Can someone explain to me the benefit of keeping any operations in the KC. Most insurance companies are based in Hartford CT and SS&C is based between two major financial centers in the US in New York and Boston. Most of the activity in the... — read more 

remember, more people will not be laid off than laid off if and when a layoff happens. Economy is strong, if you do get laid off, you will find a better job.

Does anybody know what kind of severance does DST offer? And will it remain the same once SS&C Technologies take over? I've heard that sometimes incoming companies have a tendency not to honor the severance previously offered by the acquired company... — read more 

as somebody said in another thread, don't panic folks. we don't know anything yet. there will be layoffs sure, but they might not as be as bad as some are fearing. hang in there and wait out the storm. who knows once things settle down we might be in... — read more 

Now that the acquisition is complete, how many layoffs are we looking at? There will be the usual consolidation layoffs, those are always expected, but beyond that? Those who believe there will be no layoffs for a year or two are only kidding... — read more 

Thanks "Fearless Leader Hooley" ......."Fun" now begins for the rest of us left......

https://www.reuters.com/article/brief-dst-systems-says-entered-separatio/brief-dst-systems-says-entered-separation-agreement-with-ceo-gregg-givens-idUSFWN1RQ0V6

We had a meeting. Health Solutions is losing one or two customers so Birmingham will see layoffs. Pharmacy solutions is also having issues. They mentioned reducing staff by 80 people by years end. not sure if that includes Birmingham in that number... — read more 

good luck DSTers.

Any insight into whether SS&C will invest in retirement or sell it to another recordkeeper?? Any insight into whether they will move SS&C people from Boston office to Quincy / close Quincy office and move into Boston or somewhere else?

And you can continue to worry.

Don't repeat my mistake and approach HR with an issue. Their only purpose is to serve the corporation, you are the last thing on their mind when dealing with an issue, even if you are the one who presented it. I can't believe how stupid I've been to... — read more 

The Worker Adjustment and Retraining Notification Act (WARN Act) is administered by the U.S. Department of Labor Employment and Training Administration (DOLETA). It requires most employers with 100 or more employees to provide employees, bargaining... — read more 

There are no layoffs until at least 2 years into deal. then, all bets are off. the deal won't even be sealed yet at least until may 2018. then i'd watch for 2 years as they slowly get rid of the smaller redundant/duplicate roles, you won't even hear... — read more 

They need to take the top 300 oldest tenure employees, give them 70 weeks severance as a buyout. No unemployment to pay and they weed out the tired and feed up oldies making the big bucks. Some will bite, some won’t. That’s the way to handle it. I... — read more 

I heard it from my uncle, who works at DST.

Heard it from executive source last week - layoffs ARE going to happen. It is not known yet who will be affected or when, but we should all be prepared for a layoff as part of this merger.

Yep, that’s right didn’t happen again!

It was a general severance policy email. Was it just DST Pharmacy Solutions or all of DST? Some people in the finance area of DST did not get any email.

When is layoff supposevto start? No nasty responses needed here, just info that you know please.

Does anyone have any info on what's going to happen to the folks based out of Birmingham office (health solutions group)?

If you've been at DST for 5 years or longer, you're more likely to get canned as you are more expensive to retain. Severance packages are not the cost cutting tool they use, its how much you are vested with vacation time and employee... — read more 

All DST wants is for you to look at the mirror and ignore all of their disgusting, b---s--- practices because "at least you have a job". I was there for more than a decade. I got out, and now I have the best job I've ever had in my life. There's... — read more 

Then another dozen threads predicting layoffs. Rinse. Repeat.

Phase one of 2018 lay offs will commence on Thursday. First quarter is over, new hires have been trained and integrated. Enjoy the ride.

For those of you that served for many years; those who worked late/weekends, those who developed solutions that MADE this company; hats off to you. No amount of severance seems fair. Just know that your loyalty will probably not be reciprocated. It... — read more 

What a year of mind f#ck3ry. They have completely messed with each and every one of you. Some of you will get laid off. Some will stay, for now, only to be worn down again with 2019's layoff psyop. I've been around a long time, seen many a layoffs... — read more 

If you've been at dst a long time, you're probably out a job. My sources really have no reason to lie.

Today's email from corp informs us of increases in severance amounts for vp's and people with less than one year of service. Vp and new people should be concerned.

You keep saying DST does not care about their employees, well no sh-- Sherlock, no company truly cares about their employees as much as they do profit. That being said, all of you only care about money as well. Not one of you would show up and work... — read more 

July seems to have become the month mentioned in most rumors regarding DST layoffs. I'm just wondering if that means that we can relax at least for a few months? I've been stressing constantly lately, and while July is not that far away, it gives me... — read more 

Here's some facts to mull over. The ceo promised $150M in cost cutting last year as part of IT transformation. That's not server hardware or licenses, that's salaries. That's ~1500 FTEs. Then ssnc agreed to buy the company. The cost cutting (layoffs)... — read more 

Have fun at work this week, it’s gonna be fabulous!!!

and Hooley has thrown in the towel. Kind of like selling a car you haven't maintained, thinking that as long as it has oil and the tires are up it will last forever!, and now those years of neglect, have resulted in a complete overhaul, do you... — read more 

No layoffs. You must be feeling pretty stupid.

So what’s the good word or not so good word? Layoffs or not? If so, what timeframe has everyone heard?

http://www.kansascity.com/news/business/workplace/article203528314.html

Because there are no layoffs. Cheaper to scare you into leaving on your own. This didn't occur to me before, but now it seems so obvious that I can't believe I didn't notice it sooner. I know of two people who left the company in the last two weeks... — read more 

Wonder if anyone ever wonders why this new "exec" is loosing all his leaders? He doesn't care - that's why. He is single handedly bringing down an org. Bet the new buyers don't know that.

Did y'all get laid off?