It pretty clear that Fiserv is very close to rock bottom. There is no hope that anything could get better. Everything that's happening here is very demoralizing. I can't think of a single thing that motivates people to stay here except that... — read more
Stripe lays off 1000 employees
https://stripe.com/en-au/newsroom/news/ceo-patrick-collisons-email-to-stripe-employees
Not Gonna Double My Workload -Officially Looking for Another Job
These people are NOT doubling my workload because of lack of staffing. You want me in the office then you will have me from 730 am to 5:30 maybe 6:30 pm. I will no longer be 24/7 reachable. After hours issues someone else will need to deal with... — read more
Let's Face It Fiserv is Winning!
Fiserv is crushing the competition. Look at FIS down $25 a share today, Global Payments down $15 a share over last few days. Fiserv has officially crushed them. Fiserv revenue growth 11%, FIS 3% and Global Payments 9%.
Core Banking & Integrated Solutions Q&A rescheduled -- again
Not suspicious at all that the CBIS All Hands on 10/26 had "technical difficulties" that prevented a Q&A from happening and the rescheduled event that was supposed to happen today was also rescheduled to a now unknown date. Frank scheduled a... — read more
Gas stations ⛽️?
We use to celebrate large financial deals, now, we celebrate gas stations ⛽️ deals. Where is the $30/Sh price? The stock reacted very well to that 😂 Where the he-l is the board of director?
Where is that reporter?
Caitlin - every Fiserv associate goes this stupid Xchange regular training about ethics and cr-p like that. Yet, the Chicago office is partly owned by a Fiserv exec who leases it to Fiserv. This sh-t is public. Go find it. Is Frank getting a cut for... — read more
FISV
I told you folks in the past. Wall Street doesn’t like this company or it’s ceo. Stock has only one path - $30/Sh. It is like an 80 years old trying to keep an er-----n up , but short lived. Frank sells on every strength. Be careful! The only thing I... — read more
Making Frank rich
Why work hard for Fiserv to make Frank rich? He’s not somebody I want to help. I’m gone at the first opportunity.
How do I get Severance pay in a week?
I got another contract job(joining is next week). but, I don't want to give the notice and miss the severance pay. Considering this guys laid off many of my colleagues, I just want to get the severance without telling about my new job. How do I do... — read more
Stay under the radar and look for other opportunities
Because it won't get any better here. Leadership makes bad decisions after bad decisions. I stayed here because luckily I had a good manager, but it is very obvious that he is also increasingly dissatisfied. It's not so easy to get a new offer but... — read more
Severance Checks from Fiserv
I was recently let go due to business needs and I of course get the severance lump sum. How long did it take for you all to get your severance after signing? I signed literally midnight the day they told me to. I was told it can take up to 21 days... — read more
All Hands Meeting - Banking Implementations
I just got an invite to an all hands meeting. Approximately 750 people are on it for 30 minutes. It looked odd because it wasn’t a mass group. My immediate boss and her boss are not on the meeting, nor is anyone with 10+ years seniority. The lower... — read more
Stafford - Output Solutions | NO Pay Raises
Heard on a call that due to increasing healthcare costs, there will be no raises this year.
Attendance penalty in effect
Of the remaining staff working harder than ever, leaders looking to give small promotions and/or monetary incentives for staying are being told they can’t promote or give $ increases if associates attendance record is below 60%. Denied….. Leaders... — read more
Recruiter called me about job here
Laughing! I told him nope. Layoffs are the norm.
Lincoln on track for closure
Lincoln is still set to close at some point in 2023. Just look at the goings-on: North building suddenly/inexplicably vacated; hiring slowed/frozen; an Omaha HR gal splitting her time with Lincoln; every one of Frank's presentations purposefully... — read more
Hiring hybrid workforce and then changing policy
I am totally disappointed. Hybrid requires frequent changes to daily habits but it suits me and that's why I applied here. What are the options for us who are employed under these conditions if the company eventually forces us to be in the office... — read more
Survey
If you are a client, you should have received a survey. Fill it out and be 100% honest. Let FB know how awful he is.
Huh, who knew?
https://fortune.com/2022/10/31/remote-work-saves-companies-money-recession-survival/
I don't know how my team will function
After almost half of the people from my team got cut, I wonder how it will all work. At this moment, I would rather have been cut myself, than having to mentally prepare for the fact that my workload will double which means we will be under... — read more
Fiserv is going downhill
Let's be honest. Fiserv isn't a great company to work for regardless what they have published in any article or magazine. Fiserv is a rebound case for most external hires and a well for who joined since Adam's. The SVP layer is full of oblivious... — read more
BH is empty lol
It's a sea of empty seats in here
Are you safe in Frank’s world?
I know Frank personally. If you are safe you know it. It’s for a solid reason. If you don’t have that solid reason you are not safe. Very few people are really safe. Is it better to stay or go? My advice if if you are not safe it’s better to go. ... — read more
How many were riffed in October?
Anyone know? I’ve heard several numbers. Just curious.
Did your r&r get paid out when you left?
I recently left Fiserv and got my final paycheck and noticed that none of my r&r time was paid out..did this happen to anyone else?
Word around WI about JY...
I live in Wisconsin and am connected to a lot of people in our industry around the area. Rumor has it that JY was pushed out and did not leave on his own. Seems like a political coup occurred against him based on what's being shared from many who are... — read more
Leaving or staying?
Curious about experiences. For those who have left, how long has it been and are you happier? Was it in a RIF or of your own accord? For those who are still here, do you have plans to leave and if so, how soon? What's the deciding factor? I'm at... — read more
Let's play a game -- Why is FB always on the phone when a townhall happens?
I'll go first... Maybe he's playing scrabble?
Remote leaders stripped from their titles
A friend of mine who still works at Fiserv was stripped from his leadership role and converted into an individual contributor simply because he's remote. Has anyone heard of this?
Jack Henry stock price
I’m amazed at the JH stock price compared to Fiserv, Jh almost 200.00 per share. And they are one of our competitors. Must be a good company.
Usage of job search firm LHH
For any of those let go and given the opportunity to use LHH, have you? Is it a valuable tool and good use of your job hunting time? Thanks.
Talk with me?
Here's our latest story -- https://www.paymentsdive.com/news/fiserv-sheds-korea-unit-3q-milwaukee-move-headquarters-payments-third-quarter-earnings-cuts/635122/ We continue to follow what's going on at Fiserv. Thanks again to those who've reached... — read more
The RTO saga continues
So much for “flexibility “. We were told corporate policy is being changed by the end of the year to make 5 days at the office mandatory. Managers aren’t being given any latitude as usual, as it’s coming from the top. Want a position with job... — read more
Thoughts on the BH office?
Feels very bland to me. Lots of grays and basic rooms. Just a sea of workstations. The blueprints made it seem like there would be these themed rooms and a fitness center. Nope. Nothing Barely any parking since everyone needs to be in every day. But... — read more
Please seek out hires laid off from Fiserv
So many dedicated, wonderful coworkers have been blindsided, workers who were rated “far exceeds expectations” on their last performance review (including myself) which makes them the top 10% talent. Do not look down on someone laid off from Fiserv... — read more
Ride that rocket
Down nearly $3 today. The market sees a fizzle and no sizzle.
DPS Meeting Question Slido is Public
In case y’all wanna make any comments for Monday’s DPS meeting, the slido is public http://app.sli.do/event/wBtN2wT8LuGssYCSBe7T6/live/questions code #3239329