Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

The struggles of working at Fiserv

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 

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| 1540 views | | 4 replies (last November 18, 2024)
Post ID: @OP+1vyyE5Hv

fIg

How do I know if I am under FIG? Have never even heard of this

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| 1570 views | | 9 replies (last November 18, 2024)
Post ID: @OP+1vy5vVUY

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 

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| 1070 views | | 5 replies (last November 18, 2024)
Post ID: @OP+1vvHkQYB

Quiet today

Guess the rumors were just that. lOl

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| 1520 views | | 8 replies (last November 16, 2024)
Post ID: @OP+1vv8TYOX

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?

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| 1190 views | | 6 replies (last November 22, 2024)
Post ID: @OP+1vvf23Gx

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 

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| 1280 views | | 8 replies (last November 16, 2024)
Post ID: @OP+1vu2rJrf

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 

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| 1080 views | | 6 replies (last November 15, 2024)
Post ID: @OP+1vuwpubV

Whats going on at Clover?

I heard there have been major shifts in the orgs in the past few weeks - whats been going on?

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| 1240 views | | 3 replies (last November 14, 2024)
Post ID: @OP+1vux9uxi

Rif

Is the rif for all orgs?

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| 850 views | | 2 replies (last November 17, 2024)
Post ID: @OP+1vuLALaa

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?

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| 1150 views | | 5 replies (last November 14, 2024)
Post ID: @OP+1vt1AYuZ

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.

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| 780 views | | 4 replies (last November 23, 2024)
Post ID: @OP+1vtneNcm

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.

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| 1160 views | | 6 replies (last November 16, 2024)
Post ID: @OP+1vtIoCru

RIF

What's the latest on the next RIF?

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| 540 views | | 1 reply (November 13, 2024)
Post ID: @OP+1vtlSD5S

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 

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| 2240 views | | 14 replies (last November 21, 2024)
Post ID: @OP+1vsg5H71

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

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| 770 views | | 5 replies (last November 15, 2024)
Post ID: @OP+1vsCyHGq

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 

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| 1030 views | | 9 replies (last November 12, 2024)
Post ID: @OP+1vsgnZIo

Sapience

How y'all holding up?

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| 1230 views | | 7 replies (last November 10, 2024)
Post ID: @OP+1voXRT9q

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 

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| 1370 views | | 8 replies (last November 14, 2024)
Post ID: @OP+1vnRZt18

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 

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| 1030 views | | 9 replies (last November 15, 2024)
Post ID: @OP+1vnN8XEa

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 

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| 1660 views | | 8 replies (last November 12, 2024)
Post ID: @OP+1vmGtkkg

Morale

The beatings will continue until morale improves... or until FB leaves or is arrested.

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| 1160 views | | 6 replies (last November 15, 2024)
Post ID: @OP+1vkBeEHF

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?

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| 770 views | | 5 replies (last November 8, 2024)
Post ID: @OP+1vkdp5kk

Fiserv Layoffs 2025

This thread is for info about potential Fiserv layoffs? Any chatter, news or rumors?

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| 2310 views | | 9 replies (last January 13, 2025)
Post ID: @OP+1vjNeJco

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 

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| 4090 views | | 29 replies (last November 12, 2024)
Post ID: @OP+1vfNOemj

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 

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| 980 views | | 1 reply (November 13, 2024)
Post ID: @OP+1vf7uCW9

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 

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| 880 views | | 3 replies (last October 26, 2024)
Post ID: @OP+1vaWqZn9

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 

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| 650 views | | 4 replies (last October 25, 2024)
Post ID: @OP+1va3wrnK

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 

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| 534 views | | 3 replies (last October 31, 2024)
Post ID: @OP+1va6PdCv

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 

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| 910 views | | 4 replies (last October 31, 2024)
Post ID: @OP+1v8hAA4x

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