Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

Burning furniture

Tommy Boys big joke when Fiserv bought FD was that they were burning furniture to stay warm. Meaning that debt was causing them to cut costs so deeply it was a major burden to operations. Well who’s burning furniture now? Is it possible to right... — read more 

"Acquisition"

Merger? Acquisition? A little over a year later and we now know that this was neither. This was an overthrow, this was a coup

Actions prior to May

Any rumblings on reductions prior to the earnings announcement. Fiserv is going to need to make a big splash

Arizona

Why was one side of the building sent home? Did someone get sick?

Agile coaches

Is there still an investment in agile “coaches”? Literally millions of dollars of shareholder money has been spent leading to budget overruns and the firing of long term associates to cover the gap. Ask about it in your next town hall. And ask why... — read more 

Book? uh-huh

Jeff is going to have a book written about him alright. It's going to be called "The man who destroyed Fiserv"

CLARITY

Another loathsome time waster is clarity. Anyone else having to do this task brought over by OFD?

Earnings call

Will the earnings call impact layoffs? Meaning do they wait until after to take action to hide those numbers?

A small note:

As you're being laid off from Fiserv, be certain to double-check and read all of the paperwork thoroughly! They will try to screw you over on your way out, especially by forcing you to shift to arbitration-only and to promise not to sue them for any... — read more 

Covid-19 All Hands

Anyone else feel like these weekly Covid-19 All Hands from leadership mirror the daily WH "Press Briefings"? All propaganda and failure to really answer the questions around layoffs and general direction. There's no real sense of comfort to the... — read more 

Proxy Vote

FB And JY will have a negative vote from me, not sure if they can search using my control number and retaliate by terminating..

Salary

Jeff’’s 2019 salary was $27 million. Thanks for the lay-off jackass

Revenue guidance

Jeff is likely regretting upping the revenue guidance alongside the synergy numbers. Synergy will be hit easily by the New York gang. Revenue is going to be a problem Which can only mean more cuts to compensate From the beach and boats in... — read more 

Paid

https://www.usatoday.com/story/money/2018/12/21/highest-paid-ceos-2018/38756663/ 2018, a year before the merger

Layoffs on 4/1

This board said more layoffs occurred on 4/1. Any info on what business units? Was electronic payment affected?

Merger dumbest move for Fiserv? More layoffs ahead

Looking in the rear view mirror, had Fiserv not done this merger (I will not call it an acquisition) they would have been better off. OFD had a ton of debt, global presence and a focus on merchant payments. All bad at the moment. OFS would... — read more 

Great news on 401k

Fiserv has delayed moving the vanguard 401k. So if you were fired in February or March you can roll it over wherever you choose

This company is low.

Let’s talk about severance. I was laid off 21 days before my 10 year anniversary with the company. They decided to pay me out only 9 years because I didn’t hit the 10 year mark yet. 21 days!!!!

FISERV board is going to hell

Gee, I have an opinion. Gee, I think that so and so is bad. Gee you make no sense. Gee, I like Fiserv but am worried. Gee Gee....... Nobody posts facts anymore, just c-ap about this and that and I hear from more time about the Malibu house... — read more 

FISERV - Advance your career

On linkedin.com - big advertisement for new hires. Woman says it is her dream job. LOL - how little people really know - ought to research the place first.

Essential Business

Federal Government has indentured Fiserv as an ESSENTIAL BUSINESS. Meaning we must do what we can to show up to work and do our jobs even if a state or local government dictates a stay home edict. ... — read more 

On Contract employee

Have not heard any news for this class of vulnerable workers. Any news dear audience?

MOST ADMIRED COMPANY for 2020

Somehow they did it again, and we are only 3 months into 2020 - look at the totality of comments here and OMG is that a farce of a distinction.

Work from home rotation policy

Why company is asking 50% of employees to work from office? This is pandameic situation and management wants thier employees to come to office. This is absolutely risky decision.

Gobble, Gobble

https://biztimes.com/fiserv-acquires-austin-based-enterprise-point-of-sale-management-company/

Learning

Many a "boss" at FD could learn something from this - https://www.youtube.com/watch?v=LrVNTZ6ORm8

Over 40 and got your notice? Be sure to ask for...

Are you over 40 and got laid off? Getting a severance? Under Federal Law the Older Workers Benefit Protection Act (OWBPA), which is a part of the Age Discrimination in Employment Act (ADEA) requires they tell you in writing: The reason you were... — read more 

Dublin office

With the Ohio rule limiting gatherings of more than 100, will the Dublin office be totally remote now

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