It's getting more difficult each year to cover up the impending implosion.
Congratulations Fiserv team!
Huge win with a Beat on EPS and Revenue combined with Finxact acquisition is BIG NEWS!
Fiserv up!!!
Pre earnings!!!!!! The rocket launches this week!!!
Poor Finxact
Acquisition of Finxact today. Yep. Another company to gut. Their CEO will leave. Ironically his name is Frank too. And all these poor employees have no clue what is coming. Prolly being told the same sales pitch we were told when OFD took over. ... — read more
Strange how so many posts…
Try so hard to get people to resign. Why would the person be on this site in the first place if they ‘have resigned’? When someone try’s to push you so hard to do something they haven’t done you should be skeptical. As for me I will make up my own... — read more
I envy those of you who can leave any time you want
I'm not in a position to just quit my job, as some keep insisting all of us who are complaining do. I need my job. Changing companies right now would be bad for me for several reasons. I would not be able to earn what I earn now (trust me, I... — read more
Record low layoffs (other than at Fiserv, of course)
I just read an article on how the trouble with hiring has led to record low layoffs and firings. I guess our ELT didn't get the memo, though. While everybody is trying hard to keep the employees they have since they know there's nobody to replace... — read more
RTO for Teams Meetings?
Imagine if there was a CEO with a brain and small amount of common sense? “Expecting workers to return to the office just to sit on Zoom or phone calls "makes no sense," according to American Express chairman and CEO Steve... — read more
Massive Fiserv OFD Data Breach
Any hear about the massive data breach from the OFD technical spec site? Seems like it involved a number of acquiring banks, large businesses and employees...surprised it hasn't made the news yet.
Performance Review and compensation
Has anyone had performance review for comps ? Is it still regular 2-4%. If it is then I need to start looking for jobs like yesterday
Any current employee.....
any current employee who agrees to move to Berkeley Heights, NJ to save their job and currently lives in another state will be making a career/life mistake. Stay where you have roots!
Dealing with inflated egos
I'm finally leaving. What a relief! The impression I got after 7 years of working here is that Fiserv is a place where you spend more energy dealing with inflated egos than doing the actual work. At the same time, this is the reason why this company... — read more
Frank snuffing out Bank Solutions
Slowly but surely, Frank is eliminating every trace of Bank Solutions by pointlessly renaming it to "Account Processing" or "Premier" every chance he gets. The next step will be to lay off the rest of the unit and then ramp up the Clover emails as a... — read more
earnings report
I realize the earnings report will be skewed by attrition, but do you guys think I should sell my stock now, or hope the overinflated earnings report will temporarily spike the price and sell then?
MTO this week
Hearing people are being told their fate this week? Anyone have these conversations yet? End date is 12-15-22. Enough time for everyone to find a new job and Frank to not pay severance or transition bonus.
How is that stock rocket working for you?
Rocketed from 109 to 106! When was that 125 or better yet 200 coming?
Frank's network DDoSed offline
Frank it looks like you laid off the wrong person and now your delicate network is being DDoSed right into the dumpster.
We all know what's the biggest problem here
Until the CEO is removed along with the entire executive leadership team and replaced with people who are competent and who know how to run a company of this size, nothing will change. The ELT is the source of all of our issues. I can't figure out... — read more
Frank's RTO plans imploding
For some locations, the RTO date has been bumped to Feb 21. It's fun watching Frank's RTO plans burst at the seams, making him look like a complete and utter fool.
Next week
I start losing 9 hours a week of my free time sitting in traffic again for no reason at all. Gas is $3.25 a gallon, so I have to budget for fuel now (I was hired 5 years ago as a remote employee, so this wasn't originally part of the deal). So less... — read more
Been here
Checkfree to fiserv to first data. Heading to Jersey this summer. First data folks are by far the least talented competition I’ve had. And bluffing Frank at dinner wasn’t that hard. He doesn’t seem that smart. See y’all soon — read more
Not World’s most admired
Fortune rankings for 2022 came out today. Fiserv did not make the list. I guess you can’t buy this award after all. I guess that’s why they are making a big deal out of the ‘great place to work’ certification (?) in LATAM. I laughed when the... — read more
My behind........................
itches...............................or wait, is that another email saying how GREAT a place Fiserv is to work! What a JOKE this place has become. Been here PRE-Checkfree, PRE-ITI days and NEVER seen it this bad.
I'm still counting on severance
People seem to enjoy causing panic and imagining the worst case scenarios, like the one that we shouldn’t count on severance pay. Is the intention behind it just to scare people? The rumors like that are circulating, but it is not at all clear to... — read more
New York Boulders Introduce Clover Stadium
In case you missed it.. Clover Stadium.. https://www.nyboulders.com/news_article/show/1205267 btw.. Makes NO sense.. s/b Clover Stadium by Fiserv else people think its just luck or grass.
Fiserv Certified as a Great Place to Work
Where is the U.S. survey? (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, has been certified as a Great Place to Work® in Mexico, Colombia, Panama, Argentina and Uruguay. Credibility: Associates... — read more
Which hits 200 first?
The stock price or the number of employees left? I'm taking bets.
We're right on schedule
As has been stated before, Frank is aiming for a 5% headcount reduction per quarter. If we start in Q3 2021 and run it forward, (Q32021, Q42021, Q12022), we get a headcount reduction of 15%. Doing the math from 44,000, that currently puts us at about... — read more
Yo HR, Pay Better
Received a 3% "raise" from last year which doesn't even come close to the rate of inflation. Anyway, I'm leaving and am receiving a good bump. For the sake of the folks still around and that stock price that everyone cares about, pay better :)
It’s running
Stock is way up prior to earnings. It’s going to RUN now !!! Board of directors LOVE Frank
More layoffs coming....
I heard through the grapevine that there are two more large scale layoffs coming at the end of March and June. Severance is being given, so try to hold out.
To anyone considering working for Fiserv...
Just keep looking, do not accept the job offer, turn down the interview, save yourself!
Play their own game
We are constantly expected to do more with less. It might be the time we turn around and start playing their own game. Do less but make sure to act like you're doing more. Do busy work that's easy and make sure it takes a long time to finish... — read more
Privacy concerns
You have no privacy when working for Fiserv with all their spying software installed on your work laptop. You can't even look for a doctor without them knowing. Looking for a specialist? They'll know what health concerns you have and your state of... — read more
The upcoming earnings report
I always get annoyed by how they try to present everything much better than it is, and the truth is that the company here has never been doing worse. Soon they will announce quarterly and full year financial results and I only know that it will have... — read more
The end goal
I've been trying to figure out what could be the ELTs end goal here, but I can't. Other than destroying the company (which makes no sense since they'd lose their golden goose as well). So can somebody tell me what's the aim of the strategy that is... — read more
Layoffs achieved nothing
We are not a better organization in any way, shape or form than we were before the ELT decided to spend a year or so with practically non-stop layoffs. The stock didn't skyrocket as some predicted because "Wall Street loves layoffs." Work certainly... — read more
How many let go
We went from over 44000. To 36720. I saw the number in workday as headcount when looking for w-2.
How much spying is going on at Frankserv?
We have talked about this on the board, but truthfully how much spying is going on? https://www.efinancialcareers.com/news/2018/04/jpmorgan-peter-thiel-palantir-goldman-sachs
Alpharetta Location Layoff's ?
Anyone heard anything in Alpharetta they are having meetings today wont be long before notices go out