So we're going to get the biggest wave of layoffs ever before the holidays ... what location is getting closed/hit the hardest. Let's take some votes. Consider it a Christmas Vacation that never ends!
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You guys do realize that DW is the greatest thing that the relationship sales base has had since Yabuki was in charge. He is kind, empathetic and treats clients with respect. I hope he doesn’t get let go-we couldn’t handle another tyrant in that seat.
@e1 it is just cannibalism. All the previous layoffs haven't bumped the price at all. Hope the big wigs realize that their stock options wont go up from layoffs anymore. Nor do they deserve it for bad business practices.
@cc You’re just seeing the post First Data Walking Dead. It’s everywhere. Lincoln is probably a little insulated because all the FD people are in Omaha. FD/FB broke us all. Not just Lincoln.
Hopefully DW number finally comes up, what a clown he is! Hides in every corner not to work. His wife is on every work trip big or small with him. So tired of this nonsense -Good riddance!
@cw im not sure they want to hide layoffs anymore. Nothing like a 15% to boost the share price 10% for making "the hard calls."
@cb I think you have ways around that. Like if the threshold is 100 people you just do rolling layoffs of 50 over 2 weeks.
@bc we have way too many Director level associates in my BU alone (credit risk)
LNK will probably get hit pretty bad. The buildings are effectively falling apart. Everyone walks around with a depressed look and nobody talks to each other anymore; it is heads-down and tune-out.
@c8 wont they need to rise warn notices around now if the cuts are that deep ?
This upcoming round is expected to be the worst in FD/Fiserv history. Keep your resume ready. I’m also hearing that employees on visa sponsorship could be impacted in the next round because the current government is looking at whether layoffs are affecting U.S. citizens or noncitizens more.
@a6 I'm in BH and heard similar story from my VP. We'll see how bad it really is.
Hopefully more leeches especially Directors and above.
Is it confirmed? This one will be bad for business
BH. Supposed to be real bad, but silver lining is there wont be parking issues afterwards.