The Core Shifts Shaping 2030 • The "Agentic" Economy & Autonomous Work • By 2030, AI will likely transition from conversational assistants to autonomous agents capable of managing end-to-end business workflows. • The focus of layoffs today... — read more
Honest Question
I see so many posts on LinkedIn with the hashtag #FISVProud. How proud are people really? Or is it just a way to gain visibility and get noticed by executive leadership? Sometimes, I wonder whether these posts reflect genuine pride in the company or... — read more
This place is doomed - layoffs and nothing else
Do not waste your time and effort here - do not shed your blood and sweat - those minting gold and diamonds at the top have only job to do and that is to save their own a*s by firing hard working associates over and over - they are going to do this... — read more
Share your looming layoffs insights/observations
While I don't expect direct/first-hand knowledge shared here, I wanted to see if others have more concrete examples of potential upcoming layoffs beyond just speculation and "I heard..." echo chambers. As for me, I know of one VP whose calendar is... — read more
APAC
Some serious questions have to be asked
What is the current attrition rate?
It feels like every day somebody else quits.
Who makes the layoff list
I'm a Director (level 13) and have had absolutely no inclusion/participation in anything RIF/layoff related. Weeks ago were asked by our VP boss to give very brief rundown of what each of our direct reports was working on. That was it. I don't know... — read more
Another lawsuit
Bet Fiserv isn’t laying off any lawyers https://www.cutoday.info/Fresh-Today/First-Bank-Joins-9-Credit-Unions-In-Legal-Fight-Against-Fiserv-Over-Cybersecurity
HELP
Strategy Framework: How You Should Handle This If your goal is to exit the company with financial support rather than transitioning to a temporary agency, use this step-by-step plan: Phase 1: Review Existing Agreements • Check your original... — read more
.....SUE.......
If this is directly happening to you or an engineering team you work with, let me know: • Are they being transferred to a global tech vendor/consulting firm (like Infinite, Cognizant, or Infosys), or a standard local temporary staffing agency? • Have... — read more
....Know Your RIGHTS
Moving dedicated, long-term employees into temporary or independent contractor status after decades of service is a highly contentious issue that crosses severe legal boundaries. It is often a direct violation of federal and state laws.
It's coming down river...
30k employees by Nov. 20th... ;_)
Laying off people with years of experience and institutional knowledge is ki-ling us
The people we would depend upon to help us make informed decisions about our particular BU are no longer here. Internal processes keep breaking down. This company keeps laying off experienced staff with the assumption we can just simply absorb their... — read more
HIRE ACT
https://www.thelayoff.com/post/@OP+1m4ymkqw4
Just layed off - Sunnyvale
See you all next time.
Guardrails for AI?
Have you been asked to use AI on everything? Mine has threaten my job if I don't use AI. I use it absolutely when necessary. My question is, does anyone on here actually help build build the guardrails or are we going to the next Hugging face... — read more
Goodbye and welcome to fiserv!
Anyone else get laid off and less than a month later get an email from HR offering a chance at a similar role? I'm guessing the similar role will pay less, probably not come with your seniority since you've been gone a month. And since you're on a... — read more
Are layoffs ever announced internally? And does anyone get notice the reductions are finished?
For as long as I've been with Fiserv they have never disclosed they are doing layoffs, even at my team level. I only know about them from hearsay from my boss or rumors from other co-workers or this site. I wonder if that's the case everywhere else... — read more
ML Believes in Truist, but not Fiserv
SEC reports acknowledge that he purchased $1,000,000 of Truist stock on the open market, with his own money. That's a CEO showing resolve! Compare that against what he purchased at Fiserv (hint: $0.00)
King of Prussia Layoffs
Has King of Prussia been or will be affected by the layoffs?
What’s happening with Marketing?
Its been over a year without a CMO.. plus there isnt much leadership in place.
Layoff Targets
Next round targets specific groups: If you are below meets expectations If you are on a pip If you average less than 3 days a week in office If you average less than 7 hours in office per in-office day If you are sole team employee at location If... — read more
Who's next?
So we're going to get the biggest wave of layoffs ever before the holidays ... what location is getting closed/hit the hardest. Let's take some votes. Consider it a Christmas Vacation that never ends!
Is the leadership doing anything to improve morale and retention?
It's like they don't care how bad things are. As long as they are getting paid, everything is perfectly fine in their world.
Er!c Nels0n CLO- Chief Lying Officer?
Mentioned how hard covid times were because we were all wfh and he needs to see his people face to face. Does he not know we can look his org up and clearly see 90% of his team is at other sites. It feels like we are constantly being fed bullsh-t and... — read more
Messed up in front of my manager
And it wasn't a small thing, either. My manager already didn't like me, so I'm not sure if I should even try to recover or if I should start looking right away. Was anybody in a similar situation? What did you do?
Just give me my severance
All I want is my severance....I am not interested in staying. I will do my best while I am here but just cut me.
CEO
Takis is a placeholder until FB comes back.
Really though? Who is buying this BS anymore. This is the head of soft Dev who resigned because of breach...wake up shareholders
https://www.reuters.com/business/finance/indias-kotak-mahindra-banks-milind-nagnur-steps-down-coo-cto-2025-01-03/
US Suspends Infosys, TCS, Wipro, HCL, Cognizant From Green Card Programme; Alleges Visa Fraud
https://www.news18.com/amp/world/us-suspends-microsoft-infosys-tcs-wipro-cognizant-green-card-programme-over-h1b-abuse-10373451.html Fiserv is next ? May be.
The right thing to do, the Fiserv thing to do, and doing nothing.
Long-time employees have heard of, or even been involved in, one of the many attempts to consolidate platforms. Each and every project has been abandoned after smart people laid out the reasons why it can’t be done, at least to senior executives’... — read more
Another credit union has filed a substantive lawsuit against Fiserv
Marshall Community Credit Union (MCCU) filed suit against Fiserv Solutions and Fiserv Inc. on October 5 in the U.S. District Court for the Western District of Michigan. The federal docket confirms the new case, Marshall Community Credit Union v... — read more
Project Elevate Death March
Financial Solutions interim leadership (Andrew Gelb and Srini Krish) are confirming what the Street has been whispering since Jana Partners’ letter hit: the $500 million Project Elevate savings target is dead. The activist is pushing hard for $1.25... — read more
They have broken me
Long time high perming employee here. I have really, really tried to do an exceptional job, always going the extra mile, even in these tough times. I had hopes that things would eventually start looking up, but the Fiserv management team has... — read more
Can managers approve WFH for their team members?
I keep seeing that pop up in several threads, is that the case?
Ask Who Benefits From the Silence
Please scroll 👇 Thank you for scrolling.. needed to buy time before this one gets deleted…Layoffs.com moderation has gotten so heavy that I'm starting to think the C-suite has a Delete button and a golden parachute. Thinking about launching... — read more
Has Government Sales Team Quiet Quit or is Business Truly this Scarce?
I've noticed a pattern on our DRB calls where there are only 1 or 2 deals up for review out of a team of 35+ salespeople. Why such low numbers? Are government organizations simply not going to market or has the sales team QUIET QUIT? No one can... — read more