Anyone getting let go in Finance?

Tech has become blue collar. Those who will work longer and for less will get the jobs. That's corporate responsibility in an age where corporations become the new moral compass.

Process to determine who to layoff is based on how much money a person is making. The higher your salary, the more at risk you are. So guess who those folks end up being? Your long time employees and older employees. It really ends up as disparate... — read more 

The continuous threat of layoffs hanging over us is stressing me out so much that it is affecting my health. I am having trouble sleeping, my blood pressure is high, and my concentration is shot to hell. Not that DST cares, of course. Anyhow, I was... — read more 

Why are we failing it is so easy to identify. What are the traits of a great leader? Empathy. One of the most valuable traits a human being can possess is the ability to understand people. ... Awareness. Self-awareness--as well as insight when it... — read more 

the more folks we have reading, the more info we'll collect

A quick healthcare question. Are we still covered for at least a few months after a layoff or do we automatically lose our health insurance? Frankly, this is my greatest fear when it comes to the possibility of being laid off. Everything else can be... — read more 

Just wanted to let people who are in their fifties know there is life after DST. I was laid off in one of the previous rounds, took me about 12 weeks to find a job. I did maybe five interviews received two job offers, so I even had the luxury of... — read more 

What are the severance package details? Can I use personal holidays until I'm gone? What’s the policy about retirement and health plans during the last days at the company? Am I being let go with cause? Can I retire instead of being let go? Can I... — read more 

Can somebody here please give me a succinct explanation of what's happening at DST right now? All I know is my mom is completely stressed out all the time, but she keeps claiming nothing is wrong at work. I've been through posts here, but they are... — read more 

Can we please post the age of those we know were laid off here? So far the people I've seen walked out have all been over forty, some of them over fifty. It looks like to me that the new owners are taking this as an opportunity to get rid of all the... — read more 

Are they honoring the DST severance policy or has something changed?

Is there any idea on layoffs in Hyderabad location India

what happens if I am laid off? will i get email? phone call? if nothing happens, does that mean i'm safe?

have anyone been let go from the Birmingham office ? Do anyone know ?

From what we are seeing so far this looks to be a huge wave. I thought whoever mentioned 1,200 as the number a few days (or weeks) ago was trolling because I couldn't envision the company dumping nearly ten percent of its workforce, but now I am no... — read more 

I can confirm it started. My husband is among those who were already notified. We were hoping this would not happen, but we were also prepared, so it's not as bad as it could be. They started really early, I'm only guessing that's because they have a... — read more 

Everyone else should be relatively safe. Pharmacy solutions/Argus is the focus

Let's use this thread to track layoffs today, only post if you see people walked, or are walked yourself. Post counts, and dept if your comfortable with that. Lets track what the executive a-holes are doing!

Just remember when you lose your job Tuesday because the now retired CEO who walked with almost 100 million dollars along with some of his crooked understudies never tried to grow the company. They only worked on the numbers so they could get DST in... — read more 

They didn't say they got laid off, but that they are probably going to get laid off tomorrow. This is FSG in Poindexter. This is not made up and strictly information.

Got an email a month ago for a position I interviewed for in KC. I had already found work elsewhere but the email thanked me for interviewing but they had decided not to fill the position after all. Now I see layoffs. Looks like I dodged a bullet.

https://twitter.com/TheLayoff/status/1011322259716366336

https://www.thelayoff.com/dst-systems

You can refuse to sign your severance paperwork and instead hire a lawyer. Many, many people are probably too dependent on severance to really do this. I am not the breadwinner in the family, and this puts me in a position to calculate a bit more -... — read more 

Right up until the last minute. Then they'll hand you your package and say, "we're sorry, but we have to let you go" Fact.

It sounds like the former Enterprise Services group and the Financial Services group will take a lot of that reduction. That means KC and Boston area, but it’s hard to tell from rumors whether the offshore teams are impacted. Where did you hear that... — read more 

I was already laid off once in my previous company. We were invited into the conference room one by one and then escorted out, I wasn't even able to pick up my stuff afterwards (they shipped it to me.) Are layoffs done the same way at DST? Are people... — read more 

Clean out desk

Do anyone know if the claims department is safe? Supervisors doesn’t seem to know anything they just keep saying “they think we’re okay”

Looks like I'm getting a letter in the mail today from DST Legal Department... Hopefully they won't even make us come in on Monday!

Is it true that you have to use your severance before you can apply for unemployment?

Anyone know?

Took this 401k post from a different thread may be useful if you have funds/money: Just FYI to previous post, 401(k) contribution will not be deducted from severance pay. It’s considered supplemental pay/bonus, and retirement account contributions... — read more 

This whole site is one person feeding anonymous comments to the site over and over. He takes turns deciding whether today's comment is going to be "pro-layoff" or "anti-layoff".

I'd be prepared for bad news...

lol.

Is the office being closed or just layoffs? If layoffs, how many?