Thread regarding Sungard Availability Services layoffs

More layoffs coming in August 2017

More significant layoffs of US-based Operations teams are coming in August 2017. 2nd quarter numbers missed the mark so heads must now roll. The move to low-skill / low-pay resources in Costa Rica and India continues so management can make the company more attractive, artificially attractive, for a sale. Despite what management says, all changes are 100% financially driven. The CFO continues to drive the company into the ground to meet the CEO's financial numbers.

Customers have realized what is going on and continue to leave in droves. Upper UK and US management (VPs) who are close to the overall plan are now leaving en masse as well.

If you are a SgAS employee in the UK or US and are thinking of leaving or have an opportunity to get out, now would be the time to make a move. If you are thinking of joining the company in the UK or US, don't

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In the first week of August, 75 employees in the US were whacked. The rumbles I'm hearing is that more to happen for the rest of the month. There's no question Sungard AS is dying. For five years, sales haven't met its target. These are unrealistic targets. But long-standing customers are leaving.They can't stand the poor service coming out of Costa Rica and India. What's left of product development is just weak. For example, the automated recovery tool is essentially dead. So now you've got executives bailing from the organization. The reality is, good people are gone, products are just languishing without solid progress, customers are frustrated, and the company is adrift without purpose except to RIF employees to make the numbers look good.

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Product development releases have been flaky. So Sales is struggling to sell something. I can report that the San Ramon building in California is for sale. Staff has basically been gutted because a lot of jobs have been moved to India or Costa Rica. Yes, reports of dissatisfied customers are true. The big complaint I'm hearing is the lousy support services coming from India and Costa Rica and the language issues. Thank goodness I've got an offer and will be leaving soon. Good luck to my colleagues.

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Heard that the hammer fell again on Tuesday.

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