Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

The Old Fiserv is dead

I retired from Fiserv several years ago and before the First Data whirlwind hit full hurricane force. Have read the shills here and the ride the rocket junk for a long time. All my team left on their own. And the recent massive layoffs should... — read more 

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| 1882 views | | 3 replies (last October 17, 2022)
Post ID: @OP+1jfXKzky

I was told I was a WFH RIF

I had my VP call me the day I was let go, right after I was informed. I was told I was a critical position that they cannot do without, but they were given no choice… it was mandated they had to let me go because I was WFH. What makes me upset is... — read more 

Not enough people left

They tried to bully people into leaving by pushing RTO for everybody, with no exceptions (or at least none that I know of). If we quit, they save money. Things didn't really work out as well as they hoped, or so it seems, so now they're having mass... — read more 

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| 2250 views | | 9 replies (last October 17, 2022)
Post ID: @OP+1jfIDnuM

I'm moving on

Fiserv is no more, there is no place for me there. There is nothing bringing back my department and my coworkers. It was great while it lasted. All my energies are now in finding a new job in this much tougher environment, and deal with the fact I... — read more 

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| 2045 views | | 2 replies (last October 17, 2022)
Post ID: @OP+1jetfaOl

Corruption everywhere

The board of educators director, Richard Buccarrelli, where Henry Besignano, FB’s son go to school is also given an SVP position at Fiserv. Even the city where FB lives is fed up of this FB crook. He is so dirty! He has his hands everywhere and... — read more 

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| 3180 views | | 9 replies (last October 18, 2022)
Post ID: @OP+1jePKoWz

Recommendation

Many of you started receiving additional projects from the associates that were let go. STOP 🛑 accepting more assignments. say NO! You are already overbooked, you are only compromising the quality of time with your family and quality of work product... — read more 

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| 1460 views | | 8 replies (last October 18, 2022)
Post ID: @OP+1jegFzTU

Inside HR info

Next week is “International Be Happy You Didn’t Get Laid Off Week” on Fuel.

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| 2650 views | | 7 replies (last October 16, 2022)
Post ID: @OP+1jd9suOF

Run!

Account processing Associates if you're not sure what kind of company Fiserv now is just ask JPL and he will tell you you work for a payments company and that you are an operator in a payments company. He will sprinkle in a few f-bo--s , to make sure... — read more 

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| 2460 views | | 2 replies (last October 15, 2022)
Post ID: @OP+1jdlNqd8

Fiserv Board of Director #2

Recall I posted a profile on board #1, Ms Wafaa Mamilli, the oncology sales lady / dog food specialist. FB checked the diversity box with this - like we can’t find a lady with FinTech expertise - Many bright ladies out there! It is all part of FB’s... — read more 

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| 2110 views | | 3 replies (last October 15, 2022)
Post ID: @OP+1jd3V8kn

Severance Package

Can people who have been laid off post what their severance packages look like? I’m afraid it’s only a matter of time till the axe falls and am worried about the timing with the end of the year and finding something new. I have a baby so any info... — read more 

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| 3590 views | | 6 replies (last October 18, 2022)
Post ID: @OP+1jcYOfsw

Something unexpected happened

I told my wife that today was my last day… I’m officially laid off. I thought she’d be upset but instead she said “so no phone calls or emails to worry about?” Nope, I replied. So let’s celebrate, she says and proceeds to nudge me to the bedroom. ... — read more 

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| 3050 views | | 9 replies (last October 17, 2022)
Post ID: @OP+1jcxc1hW

We are almost at the rock bottom

All I can do now is send as many resumes as possible and hope I get a new job before I'm laid off. In any case, I don't want to be here much longer, even if I survive the cuts. How far is Fiserv from rock bottom? It's scary to even think about the... — read more 

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| 1790 views | | 2 replies (last October 14, 2022)
Post ID: @OP+1jclJ4mh

The talent is getting worse

I used to be inspired by my peers, but lately I am d-mbfounded by their actions. All my mentors have left already. I will not learn anything by remaining at this company, I have to leave now.

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| 1262 views | | 3 replies (last October 17, 2022)
Post ID: @OP+1jceBuOp

We pay for Frank's mistake

When I joined Fiserv, Jeff Y was running the company and all was well. Fiserv and First Data merged and next thing I know Jeff is retiring and Frank takes over. Frank decides to move the mgmt to NJ from WI and buys a huge building that he needs to... — read more 

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| 2940 views | | 9 replies (last October 16, 2022)
Post ID: @OP+1jcIGBa6

Shareholders have no idea what's going on here

The impact of the actions taken this quarter won't be felt by the shareholders until the next quarter when customer start deconverting or worse suing. The street has no clue what's going on on the inside and how that will impact the banking side of... — read more 

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| 1573 views | | 3 replies (last October 15, 2022)
Post ID: @OP+1jcopb5L

Screen recording

FB has been recording screens. If you notice your cursor acting laggy for a few seconds periodically, then your screen is being recorded without your consent.

Talk with me?

We continue to follow this story, and any information can be helpful. Thanks to those who have reached out. I hope to connect with more of you. You can reach me at cmullen@industrydive.com -- Caitlin Mullen, Payments Dive reporter

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| 2760 views | | 14 replies (last October 15, 2022)
Post ID: @OP+1jcVxFiH

The almighty dollar

The almighty dollar is all FB cares about. He supports RTO and layoffs tighter than a brown jockstrap. He is nothing but a money and power hungry tyrant

by
| 720 views | | 1 reply (October 19, 2022)
Post ID: @OP+1jcc1Ciq

Massive DNA Layoffs

DNA is is circling the drain. Most tenured employees left when they were told to move to Frisco, Alpharetta or Berkeley Heights if they wanted their jobs. So they left and found better jobs. Mass exits. New hires are struggling. Many aren’t even from... — read more 

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| 3830 views | | 8 replies (last November 15, 2022)
Post ID: @OP+1jcxb2Q7

Sad

To my banking customers, I am sorry of what is happening to the quality of work, simply it is not me, I have no one else left I can leverage to assist with your implementation or follow up. I urge you to bypass your RM , if you still have one, and... — read more 

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| 2030 views | | 3 replies (last October 15, 2022)
Post ID: @OP+1jc98ESS

Constant layoffs are an indicator of a failed CEO

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 

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| 1510 views | | 3 replies (last October 15, 2022)
Post ID: @OP+1jcM490Q

how to survive layoff

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

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| 770 views | | no replies yet
Post ID: @OP+1jcQlyeZ

RIF's are going to continue into Next week

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 

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| 2100 views | | 5 replies (last October 18, 2022)
Post ID: @OP+1jcZ0nmm

Confused and Sad

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 

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| 1811 views | | 2 replies (last October 14, 2022)
Post ID: @OP+1jcehhs3

State of Premier?

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 will only miss some people

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 

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| 1380 views | | no replies yet
Post ID: @OP+1jbXVlUC

There's nothing normal about this

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 

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| 2190 views | | 7 replies (last October 14, 2022)
Post ID: @OP+1jbkdkNW

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