Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

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.

by
| 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 

by
| 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 

by
| 2050 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.

by
| 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.

by
| 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 

by
| 2360 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!

by
| 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 

by
| 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 

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

SAPIENCE

0 ★★★★★ Current Employee, more than 3 years Warning!!!! layoffs based on sapience !!!! Warning Feb 27, 2020 - Senior Software Engineer in Bangalore Recommend CEO Approval Business Outlook Pros Only new office is pros after first data... — read more 

by
| 2440 views | | 2 replies (last December 7, 2022)
Post ID: @OP+1k2av51K

Until I amLaid Off

I will work remotely until I am laid off. I will at most come in 2 days a week. Nobone from my team is at my office location.

by
| 1880 views | | 6 replies (last December 13, 2022)
Post ID: @OP+1k2UsmLT

JY doing well at Motive Partners

Posted a nice Linkedin article about winning an award for a short video - holding an emmy of all things - and smiles. Way to go. Sold your company down the river and rubbing our faces in your success. Just about 10,000 have paid the price for your... — read more 

by
| 1350 views | | 2 replies (last December 6, 2022)
Post ID: @OP+1k2dS9Av

Manager told me 5 days in office

My manager pulled me aside and told me that I need to start coming in 5 days a week to stay off a report. I'm not a contractor and I have been coming in 3 out of 5 days and working full 8 hour days. What gives? Has anyone else been told this?

Promotions?

Has anyone heard about them promoting people or giving salary increases next year?

Everyone is actively looking for a new job

It's a bit sad that the leadership has brought the company to this state where I no longer know anyone who is not looking for an opportunity elsewhere... Is there anyone who has high hopes for this place and wants to stay here? I doubt it. I would... — read more 

Pretending that everything is fine

My manager persistently tries to make us think that everything is fine here, that there are no issues, etc. Isn't that ridiculous? Instead of looking for solutions, they persist in the delusion that this place hasn't gotten too bad. It is bad not... — read more 

by
| 1720 views | | 3 replies (last December 3, 2022)
Post ID: @OP+1jY7SYMC

Fiserv Well Positioned for the Future

Fiserv is well positioned. It was a early mover on getting its cost structured sized for the tough economic headwinds, was first to return back to work in a reasonable way and has a great client base who utilize hundreds of Fiserv products and... — read more 

sun setting on ?

the layoffs are part of a plan. to what? maybe the plan is to strip certain business units of their expenses and sell them off? units like c.u. providers.

by
| 1910 views | | 4 replies (last December 5, 2022)
Post ID: @OP+1jYctBlo

Get Out or Quit Complaining

It’s going to be like this for at least another 5 years. I retired on my own. I worked for Fiserv a little over 3.5 years and have to say it’s the worst place I’ve ever worked. Super hostile environment, from the outside, place looks great, the... — read more 

by
| 2380 views | | 9 replies (last November 30, 2022)
Post ID: @OP+1jW1xmlJ

Reason for unlimited R&R

Frank is pushing unlimited R&R for grades 9 and 10 in an effort to get people to waste all of their remaining PTO from now until the end of the year, so that he won't have to pay anything out in the next (massive) layoff slated for 2023. Shame on... — read more 

Like a ROCKET!

Fiserv stock is like a rocket on it's way up... oh, wait... looking at the wrong chart - it seems I was looking at cumulative layoff chart. Sorry my bad

by
| 1380 views | | 2 replies (last November 29, 2022)
Post ID: @OP+1jVngCIY

Start a new thread - post a news comment, question or message:

: