Thread regarding DST Systems layoffs

Whats the most ridiculous thing you have ever seen at DST/SS&C?

I was told to keep the levelor blinds at a 45 degree angle - no more as associates would then want to look out the windows and not be productive.

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Post ID: @OP+1qBdA15b

61 replies (most recent on top)

I recognized a new hire as a dancer from bachelor's III. Nobody but me ever knew that. We had an agreement to keep it quiet

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Post ID: @39lmu+1qBdA15b

People from the exec suite who would never speak to us mere mortals, even though we had higher levels of education. I guess they were better compensated, so they thought they were better, we were lesser.

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Post ID: @32qvx+1qBdA15b

My manager used QuickSilver taxi service to ferry his personal friends and girlfriend all over town. Billed it as client related expenses. He was history after I reported that to accounting

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Post ID: @31yan+1qBdA15b

I was amazed that H.R. hiring associates painted a completely different picture of dst than reality. They lied like conmen. They could have just told people that it was a disrespectful sweatshop. But they lied.

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Post ID: @2Reyn+1qBdA15b

Di-k Stuckey who owned COMET industries bilked DST out of alot of money for tax forms he never delivered. When he left for vacation the bilking was found. He was arrested and sentenced and DST confiscated his mutual fund account on the system which he had loaded with stolen dollars

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Post ID: @2Pdrg+1qBdA15b

My leader used to put his phone on "do not disturb", go shopping or golf during the morning. Return the calls later when he got back. Even clients were not able to reach him until afternoon

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Post ID: @2Csws+1qBdA15b

The guy I worked for came to work wearing a watch that cost more than my annual salary.

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Post ID: @2spie+1qBdA15b

My Boss spoke to the live plants in his office as if they could hear him. He also would never let the cleaning crews touch then. He treated those plants as if they were beings that could hear him and understand the English language. He was suddenly fired. I treated the plants very badly after that...

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Post ID: @2mnms+1qBdA15b

There was a guy at Dst making 100k giving tours of the Winchester data center. 95% of the time the only people touring it was employees. He was sure proud of the dinky place. Google has data centers 1,000 times the size with 1,000,000,000x the cpu power. Dst was a tiny little data center. And 100k to give tours? Is that a wise use of stockholders funds?

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Post ID: @2knti+1qBdA15b

For a conference my supervisor had a hypnotist come in. He put people under I guess what you would call spells. Then had the hypnotist tell staff to work harder while hypnotized

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Post ID: @2golh+1qBdA15b

The most ridiculous instance I observed at Dst was H.R. telling a new hire that hard and smart work will get you advanced at Dst. Getting ahead was really about favoritism and attractiveness of staff. Hard work counts for nothing at Dst. It's a given so it never figured into the equation. Childish management promoting their friends was how it worked.

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Post ID: @29vzy+1qBdA15b

The "purple palace" was the executive area in the 1980s and early 1990's. It was the only place in the company with a fax machine. How antiquated and backwards

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Post ID: @21krg+1qBdA15b

In 1983 my "group manager" would work late, go to mcdonells office and sit in his chair, pretending to be the president. He had aspirations of being the presudent someday

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Post ID: @1Umpc+1qBdA15b

The reviews at DST left out all the good things you accomplished. They only listed your mistakes. And they were subjective and included personal opinions and items not even related to job performance - like keeping a desk too clean, and appearing to not be used at all. Or reading a newspaper at your desk on lunch hour.

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Post ID: @1Ouzs+1qBdA15b

My supervisor's fav song was the one from Don Henley that goes "kick them while they are up, kick them while they are down". That was his management style. Make people feel they are not doing enough so they will work harder to get a satisfactory grade.

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Post ID: @1Mwzv+1qBdA15b

I saw my manager moving a flat screen projector TV out of 301's 6th floor "training room" one evening. Thought it was for official business. But he ripped it off.

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Post ID: @1Jose+1qBdA15b
  1. P. spent his time enrolling in contests and giveaways. At work.
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Post ID: @1Ftjm+1qBdA15b

My manager in mutual funds used to fret and kinda rock back and forth in his chair until the "20s" were finished each afternoon (the 20s calc process set the daily closing prices of mutual funds). He was a wreck each day. If it didn't go right he would cry.

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Post ID: @1Duxn+1qBdA15b

It was insane how Dst would hire people with no financial services or computer backgrounds for unit managers. Then we had to soend our limited time to train them and try to teach them everything we learned over many years. The managers were unable to function as they had no clue. The only thing the managers could do is watch us and pick apart our non technical aspects of our job. Cause they could not understand the technical. They were a waste of time and money, just in our way. We were babysitting them so to speak.

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Post ID: @1Bfok+1qBdA15b

One gal in client services never wore underwear. She told all the guys that and lifted her dress to prove it. Even clients knew that! Disgusting.

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Post ID: @1yakm+1qBdA15b

Investing 50% of employees funds in valiant stock was insane. As dst is in the diversification (mutual fund) business. Outright silly. Shows no respect for anyone

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Post ID: @1ymrg+1qBdA15b

Ability and integrity not required to be in management. Just be able to brown nose

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Post ID: @1wdqk+1qBdA15b

I remember a Dst interviewer who told me Dst was just as good a company as Marion Labs. Well most Marion labs employees of 10 years or more retired with over 5 million in their retirement plans. Many have 20 mil. So there is no similarities

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Post ID: @1vfmf+1qBdA15b

Dst was filled with a bunch of unhappily married desperate men, who could not wait to leave their house in the morning, get to work and see all the young single girls in the office. Pitiful! That's your motivation in life? They were jokes and I wrapped them around my little finger@

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Post ID: @1quri+1qBdA15b

816 535 4495 was the outside number to reach anyone's voicemail. All the users passwords was set to Dst. Wide open for hacking

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Post ID: @1qrai+1qBdA15b

I saw a V.P. taking a local MBA course. He had his secretary do all the papers, she was the one who should have been awarded the MBA. Not him.

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Post ID: @1owmd+1qBdA15b

I saw a gal who was an assistant in my area. she always had white stuff on her shoulder. turns out she had a parrot that sat on her shoulder at breakfast and it was leaving bits of the previous day's feedings on her shoulder. She didnt seem to care!

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Post ID: @1nkya+1qBdA15b

Dst is filled with managers - angry, unstable,unloving, backstabbing, quick to blame others, and not caring about clients - only themselves. They drive decent people out of dst. And thus the number of bad actors goes up, and nice coworkers goes down

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Post ID: @1libf+1qBdA15b

In about 1987 we had a gal transfer from 3rd floor customer service to 6th floor 301 11th st mutual funds group. She wore low cut evening gowns and party style high heels. We could not teach her anything so she transferred to STS group

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Post ID: @1fprz+1qBdA15b

I was hired and attended Reve Butler's training class. It was in the HR dept and it taught us how to look up accounts for people. I looked up my new manager's accounts and saw how many shares of DST and KC Southern stock he had. It even showed his social security number!

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Post ID: @1edpf+1qBdA15b

My manager had real plants. He thought they could hear him talk. He treated them like people. He also smoked pot. He was axed

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Post ID: @1cvid+1qBdA15b

Post below this should read : 6th floor of deramus office building at 301 west 11th. The top brass were on the 6th floor (not 3rd)

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Post ID: @15iig+1qBdA15b

Back in 1982,on the 6th floor of dreams, was a room filled with security trade confirmation statement. Tens of thousands. I learned the top 3 guys in the company who had offices on the 3rd floor were running their own mutual fund. Yes they were calling brokers to buy/sell securities using the companies money. They should have had a money manager handle dst's reserves - instead they were trading instead of devoting their time to growing dst. Plus no online stock quotes back then, so they were calling brokers constantly to check prices. The nasd did an audit in 1984 and they it shut down.

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Post ID: @15lmk+1qBdA15b

Tori Dargati on an evening conference call with no pants.

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Post ID: @14thw+1qBdA15b

Dst held a summer company picnic at Benjamin stables. This had to be in 1985. It was dusty, stinky, flies everywhere and very hot. Few people came. Would have rather had a night out at royals game for employees. Benjamin was a re----k waste of time

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Post ID: @Wbhj+1qBdA15b

Two arrested for alleged dr-g deal outside Quincy financial services company

https://www.patriotledger.com/story/news/2010/11/12/two-arrested-for-alleged-dr-g/40245346007/

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Post ID: @Vpye+1qBdA15b

People smoking pot at lunch and going back to the office high.

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Post ID: @Slyr+1qBdA15b

Guy had shoe polishing supplies in his desk. He polished them twice a day at work.

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Post ID: @Mzbe+1qBdA15b

A co-worker used a Fed-Ex overnight envelope and the company account number to sent stuff to his relative and its was then charged to DST. Thats a no-no

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Post ID: @Efvg+1qBdA15b

The criteria for selecting staff to be cut is crazy: are you a unattractive woman your manager has no romantic interest in? Are you an unattractive man under 6 feet tall. Then you will be first on the chopping block.

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Post ID: @Clqf+1qBdA15b

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