Anyone heard status on the building?

Get ready to be unemployed for a long time.

Layoffs coming....

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 

Told you so. Brace for massive layoffs and department closures.

Not taking care of clients or employees is catching up with them.

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.

So rumour has it Willie Slattery has resigned...or is he being pushed out!? This company really is a sinking ship!

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

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

Hmmm... https://www.gurufocus.com/news/1046157/ssc-technologies-holdings-inc-ssnc-svp-and-cfo-patrick-j-pedonti-sold-11-million-of-shares

I heard a rumor they were closing.

https://www.bizjournals.com/kansascity/news/2020/02/28/ss-c-technologies-dst-systems-layoffs.html

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? https://www.gurufocus.com/news/1046157/ssc-technologies-holdings-inc-ssnc-svp-and-cfo-patrick-j-pedonti-sold-11-million-of-shares

Any ideas?

They were blind as a bat. Dst could have been buying competitors

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!

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 

Let the processions begin

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 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 

Very reliable source

S—s to be at DST. Economic pain is coming.

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 

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.

Hearing rumors of another mass lay-off on February 10th. Some are already getting laid off today (2/3). Anyone hearing anything!

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?

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!

Any word on stock options this year? I saw Bill got his $450k at around $61 strike price.

For the $25 gift certificate at the plaza stores

To all the overly critical, fault finding, ungrateful, untalented "managers" at Dst. After your lay off, you may see that there is a better management style. Or you can quit and do the dog training and grooming thing, just like the former manager... — read more 

2 in 2019... that must be a record, right?

Just like the old days!

Are you excited? That works out to $2.20 per month bonus!

I've now heard from two different sources there might be more IT layoffs in January. That's enough to really have me worried. Does anubody know more about it?

This is a generic discussion thread to capture comments about potential DST Systems Layoffs 2020? Any news or rumors?

Staff are dirt

DST only cared for their top executives. I expected layoffs long ago, to boos stock price. DST cared less about their staff, or their careers. You even had to pay to park in their company owned lot, even though it was for their benefit. Other... — read more