Thread regarding Fiserv Inc. layoffs

RIF’s

Any word on RIF’s? It’s concerning certain teams got not merit increases.

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| 1702 views | | 3 replies (last May 7, 2025) | Reply
Post ID: @OP+1jtg80nam

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Pretty sure that this year, more than 3% was projected to be needed to pace inflation. Something like 5-6% was needed I think. During covid, it was like 11% needed. Even with raises, we literally have less spending power year over year for the past decade at 3%.

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Post ID: @kj+1jtg80nam

@a6+1jtg80nam If you got 3%, you are paid as if you learned nothing useful at Fiserv and your experience with Fiserv isn't respected. Same story either way.

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Post ID: @gt+1jtg80nam

If you didn't get 3%, you're essentially getting a pay cut since your spending power is less with inflation. Start applying for companies that respect you.

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Post ID: @a6+1jtg80nam

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