These massive RIFs are indicative of a reactionary CEO that can't manage expenses or forecast them. It should be a point of embarrassment vs badge of honor for "managing expense pressures." While continuing to tank productivity, quality and morale... — read more 

https://www.monster.com/career-advice/article/layoff-survivor-sickness

Am i dreaming or is there fact...

Any word on chicago, frisco wilmington location chicago has cards, GBS firsco has FRMS mostly Wilmington has cards mostly Next round in making identify locations, close it , force people to move else eliminate..

It is so sad to see so many talented people let go today and the way they have handled it in touch base meeting with HR, HR and Senior leader (VP/SVP) discuss the severance package and you access remove immediately after the meeting. In most of the... — read more 

I’ve been a Fiserv associate for less than a year and was hired for BH. Like so many others I came from a client and was so excited and looking forward to working for this company. Ever since I started it’s been a whirlwind of disappointment, fear... — read more 

The best get cut. The worst somehow survive. That says a lot about the future of this company...

With all the attrition and forced layoffs, what is the state of Premier? Are any of the older but wiser ITI resources on the chopping block? How about relationship managers and success partners? (Asking as a Fiserv-customer and a Premier bank)

I think I will get a notice soon. No matter how stressful it is to be laid off, it is comforting to know that no one who was laid off from Fiserv in the past is now worse off than they used to be. Everyone I know has found much better jobs. Because... — read more 

I've been here for a little over a year and I've already been through several rounds of layoffs. This is not normal and it should not be considered normal. A good, well-functioning company doesn't need to resort to cuts in personnel every few months... — read more 

Where is our resident stock expert?

Anyone else hear they’ll all be let go tomorrow (Friday)?

Don't spread disinformation.

Todays dump….. Directors telling people about cost cutting and the careful review of Sapience reports relating to that. Also if you want to stay, RTO 5 days a week

On schedule for $30 in 6 months to a year. Frank, don’t bet against your employees! I understand you are used to a $32/share stock OFD! No worries, we will get the stock there! Analysts just cut FISV to neutral. You can’t invite all of them to your... — read more 

FB allegedly took a huge payout during Covid and even gave hourly workers a 25% raise on a temporary basis because “times were tough, and spending was down”. Fast forward 2 years, times are tough, Covid is greatly reduced, but his salary increased... — read more 

For severance they do a calculation based on max of 1 week per year of service or a minimum based on your pay position grade. If you were on Unlimited R&R or considered position grade 11, the minimum is 10 weeks. You also get 45 days of outplacement... — read more 

Let's list the groups impacted. No speculation, just actuals. Should help us get a clear picture.

It’s glaringly obvious what is happening here! FB needs the cash to turn his payments and fintech biz back to profitable under the shiny Fiserv brand…..at the expense of anything bank related….people, clients and all! It really is the only thing that... — read more 

Rifs continue this week, very deep and surprising decisions on ppl who have deep experience being let go. Some teams have almost no one left. Clients will feel this impact.

Shame on you A..ho-e! You were the F chairman of the board! Where was your due diligence? You paid money to buy this FB cancer? I hope you and him rot in he-l! I feel sorry for my dear customers and associates. Fiserv is now a friend and family... — read more 

Start looking. It's better out here. In a place where people get along and CARE about each other. Don't wait for your 'check' or your 'severance' - it's not worth it. We're hitting the end of the year, companies are going to hire less and less over... — read more 

You have zero voice and if you have not been around in the circle of trust small bad group of management you Will be let go. The company has bad products, no focus and will fall apart. Service is the worst in any company on the planet. They sell... — read more 

Two weeks ago, I notified you about these past brutal 10 days. In total, we lost 1180 associates. Two more days left (Thursday and Friday). We lost associates at all level, SVPs, GM, VPs, Directors, Managers and ICs What is next? more of the same... — read more 

Monday they let go off the entire Sales Team in Digital Lending Organization, specifically for loan complete, and mortgage director. On Tuesday Loan Complete product group was shutdown and within Loan Complete was laid off. That includes support... — read more 

It’s his strategy. In good times and bad there are always layoffs under Frank. This year maybe it’s worse than other years but it’s always the same.

Any advice on finding job in current market .I have been looking for couple of months will no luck .. mostly through LinkedIn jobs .. any tips from those who were successful in finding jobs.. worried due to EOY freeze and recession ..

Has anyone heard org change post layoffs

How come nobody is concerned about the massive debt at Fiserv? There is nearly $21b and a huge spike in interest rates that will ultimately catch up with FB. He made his FD career when interest rates were falling and can’t make margin targets despite... — read more 

I'm not sorry or embarrassed to say this. I've been looking for a new position outside of Fiserv for a few months but it's been hard considering how little time I have to focus on it when I'm required to do more work than ever as cuts continue. I'm... — read more 

Hi there, here's the Payments Dive story published today on recent Fiserv cuts: https://www.paymentsdive.com/news/cuts-continue-at-fiserv-payments-staff-employees-layoffs/633775/ We'll continue to follow this news. Still interested in talking with... — read more 

I see some people are saying cuts will continue throughout the week. Can anybody say where this information is coming from? Has this been officially confirmed or are people just guessing but presenting it as in-the-know statements? I'd like to know... — read more 

This is agony and this time I would like to be told that I am no longer needed here. Despite the uncertainty we are facing, Fiserv demands maximum productivity from us. I am already doing enough work for several people. For a long time now, there... — read more 

Told you folks. The focus on one product - payments - is short sighted and reckless! News wire: PayPal Company is trying to be a 'one-stop shop' for smaller businesses, executive says PayPal Holdings Inc. is continuing its foray into in-store... — read more 

Hi there, still looking to talk with current or former employees about Fiserv cuts -- my email is cmullen@industrydive.com. Trying to confirm numbers of those let go. Thanks!

Any idea what day layoffs will be completed by ?.

Is anyone willing to tell what they got for severance? I hear different things based on how long you've been at Fiserv, what level (Director, VP, etc.) you are. Trying to plan for what seems inevitable. Thanks.

It was good while it lasted.

What in the world is going on? Lay offs almost every day. I "heard" there have been around 5,000 lay offs this year world wide. Could Fiserv be "ripe" for a take over? Why is the movie "Secret of my Success" flashing in my head? I remember 5-6... — read more