Topics regarding layoffs at DST Systems

Topics regarding layoffs at DST Systems

DST H.R. policy on layoffs of spouses of Management>

What is DST's policy on a layoff when the prospective person to be cut is married to upper management (or living with them). I am curious. I know alot of top management at DST married or dated women they work/worked with. How are the layoff rules... — read more 

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| 2200 views | | 7 replies (last December 5, 2022)
Post ID: @OP+1fnFmfxz

Imagine that the SS&C takeover never happened

I used to love working here. And then the SS&C takeover happened. Now that I’m leaving in a few days I wonder if everything would be equally as bad in this company even if that acquisition never happened? Some say that it wouldn't make much... — read more 

DST is heading towards the rock bottom

DST mostly cuts the best people. The others are leaving here on their own or are seriously looking for a way out. Everyone would like to be in some other better company. Leadership has no serious long-term plan. There is no trust. In general, the... — read more 

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| 2230 views | | 2 replies (last February 3, 2022)
Post ID: @OP+1f5lqAAr

Exit interview

I am much happier now that I heard that DST does not have an exit interview. Could someone please confirm if that's really true? I wouldn't be surprised if it was because DST doesn't care about the opinion of any of us. As strange as it may sound... — read more 

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| 2220 views | | 8 replies (last February 21, 2022)
Post ID: @OP+1f4n93G5

I feel like I wasted the last four years of my life

I've made no progress since I joined DST. I've been working under not one, not two, but three useless managers in that time (you'd think I'd get lucky at least once), I had to deal with unrealistic goals and timelines, and I had to navigate probably... — read more 

Layoffs in future-serious as a serious heart attack!

I don't work at DST anymore but keep in touch. Layoffs will continue until its all gone. Business will move out of town. No more DST. All the code designed and written will be replaced. What I did for year will not have any trace. Some people working... — read more 

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| 1930 views | | 2 replies (last February 16, 2022)
Post ID: @OP+1f02HI7o

The hardest period of adaptation ever

Perhaps some like it that way, but I expected to get better training. When I first came here, I was totally lost and had to beg my colleagues to help me so I could do my job. I didn’t immediately give notice just because I needed a job, but I... — read more 

Data Breach and SSC response

how many got the letter that ssc's 401K vendor was breached and that your name and social security number was likely compromised? Unlike other companies who usually pay for credit monitoring for a year in the ssc world they send you a letter telling... — read more 

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| 1743 views | | 2 replies (last January 26, 2022)
Post ID: @OP+1eZGQUzg

Golden years

I’ve been working here for a few years now and I don’t think it’s ever been worse than it is now. In fact, this company has been getting worse and worse for the past few years. Has it ever been pleasant to work here? Is there anyone who's been here... — read more 

Only bare minimum

I have given up investing any effort here. I see that it just isn't worth it. Moreover, I feel stupid next to those who do almost nothing and still are much more appreciated. Even the greatest workaholics give up working hard here. My question... — read more 

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| 1980 views | | 3 replies (last January 23, 2022)
Post ID: @OP+1eU8o0lz

Stop waiting for things to happen to you

I'm so tired of people constantly complaining but doing nothing to change their situation. Why are you waiting for something to happen to you? You are perfectly capable of making something happen on your own. There are jobs available all over the... — read more 

Almost everything here is causing low employee morale

I notice that most of my colleagues are not performing at a level equal to their potential and skills anymore. I am one foot out the door as well. Morale has never been worse, people are leaving, and given the overall situation in this company... — read more 

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| 1810 views | | 4 replies (last January 19, 2022)
Post ID: @OP+1eQ0lvzO

DST's dating policy and layoffs

Read the news today : University of Michigan just fired their PRESIDENT for dating an employee for only 2 years. Does DST have a policy like that? Does DST fire the guilty parties for se-ual misconduct or lay them off? Seems like a layoff might be a... — read more 

Miserable place to work

This was a miserable place. It was made clear that they were not interested in you as an employee, they wanted you to complete your project and move on so they could hire your replacement at a lower cost. It is about the numbers only, and you are in... — read more 

The perniciousness of the ‘sink or swim’ philosophy

My opinion is that every employee should try to learn as much as possible on their own. However, I have worked in several companies before I came here and none of these companies were leaving it to employees who still do not have enough experience... — read more 

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| 1960 views | | 3 replies (last February 21, 2022)
Post ID: @OP+1evQ6142

Clients are increasingly dissatisfied

DST will have to finally do something because customers are increasingly dissatisfied, they have more and more complains. And they complain for a reason. However, I fear that once lost trust is hard to regain, and worst of all, it seems to me... — read more 

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| 1720 views | | 2 replies (last January 3, 2022)
Post ID: @OP+1evDtXKi

Price's ;aw is why DST failed! Layoffs make it MUCH worse!

Price’s Law says that 50% of work at a company is done by a small number of people. Specifically, it says that 50% of work is done by the square root of the number of employees. There’s no need to break out the middle school math book to understand... — read more 

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| 2140 views | | 4 replies (last December 26, 2021)
Post ID: @OP+1etxbWiT

Managing the decline

I really like someone’s post that says the management here is actually managing the decline. Exactly! They are trying to get as much out of it as possible now, not caring too much about what will happen in the future. My guess is that it's because... — read more 

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| 1740 views | | 2 replies (last December 28, 2021)
Post ID: @OP+1epdmUYF

I didn't write the code knucklehead! Layoffs are good!

I am a non-technical person supporting an application at DST. The program's code was written at a time when I was in Middle School. Yes I was about 15 years old. But when it doesn't work my manager blames me? And puts the preassure on me - the... — read more 

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| 2010 views | | 7 replies (last December 25, 2021)
Post ID: @OP+1eiHi417

DST Systems Layoffs 2022

This thread is for info about potential DST Systems layoffs? Any chatter, news or rumors?

How has your team changed since COVID?

Working across teams I know change happened but it’s hard to understand due to not physically seeing personnel changes.

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| 1540 views | | no replies yet
Post ID: @OP+1dJGtnpT

Work/life balance

It's funny how easily we went from being able to do our jobs during our regular working hours to losing any semblance of work/life balance. This is what happens when they allow the attrition to go unchecked and they refuse to replace the people who... — read more 

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| 1824 views | | 2 replies (last November 24, 2021)
Post ID: @OP+1dIGmCAU

Phone team getting raises to 18$ an hour across KC?

Anyone heard anything about this? Heard it was to align the existing reps to the new hiring rates for off street talent. Can we talk about other areas of the company that are getting paid less than this? Huge mistake.

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| 2050 views | | 6 replies (last November 16, 2021)
Post ID: @OP+1dFlnD12

Has DST ever rewarded it staff like this?

10/10/2021 - It was a scene full of ecstatic smiles, dropped jaws and delirious hugs last week when Spanx founder and CEO Sara Blakely surprised ALL her thousands of employees with first-class plane tickets to anywhere in the world and $10,000 in... — read more 

It's not worth the health risk

Every job is stressful, however, here every day is more stressful than the previous one. Deadlines are getting shorter, work is increasing, the pressure is unbearable, micromanagement is their favorite style, the atmosphere is generally very tense... — read more 

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| 1780 views | | 4 replies (last December 11, 2021)
Post ID: @OP+1dvUGk58

New VPN = Complete Garbage

Clients paying for our services need to run. This new system we are forced to use is going to make all of our systems crumble. Testing and submitting ticket after ticket after ticket to our teck team is a joke. Their responses are “no updates, no... — read more 

Only if you have no other option

I am finally leaving this company, counting down the last days here and thinking a bit what from my experience would be good advice for someone considering applying here or for new hires?!?!? *DST has become a company only for those who have no... — read more 

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| 2370 views | | 6 replies (last December 16, 2021)
Post ID: @OP+1dqmcrjl

You are not that important

If you think you're safe, think again. DST leadership believes everybody is replaceable. If there is somebody willing to do your job for less money, they'll find them. And there's always somebody cheaper. Maybe not better, but they don't care about... — read more 

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| 1680 views | | 4 replies (last October 22, 2021)
Post ID: @OP+1dpi2pHu

Quitting without giving notice

Have you also noticed that more and more people quit without giving notice? I know two people who recently left and didn’t give notice. To me, it’s completely unprofessional. I understand that people are outraged at this company, but that’s not... — read more 

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| 2050 views | | 7 replies (last February 21, 2022)
Post ID: @OP+1dk96waK

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