Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

Fiserv Stock - Odd - Artificial Inflation Maybe?

I’ve noticed a lot of news around the Fiserv Stock performance expectations. I have not seen this much advertising around this stock ever. It makes me a little nervous to see all this advertisement, and for all you Fiserv stock purchasers. Have you... — read more 

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| 980 views | | 4 replies (last February 13, 2020)
Post ID: @OP+13tENq47

John’s Creek

Is it true the JC data center is closing and being consolidated into another first data site ???? What is going on???

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| 1840 views | | 8 replies (last February 12, 2020)
Post ID: @OP+13s7tPev

Dublin office closure

Sounds like this will be announced March 15th. “Relocation” offers will be made to key people so they can work from an approved office location

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| 2490 views | | 4 replies (last March 16, 2020)
Post ID: @OP+13rQy0xk

Missed on earnings, layoffs to accelerate?

Looks like FISV fell a bit short on revenue and EPS, so I guess FB will be asking for another round of cuts. Thoughts? Maybe another reason why JY is bowing out?

Layoffs this week?

Has anyone else heard about lay-offs coming this Thursday in the electronic payments division? Trying to not have to pay out March bonuses ?????

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| 1910 views | | 8 replies (last February 4, 2020)
Post ID: @OP+13iVvffG

Control your own career

Fiserv is in a period where their only lever to grow stock price is to manage earnings (fire people). It will be random and without reason. So buy the stock, but don’t risk your career to people who neither know or care about your business. ... — read more 

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| 902 views | | no replies yet
Post ID: @OP+13gMhxIX

Heads up on firings

I have worked for this company for 15 years. I had never had a bad review, was never placed on a performance plan. New management from First data came in and fired 3 people from my group on the same day citing performance issues. When asked for... — read more 

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| 2060 views | | 4 replies (last January 27, 2020)
Post ID: @OP+138UvlGN

Fake job listings?

I was laid off a while back, and I like Fiserv so was looking for jobs that I could apply for to come back in. But every time I click on something that I get an alert for in job hunting sites it says it's expired? Are these real jobs or is Fiserv... — read more 

What's the Latest?

I don't work anywhere near an office so I am very far removed from any news or office morale that might be going on. Not much going on here does anyone have any updates on when layoffs might begin with ernest? Especially if you are remote?

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| 1370 views | | 4 replies (last January 24, 2020)
Post ID: @OP+130s7qTy

Why?

With regards to the current state of the company, why does a phrase from Office Space keep coming to mind? "thumbs up the asses, thumbs up the asses"

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| 504 views | | no replies yet
Post ID: @OP+130Hi9oa

20 more layoffs this week

Despite it being the holidays (Jewish, Christian and African American) there will be another 20 or so associates given their walking papers this coming week. There is a service center still running in Brookfield and they aren’t all taking vacation... — read more 

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| 1265 views | | no replies yet
Post ID: @OP+12D4ywsx

Guarantee HQ will move

https://biztimes.com/fiserv-headquarters-search-decision-early-2020/ “We will continue to view Milwaukee as one of our most important hubs,” Yabuki said. “We’re currently headquartered here (in the Milwaukee area) and we currently have no plans to... — read more 

Are they tracking mobile phones?

With all threads around tracking employee activity, are they even tracking mobile phones? What apps, calls, mobile browsing habits?

Draw your own conclusions

https://www.bloomberg.com/features/2018-palantir-peter-thiel/ https://www.cfoinnovation.com/technology/cautionary-tale-when-data-mining-and-analytics-went-wrong-at-jpmorgan

FirstData/Fiserv Medical Costs Different

So I sat through a benefits video that said HR had worked to 'unify' the benefits between First Data and Fiserv, so we all shared the same benefits going forward. Today I learned that Original First Data employee costs are a lot lower than the cost... — read more 

Fiserv Layoffs 2020

Make a prediction and tell us what you think about Fiserv Layoffs 2020? Any news or rumors?

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| 3670 views | | 8 replies (last February 28, 2020)
Post ID: @OP+125ftQY7

Nothing but epic mess

Wish I could do all "Not Agree" or "Strongly Disagree" on annual survey. There is no motivation to continue with this firm - it is not integration but dis-integration of original firm.

Expect a lot more reductions

Lets bee honest here - there is a lot of duplication now that both companies have combined. The first to go should always be at the top. Both companies are majorly top heavy. Way too many directors and Vice Presidents that are not necessary. Then the... — read more 

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| 1390 views | | 2 replies (last November 8, 2019)
Post ID: @OP+11Vqk40d

FDMS

I was employed by FDMS some years ago. I worked in HR in the Hagerstown office. I witnessed some of the most unethical, immoral, and illegal practices that I have ever seen. Although I refused to perform any of these ridiculous acts, I was asked not... — read more 

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| 1720 views | | 4 replies (last January 4, 2020)
Post ID: @OP+11VnXAjI

Will earnings accelerate layoffs?

Earnings will be announced in a few hours. My suspicion is that JY wants to announce better than expected results for the merger cost reductions, and will say that they're ahead of schedule. FB is in charge of this so guess what, more Fiserv... — read more 

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| 1483 views | | 3 replies (last November 7, 2019)
Post ID: @OP+11TL8No0

Gmail Blocked

Anyone notice gmail is a blocked website now?

USA vs the world

Does Fiserv have more employees in the USA or vs global? Just curious question, nothing against anyone outside USA.

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| 970 views | | 3 replies (last November 5, 2019)
Post ID: @OP+11PEcwU4

Regarding Remote positions

When KKR brought Frank Bisignano in as the CEO for First Data, the first reduction in force was the elimination of remote employees. If they were close to an office they had to go in. If they were not located close to an office they had to transfer... — read more 

They are gutting the place

Laid off on Wednesday. Decent severance package. I’ve noting they are not making anyone permanent where I work but they are keeping people on stretches. Essentially, paying them less to do a higher position. I have a feeling they will be cut too.

Major layoffs are just a matter of time

I think it is a good assumption that there will be many layoffs especially when it comes to card services. There is a lot of redundancy in that business unit since the Fiserv card service product (a FD product) was primarily used Internationally by... — read more 

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| 1910 views | | 5 replies (last October 22, 2019)
Post ID: @OP+11xHTtKa

Will this ever stop?

It seems like we find out about more cuts at Fiserv on a weekly (if not even daily) basis. When will it be enough?

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| 1440 views | | 3 replies (last October 14, 2019)
Post ID: @OP+11w5CpUw

Chicago Layoffs

6 abt two weeks ago then 5 yesterday 10/9. More to come. My many many years in financial services/operations has told me that these kinds of jobs don’t last nowadays.

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| 884 views | | 1 reply (October 10, 2019)
Post ID: @OP+11sHE2zL

Fiserv 2019-2020 Lay-off Info Thread

Please use this thread to post anything you know about what’s happening after the Fiserv/FD merger. Even if you’re venting, this too is fine. As of 9/26, approx 200 ppl have been laidoff in total. In ETG alone, it is rumored they are trying to... — read more 

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| 18370 views | | 51 replies (last February 6, 2020)
Post ID: @OP+11exFJqK

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