Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

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.

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| 1890 views | | 7 replies (last January 9, 2023)
Post ID: @OP+1kq9HJ4V

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.

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| 1361 views | | 2 replies (last December 29, 2022)
Post ID: @OP+1kpcnSu7

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?

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| 2320 views | | 7 replies (last December 29, 2022)
Post ID: @OP+1kp4FlFa

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 

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| 1770 views | | 7 replies (last January 18, 2023)
Post ID: @OP+1koN6WJL

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 

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| 1750 views | | 3 replies (last December 28, 2022)
Post ID: @OP+1km6UHWt

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 

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.

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| 1660 views | | 6 replies (last December 22, 2022)
Post ID: @OP+1khx6gqW

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 

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| 1622 views | | 3 replies (last December 27, 2022)
Post ID: @OP+1kghtW94

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...

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| 2270 views | | 4 replies (last December 30, 2022)
Post ID: @OP+1kfmJO7L

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 

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| 1900 views | | 5 replies (last December 20, 2022)
Post ID: @OP+1kfZlXpw

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 

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| 2400 views | | 8 replies (last December 21, 2022)
Post ID: @OP+1kftTC8V

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.

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| 1430 views | | 2 replies (last December 17, 2022)
Post ID: @OP+1kd1eaZ3

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 

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| 1750 views | | 3 replies (last December 23, 2022)
Post ID: @OP+1kdaBRWW

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 

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| 2030 views | | 8 replies (last December 23, 2022)
Post ID: @OP+1kd6oewR

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.

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| 1390 views | | 4 replies (last December 21, 2022)
Post ID: @OP+1kcLJqSC

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.

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| 2110 views | | 5 replies (last December 16, 2022)
Post ID: @OP+1kcuLx6n

Town hall

Another waste of an hour listening to how we made senior leadership millions. Enjoy your 2 percent raise peasants.

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 

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 

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| 2340 views | | 8 replies (last December 16, 2022)
Post ID: @OP+1k9IDMic

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!

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| 1790 views | | 6 replies (last December 14, 2022)
Post ID: @OP+1k8q3qL6

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 

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| 1760 views | | 4 replies (last December 10, 2022)
Post ID: @OP+1k5BnfW7

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 

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 

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| 1920 views | | 5 replies (last December 9, 2022)
Post ID: @OP+1k32jW8D

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