Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

FB is not a growth leader

FB is not a growth leader he is an expense manager. It's why he was brought in at First Data and why he is leading Fiserv now. The company doesn't have organic growth left so all that remains is to cut expenses to the bone. This strategy works for a... — read more 

???? Annual Layoffs ?????

It is annual layoff time and was wondering if anyone has heard where they are cutting this year ?

Fiserv has issues with Texas data center

I heard it was Irving and not sure if first data has data centers in Texas as I got out of that place just before the merger. Had to be so frustrating for leaders to pay for DR for years and when it is actually needed, is not ready or takes much to... — read more 

Are you paid enough for the amount of work you do?

When I first started working a few years ago, I felt I was paid fairly. However, as the years went by, the pay did not grow with the weight and complexity of my job so I could no longer say that I was satisfied with the pay. At this point in time I... — read more 

Did you get a bonus?

I originally got a 4% bonus (lowest since I've been here) with 40% cash and 60% stock that vested over 3 years. Then I got updated info that said it would be all cash. 40% paid out last week, the other 60% should be on the next paycheck. Just... — read more 

Great company!

Thinking about the 25% premium pay awarded during the pandemic and then the 10% permanent pay increase for 7,000 associates at a time when most other companies were/are furloughing and laying off! Very proud of FISERV and the entire team!

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| 1580 views | | 7 replies (last February 15, 2021)
Post ID: @OP+19pUEnRk

HR admits to violating federal law

It has been brought to our attention that the 2020 individual compensation statement you may have received was inadvertently marked “Confidential-Sensitive.” This oversight is being corrected immediately-to remove the “Confidential-Sensitive”... — read more 

Where to go from here?

Fiserv is my first job, I’ve been here for a little over two years, but I’ve already seen how things are in this company and I want to get out of here as soon as possible. What bothers me the most is the toxic atmosphere that is becoming unbearable... — read more 

Trending up

I work in the core technology area that maintains the hardware and the hosting platforms. Our stability has increased greatly in the last year. We are using the ITSM model to drive improvements and it’s paying off. Our internal customers are... — read more 

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| 1540 views | | 9 replies (last February 16, 2021)
Post ID: @OP+19mT8EW3

Earnings

Beat earnings (fired enough people), missed revenue (customers leaving product). More job cuts coming soon

Where do you see potential?

This is no longer a company it once was, but no matter what, it should not be exaggerated that things are worse than they are. I don’t think everything is bad. There must still be some potential left that is untapped. I’m interested in what you think... — read more 

Great News!!!

The executives received their stock grants on 1/28/2021. Yes!!!!

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| 1230 views | | 2 replies (last February 5, 2021)
Post ID: @OP+19fKkfBL

2021

This year is going to be transformational. The groundwork is there to support a $200 stock price. If execution goes as planned benefits such as 401k match increase and ESPP will be fully restored in 2022. Fiserv will soon have the brand... — read more 

What's the situation with promotions?

Is it just me or does it seem that all promotions have been put on hold? I was promised a promotion just before the pandemic hit. I've been assured since then several times that it's going to happen soon, but it never does. This is a well earned... — read more 

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| 1720 views | | 6 replies (last February 5, 2021)
Post ID: @OP+19dpFKPz

Just stop

Just stop, alright. Stop telling others how they should or shouldn't feel. There's always two ways to look at things and if people have a legit gripe about their boss, their department, their company, this is America and they have the right and... — read more 

Motivation is all but gone

Things have been going from bad to worse here and my motivation has been following that trajectory. What is there to work for? What is there to give it your all for? It's not as if we're going to get rewarded for it. Whatever promotions are available... — read more 

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| 1620 views | | 7 replies (last February 1, 2021)
Post ID: @OP+199ShTce

JSOC

OFD brought over the capabilities of the JSOC. Say what you want about the other operational teams .... the JSOC is a well run unit and the staff are high performers. One of the many benefits Frank brought over with him. A team dedicated to... — read more 

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| 2041 views | | 4 replies (last February 10, 2021)
Post ID: @OP+199hPC4h

Layoff the stupid old checkfree managers

They should layoff the checkfree managers they really don't know how to run the teams or have no technical knowledge. They just setup up meeting with team members and say he said this about the way it work and you saying something different way of... — read more 

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| 1670 views | | 6 replies (last January 27, 2021)
Post ID: @OP+1967Uzju

Fiserv

Is the greatest fintech in the world by a mile !!!

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| 1590 views | | 6 replies (last January 28, 2021)
Post ID: @OP+192obSnN

Looking to work at Fiserv?

Don’t. Been here 6 years, stellar reviews, do everything that I’m asked to do and am a, if not the, top performer on my team. What have I gotten from my efforts? Zero promotions, 2% raises across the board max, and no bonus. Additional work &... — read more 

Is this true?

I heard there are serious discussions around selling off the remaining Lincoln buildings. Doesn't surprise me given the realized cost savings - the more important question is whether they will allow impacted individuals to continue WFH or whether... — read more 

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| 1650 views | | 5 replies (last January 27, 2021)
Post ID: @OP+191OVvaQ

So disappointed to see what's been going on

I've been gone for a while and stopped by to see how things were these days at Fiserv. It breaks my heart to see that not only has nothing improved, things seem to have gotten exponentially worse (at least judging by posts here.) I know it's hard to... — read more 

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| 1690 views | | 6 replies (last January 20, 2021)
Post ID: @OP+18Zcqeud

Back to Layoff Discussions

We have had a year plus of editorial opinions and comments - seems calming down now so let's return this board to layoffs and office closures as it should be. Everyone has made a point.

How much did you actually grow in Fiserv?

The other day I was talking to a former colleague who quit before the pandemic because he could no longer stand the atmosphere. He was a really good and hard worker with a lot of experience and found a similar job very quickly. He says that while... — read more 

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| 2200 views | | 9 replies (last January 21, 2021)
Post ID: @OP+18V6Rt2c

If I was younger I'd be on my way out

I've been here for three decades and unless they lay me off this is where I'll retire. I'm too old to start again unless I have to. But if I was younger, if this was just the start of my career I'd be out of here yesterday. This is not the same... — read more 

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| 2010 views | | 9 replies (last January 18, 2021)
Post ID: @OP+18UMEt5G

Serious question

Sorry, this is not about layoffs but I have a serious question. With pretty much everything being First Data now (software, people, processes, etc.), why did they not change the name to First Data? I'm not asking this tongue in cheek, I'm really... — read more 

I left a job for this

A year ago I left my job for better opportunities and thought Fiserv would provide me with the room I needed to grow my skillset and advance my career. What a huge mistake I’ve made. Mildly put, I now regret it. I’m not going to ridicule this company... — read more 

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| 2220 views | | 7 replies (last January 10, 2021)
Post ID: @OP+18Ls7W0u

Stock discount

While fiserv gutted the employee stock purchase program, what they kept is restricted stock for your bosses. Restricted stock(RSU’s) are shares that they receive that cost them 0 to execute. Meaning their discount is 100%. Free shares to the... — read more 

2021

I see tremendous growth potential this year. Leaders with poor skills have been removed and shady behavior is being addressed. Folks, give this place a chance, there is a great opportunity here

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