor message to the interns.

Before my last day, I did the bear minimum work, since nobody asked the critical things in the hopper I didn't tell them, nor gave any advice so I am sure it promptly blew up the day after I left. All the critical things I had in my head about the... — read more