Thread regarding Sungard Availability Services layoffs

Fake news. the last poster has no life. Posting the same fake news under multiple threads. Get a life.

You must be one of the many VPs that were recently fired and now hope we fail.

can you provide a link so we're all on the same page with what you are suggesting we read

Sungard AS is a dead goldfish, circling the drain, and has been for years. You need to polish up y our resumes and get out while you can. Severances will be gone, people will be let go, and whatever assets are left are going to be sold at a fire sale. The writing has been on the wall almost since Stern was hired, all you had to do was read his employment contract, which was publicly available. Read the new CEOs contract if you want to see what’s in store for the future...

Hey, 1qha.... agree with your assessment... what’s interesting is AB was brought in after former owners decided to sell sgas, they just couldn’t find any buyers...

AB is the invisible man around here, for 2 years he's done nothing of substance, he let go of the entire previous sales leadership team and cost us big $$$ in severance, the replacements are much like AB, know little about the business. The products are a mess, nothing to sell is the situation, but be serious, has AB done anything since he's been here besides escalate the decline in the business.

I would agree that JC must go. He is the reason SGAS is in the situation. Products!!!!!

The rest of the LT should go as well, and I am sure Mike R has his own people. But here are reasons I think AD and AB might be safe:

1. AD - Comes from a Telecom background with AT&T. Since the products would not sell, Andy Stern's request was to cut, cut, cut, cut. Hence jobs went to India, Costa Rica and then eliminated in ops. If the products get improved, does he keep AD.

2. AB - Sales couldn't sell because the products are so horrible and expensive. Does he give AB another chance to prove he can sell something? Or does he bring in his own people immediately?

Whatever he does he has to do something quickly.

Let's give Mike a chance but JC and AD need to go now

Wow you are deluded, SGAS is gone, dead wood.

UNLESS the whole LT goes then your gone, the new CEO.... did they get him out of retirement?

I do not disagree that there should be hope that things get turned around. But if the new owners and CEO do not make major changes, its just adding more debt to the "fixed" balance sheet.

1. Sungard AS Hosted Private Cloud needs to be terminated immediately (and the team responsible for thinking it was a good idea gone). AWS has public, Virtual private cloud and a On-Prem Private Cloud (HPC on Steroids). Leverage what Amazon has already developed, tested and put into real world environments.

2. Get rid of all products that do not sell. Does SGAS even know how much each product costs to run? If not, figure it out and get rid of some of the product lines.

3. Consolidate data centers.

4. Speak to the customers as the authority and don't just take orders from them. Why would we ever allow a customer to pick where their recovery gets done? Isn't SGAS the experts?

5. Dump the product team. Did i say that already?

6. Make a decision on sales leadership. Either get rid of them or re-do the products and give them a short leash. Sell or get out.

7. The india issue is a problem for Service Management. Customers do not like it. Helpdesk is one thing, but your main contact for expensive services shouldn't be someone who cannot visit you regularly.

I am sure there are plenty more, but something drastic has to be done. Cannot keep on the same course.

1xxn - do you and OPG have offices right next to each other?

I am with OPG!! One question for the last poster. If you are that miserable and feel we are doomed, why are you still here?

Your comments are so self-serving and ridiculous. Globalization is the standard in our business. Just research IBM, they have more employees offshore than onshore. Also if you listen to the last employee call the bulk of our new sales is from our new services and large new logos.

Also - as long as the LT continues to believe all the lies and BS from KR we have no chance

Unfortunately people are afraid of him because if you disagree you are let go

If SunGard didn’t offshore all the sme’s and operations I would say we had a chance - unfortunately customers hate a rotating cast of characters who are unable to perform their job duties

No spinning that OPG

The negativity was created by SunGardas not us I have seen nothing but layoffs and all of our jobs going overseas or to South America what is positive about any of that tell the people that got laid off that and then their jobs went to somebody else for less money. the economy has been booming for 2 years yes 2 years so where has SunGard been know where nothing's going to change no new product your positivity is ridiculous. give me something to be positive about we're still in debt almost a half a million dollars we have no new sales people are leaving in droves you my friend are a madman I think you're out there just to aggravate people and you're doing a good job.

Once again, winning is your word not mine. make no mistake we haven’t Won anything yet.

I am positive about one thing. As we remove the negativity from people like you and focus on delivering results and positive outcomes. We will win!!

Thanks,

One Positive Guy

Winning...!! That worked out great for Charlie Sheen.... winning..!!! Do you really think sgas LT is going to say your job is going away...? Sgas has gone from being worth ~$11 billion to ~ $340m... btw, you never answered my question in a previous post..... what is the current sgas value proposition...???

Hope is your word. Not mine.

We will win.

One Positive Guy

I’m a realist.... I want the best for all sgas employees, but leadership (former...) has already admitted they began the process of putting sgas up for sale 2 years ago....they signed non-disclosures with ~100 companies to submit bids and only a couple of companies submitted bids neither of which even covered debt owed.... these new owners lost ~$900m on defaulted loans.... do you really think they are going to be patient....??? Hope is not a strategy....

-1yej

I sense your sarcasm, however there is merit to the reality that we must act with urgency. We will succeed. I am positive. The question I have is will you contribute or be a detractor?

Thanks,

One Positive Guy

Um, do a little research on what new owners of sgas have done with the other companies they have taken over in similar credit default/ equity swap.... they gave up $900m in defaulted loans and ended up with a company with a market valuation of~$340m..... not likely new owners are going to be patient.... but, OPG - you go get’em....

There is one thing i’m positive about.... you are stupid.

Yes. About time we silence the negativity