Thread regarding Sungard Availability Services layoffs

When will the CEO get sacked?

I have no idea why the CEO has been in power for such a long time, worse CEO ever! He has completely destroyed the company it's either heading for Chapter 11 or it's going to lowest bidder, if it's lowest bidder the CEO and his board will at least line their pockets.

by | Post ID:
1158 views | 2 replies (last )
Comment! It's anonymous! Reply to this post anonymously by submitting the form near the bottom of the page!

2 replies (most recent on top)

Heard they another bloodbath yesterday. Any details ?

by | Post ID:

Don't sit around waiting for Stern to get sacked, he won't. Is he a terrible CEO? Yes, absolutely, but he is accountable to no one but the private equity board. People like Stern, Tilly, Dzerovich, and Lynch's primary job at the moment is to keep expenses low and hold off the bleeding of customers until a suitor can be found for the company as a whole or key parts (software, Data Center, consulting, etc). Each of the C-suites and Sr VPs most likely have golden parachutes, otherwise they would have left or not joined in the past 2 years.

The massive layoffs in the US and moving the majority of work to low wage / low quality India and Costa Rica have shown most customers and rank and file employees know the company has failed. If you're still working at AS you better be looking for a new job. Don't wait around for a "package", it will only keep you afloat for a few weeks at best depending on your tenure.

by | Post ID:

Post a reply

:

Related pages


sears brea mallamerisourcebergen trade showmedtronic spine memphishuron healthcaregenghis grill franchise conceptswhy is sears closing storesbob coughlin paycormerger layoffsapple stores birminghamclay king spartanburgcall assistant logan utahnice nasdaqhalliburton pay stubshenderson methodist hospitalstallion oilfield holdingsmacy's employee insitesears bbqdevry milwaukeewalmart hiring freezetyco integrated security canada incmove att uversemcdonalds head office usatdw savlirockwell collins coralville iastaples in new london ctteledyne microwavemohawkind loginverizon wireless lincoln cacanrigtime warner technician salaryboeing layoff newsweatherford stocksfreescale tickercenturylink florida customer servicea10 networks incst vincent worcesterl3 electron devicesiivi inccsg systems omahatarget corporate minneapolispayflex systems usawalgreens bensalemcabelas maine closingibm canada layoffskaplan higher education corpverizon hours of operationcts hiringseagate coloradonoven pharmaceuticals stockraytheon retirement benefitsdoes sears own kmartlou gerstnerpwc office tampawhiting petrohow much do department supervisors make at home depoturbnincpeaksloan comwww kimray comibm software sales salarybank of america locations in phoenixcisco office locationsapple store in mishawaka incummins columbus indiana jobsis itt accreditedmedical center dothancenturylink monroe louisianasacs probationsmith kline glaxo jobsboston scientific headquarters addresstime warner richardson txsportamans warehousecalix stockford motor company michigan assembly plantcathy bessantsears ceo salarychevron corporate addressjourneys opry millsschlumberger technologiessanmina sci fermoyesi medcosugarland surgical hospitalocwen coppell txpioneer energy services san antoniovestin realty mortgage