Thread regarding SS&C Technologies layoffs

Terrible Pay Rise/Bonus Again...

Another year, another slap in the face.

This year they are citing poor share price, poor USD to GBP exchange rate and increased head count due to acquisitions.

Surely acquiring new companies brings the revenue from those companies... If that revenue is so poor the rest of SS&C has to cannibalise their rewards to properly them up then something is wrong...

Also, every quarter this year we have beat EPS revenue and profit according to the earnings calls and also reduced debt.

I bet Stone and Rahul still got their ever increasing pound of flesh while the rest of us get stuffed!


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| 841 views | | 2 replies (last April 1) | Reply
Post ID: @OP+1kjabdgy6

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The raises are so low that adjusted for inflation my current salary is less than it was when I first started working here

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Post ID: @57x+1kjabdgy6

I worked there for a few years and got told the same s*** about bonuses/pay rises from some magical 'pot' which made absolutely no sense so quit busting my a$$ soon after, the best joke being told not to discuss our bonuses' (yeah right!)

Everyone this is what SS&C have filed under their SEC reporting today :-
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001402436/000119312526076745/ssnc-20251231.htm

"...revenues increased due to acquisitions, which contributed $77.5 million in revenues as well as the favorable impact from foreign currency translation of $31.5 million..." but you all foot soldiers get a slap in the face, shareholders get a chunk of it (if you can call 1.50% yield anything to get excited about).

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Post ID: @gr+1kjabdgy6

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