It’s hard to pick the worst part of working at Fiserv these days. It could be the clueless leadership or the garbage pay. Maybe the zero appreciation or how management dodges accountability. Then there’s the dead-end career paths and terrible... — read more
fIg
How do I know if I am under FIG? Have never even heard of this
Any substantial evidence to support upcoming RIF
So many rumors flying around here and in the office. Can anyone who’s heard something legitimate say something about this alleged reaping set to happen early next week?
Mediocrity is the standard
I hate what Fiserv has turned into. Mediocrity at its finest. I can’t even blame anyone for phoning it in. Why strive to be a high performer when it means absolutely nothing here? Many have just stopped trying, and I don’t blame them one bit. This... — read more
Quiet today
Guess the rumors were just that. lOl
Good luck today
Let us know how you fair today
Rifs
So everyone enjoys gossiping what will happen and drama. But. Does anyone have real rif numbers this year or reason/count of what happened?
RTO drives the talent away
People who can easily find a job elsewhere simply leave. That’s one of the consequences of the RTO as the wholesale attrition scheme. And those are the people that we actually need. Not that the C-suite cares about retaining talent or anything. — read more
RIF today?
What you hearing?
Unionisation is the only way
Unionise, unionise, unionise, it’s the only way. Big corporations have fed us cr-p for decades about the big bad unions, purely to make it easier to exploit their workers. Look at the Boeing engineers, they made a plan to build savings and schedule... — read more
Leadership is out of touch with reality
I don't know of another company (and I've worked for quite a few) where leadership is so out of touch with employees and what they do or to be more precise, what they can do. The things they expect versus the things that are realistic are... — read more
Whats going on at Clover?
I heard there have been major shifts in the orgs in the past few weeks - whats been going on?
Rif
Is the rif for all orgs?
Severance Package for RIFs
Since it seems another purge is coming... what's a typical severance package look like in these parts? Any chance of accelerated vesting?
If RIFs are around the corner
I say bring it on. I can’t stand working here anymore. I hope they push me out with some pocket money, and I finally do myself a favor by finding another job.
November December rif coming
Fig RIFs are being planned in the next few weeks. upper mgmt is driving it. They are using reports to make decisions—sapience, badge, too many r&rs. Buckle up.
Sapience and Badge Swipes
Has anyone heard of an employee getting fired or reprimanded for not meeting the sapience or badge swipes mandates? I've only seen people get warnings.
RIF
What's the latest on the next RIF?
DNA meeting
KB, since clearly you are reading this.. have some compassion. Yes, companies monitor their employees productivity, that’s not new and we’re not surprised. But, saying “we’ll work 40, 50, 60, 70, 80 hours…. it is what it is” Really? In the same... — read more
Sapience is a joke
Crazy being tracked by a system that is grossly inaccurate. Thanks for not tracking all of my meetings and making it look like I only worked 6.6 hours
I shouldn't have joined
I was promised all these great benefits, but most of them never came through. On top of that, I realized the pay is way lower than the industry standard. It’s frustrating being underpaid and undervalued after all the promises they made. I made a... — read more
I’m taking it very easy
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