Be interesting to see how the layoffs at Deutsche Bank have an impact on Sungard and their master plan. Could end up being quite the game changer if they ditch some sites.

Considering he sent his 2nd company in a row to ch 11 AND admitted he wasn’t keeping up with technology for the past number of years there’s NO way he should receive millions of dollars

I applaud all sgas employees that are loyal to the company, unfortunately that affection is not reciprocal with ownership. Any hope of recreating sgas to Fortune 500 greatness is a pipe dream..... get out now and save your’s and your families... — read more 

So I was in the middle of doing my daily tasks, when all of a sudden my network id and password were not working, of course the first thing that comes to mind...I'm on the chopping block and start to put my personal belongings in my bag - just in... — read more 

Well folks here we are... Closing our first quarter after filing for chapter 11. Below are my thoughts and perspective: Performance: We continue to see improvement on retention. Growth sales are strong in some teams and soft in others. This validates... — read more 

Next Layoff = When the next big asset is sold... new owners have a math problem.... they gave up ~$900m in defaulted loans to take over a company that is now worth ~$340m..... these guys don’t lose money and they aren’t in the business of... — read more 

Predictions?

I guess you all quit?

Unless layoffs happen in your neck of the woods, you won't find out about them. I find out when I send an email needing something from a coworker in another facility and it bounces back, we are left holding the sh*t until you finally find out who... — read more 

Severance is the only thing still keeping me here. If layoffs are done and I'm still here, I have no intention of sticking around. Job market is too good right now to have to suffer through stress caused by the decisions made by our inept management... — read more 

It took about a month for the RIFS to surface. Any one drinking the cool aid that the Bankruptcy was just a Balance Sheet Exercise was not really thinking. Teams were given a target to begin to reduce headcount. And the implementation of those RIFS... — read more 

Just check the human resources website they have to update the policy if it's changed when they changed it from two weeks to one week they updated the policy on the HR website so if they've reduced it to no severance they should have changed it or... — read more 

So here we are a few weeks from our emergence and gauntlet has been thrown down. I am excited for the changes we are about to embrace. My thoughts: Sales: The continued focus of optimizing our account management will drive a more effective and... — read more 

When he gets to your part of town ask him “How much longer Do we have left”

Personally I'm interviewing, I think the general populous knows the outcome that is going to occur so that is why the board has slowed. In the next few months you can expect more departures both voluntarily and involuntarily at the LT level and below... — read more 

How did we go from having one of the most secure and laid back jobs (not in a sense of not having to work, but in a sense of not having to worry about too many things if we did our job well) to this hotbed of frustration, uncertainty and stress so... — read more 

Was he Rif’ed..... This site isn’t that interesting without him.

This board is about employees finding a common place where they can vent together. I guess sort of like therapy. You cannot complain or vent your fears at the work place so this would be the next best place. This isn't a team building site or a place... — read more 

ANyone know why?

Anyone else surprised that the leadership team is fully intact other than AS? Any bets on the next forced departure?

I will say - if you are a CSP, you're in a precarious position. When I started at SG, management was dedicated to retention. I worked with CSPs and I worked directly with customers. At that time, I managed every concern the customer had and I was... — read more 

You want to know who I am? I think you no the answer. I am the employee that has put in the time over many years that wants the payoff. I am the employee that joined the team last Q and is now invested in driving results. I am the executive that... — read more 

When will the doors close?

Sungard AS is a dead goldfish, circling the drain, and has been for years. You need to polish up y our resumes and get out while you can. Severances will be gone, people will be let go, and whatever assets are left are going to be sold at a fire... — read more 

In all seriousness, of current employees, are you going to stay and see how things play out or are you actively looking for another job?

The time is now. We must take advantage of our opportunity. For the first time in many years we are in the position for success. healthy economy growing target market with committed partnership with the largest provider of hyper scale compute (Aws)... — read more 

Will the usual package be reduced now that we are officially in Chapter 11?

It’s official, we have a new CEO Sungard AS also announced the appointment of Michael (Mike) K. Robinson as the Company’s new Chief Executive Officer (CEO). Mr. Robinson will succeed Andrew A. Stern, who served as CEO for nine years... — read more 

https://www.philly.com/business/phillydeals/sungard-bankruptcy-wayne-private-equity-debt-hedge-fund-20190502.html

So they were grooming him for the past month, according to Stern's email. Wow, they just keep us in the dark up to the last possible minute. I don't believe anything that comes out of corps mouth, nothing!

We are out people!!! Looking forward to the future. Like I said, remain focused and positive. We will realize our potential in the market. It’s our turn now. Thanks, One Positive Guy

The troublesome issue at SGAS is that there was no change in direction. SGAS was too late to the cloud game that includes AWS. These services simply are not selling at a rate to sustain the product. Trying to compete with AWS, Azure and Google for... — read more 

Get out now

So I was forwarded this link to read cause I was wondering if there is any news regarding today.., an hour later I have read all the posts and reply’s. I now have one question. Who is OPG? Is it Andy? Is it a marketing person? Thoughts?

Why are there available job posting at Sungard AS right now? Why isn't there a hiring freeze considering what's been going on? What's the point of bringing in new people when we know major layoffs are only a matter of time? This makes very little... — read more 

Given sgas has not identified any new game changing approach to grow share, the only thing left to grow top line revenue is massive price reductions.... this will lead to more layoffs to reduce cost... dangerous cycle... either sgas gets bought for... — read more 

I am happy to hear we continue to make progress against the proceedings. Please be cautious if your speaking to customers or partners. Even though we expect to emerge very quickly there are still elements outside of our control that could impact... — read more 

We were told it was cut and dry. Any word if this went through?

Given that this is the 2nd company he bankrupted he should be made to run the gauntlet - not given a large sum of money