Had Dst reinvested it's earnings rather than paying it out to executive staff from 80-2017, it would not have been bought out. It would be in great shape. No layoffs. It would have been buying other companies instead. The offshore staff was a... — read more 

WOW

All you have to do is go to SS&C’s SEC filings and read about the planned cuts through the end of 2018. They indicated that approximately 900 would be cut by December 2018. We lost under 500 last week. That means another 400+ yet to go this year... — read more 

Some of the names and positions I saw cut makes me believe they didn't spend much time thinking of who or how many and where they need to run the biz. Many clients are on long term deals. The systems run and the revenue comes in. Stone probably wants... — read more 

Losses have been announced in the London region of the U.K. Mainly corporate services. First wave of many, IT will be hit next. Watch this space.

www.brillient.net/careers

I heard there might be more layoffs at DST sometime next week. Did anybody else hear the same?

Has anyone read an Ignites article with commentary from our new CEO? Sounds like he doesn't think very highly of us from what I've been told.

I had to pay up front today at the doctor's instead of paying a statement in 60 days. Now I have to submit the bill myself and wait reimbursement, which can be done after they get around to sending me Cobra info and I send that back and coverage is... — read more 

After the stock market crashes , wiping out 40% of the market, there will be no jobs anywhere. Enjoy your life while you can. It's going to be worse than any previous market crash.

Sorry to hear that yet another round of layoffs happened last week. For those that are still employed by DST, let me give you a word of advice.... I worked for DST for almost 15 years and was part of the big layoff that happened in the fall of 2014 (... — read more 

What is their next step?

Just because dst's logo is on ripple glass dumpsters and they get your glass free, don't quit using them

I thought once layoffs are done I'll feel better, but somehow things are even worse now. With so many people gone, I suddenly feel like an intruder when I get to work. Now I'm dreading going to the office even more than I did before. I guess I really... — read more 

Did everyone still pay parking, healthcare coverage, optional life insurance, dental and vision coverage in their final pay? Seems like that would be paying for a next months coverage that does not exist.

http://teamkc.thinkkc.com/team-kc-news/blog/teamkc-blog/2018/06/29/attention-job-seekers

Is it true we'll be seeing more layoffs as early as August? I've seen this mentioned in several places, but it's hard to believe they'd push them together so closely. It would make more sense to me to just have one major round of layoffs all at once... — read more 

I agree with all of the sentiments in all the threads. Even before the SS&C merger, DST had drastically changed from the days of the Toms. Of course we all work for a paycheck, but DST used to answer to its shareholders, while still valuing its... — read more 

Don't be a fool, start looking now!

Anything else happening today? Saw a united armed security services van right across the street in the parking lot with cones around it so was curious...

Any layoffs at offshore DST...We are hearing bangkok got impacted

They need to get rid of all the HR reps embedded in the business units. They provide zero value.

So start looking, don't be complacent and then b--ch for the next 6 months until the next rumor of a layoff. Take some accountability for your own peace and contentment in a job. You have choices, stay and worry about the next cut or go get a better... — read more 

Before the end of 3rd or 4th quarter?

You can’t swing a dead cat without hitting a VP and they add so little value to the bottom line.

As somebody said in another thread, SS&C did not buy us for the workforce. They'll barely need any of us once they finish incorporating what they want into their own system. It might take a year or two, but at least 90 percent of DST employees will... — read more 

DST has been on this path since probably 2010, if not earlier. I spent 16 years with the company, all told. I stuck around until the very first layoff in the company's history in 2011. I survived that round, but vowed to never let incompetent morons... — read more 

Has it started yet?

Use logic.

we were told it was done yesterday, where's this talk of more coming from?

Going into work knowing there'll be layoffs is hard enough, going in on barely any sleep is going to make that even worse. I just couldn't get myself to relax and sleep properly after the day we already had and knowing that more's coming today. At... — read more 

The next round will probably hit healthcare operations harder. There are some uncorrected staffing levels in claims and claims customer support that were not addressed in this layoff. I would expect that they will allow attrition to work for 3 to 6... — read more 

So far ...We don't have any layoffs in india

The contact center for AI is going to be obliterated this week. Computer share is acquiring all funds. Haven't you wondered why work levels are low?

"Bill - WTF!? Thank you that is all. "

Was that for today, or is there more coming tomorrow (6/27)?

Go to "Latest Posts" on this site and spend a bit of time scrolling and you will see major layoffs going on at many, many corporations. Daily we are inundated with the media telling us how "Awesome" the economy is and how this is the lowest... — read more 

This was just published by The Kansas City Business Journal - the link is below... DST Systems announces large layoffs By Brian Kaberline – Editor, Kansas City Business Journal -- Jun 26, 2018, 3:24pm CDT DST Systems Inc. announced Tuesday that it... — read more 

Were there any departments that had no layoffs?