Thread regarding DST Systems layoffs

Layoffs in April 2019

There’s a rumor.

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| 2481 views | | 6 replies (last June 27, 2019) | Reply
Post ID: @OP+XBbjlHk

6 replies (most recent on top)

Not looking good at ss&c health. Embracing a unique strategy of running off talent, customers and running the company into the ground.

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Post ID: @2aoge+XBbjlHk

It’s not looking good at DSTPS

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Post ID: @29jxl+XBbjlHk

Everyone’s had a year to find a new job. If you’ve been in your role a very long time, like over 5+ years, never grown or had a promotion, you’re a gone. My group is slow as molasses. We all know it’s just a matter of time, and that time is most likely April.

They gave you a year of having an easy job, slow pace, plenty of time to find another job, so don’t be surprised when you get two weeks total severance and kicked to the curb.

The only ones they may keep for a while are newer employees who are not as jaded. If you’ve been there less than 2 years, you’re probably safe for animal couple of years....they can’t layoff everyone....yet....just the lifers and people with 5+ years there.

Plan accordingly.

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Post ID: @1lbd+XBbjlHk

Two weeks total.

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Post ID: @1xvt+XBbjlHk

Two weeks total or two per year worked?

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Post ID: @lys+XBbjlHk

Yup. You only get 2 weeks severance no matter how long you worked there or your title.

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Post ID: @twk+XBbjlHk

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