Thread regarding DST Systems layoffs

Another Town Hall WebEx - July 20th

Received an email late today, what is that about?

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| 3091 views | | 20 replies (last August 5, 2018) | Reply
Post ID: @OP+Uc6dRd6

20 replies (most recent on top)

This town hall was a watershed moment in my opinion. Holy sh-t this guy's a douche. Mr St-ne, do yourself a favor, don't ever do this again. Your words reveal you for them slimey money grubbing worm you are. Disgusting.

Totally derogatory toward previous leadership, belittles and condescends everthing. This guy is trash.

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Post ID: @jffp+Uc6dRd6

I can't even articulate how disrespectful it was for him to waste our time by his droning on forever about people wasting time.

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Post ID: @3gqz+Uc6dRd6

From what I heard the streaming didn’t work in some rooms.

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Post ID: @3iev+Uc6dRd6

Wondering how it was since I’m remote and had no option.

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Post ID: @3wxh+Uc6dRd6

"Jihad"... yes he said that. Really? Unbelievable... classy guy... not.

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Post ID: @3qkp+Uc6dRd6

Holy sh-t this guy's a douche. Mr St-ne, do yourself a favor, don't ever do this again. Your words reveal you for them slimey money grubbing worm you are. Disgusting.

Totally derogatory toward previous leadership, belittles and condescends everthing. This guy is trash.

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Post ID: @3ynn+Uc6dRd6

Is it just me or does bill stone look and act "stoned"

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Post ID: @3ziz+Uc6dRd6

“If they sue you, they sue you. Don’t worry about it. We got lawyers.”

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Post ID: @3cxy+Uc6dRd6

I’m remote today and apparently there’s no streaming option besides being in the rooms. Can somebody give a play-by-play? Sounds like I’m missing some comedy gold.

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Post ID: @3qsy+Uc6dRd6

“Horns and machetes”

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Post ID: @3fry+Uc6dRd6

This is a clown show. Painfully obvious SS&C doesn’t want to be anywhere near the people that do the actual work.

This whole thing is like a bad version of Wall Street. Only with less hair, worse ethics and cheaper suits.

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Post ID: @2olz+Uc6dRd6

It's probably to redo the initial town hall that was kind of a disaster. You can ask questions but they must be submitted a day before so they can script the town hall meeting. Other thread is right, in a few years, DST will be in one building maybe with client services and the datacenter (moved to CT).

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Post ID: @2lfo+Uc6dRd6

rumor is that last one was for all ssnc & this one is for ex dst? we'll see...

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Post ID: @2bmn+Uc6dRd6

They will lock the doors all here get to stay or all here will get a severance package

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Post ID: @yap+Uc6dRd6

Also have them explain how they are reducing costs

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Post ID: @nfg+Uc6dRd6

At the the meeting ask how long reorganizing will be? Management will say 1 year because that’s when they collect their severance packages. Then they are gone and on to the next gig. The ones that stay will see everything downsized: benefits, teams , facilities IT, etc. ssnc will make sure they layoff people before bonus payments. Sounds awful now wait till next year when the gloves come off. DST debt is a huge issue so the squeeze for cash will tight. After another year they will acquire another company and dst will be wiped off the face in kc.

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Post ID: @emw+Uc6dRd6

More lies from upper mgmt. Don't attend - it won't make a diff. Take a long break, get coffee, take a walk, get a beer.

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Post ID: @zit+Uc6dRd6

Yes, its to rally the troops. It will re assure that DST stays in KC. But only a shell will be left, It will be SSnc from now on.

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Post ID: @rbu+Uc6dRd6

Yes hopefully Bill Stone is doing it from his yacht.

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Post ID: @bpy+Uc6dRd6

Probably some sad attempt at a pep rally to stem the tide of talent leaving the company.

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Post ID: @udz+Uc6dRd6

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