Topics regarding layoffs at DST Systems

Topics regarding layoffs at DST Systems

A company that works against itself

It seems to me that our leadership neither want to think much about their bad moves with negative consequences for the company nor want to change things that aren't working out. That's why they go from one mistake to another. Why is it harder for... — read more 

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| 1830 views | | 6 replies (last September 28, 2023)
Post ID: @OP+1mcM9gvU

The place was a total joke

I worked at this company for 2 years. It was the weirdest place ever. Every decision make was the wrong one. Huge nightly processing hickups due to unqualified staff. Worked at Hallmark, H&R, and Sprint. All much better run. Even Sprint was at least... — read more 

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| 1700 views | | 4 replies (last September 18, 2023)
Post ID: @OP+1mbOhtsr

I finally got a new job

Two months since I was laid off I finally managed to land a new job. I started last week and so far I love it. Much better atmosphere and morale than at DST. It's roughly the same pay but with better benefits. Judging by the past week, DST laying me... — read more 

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| 1200 views | | 1 reply (April 21, 2023)
Post ID: @OP+1mbgL2qC

No more ot!!

They have completely cut out OT in my department. What a selfish company doing this during this moment in time.

Anything on Merits/Annual Reviews?

Merits were effective 4/01, no word on annual reviews either. I’m finding it hard to have any motivation to work when I don’t even know my hourly rate.

Layoffs are often a blessing in disguise

I got layedoff from Dst. Best thing as it's going downhill. The company with massive blindspots, poor systems, hostile managers and below market pay is almost extinct. Harrassement takes many forms. Sometimes it's just hostility against someone that... — read more 

Severance

Anyone from the recent layoff want to share severance details? Has it been reduced to a years salary, minus 40% in taxes? It used to be 2 weeks for every year worked.

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| 1940 views | | 3 replies (last March 31, 2023)
Post ID: @OP+1llf78Dc

Layoffs at DST

I'm surprised we haven't heard anything about layoffs so far this year, considering that the entire industry is busy laying off tens of thousands of employees every week. I'm currently in a state of constant anticipation since I'm certain we won't be... — read more 

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| 1590 views | | 1 reply (February 6, 2023)
Post ID: @OP+1l0uuzuN

Signs of disrespect

There are very few of us here who can say that they feel respected at DST. The managers are rude and extremely unprofessional. There are those who will say that this is just a job for which we are paid, but still, great employees need much more... — read more 

Letter from our Leader!

From: Thomas Musk To: Team Subj. All Software Engineers Date: Nov. 18, 2022 [time stamp removed] Anyone who actually writes software, please report to the 10th floor at 2 p.m. today. Before doing so, please email me a bullet point summary of... — read more 

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| 2000 views | | 5 replies (last November 22, 2022)
Post ID: @OP+1jMaMWIq

Ignites Article

SS&C Overhauls Comp After Say-on-Pay Rejections Each of the firm’s top-paid executives will get a raise next year, a filing shows. By Joe Morris|October 19, 2022

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| 1920 views | | 6 replies (last November 19, 2022)
Post ID: @OP+1jihxgt7

Severance

How generous is the package? I'm asking because I don't know if anything has changed in the meantime in the severance policy.

by
| 1660 views | | 4 replies (last October 19, 2022)
Post ID: @OP+1jcAott1

Layoffs

Layoffs are going on right now. Nothing left of this company!

Going back

Yes, I too know a few people who came back here after they left. I would never do that, not even if they offered me much better conditions. And apparently they offered much better conditions out of desperation to attract some people again?

Dump Ster Technology, Inc…

Been with the company about 13 months, and I have no words for the technology. Shell execution, path not found, drives disappearing, restart/shut down, force close, “wait for response”, Global Protect disconnects, blue screen death, loss of data on... — read more 

Wrong moves...

I used to be proud to work here. Not anymore though... Management seems to only know how to make cuts and nothing more. Small correction - they don't even know how to make cuts, because they mostly cut people they should be trying to keep at all... — read more 

Fast sinking company

If I don't get laid off, I will leave anyway. It makes no sense to stay in a company that has no future. Can you even imagine what DST will look like in five years? Unfortunately, I can't see anything good. Looks like fall is inevitable but aren't... — read more 

Let's Share Salary Information

I'll start, before I left earlier this year, I was a "Software Engineering Manager" L2 and my salary was $136,000 a year with about a $10k bonus. Sounds great but I hired in at $130k over 6 years prior, so three promotions, 6 years and 6k raise. The... — read more 

TownHall - Nick addressing how he is perceived

You know you are an ill fit for your role when feedback from your previous townhall is that you aren’t taking questions seriously, you lack tact when addressing legitimate compensation concerns, and you make bully comments like “if you don’t like it... — read more 

Compensation is no longer competitive

I won't lie, DST used to pay well, that's the main reason why I stuck around for as long as I have. However, that hasn't been true for at least a few years with pay increases that can only be called insulting. I've had enough and I'm planning to... — read more 

What cash did DST staff get when company was sold?

I just saw on the news that employees of CHI Overhead door, a garage door company are getting $175,000 to $750,000 EACH based on their years worked as Nucor bought them! The average worker got a check for 5.5 times their annual salary. I am new to... — read more 

Why leave without severance pay?

I started looking a new job and managed to get a solid offer in a very short time. I didn’t leave because I think I can get one even better. So, it is possible to find a job in a reasonable amount of time. However, why go now and not take the... — read more 

More layoffs -Serious as a Serious Heart Attack!

If you work at DST expect more cuts in the future. Everyday management is trying to cut costs, which is easier than deriving new revenue and clients in this recession. I squarely blame DST's Senior management (AVP level and above) actions since 1979... — read more 

May layoffs

Has there been any news on May layoffs?

Bad culture

I know many have said this before but I'm going to reiterate that DST has a lousy culture. We have management that takes every opportunity to make us feel like we're replaceable and unimportant to the company. How exactly am I supposed to get... — read more 

Time to go - take action and leave

These executives held two damn town halls talking about cost of living raises, making pay more competitive with the market. And then want to hand out these 2 and 3 percent increases like they doing something for us. It’s time to get the f**k out. It... — read more 

Fresh out of college hires

I feel sorry for fresh out of college new hires who are getting their first work experience here. And it seems to be most of them. Almost no one with experience comes here anymore. Looks like DST now only hires fresh out of college candidates?

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