When your employer is laying off workers, expecting you to pick up the slack, saying, “No one forced you to take this job,” they are gaslighting you. When another worker says the same thing to you for complaining about the situation, they are... — read more
WARN Act violations - read if you have been laid off
The WARN Act enforces orgs with more than 100 employees to give 2 months notice to laid off employees during mass layoffs involving minimum 50 employees, or worksite closings. Please contact your lawyers.
Stock as bonus instead of cash, then RIF and take back the stock
So the last 2 years, instead of receiving my regular cash bonus, the company gave most of my bonus in stock. That in and of itself was a really sh-t move on their part. But now adding insult to injury, after being RIF’d, they took back any stock that... — read more
Any truth to the rumors that some developers are being called back?
Overheard part of a conversation saying that with quarter end and EOY approaching, projects have stalled and obviously deadlines are being missed. Contractual agreements with clients are trying to be pushed back to early 2023. Good luck with that!... — read more
Does anyone actually care anymore?
Do you care about a new building in BH? Do you care about "The Park"? Do you care about your job enough to stay past hours and come in 5 days a week? I certainly don't. Everyone is stretched so thin. The only remaining leaders are the sneaky ones... — read more
Middle Managers Are Bottleneck
Don't really care about being laid off. I am here to work and unti employment ends. My manager has basically asked me not to work so fast......?!@$% I could understand if it is because of code issues, this is not the case. Some middle managers are... — read more
People here now expect only bad news
Never during my many years of work here have I noticed that the employees are more pessimistic than they are now. Someone rightly said: "Not everything is doomsday", but the fact is that the majority has lost confidence in this leadership so much... — read more
TWTR back to 40 hours RTO
I'm hoping FISV leadership follows suit. Whenever I need to work with my team members, they are always somehow working from home. It seems like they are working from home more than just 2 days a week. Time to put an end to this nonsense and put in... — read more
All Hands Support Staff Mandatory Meeting - December 13th
Any support staff get this meeting invite with Rob? It has everyone from Project Managers to Customer Experience to Tech Writers to Command involved. Kinda weird to include ALL Support staff (we're talking hundreds) of people. Any ideas?
From Frank to Elon...a tale as old as time...
https://lifehacker.com/what-to-do-if-your-new-ceo-is-an-incompetent-mo--n-1849741249 Sharing link, chaotic leadership feeds uncertainty, rising stress and a need for defensive measures. May the odds be ever in your favor. Take care of yourselves... — read more
Call Centers?
How are all the call centers doing with all of the riffs and changes?
Where do you see Fiserv in five years?
I see it as devoid of any institutional knowledge and experience, with increased debt, and failed products (because people who know how to deal with any issues will be gone by then). That seems to be the future FB is aiming for as he continues to get... — read more
Grade level salaries?
What level are you and salary? I’m a grade 12 making $135k - am i underpaid?
Twitter founder Dorsey apologizes to associates
Where the F@&ck is JY? He owes me an apology for fu----g my beloved company and screwing my customers. At least Dorsey didn’t have a choice, his company was acquired. JY , what is your excuse?
Heartless Move
I worked at Fiserv for 21 years and went on Cobra when I left. I was diagnosed with two cancers from June to September requiring two surgeries. Cobra was expiring on 10/31 and I had met all deductibles and out of pocket expenses for the plan year... — read more
Here's the scoop on the HQ move to downtown MKE....
https://www.tmj4.com/news/local-news/fiservs-new-headquarters-requires-most-employees-to-work-in-the-office-under-city-agreement
Some still enjoy their job here
I am one of those. I really love my job here and that's why I care about getting this company back on track. I understand those who started to despise this place because of bad decisions and bad management, but it is not true that no one likes... — read more
Hoping for more layoffs
A handful of time embezzlers still around. Believe it or not I am not a shill. Just tired of people sleeping at their desks and getting promotions via favoritism. Hopefully FB's team boots out the managers responsible for protecting these people... — read more
Our talent is leaving
No good talent wants to live in the Armpit of America to replace them in the BH office. What we’ll be left with is people about to retire and people not good enough to get a job elsewhere.
Milwaukee HQ Incentive
https://www.bizjournals.com/milwaukee/news/2022/11/03/fiserv-headquarters-incentive-in-office-minimum.html
FIIS takes a $500M charge...
For restructuring (aka huge layoffs)
Everything here motivates me to leave
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.