Thread regarding DST Systems Inc. layoffs

Layoffs on the 15th?

Rumors are flying. Mood s---s. Not like we are not making a profit, 'cause we are. Just not enough for the shareholders I guess. More offshore coming. This time India. Heard they were after those who make the big bucks this time.

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| 2381 views | | 6 replies (last October 21, 2016) | Reply
Post ID: @OP+JkCMYFF

6 replies (most recent on top)

DST is in the process of outsourcing ALL development staff to a firm that specializes in that kind of work (think Wipro). Look for this to happen by Q2 of 2017. If you have ANYTHING to do with development, I would get out on your own terms before you find yourself training your replacement.

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Post ID: @Ezyb+JkCMYFF

Everyone knows DST stands for "don't stay there".

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Post ID: @9xjd+JkCMYFF

This company exists for the shareholders and executives (not employees). it is meant to legally line their pockets, and your all going alone with it.

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Post ID: @5ljf+JkCMYFF

Any news today?

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Post ID: @4wjx+JkCMYFF

Before the first layoff DST ever did they kept saying that they had to do this to remain profitable. One news article later we learned that Tom McDonnell gave himself an eighty two percent pay increase.

That son of a b--ch's name is still on an honorary street sign though.

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Post ID: @2hlw+JkCMYFF

Yes I heard the same thing. Its about increasing the bonuses for those in management. Profits mean bonuses.

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Post ID: @1rir+JkCMYFF

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