Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

How did we miss this?

Fiserv was number 2 in merchant acquiring but now Fiserv is number 3. https://www.paymentsdive.com/news/fis-knocks-fiserv-out-of-no-2-merchant-acquirer-spot/623931/

Have you noticed…

…the shills don’t post on weekends? They’ll do FB’s bidding as long as they’re on the clock. Also, where’s the Ohio shill? In Jersey yet or never left Ohio?

More insider trading

“Fiserv, Inc. (NASDAQ:FISV – Get Rating) COO Guy Chiarello sold 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 27th. The stock was sold at an average price of $105.00, for a total value of $420,000.00.” That’s... — read more 

What the....

I have posted 2 articles on here about Frank and they have both disappeared. Good job Frank I don't know what pull you have on this site but you're able to get them removed

Let's be really honest..

Fiserv is full of lies, low pay, removal of benefits, why stay when there are great opportunities elsewhere?

Let’s be honest…

Fiserv is a great company for those who are ok with a Hybrid work arrangement. If you are one of the few remaining work from home holdouts it’s may not be so great. Everything else is noise. After this quarters results there is only evidence of a... — read more 

RTO Policy

WHY is the RTO policy only enforced to certain teams in a location? My boss, who lives in another state, has three employees on his team at my location but only 2 of us are being asked to RTO 3x a week. The one person that is not required to RTO... — read more 

The results are in

Everyone needs to admit the plan is working and there are bright days ahead. Let’s adjust our attitude and pitch in to continue this success

Transcript

I read the transcript of the earnings call and have two comments. First, the “synergies.” If you weren’t paying close attention you missed him patting himself on the back for reducing headcount. The synergies is a euphemism crated in the merger... — read more 

LETTER TO SENIOR EXECS

Wow! What a quarter. Fiserv employees and exec leadership have much to be proud of. We also appreciated the thanks shoutout from exec leadership on the call today. But...there's something "we" need to say. I write this without input from Fiserv... — read more 

Bravo!!!

Whatever you are doing fiserv, keep it up. Wonderful Q2 results !!!

Encouraging Q2 results

Second quarter results are strong. Honestly, I was surprised because I did not expect double digit organic revenue. The question now is how encouraging these results are, whether better days are ahead for Fiserv or not? Is there much room for... — read more 

90 Percentile!

Frank plans to brag to clients that we complete 90% of our commitments. Unfortunately only getting up to 90% is 100% failure. 100% completion is the minimum that would be acceptable. A 90% completion rate should be attached to an apology. How... — read more 

Blow out Quarter!!!

I have to admit Fiserv earrings announced were incredible! Double digit revenue growth, client wins, investment in technology and increased guidance is stellar! Congratulations to the entire Fiserv team!

Music to my ears

https://www.forbes.com/sites/jenamcgregor/2022/07/20/in-the-return-to-office-standoff-many-workers-say-they-face-few-penalties-for-staying-home/

Stock price - pay attention

The stock crossed $100 this morning and has fallen -$1.09 since. That tells you that sell triggers were set at $100, most likely by execs. Lesson we’ve learned over time: when they sell - you sell.

6 Telltale Signs of Bad Leadership

Selfish leadership style Resistant to change Incapable of leading themselves Unable to take criticism Not acting according to their core values Cannot inspire growth Is there one among these points that doesn't describe... — read more 

Repay signon bonus?

Fiserv is a POS company but I was desperate a short while ago and took a position. Don't worry, I left not long after starting as it was even worse than I could have imagined. And they changed the job I was to do just before my start date. Pretty... — read more 

Fiserv is sorely lacking talent

I'm still not sure if Fiserv doesn't want top talents because the company obviously has no vision for the future and the leadership is only managing the decline... Another option is that Fiserv wants talents, but now it's in no way able to attract... — read more 

Severance not paid out?

Has anyone been denied or know of anyone who didn't geth their severance paid out because they deemed you did not meet their performance standards (which in the agreement is extremely vague language and not specific at all) . Our team who is working... — read more 

"Co-heads" of banking

Frank plays favorites, and having "co-heads" of an organization is not financially sustainable. It's obvious Frank is going to pick his FD favorite Himanshu over Todd. Todd's nervousness on today's town hall said it all. Todd seems like a... — read more 

Fiserv shareholders approve severance curbs

This is an interesting article that was posted in another thread and it is worth bumping up for higher visibility. https://www.paymentsdive.com/news/fiserv-shareholders-approve-pay-curb-proposal-management-objects-payments/624094/

Salaries?

Just wanted to get an idea on the salary discrepancies around here. Can you share your role and salary?

Sell

What is your trigger number to sell shares? Mine is now $102. Used to be $113. Problem is the execs who have sell triggers for a number of shares that can move the market down before we get to our trigger.

This is infuriating

Everybody and their mother are talking and publishing articles on Microsoft layoffs. We have more substantial cuts all the time but they barely get a mention. Nobody cares. But when it's Microsoft, suddenly layoffs are a big deal. I'm sorry, but if... — read more 

If Fiserv lays you off, consider it a favor

In 90 percent of cases, this will be true. Fiserv will give you decent severance and a chance to find work at a company that treats its employees better, doesn't expect them to do the work of three people for one salary, and probably offers better... — read more 

badge swipes

anyone with insider info know how the badges get tracked?

More inside info on recent layoffs

Just got my "package" email for the severance, release of claims etc. One item that was VERY interesting was they provided a table of job titles and AGES of people that are in this round. Now this is JUST for the FTS business unit. 38 people for... — read more 

People waste energy

I too have the need to vent sometimes but some people really take it to the extreme. I have a colleague who has been terribly bitter for a year but he is still here. I believe that a year is enough time for someone to find a new job. I don't mean... — read more 

Buy or Sell.

The Fiserv stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the... — read more 

Alumni

I no longer work at fiserv but I heard about this site. I feel bad for everyone here. When I worked there it was hard but it was fair and you could generate wealth. Seems things have changed quite a bit

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