You can’t swing a dead cat without hitting a VP and they add so little value to the bottom line.
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Yes the executives have a severance packages to stay on until it transitions over to becoming ss&c. If they don’t make the numbers, cuts will be faster. Ss&c only allows the executives $5k limits in spending. Anything over $5k goes to ss&c management for approval. They also will instill limits to the spending each month so they will hit their targets.
It's cheaper to keep 'em...(VPs)
Lay off all the worker bees.
No if I were a VP I would have been able to leave with a nice parachute possibly. It's just amazing how many have been hired in the last 2 years and how many were not let go.
2 Executives at Health Solutions were cut.
Several Directors and above were cut yesterday and other execs have been cut since the announcement of the merger.
Many were let go, 3 executives just on my floor.
DST has always been Top heavy. They all stick together which keeps them safe. Never did like the management. All they care about is the profits.
Yes one in ES was.
You must be a VP
U sound bitter.