Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

Reputation totally ruined

I am starting to feel ashamed that I am still in this company... The company's reputation has been so ruined that I no longer know anyone who will say anything nice about Fiserv. I know people who desperately need a job, but by no means want to... — read more 

Good news

Now we just need an even double to hit $200. When does that happen again

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| 1200 views | | 6 replies (last January 29, 2022)
Post ID: @OP+1f0Ol0dI

Farewell!!

I've been trying for year's but can't seem to get laid-off. I finally out in my notice, in laying myself off. I couldn't take the awesome leadership of this company any longer. This place is totally going to dominate the market and nothing will... — read more 

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| 1464 views | | 1 reply (January 30, 2022)
Post ID: @OP+1f0ScP8M

Is anyone trying to keep a job here?

As far as I can see, everyone is trying to get out of here, rarely does anyone try to stay here. I am sorry that some wonderful colleagues have left, but I am also glad that they found better opportunities. I’m not that marketable and honestly... — read more 

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| 1940 views | | 9 replies (last January 28, 2022)
Post ID: @OP+1eZtXmyb

February

February is equity maturity month, meaning VP and above cashing in big time. Stock appreciation doesn’t matter because they receive RSU’s. Think stock at zero cost. So it’s 6 figure party time followed by March bonus time. Have a VP buy you... — read more 

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| 1661 views | | 2 replies (last January 26, 2022)
Post ID: @OP+1eZDJk9q

Stop Talking and start doing!

The least you can do is go leave a Glassdoor review! Go tell your story there!! Warn future applicants of the nonsense we endure at CrapServ

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| 1344 views | | 3 replies (last January 26, 2022)
Post ID: @OP+1eZzFYiy

How much more do you earn now than you've left?

Due to the imbalance in Fiserv's salaries compared to its competitors, you can make more money by starting to work at a competitor now, then you would if you waited a few months for a severance. If the pay was about equal, then waiting for severance... — read more 

Who’s supporting our clients?

I’ve said it before and will say/ask it again. Who will be supporting our clients when everyone with knowledge has left? The rate at which advanced knowledge is leaving is the highest I’ve ever seen in my career anywhere. Out of 16 , my team lost 7... — read more 

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| 2110 views | | 8 replies (last February 2, 2022)
Post ID: @OP+1eZtLoVe

Layoff ~ Desktop Support

The shoe hit today. All those people who have been making sure that Fiserv survived the shift to remote work just got their notices today. Two meetings, about 80 people. mid April is their current end date. Being replaced by a contract company... — read more 

Forum Virtual in 2022

Hearing Forum is virtual again this year. Interesting our clients want us back in the office however our leadership has no problem hiding behind COVID when convenient. Frank and team are afraid to confront client c-suite execs outside of scripted... — read more 

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| 1783 views | | 4 replies (last January 28, 2022)
Post ID: @OP+1eYGCKhd

Vax rule has been withdrawn from OSHA

Eff you Frank and the fiserv leadership that FORCED people to get the vax of lose their job. This should have always been a personal choice. For those of you pro vaccine, I am fine if you want it.

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| 1370 views | | 8 replies (last January 26, 2022)
Post ID: @OP+1eYBsWZs

Internal job change

Trying to change the job within Fiserv. I was told that there is cap of 7 percent in comps regardless of the location. How true is it ?

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| 1690 views | | 9 replies (last January 26, 2022)
Post ID: @OP+1eYZr3jo

Back to office?

Anyone heard info on when the 2nd “Great Return” will take place?

Spring

Will be here soon. I will be finding housing in the great state of NJ and leaving behind the mess I made in Ohio. Cannot wait to make this company the greatest in the history of fin tech.

Head of HR has never been to Arkansas

So he claims: https://storage.courtlistener.com/recap/gov.uscourts.arwd.64850/gov.uscourts.arwd.64850.12.1.pdf Execs also lie about severance: https://storage.courtlistener.com/recap/gov.uscourts.arwd.64850/gov.uscourts.arwd.64850.3.0.pdf

Please Lay my OFF!!!

This place has completely flipped on its head and its coming straight from the top. Client's are noticing and planning their exits. Trust me, I work with major logos and hearing this first hand! Fiserv is a bloated dinosaur and Frank thinks he can... — read more 

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| 1850 views | | 5 replies (last January 25, 2022)
Post ID: @OP+1eWPbYPe

I left in 2021

I left in 2021 during the WFH time period. My team was great and only left because a new opportunity came my way. My colleagues were good and we had a great team culture. I am a bit shocked about all of this news. I didn’t like sapience buddy though... — read more 

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| 1543 views | | no replies yet
Post ID: @OP+1eW6vVVz

I want to thank Fiserv for all I've learned here

This place has taught me many valuable lessons in the several years I've spent here. The kind of lessons that'll help me throughout my entire life. I have learned so much about greed, nepotism, and how toxic work environments function and affect... — read more 

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| 1700 views | | 5 replies (last January 24, 2022)
Post ID: @OP+1eVP9TGH

Agile doesn't work well

For some projects, agile is simply not good but they still force it. Why force something that doesn't work?

Get out while the getting is good!

Y'all - I was laid off in September and Fiserv gave me a severance package. Not great, but a bone, nonetheless. Here's my advice to y'all: get out while the getting is good. If there's been anything good about the pandemic, is that it's opened up... — read more 

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| 1950 views | | 6 replies (last January 21, 2022)
Post ID: @OP+1eTGhR3H

New Banking Organization

The great leader announced today that Account Processing (Cores), Card Services some payment products and risk will be combined into one 'Banking organization' to quote 'accelerate technical integration of our solutions'. Another illustration of how... — read more 

Fiserv was never great

As someone who has worked at Fiserv since the 90s, Fiserv was never "great". I never ever heard anyone use that word to describe Fiserv when it was supposed to be "great". There has always been an oppressive mediocrity at Fiserv. Every time someone... — read more 

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| 1880 views | | 2 replies (last January 20, 2022)
Post ID: @OP+1eTjtotf

Is bonus prorated?

Does it get paid out if you are laid off near the end of the year?

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| 1400 views | | 5 replies (last January 21, 2022)
Post ID: @OP+1eTiyOkB

Frank...

What decisions could you possibly make on a daily basis to warrant your compensation package? Help us understand why you get paid so much while those of us in the trenches keeping this ship afloat get paid so little.

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| 1180 views | | 3 replies (last January 20, 2022)
Post ID: @OP+1eT0RG8a

I envy those who are laid off

From round to round of layoffs I've come to realize that surviving layoffs is just an extension of the agony. Nothing changes for the better. I believe that many now, exhausted and demoralized from the whole situation, envy those who got laid off?... — read more 

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| 1305 views | | 1 reply (January 20, 2022)
Post ID: @OP+1eSumMqA

Company is lead by a bunch of greedy grey-haired's

The entire Executive Team is fixing to retire very soon so they are laying off lots of people in hopes to boost their stocks one last time! This is why so many people are being laid off and every dept is running thinner than Frank B's hairline. You... — read more 

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| 1256 views | | no replies yet
Post ID: @OP+1eS43EvO

Your job is what you make of it

You can make work your priority and give the company your best and then some just to see it pay you back by treating you like dirt OR you can do just enough to not give them a cause to fire you and enjoy the extra time you get to spend with your... — read more 

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| 1280 views | | 5 replies (last January 19, 2022)
Post ID: @OP+1eSLMveR

Exit strategy

What is your exit strategy? I have been thinking about leaving for a long time, but now I have given myself a deadline to leave by the end of February. I have some savings so I am no longer afraid of a turbulent start from scratch somewhere... — read more 

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| 1540 views | | 5 replies (last January 19, 2022)
Post ID: @OP+1eRg8gqH

Fiserv was a great company

From this perspective, it now seems incredible that Fiserv was ever a good company. And yes, it was. It was a company in which I personally felt very comfortable working, and back then I couldn't even imagine what things would look like today. Surely... — read more 

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| 1480 views | | 4 replies (last January 19, 2022)
Post ID: @OP+1eRWZcI0

Any news on the Technology Org?

Just as the title says. I see a bunch of folks getting let go from sales, management, customer facing orgs...I have seen or heard anything about the technology organization. I figure this is coming.

Positivity

A lot of good can come from Frank's policies. Here are just a few positive points to consider. Fiserv will shed excess clients, thereby lightening the workload and reducing stress on support teams. Stock price will continue to rise as clients... — read more 

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| 1770 views | | 3 replies (last January 18, 2022)
Post ID: @OP+1eQ7XiHI

Fiserv Leadership & HR must be doctors

Remember the day Frank & team(8 white guys sitting at Board table virtue signaling with masks) announced they know what best for all Fiserv employees health... Take the jab or else you’ll get fired. Could that be the reason everyone is leaving. Frank... — read more 

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| 2070 views | | 6 replies (last January 21, 2022)
Post ID: @OP+1eQa0vhO

I'm exhausted

Having constant layoffs and having to navigate through this toxic culture takes a major toll on our mental health. Even if you are "lucky" to survive the layoffs you still have to deal with survivor's guilt and continue stressing over the next round... — read more 

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| 2030 views | | 6 replies (last January 18, 2022)
Post ID: @OP+1ePI1LAk

Citigroup to implement COVID vaccine mandate...

The recent decision by the Supreme Court is apparently not preventing companies from implementing their own COVID vaccine mandate rules... https://www.youtube.com/watch?v=xncFXhhonR4

Wasn’t

This stock at $127 once? What is Wall Street’s attraction to this Frank guy. He’s not making them money

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| 1600 views | | 8 replies (last January 15, 2022)
Post ID: @OP+1eNNQuwb

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