So impressed with this company since we all had to move working from home. They have handled it very well. I don't think big, bloated DST would have been nearly as ready.
How is SS&C treating employees during this pandemic ?
Is SS&C working with staff and employees during this hard time or being the normal non caring business machine ?
Don’t sign a contract with these people like we did.
We signed a contract with these people to migrate our system. After signing the agreement, we were advised the people that were going to migrate our system were laid off. They have yet to deliver on the agreement or provide people to do the work.
Health Solutions Clients are canceling
Evidently the health solutions clients are fed up and cancellations are rolling in. The main business focus has been the BPO clients that look to be canceling and finding other solutions. The BPO clients are down to just a very few. Not enough to... — read more
Anyone here could be laid off at any time
This company is loyal to no one. Don't fool yourself thinking you will not be laid off at anytime.
SS&C still hAs some dry powder
https://investor.ssctech.com/investor-relations/press-releases/press-release-details/2020/SSC-Acquires-Captricity/default.aspx
Management never disclosed how many or who was laid off
We don’t know who was laid off in the last round of reductions. The way we find out is we try to contact someone by email or IM and find out they are no longer here. It does appear the last layoff included more people than was disclosed. There does... — read more
Quincy Massachusetts Office
What's the word in the Quincy office? People are anxious since they are down to a bare bones staff as it is. Management is as quiet as a church mouse
Poindexter?
Anyone heard status on the building?
The bear market is here....
Get ready to be unemployed for a long time.
So, how’s that job at DST going?
Layoffs coming....
For those in the UK
Firstly, I am one of the chosen, so no haters please. For those in the UK, you are protected by employment law and your contract. If you receive redundancy or an agreement ensure you use the legal service which you SHOULD be offered, it gives... — read more
Worldwide economic crash in progress
Told you so. Brace for massive layoffs and department closures.
This company really is a sinking ship
Not taking care of clients or employees is catching up with them.
Yet another health exec
Pharmacy is losing another health exec. Can't keep them because they know this place is a spruce goose. Glad to see that place implode. Customers will be right behind.
CEO resigns???
So rumour has it Willie Slattery has resigned...or is he being pushed out!? This company really is a sinking ship!
Business update meeting
500 People managers have been called in for a "business update" happening as we speak. Arranged by HR whodidnt even make the meeting Private.. So unprofessional.. This isn't nice for staff Mental Health
Business Update- happening now
500 People managers have been called in for a "business update" happening as we speak. rranged by HR whodidnt even make the meeting Private... S nprofessional
CFO of Ss&c sold 11 million share on February 19...just before market crash
Hmmm... https://www.gurufocus.com/news/1046157/ssc-technologies-holdings-inc-ssnc-svp-and-cfo-patrick-j-pedonti-sold-11-million-of-shares
Any layoffs in ALPS Funds in Denver office?
I heard a rumor they were closing.
FINALLY some "coverage"
https://www.bizjournals.com/kansascity/news/2020/02/28/ss-c-technologies-dst-systems-layoffs.html
Many Clients Not Happy with recent layoff
Many of the Health Solutions Clients are not happy with the recent layoff. They feel much needed people were laid off that are needed to support them. Clients are posting on user group blogs they are now looking for other vendors and would like to... — read more
Insider Trading
Insider trading? https://www.gurufocus.com/news/1046157/ssc-technologies-holdings-inc-ssnc-svp-and-cfo-patrick-j-pedonti-sold-11-million-of-shares
How many were laid off in this round?
Any ideas?
layoffs due to prior manage, why couldnt dst have been aquiring its conment failures
They were blind as a bat. Dst could have been buying competitors
50% UK DST Project Managers Gone
50% UK DST Project Managers Gone All PMO's.! Thanks SS&C, we love your penny pinching ownership. Their jobs have gone to India. More clients will now be off!
Media silence odd?
Anyone else find it odd that even in places like Kansas City the local media has yet to really say anything regarding this? Just remember the last major one a couple years ago they were all over it day of. Sounds like Stoneman is trying to keep... — read more
Here we go!
Let the processions begin
DST UK Redundancies
DST UK have just announced that although we have reached 28% profit, it's still not the 40% they want so we are going to get there by redundancies in IT and Funds. Also offshoring to India and Ireland. Its the beginning of the end...
Dst will have layoffs till nobody is left
Dst is under performing from a syenergy standpoint. So cutbacks will continue. Actually Dst really doesnt exist except for a tracked merger ebitda line. Dst is done, faded into history like Farmland Industries. Reason, it fell behind competitors and... — read more
Heard a rumor there are layoffs coming in April 2020
Very reliable source
If the upcoming DST layoffs don’t get you, the the forthcoming economic pain from the coronavirus will...
S—s to be at DST. Economic pain is coming.
I heard a rumor they are closing certain offices (Like Denver) or selling off business units by end of summer 2020
So plan accordingly, it’s going to happen suddenly. Rumors swirling about current leases in certain cities not being renewed or extended. Has work slowed down in your business unit? Has your boss made excuses as to why work load has... — read more
Vacate the HQ building at 333 West 11th Street
I have heard that all DST associates will be out of the HQ building by 03/31/2020 as it has been sold to another firm.
Feb 10th
Hearing rumors of another mass lay-off on February 10th. Some are already getting laid off today (2/3). Anyone hearing anything!
How many people work at DST Systems?
What's your guess on how many employees the company will have before the end of the year? How about the overall headcount? And headcount at Kansas City?
When's That Crash Coming?
Lol, maybe the "expert" that posts here can enlighten us. I've been waiting for a significant correction for 5 years myself. Crash is nowhere in sight!
Stock options
Any word on stock options this year? I saw Bill got his $450k at around $61 strike price.
Thanks Joan!
For the $25 gift certificate at the plaza stores