Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

Wellness alerts

I'm sure I'm not the only one who gets these messages but they always bring a chuckle to my face every time I get it. Fiserv actively promoting me to take time off. Just so I can have the anxiety and stress of having to come back to over 100 emails... — read more 

Outsourcing.......

Love everyone....but outsourcing United States financial systems jobs to India is a National Security crisis in the making. Does anyone understand how the financial sector is being hacked this much?

Here you never know when you might be laid off

Uncertainty is high and it is really difficult to work in such conditions when you don't know how much longer you will have a job. I wonder if this issue is equally present among competitors?

RIFed

I received a RIF notice today [US remote]. There will be a lot more with closures of small offices (like Chicago) and Fiserv's attempt to align any workers including remote to the big 5 - Berkeley Heights, Omaha, Alpharetta, Coral Springs, and... — read more 

I used to have high hopes for this place

I used to be one of those people who always had a positive outlook and truly believed that if you worked hard, success would come your way. But that's just not the case at Fiserv anymore. Here, it seems like no matter how hard you try and how much... — read more 

Remember Frank got 6%

Remember Frank got 6% raise on his 40 million dollar salary. You got 2-3. Why does he make 40 million compared to the Goldman Sach CEO who only makes 25 million with a 30 percent pay cut. Also. We let go how many employees and now we are hiring a... — read more 

Finally got my 2% merit increase

It only took 3 months and a bunch of asking. Wonderful that are overseers decide to finally let the cat out of the bag and give us our 1 to 3% merid increase. Worst kept secret of the company

I SEE THE LIGHT

I now think I see the plan....if you are pretending you are doing the work or taking credit for other peoples work...FB wants YOU GONE and they are drilling down to find you.

New Workforce Analytics Tool Being Deployed

So has everyone received the email, Workforce Analytics Tool/Deployment Underway? They even have a cute name for it, Sapience Buddy. You will have a Buddy dashboard to help you understand you personal work patterns. Your manager will have a... — read more 

I absolutely HATE this job

I guess I'm slowly getting to that cynical part of my career that you absolutely despise your job and role. All signs point to everything getting worse before things start climbing just a little bit. However I am thankful that I was able to find a... — read more 

Nepo-Babies

Uncle Frank family, just on payroll or leaders brought in from other companies (loyalists) all promoted, part of board less than 2 years in company very taken care of. Yet, associates whom earned their merits.. remain on the underserved list! When... — read more 

Leaving Fiserv for a startup

As much as I can't wait to leave this place, it still seems too risky for me to go work at a startup after Fiserv, although I see that there are many who decide to make such a move. When would you leave Fiserv for a startup, under what conditions? — read more 

Does Fiserv Have Money Problems?????

Notice Fiserv has started delaying every financial obligations to employees, except our paychecks. From HSA, Employee Stock purchase, now bonus and raises. Watch the 401k....What is going on???????

As We Start Work Think...

Exit Strategy......fill our day with happy thoughts as we are lying to clients..... welcome 0% raise with no bonus........

Chicago office closing 6/30

People informed today. No idea about what happens to their jobs. I guess it will be a combination of relocation, Remote and travel to Milwaukee

Scared to leave for a startup

I have been presented with a job opportunity from a startup. The role in question aligns quite well with my professional interests. Additionally, the company has offered a base salary that exceeds my current compensation package, but being a startup... — read more 

WHERE IS OUR MONEY

I dont understand. What is taking so long to pass out everyone's 1-2% merit increases and minor bonuses? We have people quitting so there is extra money available. How much longer are we supposed to pretend?

Last of the remotes to be RIF’d soon?

I’m hearing rumours again that those of us on the west coast who are still remote (offices are all closed) will be given the relocate or leave mandate as of May. Just wondering if anyone else has heard the same. Not overly concerned about it. ... — read more 

We are understaffed

I really don't know how the leadership thinks that understaffed teams can achieve good results and meet their expectations. I hoped that the problem of understaffing would be addressed because it's become impossible to work with so few... — read more 

Daily stand-up

I'll start. Wake up late Badge back in after lunch but then immediately leave and WFH Try really hard to keep code of conduct violations below detectable threshold Hose around an inordinate amount

Omaha?!

Why are there so many roles in Omaha all of a sudden? I checked a few weeks ago, I didn’t see many and now it’s on par with BH openings

Barely getting things done

Considering the amount of work and the ever increasing expectations, it's getting harder and harder for me to get things completed. How about you?

Don't manage to the small % please!

Most associates have and are complying with the "majority" policy. So a few observations. Stop pressuring beyond the majority" or change the policy. If someone is not coming the majority then deal with it but don't burden the rest of us... — read more 

History

Shilly, like Frank, pretends that the company began when Frank arrived. Fiserv was founded in 1984 and First Data in 1971. Practically EVEYRTHING each company offers was developed PRIOR to the merger and in most cases prior to Frank’s arrival at... — read more 

Layoffs incoming, possibly tomorrow in FTS.

We have been told by our management that as per PC, if you're assigned to an office, you need to be there tomorrow. Badge counts have been "low" across FTS and there have been talks about letting people go who are not meeting the requirement.

Payments/Card Services Leadership

Why are 90% of the workers in Berkeley Heights and 90% of the leadership in Chicago? We're constantly talking about costs and operational excellence yet the people running most of what is being worked are "remote" and an hour behind. Plus Fiserv is... — read more 

Lost Access to Company website And Enail Yesterday

Yesterday March 15th,2023 we lost access to the corporate website and Email. When we contacted the helpdesk we were told an incident had happened. Incidents don't happy on March 15th. An hour or so later we were able to log back in and work. ... — read more 

Horvath leaving Bank Solutions

Not surprising. Expecting more that rolled up under him to leave too. Surprised it took this long. Franks can now have a pair of his cronies take over that role.

Interest Rates on Bonds and Fiserv

SVB failed because most of their assets were in long term bonds. Because of the inverse relationship between interest rates and the value of a bond, the bonds lost value and the bank could no longer cover deposits. Rising interest rates leads me... — read more 

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