I do not believe that there will be a large number of those who will refuse vaccination and go look for another job, but there will be some. Fiserv might even benefit from getting rid of some employees in an easy way, but those who remain will find... — read more
Upgrading alpharetta office
Did you see the email about alpharetta office equipment being upgraded? Why is this company investing money to go backwards and have its employees on-site? They want to pay more in electricity, water, janitorial staff, coffee, security, etc. They... — read more
Reorg
What do people know about the account team realignment and impact to headcount?
Lack of trust
I'm trying to imagine that I was a leader in a company and the employees didn’t trust me... would I be worried? It would definitely get me thinking... How do people trust leaders who do not trust them? I have never worked in a company where leaders... — read more
I took a pay cut to leave
I know I'm far from the only one. It took me a long time to make the decision to leave, but once I did, I was going to leave at any cost. Despite getting less money (around 15%) I'm significantly happier than at Fiserv. It was more than worth it... — read more
WFH is going Bye-Bye -
Buckle up Fiserv. The new sherrif (Frank) of Fiserv is doing away from WFH as fast as he can. He is starting in on his plans to remove the flexible work from home program. If you are in a remote position, you should start looking and updating the... — read more
Sapience coming back
Sapience is due to be rolled out again. Frank just can't stand not knowing everyone's keystroke statistics. FiDonald's never runs out of ways to disappoint.
Vax Status of US associates required
It is 8/23 and suddenly the company is requiring vax status by friday. I wonder is this will be used in Frank's layoff target.
117 and rising!
See what happened to fis and global the past month…as predicted we out performed them and the market is reacting with our stock up and theirs down. Great job team, keep in going!
In layoff news
Frank has demanded a blanketed 5% reduction in headcount to “make his numbers.” Read that again. All employees are numbers. Numbers representing how much and how long you are in the office, how much you cost him, and how are you contributing to his... — read more
Clover alone could be worth $185B by 2024.
Huge value to be unlocked!
Sniff Sniff
You guys smell that? It's Enron sniffing at Fiserv's door.
Fiserv in comparison to the rest of the industry?
a) How would you rate Fiserv in relation to the rest of the industry? b) Why do people go to competitors en masse? Colleagues who receive offers in competing companies do not hesitate at all, and others generally can hardly wait to get a job in... — read more
Fear based management
Instead of inspiring employees to do great things, managers at Fiserv use fear to control people. What will they gain by spreading fear? Is there anyone whom fear keeps compliant, docile and productive? Certainly not the best employees. The best... — read more
Can we now get the rest of the upper management out as well?
If we replace the entire ELT, this place might stand a chance.
Anti harrassment training
I recently finished the anti harassment training. Does it bother anyone else that political beliefs are not a protected class according to USlaws? Religion is, and that is matter of personal beliefs. It bothers me that as a conservative, my views... — read more
Several technology SVP's out
Pat Ryan was one of them.
How many OS's do we run now??
I was just looking at job openings for curiosity and I noticed an opening since March for a Unisys Admin. I've been with OFS for 18 years and didn't even know Fiserv ran on Unisys. What products run on it? Did this come over in the merger? There will... — read more
I left Fiserv a few weeks ago and I breathe easy
I don’t wake up angry, spend my whole day under stress working for uneducated, anti- intellectual alcoholics. I’m not doing 3 people’s jobs and I’m making 50% more in a sophisticated firm. I’m not being forced to go back into the office or getting in... — read more
Frank/HR warming up to WFH?
My manager paraphrased an internal memo in a discussion I had with him and from the sounds of it, Frank/HR might be changing their minds when it comes to WFH. It sounds like it may end up being a "come in a few times a month" sort of a thing.. but... — read more
It can always get worse
When I think it can't get worse, Fiserv always surprises me. Back in the office in the middle of a pandemic? Really? They think we'll be more productive that way? What a joke of a company, but ok fine. I'm really interested in what the... — read more
Why so much micromanagement?
The irony is that there seem to be more micromanaged employees who work hard, have a lot of experience and are dedicated to their work than those who do the bare minimum and sloppy work. It became impossible for me to work in such conditions. I... — read more
Rate Frank on Glassdoor
Please make sure to go to Glassdoor and rate Frank’s management. I’d say leadership, but he has none in my opinion. Things to remember: He eliminated the 401k match. It’s expected to return at a much lower March rate than before and it’s being... — read more
It is very simple…
Come to work each day (at a go-forward site or from home) Work hard and smart for your clients and teammates Be a positive and constructive force Recognize ofs (and ofd) are no more, and be flexible to accept change, not blindly but based... — read more
Let's split OFS and OFD
Based on the results from OFD divisions and that we continue to support the OFS trash I want to reverse the merger. I'm tired of bailing these clueless OFS teams out, we could have done so much better as OFD. The plandemic really brought the creme to... — read more
Square Bringing on Da Heat!
They made a 29B acquisition of Afterpay. Bigger deal than Fisv-Fdc. FISV is getting kicked in the gonads today. Aye!
Remote Work is Dead!
It has been confirmed that all new positions will be in office and remote options are dead! Flexibility is not an option and most employees will be required to go into NY/NJ, Omaha or Alpharetta. Brookfield will only be headquarters by name only due... — read more
Guy’s special titles
Guy gives out titles that are supposed to be for distinguished employees not necessarily in management. Then he gives his new fancy titles to SVP’s with already fancy titles and large orgs. What’s up with that?
Agile
This is not the only company that has become obsessive with agile. I have a friend in a company where there is also a great craze for agile, although it does not bring any results, just as I do not see any results at Fiserv. Why are they trying to... — read more
Great day today for our clients, associates and shareholders!
Fabulous positive energy on the heels of a great earnings call! Funny to see the trolls who have been predicting doom scurry off into the corners…
All Associate Joke
Watching Frank surrounded by mostly men in the office is NOT admirable. It speaks volumes about Fiserv’s bait and switch messaging about a flexible return to work initiative. The video was uncomfortable and a ridiculous display of showmanship. .. — read more
Bob getting shifty due to bad results
I can hear Bob shifting in his seat all the way from here.. the results must be pretty deplorable.
Sell while you still can
Sell your FISV shares while you still can. It's going to TANK.
Best yet
This is going to be the best earnings call yet. Get ready to ride this rocket like Jeff Bezos!!!!
Pre-merger vs post-merger analysis
Pre-merger: Competent leadership that cared about its employees. Raises/bonuses were given on the spot for doing a good job. Little stress due to a sane, structured business plan; projects were typically well-thought-out. Post-merger: CEO... — read more
I don’t remember when I worked here without stress
It is no longer a question of how stressed you are, because I do not know anyone here whose mental health isn't endangered by all the stress here. Perhaps the better question is when was the last time you were stress free at this company? I don't... — read more
Here we go
Stocks up. Covid is in the rear view mirror. Warren buffet is drooling just thinking about buying fiserv. We are $200 by year end, book it!!!!!
Has micromanagement ever been greater?
In my opinion, it is a recognizable sign of all sinking companies. The more you sink, the greater the micromanagement. I've been in the company for a long time and I don't think they've ever put so much pressure on an employee with excessive control... — read more