"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.
Nothing but a constant feeling of anxiety
I'm starting to despise this company. What does Fiserv offer other than the constant feeling of anxiety when the next cuts will happen and who will be the target? Almost nothing.
RIF on the horizon?
I'm starting to hear from a few sources that another one is coming before the end of January. Anyone else hearing similar?
Losing your value
This is no longer a company where employee talents can flourish. The exact opposite is happening. Those who have been here for a long time at one point begin to notice how their skills have atrophied and are no longer marketable, while those who... — read more
Spyware On Computers Not Reall Effective
https://www.entrepreneur.com/growing-a-business/78-of-employers-are-using-remote-work-tools-to-spy-on-you/440400
Merry Christmas, Hannukah to one and all
And to all my Alpharetta a colleagues who have moved on to better jobs and life. To the few who remain behind - best future for 2023. To the many who no longer have a paycheck at this holiday season - keep looking, something is out there for you. ... — read more
FB Gets 6% RAISE
https://www.bizjournals.com/milwaukee/news/2022/12/23/fiserv-ceo-bisignano-new-contract-raise-in-2023.html?utm_source=sy&utm_medium=nsyp&utm_campaign=yh&yptr=yahoo Fiserv Inc. has entered into a new contract with its chairman, president and CEO... — read more
For those complaining about RTO
The latest remote work trend: Fear of being laid off and struggling to find a job Remote workers are the most likely in the U.S. labor force to worry about being laid off and struggling to find a new job quickly, according to a CNBC|Momentive... — read more
FB Signs 4 Year Contract with Fiserv
https://finance.yahoo.com/news/fiserv-enters-contract-frank-bisignano-213300449.html BROOKFIELD, Wis., December 21, 2022--Fiserv has entered into a new employment agreement with Frank Bisignano to serve as President and Chief Executive Officer ... — read more
Fake Glassdoor Reviews
Wow - ever notice how after a few honest reviews a slew of fake ones are added to Glassdoor to compensate? At least now they look better with some cons here and there. Even so still 4 and 5 star reviews. Fiserv has the worst CEO EVER yet his... — read more
Somebody should send this to Frank
Since stealth layoffs have been his MO for a while, in addition to regular layoffs. **Stealth Layoffs Bad for Business, Increase Risk of Unwanted... — read more
Fiserv hired ‘thousands’ of workers this year, CEO says
https://www.paymentsdive.com/news/fiserv-ceo-employee-cuts-part-of-merger-strategy-frank-bisignano/639073/ "Fiserv hired “thousands” of employees globally this year, even as others were cut from the payments technology company because they were... — read more
Hey Frank, you should follow Elon's lead...
and launch a survey asking whether you should step down as CEO and abide by the results unlike all the other surveys sent out that result in no change.
Will FiServ be the next FTX?
The lack of leadership, consistency throughout the company, teams do not know what the others are doing or being told. Going from one tax break to the next. The house of cards is starting to wobble.
Reduced hours
UK OFS employee here - we've just been asked/told/forced to amend our contracts to 35 hours a week (from 37.5). Apparently, this is to align with UK OFD employees. In reality, I know I won't work any less as I put in 40-50 hours a week! We've been... — read more
More layoffs or FB Gets Ousted
https://finance.yahoo.com/news/fiserv-inc-nasdaq-fisv-insiders-120108901.html In the last year, many Fiserv, Inc. ( NASDAQ:FISV ) insiders sold a substantial stake in the company which may have...
How can you deal with an incompetent manager?
To say he is not a good leader would be an understatement. His management style is neither effective nor constructive, among many other things. Even worse, it is even verbally abusive at times. Our last manager was great, so the new guy has left us... — read more
My plan is working
I am in office and begging to be the next so I can get my 6 months severance. Also, started a remote job!!!!! I can’t live on 2% raises. I give Fiserv 40 hrs a week, nothing less and nothing more. I don’t respond to emails or calls when I’m off the... — read more
Train has left the station...
Either you are on board like the 40.000 plus or you come here listen to ridiculous advice, such as "time to quit your job in a recession, bad mouth management or wildly speculate about Fiserv's future, completely ignoring the reality. Fiserv is... — read more
Chasm between leaders and us
Nowhere is it more visible to what extent our leadership is disconnected from the employees, but also from reality, as during the town halls. I wonder if it is possible for them to be even more disconnected? I doubt it.
Where is C level taking a hit?
We have been told how the resource actions have been necessary because of the economy, etc. We know the price the staff is paying for the company, many of them are unemployed and many overworked trying to make up for lost associates. But tell me... — read more
The future is looking grim in my department
Everybody is leaving. Even some of our worst employees who barely do any work are finding new jobs. You know things are not going well when those who put in no effort as it is walk away. Fiserv has been going downhill for years, but now it's... — read more
Will Fiserv Be Around In 5 Years
I am not sure Fiserv will survive.
Management Failures
Lower management is scared to make any decisions. Tell clients one thing and devs another . It makes product failures seem like it the devs fault, but in reality devs are being told to do nothing to save money.......What is going on.
More Furloughs
My entire team of devs were furloughed today for four weeks until mid January so Fiserv can save a few more pennies towards the Q4 results. Not sure how widespread this is so not listing region/BU but wanted to warn people.
Town hall
Another waste of an hour listening to how we made senior leadership millions. Enjoy your 2 percent raise peasants.
The idea of Fiserv being bought by a better managed company
Why do some think that this is the only way to fix this company? I don't agree.
Better together
Analysts are now seeing the vision of one fiserv and are reporting as such. The power of in office collaboration will build a strong company resilient to layoffs. #bettertogether
The management here is a joke
They don't know what they're doing and they don't care about their employees or clients. They only care about themselves, and how much money they can make by cutting corners on everything from staffing to customer service (and then passing it all off... — read more
Anyone receive word on their bonus?
Are bonuses gonna be cut?
FB pushing for everyone to talk to clients
Are any other non-client-facing groups being pressured into talking with clients? We are suddenly getting lots of emails with canned lines that we are supposed to read to clients, and now are being told we have to cold-call random clients to ask... — read more
Fiserv has taught me the true meaning of don't give a f***!
'They' don't GAF about technology 'They' don't GAF about tools 'They' don't GAF about client support and 'they' sure as h*** don't GAF about those of us keeping this ship afloat 'They' being the ones from FD that are f***ing up everything!
Leave now Job marketing is tightening up .. go before its to late
you will be laid off, wait to leave its going to get rough. LOOK NOW
Pushing us to the limit
Cutting our benefits, setting unrealistic deadlines, expecting us to work for three people and wasting our talents... How long will this last? How sustainable is this? Do we all have to leave before the leadership finally realizes that they... — read more
Harvard research on layoffs and those who survive
Per the Harvard Business Review: “Companies that conduct layoffs underperform for nearly three years longer those that do not. The reasons are in the well-researched hidden costs of layoffs. Employees who survive the layoff may struggle with... — read more
PL Sounds Nervous
BO Division Touch Point Call: Remarks are indicative of someone who's been reading this forum and is panicking. He's on the defensive. We, the workers are in control of the narrative here. Do you trust the person, who makes hundreds of thousands/year... — read more
12 Days of Fiserv Christmas - for a smile sorely needed
The 12 Days of Fiserv Christmas On the first day of Christmas The Chairman gave to me A slightly used Lenovo PC On the second day of Christmas The Chairman gave to me Two new plastic carry cases And a slightly used Lenovo PC On the third day of... — read more
People really need to move on
I understand that people need the security of a job, but people really need to test the water by putting their resumes out there. Everyone I know who left Fiserv wound up getting a better job and making more money. Fiserv is a sinking ship and they... — read more
2022 Disability Equality Index - Fiserv
Jill Houghton, President and CEO of Disability:IN should have completed more due diligence on Fiserv before naming the company "One of the Best Places to Work for Disability Inclusion". I've worked for several Fortune 500 companies and Fiserv has... — read more