Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

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What other companies are people applying to that provides remote work?

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| 1060 views | | 4 replies (last November 21, 2024)
Post ID: @OP+1vBAQzC5

I don't feel like it's over

I thought I'd feel some great relief once Wednesday was done, but I don't. There's still a knot in my stomach and a pressure in my chest and I still can't sleep. I can't trust anybody who says it's over because we've been burnt so many times. I know... — read more 

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| 1880 views | | 8 replies (last November 21, 2024)
Post ID: @OP+1vB5vn2g

@Confirmed_Souces_Say

Do you even work here or are you just naive. Layoff was not performance based just like pay/merit is not. Zero reward for performance so why would lay offs be based on performance. When VP level managers don't even get a chance to help guide these... — read more 

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| 1600 views | | 9 replies (last November 22, 2024)
Post ID: @OP+1vB8r3sy

When NOzT to sign your severance package

you intend to sue your employer after your termination The severance package is not sufficient, you do not have legal representation, it would unduly restrict your professional future, and you do not fully understand the agreement. — read more 

by
| 970 views | | 2 replies (last November 21, 2024)
Post ID: @OP+1vBKTOcp

Layoffs will continue next week?

Is this true? Through next Wednesday, I'm hearing. Since I looked two hours ago it's gone from 731 to 736 fired in the US. Sorry to bear bad news but you're not safe yet. Good luck to everyone.

Frank looks soo tired

Looks like the energy was su-ked out of him at the latest locker room. How inspiring!

by
| 850 views | | 2 replies (last November 22, 2024)
Post ID: @OP+1vAVNGAy

Locker Room

Remember, about 7% of our fellow staff have been let go in the last 48hrs. The week before Thanksgiving, and the month before Christmas. But Frank thought it important to spend $150k-$200k to bring Michael Phelps in to talk. Nearly half a million... — read more 

Gross

The amount wasted on Deion and Phelps could have saved at least 3 jobs. Disgusting.

by
| 1190 views | | 9 replies (last November 22, 2024)
Post ID: @OP+1vAArR6g

Fiserv

Got laid off yesterday with 3 other members of my team, 2 were done in April (that was a secret layoff).

by
| 600 views | | no replies yet
Post ID: @OP+1vAF06QH

The Leader

The guy at the top is the problem. He comes from an era in the banking industry when pens were on chains and executives believed that all tellers stole money from the drawer. The distrust of employees was engrained in their thinking and probably... — read more 

by
| 1210 views | | 3 replies (last November 20, 2024)
Post ID: @OP+1vANGDlQ

Recently Impacted in a Downsizing Event

As a newer associate, the environment at Fiserv is toxic and abusive. Hundreds of people on leaves mostly due to stress from the bullying. Always feeling threatened and live silently in fear of the layoffs. Those who have been around a long time... — read more 

by
| 1750 views | | 4 replies (last November 26, 2024)
Post ID: @OP+1vAL54w1

Is the bulk of it over?

I'm hoping that the majority of the affected employees have already been notified and all that's left for Wednesday is to reach out to those who were not available for whatever reason (PTO, sick leave, or whatever other reason). What are the chances... — read more 

by
| 1520 views | | 1 reply (November 20, 2024)
Post ID: @OP+1vACPjAj

....What NOT to say

I know everyone is trying to be "positive" or what have you - but it is a tad rude and insensitive to tell people who just lost their jobs right before the holidays. offered a pi-s poor severance that "the grass is greener" and you are better... — read more 

Good luck former Fiservants

What a POS company. Get out while you can. They don’t care about you. Was looking at new roles anyways so at least I’ll get paid to search now. My old team is down to 4 people now each doing the work of 3+ lol. What a joke of a company. — read more 

by
| 1180 views | | 2 replies (last November 20, 2024)
Post ID: @OP+1vz0TlNm

Best of luck

Best of luck to the ones who are gone. From what I hear the grass is greener. You are all very marketable. You have great skills to sell another company with better pay and benefits. Hold your heads high.

by
| 560 views | | 2 replies (last November 20, 2024)
Post ID: @OP+1vz5CDF0

Office Hours, Sapience and PTO are the factors

It might be different for each team and department but for my team, the factors were, not logging in the required 6-8 hrs in the office, Sapience data showing very low numbers, and high number of PTO days (even though they have unlimited PTO)

by
| 2090 views | | 9 replies (last November 20, 2024)
Post ID: @OP+1vznYOXg

RIFs just made me work less

Long time OFD employee here. Went through probably 20 rounds of layoffs during my 20 years at OFD. Last 5 years with FB at the helm. I can tell you my work ethic got worse after every round of layoffs. You are only a # to them. They give zero... — read more 

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| 1040 views | | no replies yet
Post ID: @OP+1vzeBVZc

Four senior-level ICs

The four people I know from yesterday’s bl—d bath were long-term, high-level performers, all in design. Great people, well liked, excellent performers. I imagine it was a cost-cutting measure? Pitiful. Never forget that Frank and the other stuffed... — read more 

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| 2010 views | | 5 replies (last November 19, 2024)
Post ID: @OP+1vzejzJ1

How do we continue

I am in an office which of course was supposed to be safe and I get RIFS are somewhat common. But how do you continue down your career path without that thing in the back of your head that the work you do no matter the hours spent giving it your all... — read more 

Holiday Season is upon us

And of course Fiserv is laying off people. This company cares little for its Clients and less for their employees. We are all expendable. Sad.

by
| 850 views | | 1 reply (November 19, 2024)
Post ID: @OP+1vzVsaWJ

Associates in the Analyst Program

Anyone know if they are they laying off employees who are apart of the analyst program (recent college graduate rotations)?

by
| 1070 views | | 3 replies (last November 21, 2024)
Post ID: @OP+1vznynB4

You were informed here...

There was plenty of notice given by folks in the know that a RIF globally would be executed Monday through Wednesday though this last day was an acceleration of the FGS plans that wee supposed to place on 11/25. The US should be fully wrapped up by... — read more 

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| 2070 views | | 6 replies (last November 19, 2024)
Post ID: @OP+1vzfeIHz

Does it Really Matter to comply?

I worked out of the BH office and I did everything right. I came in, stayed 8+ hours, sapience numbers were good, never went out for lunch and always got food from the awful cafeteria food, dealt with limited bathroom stalls to support 100s of... — read more 

by
| 1700 views | | 3 replies (last November 19, 2024)
Post ID: @OP+1vzJCKOJ

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