Hi All, Going anonymous as i am currently working with Fiserv India. Before 2020,i mean before the merger of FISERV and FIRSTDATA company it was one of the most coveted company to work for but since January 2020 they have started firing People on... — read more
Fiserv Is Testing AI To Replace Technical Staff
https://www.theatlantic.com/ideas/archive/2023/01/chatgpt-ai-economy-automation-jobs/672767/
Middle Managers....Are Managing Badly
I not sure is magement is degrading on purpose
Now I'm support?
I was asked this week to come into the office one day a week and route support calls. I'm in Sales! They let go of key support people and are using us to backfill? I was also told that the new expectation is that if I'm not on the road, I'm in the... — read more
When did you stop making efforts?
A good management is one that knows how to get the best out of people. The management at Fiserv is the most successful at demoralizing good workers. It is not at all rare that someone who used to be a role model employee now does the bare minimum. — read more
W2?
Does anyone know how to access your W2 form once you're no longer with Fiserv? I sent an email to ask ecs and they told me I have to wait for them to be mailed on Jan 31st and I think thats kinda crazy.
Are layoffs Coming....
https://seekingalpha.com/news/3923091-wells-fargo-downgrades-fiserv-taskus-paymentus-as-market-environment-challenging
Reviews for remote employees.
Count on negative reviews for all remote employees. This strategy is going to enable the ability to terminate with cause when needed in a few months. You will no longer get severance.. another way to save a buck
Any advice on asking for a raise / quitting
I know annual reviews are coming up, and I doubt Fiserv is doing anything about the crazy inflation we have had. I'm not willing to take another paycut so I was planning on asking for more money then putting in a 2 weeks notice when they say no. .. — read more
Stock
The stock is doing its annual January climb in anticipation of 4th quarter numbers. Keep in mind that the execs will dump some of their holdings right around the time we report. It’s always enough shares to ki-l the rally. So if you’re thinking of... — read more
Just Another 2 Years
I just need to hold on another 2 years and avoid moving to NJ in that time.
Anyone else notice this?
How many of you have issues with getting cell signals in your office? I've been to a few offices and at best get sketchy service with t-mobile and Verizon both, but in most cases I have pretty much zero service. As soon as I step outside the door... — read more
They expect more and more from employees
Increasingly unrealistic expectations from managers frustrate me a lot. They try to squeeze as much as possible out of the employee, but they don't know when enough is enough. How do you deal with that? I get so annoyed when the manager, on top of... — read more
Return some amount of decision-making power back to managers and VPs
I think one potential way to improve the culture at the company would be to return some amount of decision-making power back to managers and VPs, particularly around people-focused decisions and policies. I know that in my particular unit within... — read more
Profit Sharing??
We rec'd profit sharing almost EVERY year before JY took over! FB has only been worse!
Wow no bonus this year..
what happened to this place smh. no bonus after working myself to the ground
Unhealthy Environment
Working for Fiserv is an Unhealthy, Unrealistic and an Unachievable environment. Get out if you can.
Destruction and no Direction
Current management is very good at destroying moral and customer service. Terrible at plotting a course or presenting a vision for Fiserv. What are our goals? silence How do handle the issues caused by the senseless relocation fallout and... — read more
Unlimited PTO
I will unapologetically use unlimited PTO.
Whatever happened to EPP
EPP was a big thing for Fiserv but I have not heard much about in the past 2 years. Any news on them
Too many issues that only get worse over time
I've been thinking about all the issues that frustrated me here, not only are they not fixed, but they've gotten worse in the meantime. Can anyone think of any issues that bothered them that were actually fixed? This is a place where the problems... — read more
Hmmmm......More Layoffs Coming
https://finance.yahoo.com/news/fiserv-nasdaq-fisv-risky-investment-130014062.html Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Wall Street Layoffs
Goldman Sachs announced today and more companies are expected to follow. This means the window is open. It’s a free pass to get rid of people because everyone else is doing it.
Sell, Mortimer!
MarketScreener (MT Newswires) -- Guy Chiarello, Chief Operating Officer, on January 04, 2023, sold 4,000 shares in Fiserv (FISV) for $408,600. I guess he doesn’t think the rocket is going to ride to $200.
Thinking of switching to Fiserv
Currently working at FIS, but it has gone downhill for a while, so I am thinking about switching to Fiserv because results seem better from the outside in. The discourse here is incredibly bad though, so I wanted to ask if any of you have worked at... — read more
Fiserv is nothing but a stepping stone for a better job
Nobody is here because they're hoping to grow their career. Everybody and their mother know by now that the only way to do that is to take advantage of your familial or friendly connections. People join Fiserv to grab some experience and move on... — read more
Comp + Bonuses?
Managers / VPs + - what’s the latest with comp and bonuses for this year? when will i find out?
No job safety anymore
Those who keep asking when we can expect new RIFs should know that the odds are that RIFs will continue until morale improves. Therefore, it is always possible to expect cuts, which means that you should always be prepared. Those who cannot... — read more
Things to improve the culture
I don't foresee anything changing for the better here. It was to be expected that a series of wrong moves by the leadership would cause such a toxic atmosphere and bad company culture. What are our highly compensated leaders doing now to improve... — read more
Era of remote work is done
Remember in the first year of the pandemic, when the news was filled with articles about working from home, how that was the future even once the pandemic is gone, how all the companies are looking into reducing their office space, etc? That was... — read more
Please read: Let's bring back some balance...
Let’s face facts, the majority of contributors here (on the entire site, not just the Fiserv section) are selfish and blinkered. Everything that’s a complaint here revolves around the “Me, Me, Me” attitude, and to that end nobody should be surprised... — read more
Sticking it to the man
I hereby declare a quiet-quitting initiative that is set to go into effect on JAN 3, 2023. Under this new initiative, employees are required to stick it to FB by putting in as little effort as possible; just enough to remain employed. If we all... — read more
Anyone excited to go back to work tomorrow?
I have the feeling starting in the pit of my stomach at the thought of having to go back after a holiday weekend. 2023 and no positive changes on the horizon, only more of the same RIF's, unhappiness, stress, unhappy clients.
Sometimes, enough really is enough
I am so tired of the stress that comes with working for this company. The amount of work I have to do is ridiculous and I'm starting to wonder if any of it is worth it. I have been at this job for over 6 years and I'm ready for something new. Working... — read more
Rumor: More Lincoln downsizing Q2 '23
Hearing of Lincoln potentially downsizing to just ONE building, and laying off a bunch more people to meet that goal. Shameful regime this is. Premier knowledge is basically completely gutted at this point.
Goodbye Fiserv - not another year
A new year... And it's not going to include Fiserv drama. New year means new budgets...at a new employer that can hire. Already have an interview setup with one of our clients. I won't miss- Layoff anxiety and constant conversation about it... — read more
DC move disaster
As a tech with a large FI we have been testing a new system that will be used soon. Failure after failure leads me to think this DC move will be disastrous for Fiserv and our FI. They simply are pushing it to fast and with a lower grade support... — read more
MarketBasket FrankenServ if you have the b@wlz
https://onlabor.org/a-backgrounder-the-market-basket-strike/
How much better offers did you get?
(In terms of pay, insurance, work-life balance...) While everyone who leaves is bragging about their new job, I've started to despair because I haven't managed to get any better offers.
FB Just Lies
"We did not let people go this year, other than we hired thousands of people in new locations, and other people didn’t move,” Frank Bisignano said Friday.