Thread regarding Sungard Availability Services layoffs

More layoffs at Sungard AS in September

Despite the 75 RIF'd, this month, I'm expecting a SIGNIFICANT GLOBAL (US and UK) RIF very soon after September 1st, maybe right after labor day. CEO has scheduled all-hands meetings for early September, most likely to explain the RIF and continual team consolidation of those left standing and dismal numbers. (Same pattern as the January 2017 RIF). Leadership (VPs and Sr. Dirs.) have been consolidated at a rapid pace over the last 60 days. Somewhat due to execs and VPs leaving at a rapid pace. Most of these leaders will not be replaced. Leadership consolidation means team consolidation and therefore RIFs as less leaders are needed to manage less people.

Posted by in another thread, moved here for info more people should see.

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