Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

RTO Real or Not? Favoritism? Lies?

I don't understand "more than not" in office rules for all associates. Some people get full remote exemptions. Some new hires don't have to go to the office. Some offices are half-a-s on on the requirements. On the other hand, Jersey offices are lock... — read more 

Layoffs in new "banking division"

Rumor is end of Sept. Who has details? Sounds like it will be the remaining remotes but no word on how many will be affected yet.

Funny LI posts

Every time I see one of those LI posts where newbies express "immense pleasure that they got the chance to work here and how grateful they are for the opportunity", I don't know is it more sad or funny. I wonder how long that "pleasure" will last? — read more 

Life is better outside of Fiserv

Do you know of one person who left Fiserv in the last several years on their own - or even those who were laid off or fired - who is not much happier and healthier today? I do not. Every single person I talk to is better off in general and is happy... — read more 

Berkeley

I love fiserv, it gives me many personal and professional options

Open letter to Frank

It has become obvious that the RTO strategy isn’t working. You admitted how well productivity was during the WFH period. Everyone can collaborate with Teams just as well from home as the office. Why not allow WFH again, which will reduce costs. ... — read more 

Replacing tools with freeware

Why does a company that keeps saying security is important keep replacing tools with open source/freeware?

Bring your own laptop

How is it going being on call and having to use your personal phone? Did they ever work out the on call pay for First Data employees? How about internet reimbursement, still gone? Remember they got rid of phones for you not for Fiserv. Ok... — read more 

Relocation

If you can't relo to NJ, how about Coral Springs, Brookfield or Alpharetta?

What discourages you the most?

Employee morale is very bad. Managers do not bother to do anything about it. I somehow overcame the company's inability to offer me much in terms of a promotion and development, but the insecurity of my job here discourages me the most... — read more 

Chatbot Shills

I honestly believe that many of the shill-cheerleader postings done here are being perpetuated by chatbots. There are some telltale signs - common words/ wording, common themes. “Ride the Rocket” for example. Surely there are some human shills... — read more 

Taxes

Remember when Trump decreased corporate taxes and Fiserv saved millions. Other companies used some of that money on employees. Jeff decided not to give any to the employees. He did say they would look at benefits. Benefits didn’t get any better. Now... — read more 

The FB Plan

I am curious how the Ohio transplant knows what FB’s plan even is, since FB himself has never articulated one. When FB arrived in 2013 he told everyone not to be concerned about going public and that he himself doesn’t think about. We went public... — read more 

Terrific Company

Outperforming all others. Anyone object who follows our industry knows that, so for the 200 upset because you can't work from home anymore, your comments are ringing more hollow by the day! Read todays article by Evercore - "Fiserv Disrupting the... — read more 

Revolving door

Good employees continue to jump ship and if we get a replacement that's any good he or she is gone within a few months. Sad state of affairs indeed. This whole place is falling apart but few people care. Frankly, I don't give a damn anymore either... — read more 

Learning and development at Fiserv

I keep my head down and get my work done, while in the meantime I'm looking for a new job. What I am only now becoming aware of is how much my skills have atrophied here. No, I don't think it's just the fault of the individual employee. I think... — read more 

Next round of layoffs

Be honest here, no fear mongering. Based on history, what we're hearing, earnings, etc, when do you think the next round of layoffs is coming? The few remaining remote people are guaranteed getting the ax in the next one and need to know how much... — read more 

I'm shocked we have any talent left

And we do. There are plenty of amazing people who are excellent at their jobs and still working at Fiserv. People any other company would love to have. I don't understand why they're still here, though. The company has been doing all it can to... — read more 

In print now

https://www.paymentsdive.com/news/fiserv-makes-staff-cuts-layoffs-employees-payments/628821/ "Thoughts and prayers" to those left behind...

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 

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