Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

EOM layoffs?

Last 2 days of the month, another round coming in the next 2 days? Or will they wait until 3/15?

by
| 1821 views | | 1 reply (February 27, 2023)
Post ID: @OP+1loQ9FCb

Good riddance

Left the BH office earlier this month on my terms. Best decision made. I no longer feel stressed on so many levels. Fiserv has poor and lackluster management. They will throw things at you with no proper guidance. Figure it out or drown... — read more 

RSU’s

Make us all part owners and align our interests.

More cuts

Definitely layoffs occurring, can confirm many clover employees let go on Valentine’s Day. Multiple sites. Probably more on the way. Any ideas when this "more" might take place? I wish we could get more info from management but apparently sites... — read more 

by
| 2330 views | | 5 replies (last February 25, 2023)
Post ID: @OP+1lkzg1zY

5x/week in office in BH?

I've been hearing rumors that in the next quarter or so we will all be required to be in office 5 times a week in Berkeley Heights. Has anyone else heard something similar? (Not counting PL's org?) I am on 3x/week now.

How big an increase would keep you here?

I don't think the leadership particularly cares about retaining the best employees. However, I am interested in how much raise would motivate you to stay a little longer in this poorly managed company?

by
| 1580 views | | 4 replies (last February 23, 2023)
Post ID: @OP+1lj6XxsE

Everyone I know is looking for a new job

It is very obvious that, as long as there is a downturn in jobs, Fiserv will exploit it.. but I think they are not aware of how many people are looking for a more flexible job and intend to leave this place as soon as the opportunity opens up.

Sales Layoffs Coming?

Any news on more Sales Layoffs? Management is begging for business in Q1 and threatening more coming. Super high goals... and new support or products. Is this just the Fiserv way. Bring in new? Has anyone heard more details.

by
| 1600 views | | 6 replies (last February 22, 2023)
Post ID: @OP+1liLAYHD

Fur Rank in town this week

Guessing he is trying to shake down more tax breaks or I will take my toys and go somewhere else.

Recognition Gross up

Is our bonus categorized under Recognition Gross up in workday? I hope not.

by
| 2010 views | | 3 replies (last February 20, 2023)
Post ID: @OP+1lfXBqhq

The yearly reshuffle coming?

I'm already hearing talks of senior and executive management "moving on." I'm wondering when that fiserv reshuffle dance email will pop in my mailbox. Maybe after the stock gets vested?

by
| 2290 views | | 6 replies (last February 23, 2023)
Post ID: @OP+1lek9xqS

Tired and overworked

Advice that we should never allow ourselves to be overworked and burned out is easy to give to someone else. However, what exactly do you do so that you don't end up overworked? In practice, it's difficult to achieve this. Since I'm not one of... — read more 

by
| 2130 views | | 8 replies (last February 23, 2023)
Post ID: @OP+1ldRhcwm

Fiserv vs. Clover bonuses

TIL While Fiserv employees have a retention cash bonus this year with a two-year clawback, guess what strings Clover employees have with their cash bonuses??? NONE… That’s right — only Clover employees get a true performance cash bonus, while Fiserv... — read more 

by
| 2520 views | | 6 replies (last February 19, 2023)
Post ID: @OP+1ldYecN6

Warning signs in Credit Card World

This is a good article. Keep in mind that Frank touted organic growth as the key contributor to the good numbers. Organic growth means more accounts, more transactions. But this article says the piper needs to be paid eventually and the signs say it... — read more 

by
| 1660 views | | 4 replies (last February 20, 2023)
Post ID: @OP+1ldgcp24

Any word on raises?

Been with the company 8 years I know not to expect much. Just wanna know if anyone heard anything yet.

by
| 2110 views | | 8 replies (last February 20, 2023)
Post ID: @OP+1ldi7r8s

Layoffs in Clover

Lots of people laid off today, managers and directors included. Rumors are around 10% of the org. SLT trying to keep it hushed and won't provide information about those let go.

Not sustainable

I regret taking this job. There is zero work life balance. I don’t even think that’s a thing anymore since I started working here. The company does not provide plans to staff/backfill crucial roles and the rest of us have to pick up all the pieces... — read more 

Director and above bonus sc--w job

If you are a Director or above, you cash bonus now comes with a contract you must sign and if you leave, they claw back both your stock and now your cash.

Great company, all in all.

Fiserv is a great company all in all. Perfect, no. No company is but the truth is Fiserv is winning in every metric with great plans to take operational excellence to the next level as we look to improve, simplify and automate. This week all you... — read more 

FIS’ line in the sand

With yesterday’s news that FIS will be selling / spinning off the Worldpay merchant division, it’s clear they’ve had a reckoning of identity and are doubling down on core processing. FIS most definitely has larger issues with debt service than... — read more 

by
| 1940 views | | 5 replies (last February 14, 2023)
Post ID: @OP+1lbv5JTR

Brookfield to Downtown Milwaukee move date

Doubt this happens in 2023 although that is what mgmt. is saying. What about ALL the servers/mainframes? N O way they get that equipment relocated in 2 years or less.

Completely beyond me

This does not only happen at Fiserv. Even at the previous company where I worked, slackers and those who worked only the bare minimum were valued just as much, if not more, than those of us who were putting in real effort. Aren't companies working... — read more 

by
| 1630 views | | 4 replies (last February 14, 2023)
Post ID: @OP+1laTOEIA

Thank your luck stars...

We have a CEO and leadership team who can deliver during a recession. In business you can either be a man of the people and go broke, or you can make difficult and unpopular decisions which in turn propels a company into greater success and fortune... — read more 

by
| 4190 views | | 33 replies (last February 25, 2023)
Post ID: @OP+1l5oYcrN

Forum: Wouldn't it be funny if...

Let's play a game and complete this sentence. I'll go first. At Forum this year, wouldn't it be funny if... All the clients stood up and Frank's big stage appearance and forced him to be accountable by giving real answers to their issues?

This was surely my last review

This last review convinced me once again that it is not worth investing any extra effort here. It is much better to put additional effort into finding another job elsewhere instead. Anyone else motivated by the review to prioritize leaving Fiserv?

Flood the Zone...what a joke.

Anyone else have to deal with this lunacy? A group of associates put together with no actual rights or ability to solve dated client cases themselves, so instead they call, email and IM the case owners continually to tell them they need to update... — read more 

by
| 2190 views | | 7 replies (last February 27, 2023)
Post ID: @OP+1l0lFzc4

Hmmmm.... a possible strategy?

https://amp.cheezburger.com/19181317/boss-suffers-from-malicious-compliance-after-forbidding-employee-from-working-from-home

by
| 1390 views | | 2 replies (last February 2, 2023)
Post ID: @OP+1kZg0zGt

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