Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

Is account processing now dead?

I heard today that we will no longer have updates from the AP team, are they all gone with the departure of A.Dr@ke?

More Layoffs

I know two people laid off today. 2 week notice and full severance per the policy. There was an earlier post by someone who did not get severance after 12 years. Wonder what the real reason was for that.

Issues are piling up

Given that the issues are just piling up here, what can we conclude except that the surveys do not have any special purpose when it comes to improving the environment here? So why do we still waste time on them?

Changes to the RTO policy?

If FB cares about the low scores he will undoubtedly receive from the "Your Voice" surveys, maybe he will soften his stance on the current RTO policy! Hey, at least I can dream!!! NONE of the OFS people in the Bkfld building want to go to the new... — read more 

Fiserv Culture

Having the mentality described in this article in the year of 2023 is depressing. How do leaders not see this!?!? Morale has never been worse at... — read more 

Surveys results

Anyone can indulge us by letting us know what the survey results are?

Are new cuts really needed?

If this is the only way for Fiserv to make numbers, then there is no longer any hope that the company will improve.

CEO Approval (or in this case, Disapproval)

According to Glassdoor the average CEO approval rating is 67%. The top 100 CEOs of large companies are all in the 90% range. Frank is currently sitting at 41%, based on thousands of reviews. How anyone can believe this guy is a capable leader... — read more 

Laid off today

Well, there goes 12 years of loyalty. I also got no severance so foe those thinking a severance package is guaranteed, think again.

Layoffs

I haven’t heard of any layoffs during the end of June, are these still occurring?

Promotional increases

Someone mentioned it in one of the posts below and so now I'm wondering what percentage of all promotions that happen are actually without increases. Any guesses? My friend left not long after he was promoted precisely because he was only given... — read more 

Stock Engineering

I don’t know a single Fiserv employee who owns this piece of sh-t. Frank spent 18 months of his life to engineer the stock and move FISV to a friendlier exchange where all his market makers buddies are located. Just to increase his net worth! The... — read more 

“I’m not technical”? - in a FinTech company?

Fiserv is unable to support their clients. Too many people in management are just sitting around waiting to retire or be laid off. Whatever comes first. I was working with PMs, Managers, VPs, and Product Managers that would get out of work or... — read more 

Supreme Court

The news reports say that after yesterday’s affirmative action decision there could be a trickle down effect to businesses and perhaps more lawsuits using this decision as precedent. In other words, hiring practices based on anything but merit are in... — read more 

Your voice surveys results are in

Ready? 55% Worst survey results ever! I am confident the stupid exec leadership lead by Frank will blame the middle managers. Thoughts?

Sapience buddy

I am with the DNA group and just got Sapience installed. My productivity decreased by at least 40% as my system is so slow now. After putting an 8 hr shift, I will not give this sh---y Frank a min more, Sapience showed I was only online for 2 hours... — read more 

Actually doing several jobs?

I never evaded taking on more work, as long as it was a reasonable amount of additional workload, because I wanted to expand my skills, I wanted to progress. However, Fiserv started taking advantage of that and a lot of us now do several jobs here... — read more 

You will never feel safer under this regime

I started at Fiserv over a decade ago. When I got here I was elated, and I very much wanted to retire here. The company was not only stable but cared for its employees, and the benefits were good. No, it wasn’t perfect, leadership then had their... — read more 

Thinking

A lot of you should seek employment elsewhere. If you don’t want to back this leadership and ride this rocket to $250 why stay. I know the OFS Ohio folks can’t find equitable pay but what’s up with the rest of you

College World Series (CWS)

For years, First Data had many corporate seats at the CWS and was generous with them. There were some reserved for entertaining clients but there were still plenty left to share with employees. They were often used as rewards and sometimes just... — read more 

Closing Canada Call Center

I heard a rumor today that they are closing the Canada call center very soon and that some people have already been let go. I haven't been able to get straight answers out of anyone. Just that they have "been made aware of changes that are going to... — read more 

Everyone is looking to leave

Fiserv has been ruined by the leadership. Look around you, is there anyone who isn't trying to get out of here? Even those who seem comfortable are looking for a way out.

I'm so done with this place

I'm the id--t who kept hoping things would improve because it can't stay this bad forever. I was right that things can't stay this bad. I was wrong in thinking things would improve. Things changed but for the worse. I didn't think it was possible... — read more 

Glassdoor reviews

It is really crazy to see how many "reviews" are constantly left on glassdoor for fiserv. Everytime theres a review that I would classify as sounding like it was from someone who actually works here (ie negative reviews) it immediately is buried by a... — read more 

Termination letters - follow-up

You asked the following: Are banks termination letters specific to a core? No, banks want to terminate business relationships with Fiserv. A poster corrected me and he/she is right. Not 3 per month, it is about 3 to 4 per core. The termination due... — read more 

Apply apply apply

I’ve heard FIS and Jack Henry aren’t much better than Fiserv so I’ll be using my Fiserv holiday to apply to other jobs outside of this industry. Don’t think for one minute your skills are only applicable to fintech. We are all WAY more valuable than... — read more 

Termination letters

You may not know this. Fiserv is receiving about two to three banking termination letters a month, and clients have no issues paying the penalty. They are fine with the fee. They want out. Before Frank, this was unheard of , but if it happened , we... — read more 

Forum - follow up

The 10% of core banking customers who attended, many have shared their feedback with me: no energy, a speaker who ran IBM to the ground was hired to speak? no vision from Fiserv, Frank and his leadership appeared not liking being there. Frank no... — read more 

Ransomware attack?

I am hearing that Fiserv has had a ransomware attack via Moveit. Can anyone confirm?

125k per year

6 figure salary to work from the office 4 days/week, 1 day I am allowed to work from wherever. I spend my time in the office playing wack-a-wallpaper. When I first logon I change it from whatever propaganda 'they' are pushing to something more... — read more 

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