I joined Sungard in Dec 2014 as a business analyst over the period of 6.5 years of my tenure with Sungard I changed 3 profiles and was promoted twice. Ever since I joined Sungard I have seen wave after wave of layoffs, started with laying off employees based out of US and Europe and filling up the same positions in India for the simple reason that the business wasn’t doing good and this was more of a cost cutting exercise. It came to a point where Sungard could not afford employees based out of India either and thus Indian staffers too were laid off. The layoffs still happen and it’s always the last in first out. So if you are seeking new job opportunities I would strongly recommend against it unless it’s a desperate situation.