Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

What is the plan?

Reduce headcount with AI strategy. Move non-AI compatible IT jobs to India. Reduce real estate footprint by consolidating data centers and eliminating duplicative platforms. You won’t find words like develop, retain, or grow. Why do you still work... — read more 

Raise your hands

Raise your hands if you want to work here another 5 years, says the c-suite guy at Berkeley heights 40/5 event. Response: some raising of hands and crickets

Fiserv office visits

Any reason why one of the higher ups from GBS credit/risk is at Coral today?

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| 1460 views | | 7 replies (last September 26, 2024)
Post ID: @OP+1tLRdEan

Bye bye Datacenters.

Beware all Fiserv datacenter employees. Fiserv is shifting their data centers to a company called UFS. It’s going to start with the Brookfield DC, and will spread to others once complete.

Those who were laid off are the lucky ones

I'm betting you that all of them have new jobs by now in better companies and are much happier than they were here. Meanwhile, we're stuck here slowly sinking on this Titanic as things keep getting worse and worse in every possible way. I envy every... — read more 

Don’t pick up work after others

Why should any of us do that? Is there objective reason, any benefit, any extra pay? They’ll try to pit us against each other, just pretending that work performance will be a criteria during the next round of layoffs. As if being a dedicated high... — read more 

Misery

Our new corporate mantra.

Tired

Tired of hearing how great the company is doing while being told we need to do more with less people and not get paid for it. If you are lucky enough to get a bonus it’s usually mostly stock rolled out over 3 years. I’m not gaining from this double... — read more 

Why 5?

no one cares about 5. you know how many other businesses Fiserv swallowed up because they operated better than others? FirstData was not a merger. We bought them. We could because they had a giant security failure and their name was sullied. Sure FB... — read more 

1B feee cash 1.5B share repurchase

Tell me you care about your own stock portfolio and not employees without telling me. Yes employees are stock holders too but not the same percentage/ratio. How much good could 10% of that done for our distressed employees.

Core consolidation?

A client forwarded an email sent by an consultant that reads "Paladin has learned that Fiserv has definitive plans to consolidate all Fiserv Premier, Precision and Cleartouch clients onto a single (unnamed) platform in the next 18 – 24 months - don't... — read more 

Confidence job responsibilities capture

Who else thinks that the FIG confidence-based task of capturing our job responsibilities and tasks is really just insurance for fiserv so when they have mass layoffs later this year at some point they won’t be completely dead in the water. And the... — read more 

Crowdstrike/Y2k

Today’s events reminded me that during the Y2K frenzy, First Data basically patched all their date fields so that 2049 would essentially be the new 2000. The term “pivot year” was used to define the patch. Well, we’re half- to the pivot year and no... — read more 

This is how Fiserv leadership thinks

As long as these layoffs continue, Fiserv will be down to one last employee. Since all employees will all be in the same location, that employee will have infinite productivity! Somehow that is how this work. Now I will pat my self on the back for... — read more 

Failures.....

When CEOs decided to follow the Elon Musk approach in laying off and outsourcing....this is what you get.....massive outages. That same outsourced workforce is working for everyone including our enemies. As long as no one complains it is business... — read more 

Fiserv has a new strategy

They just pile on more work, offer constant criticism, and make sure that stress levels are as high as possible until you can't take it anymore and leave. It's absolute chaos at the office now. What they're doing at this point is pure abuse with the... — read more 

5 days a week announced next week?

Anybody know if the announcement will finally be made next week? Rumors are circulating, the company wallpaper is 40 and 5 and this guy is cosplaying as a football coach. I have a disturbing feeling next Wed will be the announcement.

Banking Clients

Just curious how are our banking clients doing today? I remember seeing we have lost several in the past year or two is this still happening?

Moving in the right direction FiservProud!

Chairman, President and Chief Executive Officer Frank Bisignano 40% approve of CEO up 8% this year! Glassdoor.... last time it was 32% approve he is moving on up!!! Keep going Frank!

Fake News of the Day

You all are safe and Fiserv is the leader in technology! Fiserv Proud 2024! Raises are coming and we really respect and love all of our associates!

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| 526 views | | no replies yet
Post ID: @OP+1txOjqAS

Toxic managers

Why is this company so toxic? The Singapore side is horrible as are some managers in the US. It’s really awful to be spoken to in a poor manner. Anyone else feeling this way?

AE's are getting Sapience

Looks like AE's are getting Sapience, an email went out today. We are work from the road so will be interesting to see how that translates into expectations. As expected a lot of unhappy people already.

Sugar Land

Does anyone know if the rumors are true about the Sugar Land office closing at the end of July?

Fiserv forum

Unsure how I feel about the idea of my company so directly in bed with politics. For fiserv to host the RNC this year I'm wondering what conversations took place for fiserv to place their name behind this event?

Big org changes?

Looks like there have been big changes in Merchant Solutions (GBS) org - whats going on?? and how did Jnn LeC*ir survive??

RTO

I am hoping someone can answer why those in offices are being scrutinized to be in the office daily and 8 hours, when 1/4 or so of Fiserv is remote and do not have to worry about this. It seems like discrimination!

Almost a year since I left, best decision I made

I left this company about a year ago as a software engineer and I can’t express how happy I am to have left this company. All of the posts are 100% accurate when it comes down to sapience, badge swiping, 9 hours in office per day etc. For those who... — read more 

What happened to GBS marketing?

Heard a hilarious story that they were all transferred in the middle of the night, without notice, from Jen to new CMO. Someone must have the scoop. To be a fly on those walls..

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| 736 views | | no replies yet
Post ID: @OP+1ts3XwrN

Poor Internet Connection In Office....

Come on now.....poor internet connection in office. Slow zmicrosoft word,excel etc....how to say Fiserv will be sold without saying it.......

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| 920 views | | 7 replies (last August 8, 2024)
Post ID: @OP+1tsYGSmw

CCO Layoffs Today

We were told about a 5% decrease in staffing within CCO. Multiple peers laid off even some at 15 years with company. Assuming this is bc call center LOBs moving to Vender sites.

Can’t stand working here anymore

I’ve been here for too long, and thinking about changing jobs for a while now. I’ve very little time to commit to scouting, and frankly, I’m both too exhausted and too scared to even start. I see here in the comments that experience with looking for... — read more 

Spyware besides Sapience

What other spyware does Fiserv use besides Sapience? I’m sure some of you have seen the pop up that lasts for a few a second or 2 that seems to be taking screenshots. Executives here don’t have the best track record of respecting privacy…any bright... — read more 

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