Thread regarding DST Systems layoffs

If dst loses clients it will be dsts fault. Ssnc management like to blame the subs management as they aren’t as smart as send management....they will tell it to you. They will say things like “you don’t need that!” “You are dumb” “we’ve done this before so get with the program” “send all your cash and we will take care of it” “stop obstructing” and more comments and harassing phone calls and emails. They run things the the mob except the mob has principles.

Hooley already knew what was going to happen. Its his responsibility to his shareholders not employees. Cuts are inevitable....but the amount of cuts are in questions. Can 14k be reduced to possible half....lets wait and see.

If Stone cared about the customers he would have put more emphasis on ssnc products. Instead, he just buys the competitiors and takes all the customers.

Corp raiders don't really care how you feel. Check your feelings at the door.

I think Hooley did all he could do at DST. In the end, the stock offer was high enough for the board to agree to sell DST. I really doesn't matter what Hooley thinks of Stone as he is due for a HUGE payout.

Get back to work "hangers!"

Completely agree with the previous post, I think back to when Hooley introduced him on stage saying “and just like DST, SS&C doesn’t care about numbers, just the customer experience!”

Obviously Hooley was lying about DST, but I wonder if he knew how bad Stone was.

Stone is all about stealing revenue from companies he buys by cutting jobs and expenses. He uses that money to buy other companies. What happened to CEOs that were about job creation and treating employees right? What happened to CEOs that were good at growing companies for real? Any id--t can cut expenses. He is a bully on a playground and could care less about employees and clients. Terrible culture.

Hi Bill!

I suggest the Product group be included in these cuts. Talk about a bunch of bloat.