Topics regarding layoffs at SS&C Technologies

Topics regarding layoffs at SS&C Technologies

Severance Payout

How is your severance being calculated? there seems to be a difference between legacy SS&C and DST severance payouts. Are you getting one or two weeks for every year served? is HR pulling the numbers out of their @$$?

No More WFH

Seems like a minimum 4 days working in office is incoming. Premises staff are counting active desks to see if they can accommodate every one

Any more layoffs coming up

Imagine how excited I felt when I heard about layoffs on valentines day, then imagine the disappointment that I didn't get tapped on the shoulder. Anyone have the buzz of a 2nd layoff??

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| 4390 views | | 8 replies (last April 19, 2023)
Post ID: @OP+1ldbLadw

Feeling safe

Please don't tell me that no job is ever guaranteed. That much is clear to everyone. However, is there anyone who still thinks that his job is a little safer than others'? I work hard and try to add value so it's hard for me to imagine becoming a... — read more 

Layoffs coming soon

I hear they are going to layoff 10% of the workforce. I hope they call my name. This place sucks.

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| 2590 views | | 4 replies (last February 15, 2023)
Post ID: @OP+1lbi3CUA

The leadership should take a pay cut

Instead of taking peoples jobs, why don't the big boys take a pay cut? It would hardly make any difference to them. If they are really in a bad position, why not just freeze merit increases and bonuses? This way people can keep their jobs and the... — read more 

More layoffs coming

I heard one biz unit had layoffs 2 weeks ago and they’re looking for 10% reduction across the board. Can anybody confirm this?

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| 3760 views | | 7 replies (last February 27, 2023)
Post ID: @OP+1l3RoM4f

What is your plan B in case you’re laid off?

I've been sending out resumes left and right, I even branched out into other industries but I haven't been getting many responses. I'm a bit worried that the rumors about layoffs will come true and I'll be stuck with no job for who knows how long... — read more 

Layoffs coming

No doubt SS&C execs are looking gleefully for any opportunity to layoff more people given tech companies are laying off people enmass. By deduction, it's going to come soon, before annual performance review and raises. This will help them manage to... — read more 

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| 2360 views | | 2 replies (last February 6, 2023)
Post ID: @OP+1kYxkAa9

More next week?

Last two times they RIFed the second week after the quarter ended. Year/quarter end was last week. Will they repeat it? I sincerely hope not. Hang tight y'all.

Job hunting

I only recently started looking for a job more seriously/actively, and I was surprised that I already received an offer. Maybe it's pure luck, because I really thought that it wouldn't happen so soon considering the poor market conditions. I know... — read more 

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| 2360 views | | 2 replies (last December 5, 2022)
Post ID: @OP+1jHlQJ5P

They don’t really care about you

When you are not being treated or paid fairly, leave. They don’t really care about you or how you feel. Doing a really good job does not pay dividends like it used to. You are an expense to the company and the least amount of expense is better in... — read more 

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| 2330 views | | 4 replies (last November 17, 2022)
Post ID: @OP+1joyMADE

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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| 2180 views | | 4 replies (last November 25, 2022)
Post ID: @OP+1jizx44T

We are getting ripped of in pay if you are still here

I want to let you know how your being ripped off with pay. They raised the starting pay for SS&C call center reps to $19-$25/hr. I also know people that been here over 5 years and still only make $15/$16hr. its upsetting to pour my life into a... — read more 

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| 2320 views | | 6 replies (last October 23, 2022)
Post ID: @OP+1jiIIJwd

Blaming Covid and inflation

I am not saying that Covid and inflation did not cause any harm, but I still think that this alone cannot be the only excuse for layoffs. Did bad leadership decisions have no effect at all? I don't think so. Maybe it's high time for leaders to... — read more 

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| 1670 views | | 3 replies (last November 13, 2022)
Post ID: @OP+1jcgKwZB

A recipe for degrading the company

In my opinion, most of those who are affected are actually employees who knew how to do their job and who performed it the best they could. Those who are not affected are pretenders who do almost nothing. Managing layoffs like this is a recipe for... — read more 

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| 1370 views | | no replies yet
Post ID: @OP+1jcWi7y9

Datacenter Infrastructure

Here is my opinion. The datacenter infrastructure is the biggest POS you'll find for a "tech" company. They don't even carry maintenance on their core datacenter switching gear. One time a line card blew on a Cisco switch, and the switch was so old... — read more 

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| 3220 views | | 5 replies (last September 21, 2022)
Post ID: @OP+1hUNaCuZ

That's sad

When there are more people who say that they would like to be laid off, than those who are anxious and trying in every way to keep their jobs here, maybe it is high time for the leadership to ask themselves where this company is going?

Getting rid of older employees

Most of the people I know who were laid off yesterday are in their fifties and have been here for decades. Why they would want to get rid of so much institutional knowledge and experience at once is a mystery to me. Yes, they can save a few bucks... — read more 

6/22 Layoff

6/22 Layoff Summary: 250 people 7% of SSNC Health. People were notified by phone. Those laid off were notifed by VPs and Directors who they didn't work for. No input from their direct leadership. Managers and supervisors remain... — read more 

Lay offs June 2022

I heard there are layoffs happening at his moment. Can anyone confirm?

Don't believe a word they say

In a previous round, we were told layoffs were coming and our jobs were safe, we were let go the next day. That place spun one lie after another for years, you cannot believe anything they say. This is sadly 100% true. I know somebody who was... — read more 

Terrible management

The highest levels of management here are a disaster. I sometimes wonder where we could be as a company if the entire ELT was replaced with competent leaders, but then I quickly remember that the people who are running the place now have destroyed... — read more 

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| 2022 views | | no replies yet
Post ID: @OP+1guLC0ce

SS&C Back to Office

So Bill and Rahul want us back in the office 4-5 days each month - they're having a laugh!!

Blue Prism Sad

SS&C Completes Acquisition of Blue Prism Group PLC Don't believe what you hear, you will be ripped down and apart, say bye to friends now.

Layoffs coming in early to mid-March?

So apparently there are rumors of layoffs impacting the the Health & Pharmacy side of the business. Oddly enough, this comes after the recent townhall where we were told that employee retention is very important to the company. I'm not sure how... — read more 

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| 3630 views | | 3 replies (last March 24, 2022)
Post ID: @OP+1fsNzA8h

Crazy levels of attrition

Attrition is out of control. Who needs layoffs when people are voluntarily leaving in droves?

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| 2840 views | | 2 replies (last December 16, 2021)
Post ID: @OP+1ekJRqBf

How’s the private cloud coming along?

Other firms with cloud solutions have added $100M in revenues through organic growth… how’s ye ole technology stack comparing these days? Awd gonna make the turn andbe a success? 20 sales people * 0 product value = 0.

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| 2770 views | | 3 replies (last April 26, 2022)
Post ID: @OP+1efNKtyL

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