Thread regarding Fiserv Inc. layoffs

Goodbye and welcome to fiserv!

Anyone else get laid off and less than a month later get an email from HR offering a chance at a similar role? I'm guessing the similar role will pay less, probably not come with your seniority since you've been gone a month. And since you're on a new team, even if you do keep your seniority you're the new person on the team, so less likley to be kept if push comes to shove. Obviously you'd give up your severance if you take the role.

I'm guessing you'd get laid off again in a month or two with no severance due to no seniority.

Just curious if anyone else had this happen and your thoughts on it. Personally, I'd rather take the severance and work towards getting a role in a less toxic company.


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| 93 views | | 10 replies (last 27 days ago) | Reply
Post ID: @OP+1m4yfx2gs

10 replies (most recent on top)

@k8 Just don't respond to or open the emails (read receipt). You can always claim you haven't seen any offers from them. Don't answer their calls either... until you're ready.

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Post ID: @kg+1m4yfx2gs

@h6 Valid point. Where I'm at UEI pays so little that a month of it doesn't even cover a single mortgage payment. I signed up for it. But haven't claimed any money from it yet. Also having to look for and document looking for work their way is way more effort and restrictive than just job hunting the normal ways.

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Post ID: @k8+1m4yfx2gs

Be sure to review the rules surrounding unemployment in your state. Turning down a position that you are qualified for may jeopardize those benefits.

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Post ID: @h6+1m4yfx2gs

It is normal. You will get letters for about a year after you were let go.

They aren't trying to recruit you. They just send job listings to all former employees who meet 51% of the requirements. Your former manager is the one who decides if your job was close enough to the new opening.

It is annoying but the letters do eventually stop.

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Post ID: @cz+1m4yfx2gs

Return to Fiserv? I'd only go back if I'd already perfected the Superman III penny-skimming plan and briefcase full of gasoline and a Swingline stapler. Otherwise, I'll take the severance and spend it on a hotel stay at The Villas like that ad up top is begging me to.

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Post ID: @cx+1m4yfx2gs

Fun fact: if you get rehired within 12 months, you keep your service hour clock and your PTO clock.

Don't start up employment until your severance period is up.

That's what I was told during my exit interview because I asked about it.

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Post ID: @cg+1m4yfx2gs

I got the same kind of email last week. I am not interested. The way they managed was not suitable for me. I was micromanaged out of a job and put on a pip right when I started. And they did not even give me the job I interviewed for.

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Post ID: @c3+1m4yfx2gs

I already got my severance. So I would not expect a call back.

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Post ID: @ac+1m4yfx2gs

You'd be crazy to pay back your severance and start over again with no protection

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Post ID: @aa+1m4yfx2gs

First I've heard of it. Maybe they are realizing the XLS they use to select people is off.

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Post ID: @a5+1m4yfx2gs

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