Dst was blind to subaccounting. A vp put together contracts that ignored subaccounting and cost dst a bundle. My manager was blind as a bat and refused to acknowledge i knew more than him. He was a tantrum throwing immature guy
AMAZED DST FAILED, Bezos had 300k loan and suceeded
Jeff bezos had 300k loan and just himself, a computer and stack of old books, yet grew it into Amazon. DST had hundreds of millions of dollars, thousands of technical staff and huge data centers yet it missed the ball and failed. Dst couldn't assign... — read more
Amazed former workers talk of the good old days
Dst overhired to meet inefficient peak business loads, they carelessly layed off employees who spent the best years of their lives there. I would add that spending years in the service of godless management is not a feather in my cap, but rather... — read more
Dst loves Valeant Pharma
I knew layoffs would occur when Dst's top brass decided to stick the retirement plan in crummy Valeant Pharma. What a silly and immature group. Problem is the top brass were all missouri boys who had no knowledge of investing and diversifying. The... — read more
Dst layoffs
When DST stock paid a 1% dividend, I knew layoffs were coming
Dst will be forgotten due to layoffs
In 20 years from now, Dst name won't be recognized in kansas city. The management that was always in the kansas city business journal will have passed away, the buildings sold or torn down, the computer systems thrown away, the clients merged with... — read more
What severance package exists at this point?
what did it look like and how recent?
I didn't go to Rockhurst College
If you went to Rock hurst and had a degree from it. You were given better treatment than others.
Layed off, but don't miss backstabbers
I was cut. New place of employment does not allow people to blame others and backstabbing. At Dst everyone passed the buck and blamed others for problems. Blame always went downhill, never up. Actually the programs and processes at dst were in place... — read more
Dst has layoffs to save cost, but spent millions
Dst spent millions of dollars defending their Cundiff retirement fund mistake. Then still had to pay 125 million in damages. Not an employee friendly company
Glad I was cut. My boss hit on me
Glad I was laid off and got severance. Boss acted like he owned my body. He hit on me often. Young single woman are not respected here.
My recruiter said "avoid appying to DST"
When I was job seeking out of college my recruiter said "apply to DST last". Its the last place you want to go. Well I ignored the recruiter and went to DST. He was right. It was a poor option. Then ti have DST flub up the Cundiff/pension plan and... — read more
I exhausted myself to get...
I exhausted myself at Dst just to get the same level of respect an employee at another company would recieve if they were in the bottom 5% of employees as ranked in performance. Even thought I was the top performer in my area. After I left, I did... — read more
Only a foolish person would like DST
You would have to be very limited in job experience to think Dst was a good employer. I hear people reminisce about the good old days. They are wrong. Security guards walked hundreds of staff out the door and fired them as staff showed up for work in... — read more
I had a Vice President...
He wanted to layoff local staff and use offshore. You could hear him regularly screaming at staff in his office or throwing temper tantrums that would put a 3 year old to shame. His bosses knew of his behavior but kept him at dst for 50+ years. A... — read more
Assertiveness without empathy is leadership .hip skill at Dst.
Emotional detachment is seen as strength. Ruthlessness and lying is seen as career vambition. All approval is based on performance not integrity. The toxic atmosphere is set and allowed by upper management. Been this way since 1980.
How is anyone still working here?
2 years in, transfer agency. Mass exodus last year, still not recovered. Division feels held together with tape. No raises year one across the board. Carried the team year two, trained every new hire, de facto team lead. Review came back as a 2/5, no... — read more
Anybody have more info on this?
Yep. RIF today. Not sure how many, but it affected the Health/Pharm area. Anything more?
Dst is unknown
I was giving a lecture to UMKC students. I brought up DST as a locally grown company. Not a single student in the BUSINESS class knew of DST. They had no idea. Even after I explained it. Dst is just past history
DST Systems Layoffs 2026
Will there be any DST Systems layoffs? Any chatter, news or rumors?
Always wondered: was i cut due to affair i found out about?
Found a management person was having an affair. I never said a word till now. But did my accidental discovery cause my layoff?
So thankful DST is "closed"
DST was a sweatshop that stole the lives of many hoping to build a nice career there. Few employees were rewarded for their hard work. Most were ignored and strung along with a carrot dangling well in front of them. Although a public traded company... — read more
H1B visa application fee is $100,000
Trump has raised the h1b fee to 100k each. Used to be $781.00. Guess Dst and SSNC will not longer get cheap labor They will have to hire Americans again
DST had bad overall system security, were they ever hacked?
Was DST ever hacked? I am sure they would try to keep it quiet. And layoff those responsible for any breaches.
DST Systems Layoffs 2025
What's your prediction as it relates to the possiblity of DST Systems layoffs? Any chatter, news or rumors?
Anybody else's Manager a bully?
My Manager was a critical bully. Anyone else at DST have a hostile bullying Manager? Anyone go to H.R. about it?
July layoffs
What's happening with rumored July layoffs? Has there been any news on that?
Smoking
I breathed plenty of secondhand smoke at Dst
Circus - Job Postings for Laid Off Positions
Who the he-l is in charge?! All these positions that were not so long ago laid off are now being posted to fill. What’s the point in laying off knowledge and talent just to backfill the positions 9 to 12 months later with people off the streets that... — read more
Whats the most ridiculous thing you have ever seen at DST/SS&C?
I was told to keep the levelor blinds at a 45 degree angle - no more as associates would then want to look out the windows and not be productive.
DST Systems Layoffs 2024
What are your thoughts about potential DST Systems layoffs? Any chatter, news or rumors?
Dst in one word...
Dst described in one word : silly. Silly executives, silly programmers, silly downtown location, silly treatment of problems. Serious clients, serious sc--w upside. Outta business
Do we know anything about the next round of cuts?
There are a lot of rumors, but little concrete info.
I leave Dst off my resume
I leave it off. I don't want to be associated with such a backwards place. I am afraid it would hurt my chances of getting a job as it's known for employing the bottom of the barrel. I have great job references from other jobs anyways. Every comment... — read more
I urge quiet quitting at DST! Layoffs? No, just quiet quit
I urge staff to quiet quit. Do as little work as possible. take all your vacation each year. take all your sick days. The more people that do less work, the more they will have to get new hires and the layoffs will stop! We don't owe this company our... — read more
Dst vs. Ups truck driver wages, layoffs
UPS will be paying its local delivery drivers with 5 years work experience 170k per year. That way more than dst pays its average staff. Plus dst staff is always at threat of layoffs. Its actually better off financially to be a ups local delivery... — read more
Industry changes
In one of the earlier posts someone's brought attention to the importance of keeping up with the industry changes and expressed belief that this company is failing miserably at it… I absolutely agree with that... You? What I don't have an answer to... — read more
Lawsuit settled for $125 million.....
After spending millions to shut down the former associates who had files suit, DST/Stone have agreed to settle for $125 million......even lower raises will be in the future to make up for this.
layoffs
thread for groups impacted