While looking for another job. Paranoid companies simply cannot be taken seriously.
Sapience
How y'all holding up?
New company mandate with sapience
There's a new company mandate that the sapience tracking tool is now requiring 8 hours of productive time. If you get up to use the rest room make a cup of coffee you have to make up for that time. Higher ups are now pulling reports on a weekly basis... — read more
Gaslighting 101
I left Fiserv a few weeks ago for a $20k salary increase and fully remote position at one of their largest clients. The Fiserv culture is NOT normal. Doing the full time job of 2+ people is NOT normal. Being watched (Sapience) and tracked (badge... — read more
Sap Tool
Anyone feel this tool is not accurate? I've never been tracked before and want to do a good job. I always get my work done and have high remarks from my manager. But very worried how to work in this environment. Taking a toll on my mental health... — read more
I’m remote and worried
Given all the reports about layoffs a week ago and general trends, I can only assume that there’s no bright future for me here. Q for other remote colleagues: if you are looking for other opportunities, how often or if at all you come across remote... — read more
Morale
The beatings will continue until morale improves... or until FB leaves or is arrested.
Stock prices vs worload
Why is it that Fiserv brags about all time high stock prices yet is brutallly flogging all employees? What do they expect?
Fiserv Layoffs 2025
This thread is for info about potential Fiserv layoffs? Any chatter, news or rumors?
Badge Reports and Sapience
The next round of layoffs will be driven by badge reports and sapience. Per manahement, badge reports must show 9+ hours per day or you will be fired. The daily average needs to show at least 9 hours per day. If there is not enough work shown in... — read more
November and December are going to su-k
The push for sales and impact revenue are going to make these last 2 months brutal. You can already see everybody in legal and pricing is overwhelmed. You're getting incorrect responses because nobody can keep the different opportunities straight... — read more
Any word on October RIFs?
Just curious
What does everyone think of HCL now that we have had over two years of Service
Just looking for feedback on how everyone feels about HCL and the services they are providing. I won't comment, I'll leave it up to everyone else to supply the answers. It's obvouse they outsourced to cost cutting, just want to know if everyone else... — read more
So much frustration between associates
This artificial worker shortage is making the office Miserable. Everyone yelling at everyone else every day on email and teams and meetings. People don’t have bandwidth to do their jobs and getting sloppy, plus everyone trying to borrow resources or... — read more
The rich (and morally bankrupt) get richer
To quote an April 2024 article on Payments Dive: "Fiserv CEO compensation rose last year to $28M...Compensation for Fiserv CEO Frank Bisignano climbed 57% over 2022, as the value of stock awarded to him surged and he received a $3 million cash... — read more
Let the guilt go
Don't let the guilt of leaving your teammates high and dry keep you in a bad environment. There is no ROI on your employment. Why stay to watch your hard work go down the drain as the company refuses to properly staff itself in order to support your... — read more
Look for a new job while you still have one
Update your resume, search for your ideal job on LinkedIn, and make your profile open to inquiries from recruiters. Looking for a job while you already have one greatly reduces not only the stress of looking but will also ensure you don't settle for... — read more
What's behind the layoffs and stock buybacks?
If it's good enough for Verizon, Walmart, AT&T, Meta, Home Depot, Intel, Comcast, Walt Disney, Visa, Capital One Financial, Lockheed Martin, Amazon, Lowe's, United Parcel Service (UPS), and Texas Instruments... Fiserv is probably using the same tax... — read more
So many vague rumors
Does anybody have any concrete info on the next round of layoffs? Anything outside of the always-present "layoffs are coming?"
Why so many in New York?
I don't understand.....I get far exceeds rating and "merit" far less than inflation yet every quarterly town hall I get to watch the camera span to everyone that traveled to new york while told we need to travel less. Very few promotions, not many... — read more
WFH?
Why was WFH mentioned in the Global Huddle? Is it being taken away?
Advancement is a joke here
Wow, it’s been absolutely great to see the shittiest, most toxic managers and leaders who are not meeting their departmental goals at Fiserv announce their September promotions on LinkedIn, while the people who actually deserve them get nothing... — read more
Latest Promotion we all received
Now we have been promoted to "custodial staff". What a great company!
Stock Price Got Your Tongue?
Rocket Ship!
Dublin
What has happened to the Dublin office I thought this was a major hub for Fiserv. Also do you see job growth steady in 2925
I don't expect another major round of layoffs any time soon
Instead, what I've been noticing are ongoing small layoffs that are likely to continue. A person here and there, this team getting trimmed this month, a project getting canceled the next... Stuff like that. Ask around if you haven't noticed this... — read more
Business Ethics and Dysfunction
I was reading recently about ethics in business where elevating profit as an exclusive endeavor above employee well being creates a significant amount of chaos and dysfunction in an organization. We all know that profit is necessary and the outcome... — read more
Why?
What was the post about Shilly being gone removed?
Stock Gains Won’t Last—Major Operational Issues Lurking Beneath the Surface
Despite recent stock gains, the stock price does not reflect the serious operational issues beneath the surface. With revenue tied to long-term contracts and lengthy sales cycles, the company’s fundamentals are weakening. Key Issues: Flat Revenue... — read more
Microsoft exec reassures staff there’s no plan for Amazon-style RTO
Dear Dinosaurs on the 1 Broadway Team: https://finance.yahoo.com/news/microsoft-exec-tells-staff-won-130313049.html Be the future. Be innovative. Be leaders young people aspire to follow. It's never too late to change. Admitting mistakes earns... — read more
I’m finally quitting
I became too complacent, but also increasingly dissatisfied, frustrated, and anxious. Constant looming threat of layoffs didn’t help me feel any better. Yet I was somehow glued to this forsaken place. Scared of change, probably, and of possible... — read more
Forum 2024
If you’re here in Vegas this week, share your thoughts and comments.
Tax fraud?
See link below for more detailed information but let us not forget that time when Phil Murphy announced BH becoming the new Fiserv Hub where 2,000 jobs would be added and $105,000,000 would be invested into improving the site. Turns out this wasn't... — read more
Only one more week to FREEDOM!
I found another job and quit: no more badge reports no more Sapience no more reporting my time to my boss in addition to Clarity timesheets, badge reports, and Sapience no more going into an office no more schedule inflexibility no more... — read more
Whiplash anyone!
Let’s see, Fiserv buys First Date. Then there’s a good old-fashioned coup. The new leadership (FRANK) is a surprise to everyone. There is a slight honeymoon phase before, much like any abusive relationship, the beating begin. Office is... — read more
FB selling shares
Has the rocket burned out? https://www.tradingview.com/news/tradingview:821f0bb2e3181:0-fiserv-chairman-frank-bisignano-sells-145-000-shares/
Wish I was brave enough to quit
It's not that I hate my job. I love what I do, but I hate who I do it for. I'm at the point where I'm actually looking forward to getting canned. I’m too chicken to quit, but at the same time, if I get laid off, it’ll feel like being released from... — read more
1 in 5 CEOs is a Psychopath
https://www.independent.co.uk/news/world/australasia/psychopaths-ceos-study-statistics-one-in-five-psychopathic-traits-a7251251.html
After voice survey.. firing will start!!!!
20 is last date of voice survey. Again cost cutting is going to start.