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
FB will be pi---d when..........
he comes to Wisconsin tomorrow to explain to the Bkfld employees WHY he is moving HQ to downtown Milwaukee and there are only 5 or 10 people attending!! Place is a ghost-town on Fridays!!
Internal Earning Call
It is incredibly difficult listening to this call. We care about Clients!. A large portion of the Company just lost Staff. We are being tasked to do more with less. What universe is FB living in? Frankly, listening to this is even more demoralizing. ... — read more
RIF
Can't help but notice none of the millionaires on the screen got cut. Seems like a big savings opportunity.
Why is everyone surprised…
Some of the best people I’ve worked with in my career were at original Fiserv. As a recent alum (left on my own terms) the writing has been on the wall for years. FD bought Fiserv with Fiserv money. Frank doesn’t/didn’t know how to manage a healthy... — read more
Brookfield
So Brookfield is closing and FB has some floors in the Milwaukee historic district. I wonder what the tax incentive is.
EPS swing and a miss
Expect more layoffs and cost cutting. FISV misses by $0.06.
Almost there but still a little more work
Judging by the incessant whining on this forum, I would say we still have a few timeclock embezzlers that need to be RIF'd. FB'll get you by end of Q1 '23.
Confirmation that Costa Rica was sold, what's next?
https://www.bizjournals.com/milwaukee/news/2022/10/26/fiserv-to-sell-sis-business-costa-rica-operations.html
Where are the execs?
Hiw cone none of them are talking to employees or clients to reassure them? Why the silence? Sincerely curious as to what all of you think.
Sell limit
If you still have stock go in tonight and set your limits. History tells us that when the stock goes up at earnings time then the executives’ triggers kick in. Last time it was around $110 and it cratered when the sell triggers hit. It’s $101 in... — read more
I'm convinced....
That FB is looking to turn Fiserv into a new First Data. Why else would he be operating it the same way? Wish I could get paid millions to f**k up a company.
Work at Fiserv
Had to smile this morning on Linkedin. A sidebar adv came up asking if I wanted to work at Fiserv and to see some of the people I knew there. LOL - ironic times 20. NO but I did work there years ago and almost everyone I knew there is already... — read more
The nicest thing you can say about Frank is he’s 100% focused on shareholder return
To the exclusion of all other things that a true leader focuses on. Frank is completely out of balance and could only be a CEO of a company like Fiserv that has little governance in a boring industry. It’s unfortunate that he disrupted so many lives... — read more
I'm so tired of this place
I'm exhausted. Working long hours while being micromanaged to the maximum, a boss who doesn't know how to set priorities, backstabbing yes man colleagues who are not marketable so they fight to save their job here but in a very bad way.. I used to... — read more
There goes payout for unused time off
My pay grade (grades 9 & up) is being changed to unlimited time off for 2023. I assume that is so they don’t have to pay out any unused time off upon separation. What a crock! Hoping they don’t also alter the severance pay policy. Good luck to all... — read more
$110
The day after earnings, book it !!! Also look for a special organizational change Thursday