Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

No one

There’s no one left at fiserv that ever built anything. At best they have managed and operated other peoples work. But original talent is long gone. Yes even Ohio people

Q2 layoffs?

Anyone heard if/when Q2 layoffs are happening?

Unionize?

Why doesn't someone form a union at the New Jersey office? It's not like they could shut it down.

Alternative Universe

Interested the two separate and completely different takes on the company, it’s leadership, it’s prospects for future prosperity. One the one hand you have those who represent the work from home or those who’s sites were closed and asked to consider... — read more 

I don't want to leave Fiserv

I hate change. I've been here long enough to feel comfortable and hate the idea of leaving just to start from scratch somewhere else. However, Fiserv has been making it so hard to not consider leaving. So much negativity, so many layoffs, atrocious... — read more 

In 2 years

I went from a far exceeds to a meets most to fired. With over 20 years with the company and the highest engagement scores in the division. F Fiserv. It’ll happen to everyone one day

Employee immunity during layoffs

Ever since Fiserv laid off a colleague who was a great performer and talent, I’ve been getting less done in eight hours than I used to get done in twice as little time. I see no sense in putting in effort anymore. Have you noticed how some who... — read more 

New waves of people axed without warning

Heard they aren't even warning people that aren't going into the office, just outright termination. I assume they are still having hard time filling the quota for hires at the NJ office that one one wants to go to nor can they even afford to live in... — read more 

Mass layoff schedule date change

They told us that we had until mid December and that's what we signed off on and now we are hearing that we might get canned in two weeks?! Are you guys hearing this ?

I wasted three years of my life at Fiserv

I had to work for a manager with no management skills, put in unreasonable hours, and deal with toxic team dynamics. There are so many other small things that added to this being the worst working experience in my career. I don't even care if the... — read more 

Layoffs

I just heard from a coworker at another Fiserv business unit , confirming Frank fired all their sales team! This dude is crazy! Without any planning. Stock soon to $10. If he believes clover will save the day, he is dreaming.

Not a good career move

Joining Fiserv now is not a good career move for anybody other than maybe people who are just entering the workforce and can use this place to make connections, get a year or two of experience, and then run away as far as they can. If you're... — read more 

Saw my first Clover Device in the wild today

...and I have one question: Why is it such a security nightmare? It shows the PIN Pad real HUGE and plain as day, so everyone and their brother can see the PIN number being punched in. Only a small matter to mug the unfortunate after they leave and... — read more 

Layoffs are coming

Just heard that Layoffs are in process for end of the month. The 2nd quarter numbers not looking strong so cut everything to the bone to make a 3rd quarter rebound. Stock forecast at $75 after earnings report.

Fiserv needs leaders who know how to run a company

I think anyone could run a company the way Fiserv is now being run. It is not easy to run a company, but I've heard better ideas from my colleagues than from our leadership. Are any of them still interested in the future of this company?

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Post ID: @OP+1hd3DVl0

Hiring freeze

Hearing there is a company-wide hiring freeze. I wonder if NJ site is an exception as he promised the Governor a bunch of jobs. If not, I bet the Governor feels duped but it was bound to happen sooner or later. Same s*** FDC pulled in Nebraska to get... — read more 

Yabuki's linkedin ?

Does anyone find it strange on Yabuki's linkedin page, he doesn't mention Fiserv anywhere? Wouldn't you want to list being a former CEO of an S&P 500 company as part of your experience?

Recession.

With the pending recession Frank will have all the leverage. He will say jump, you will say how high sir? Going to be a heck of a lot less astronauts as well. Going to be work time folks. In the end, this will drive large value to fiserv loyal... — read more 

Gross profit margin

Of 50% and a NOP of 9%? Goodness someone sure has lost their financial discipline. And people good with math still left there?

Good employees leaving in droves

I'm not so marketable anymore and that's why i'm still here. I remember when the company was teeming with talented employees and it was a pleasure to work with them. Isn’t it awful how few talented people are left here? A company without... — read more 

Total lack of vision in tough times

If this leadership has proven something in the past year or so, it's that they completely lack the vision to run this company through tough times. It's easy to temporarily inflate numbers through cuts, most of them layoffs. Ensuring higher profit... — read more 

RTO mandate should apply to directors and above only

No hate on directors, just saying younger or lower ranked employees are getting screwed by the RTO mandate disproportionately. Some of us weren't homeowners before the insane price spike the last few years, and our raises have been completely blown... — read more 

Every colleague's departure is stressful

I have been trying to leave this miserable place for months now. I am partly to blame because I did not try to leave earlier. Now I'm worried about which of my colleagues will leave next, because I'm overloaded. Anyone else having this problem? I... — read more 

Serious question

With interest rates rising, is this a concern for the amount of debt fiserv has. Or has this been mitigated in some way already

Return

I would not rule out a return of Jeff yabucki to right the ship. Walk street is losing patience with Frank and nothing would fuel Jeff’s ego more than a chance to show up the guy that double crossed him. Honestly, I’d return for that ride — read more 

Good Riddance Soon and Good Luck

Late last year when the "site strategy" was announced and I, as a remote, was told to either move to NJ or basically get the h**l out, I was hurt about the approach the company was taking. I was in a position where I was shown the door and after so... — read more 

Honestly

Fiserv is pretty progressive and supports employees well. I’m 20 year plus and moving to Berkeley from the Ohio office. I’ve had nothing but good experiences since the acquisition. Although I do think they bought us

It isn't any better on this side of the Atlantic!

I am based in the UK and after much soul searching have made the decision to resign and accept a new, fully remote role. I started working for FD 7 years ago. As much as people say the merger has ruined Fiserv, it's funny because that's actually how... — read more 

Chatter

So much chatter on this site. The stock is at $98 and it doesn’t look for job growth if this keeps up. No office relocation is going to help this

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Post ID: @OP+1h2gh9oa

Ohio + Berkeley

Becomes the best fintech on the planet. We remove the last of the OFS deadwood and get this thing rolling. Doesn’t hurt the neighborhood around the office simply rocks. Can’t wait to be on-site !!!!!

I like my job once again

Being laid off from Fiserv was not fun but in the end, it was something I needed to break out of a rut I was stuck in. I accepted that being unhappy at work is a normal thing and that everybody was in the same boat, so I had to suck it up. My new job... — read more 

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