Thread regarding Fiserv Inc. layoffs

Brookfield to Downtown Milwaukee move date

Doubt this happens in 2023 although that is what mgmt. is saying. What about ALL the servers/mainframes? N O way they get that equipment relocated in 2 years or less.

by
| 2082 views | | 17 replies (last March 8, 2023) | Reply
Post ID: @OP+1laEvYvD

17 replies (most recent on top)

Target Daye is October now

by
| | Reply
Post ID: @nydu+1laEvYvD

To move the entire DC wouldn't involve loading onto a truck and taking it to the new place. They would load new servers/storage at a new site. Even with that it would be quite a time-consuming project. Not sure they could get it all done in one Sunday or Sunday/Monday holiday. I think Azure/AWS is what they would do if they ever decided to pull out of the Brookfield DC.

by
| | Reply
Post ID: @hwrc+1laEvYvD

Last week one morning in Brookfield I saw a huge “equipment movers” truck with what looked like servers loaded on to it. I got an email saying my Brookfield share drive was moving to a new server this week. I don’t think it would take that long to move Brookfield equipment.

by
| | Reply
Post ID: @gqbu+1laEvYvD

Paywall text

Even after it relocates its global headquarters from Brookfield to downtown Milwaukee, Fiserv Inc. is likely to maintain a data center and associated employees at its Brookfield office location.

The payments and financial technology firm is choosing to keep the data center in Brookfield "due to the prohibitive costs" of moving it and related equipment, according to a staff report obtained by the Milwaukee Business Journal from the Wisconsin Economic Development Corp. regarding the WEDC's $7 million incentive deal with Fiserv.

Fiserv's headquarters move is a win for the city of Milwaukee and the state as a whole, which stand to benefit from 980 jobs retained or created that could have otherwise gone out of state. But it's also a loss for Brookfield, which currently counts Fiserv among its largest employers.

The company, which owns its 193,000-square-foot Brookfield office just south of West Bluemound Road at 255 Fiserv Drive, is also one of Brookfield's principal property taxpayers — making the future of that office space of particular interest to the city.

For the 2022 tax year, the property's assessed value was $20 million and its estimated fair market value was $23.7 million, according to Waukesha County property tax records.

Given that most of Fiserv's roughly 500 Brookfield employees will be moving to the new downtown Milwaukee headquarters starting later this year, Fiserv could potentially sell the Brookfield property and lease back the data center portion, sources say.

Fiserv (Nasdaq: FISV) has "not yet finalized any decisions on the future of the Brookfield location," Fiserv vice president of external communications Ann Cave said in an email Friday.

Fiserv currently has 658 full-time Wisconsin employees, according to the WEDC report. Fiserv has committed to hiring an additional 322 Wisconsin employees — including 250 in Milwaukee — over a five-year period for a total of 980 Wisconsin jobs retained and created.

by
| | Reply
Post ID: @cgwb+1laEvYvD

Don't forget the mess known as ROBO.

by
| | Reply
Post ID: @2cad+1laEvYvD

https://www.bizjournals.com/milwaukee/news/2023/02/13/fiserv-intends-to-keep-brookfield-office.html

by
| | Reply
Post ID: @1adl+1laEvYvD

My guess is they'll try getting Cleartouch to Azure or AWS rather than setting up Unisys in another DC. Premier can be moved to any of the other Premier DC's without interruption.

by
| | Reply
Post ID: @1zxe+1laEvYvD

Post ID: @1cwq+1laEvYvD.

Uh, NO, they will NOT be moving to Omaha or AZ. You are clueless. Possibly JC but no way Omaha!! Try running the platforms in DR in order to set it up in new location and watch it fail miserably!

by
| | Reply
Post ID: @1tyi+1laEvYvD

The DC will move to Omaha and/or Chandler data centers

by
| | Reply
Post ID: @1cwq+1laEvYvD

Pack up the kids, sell the house, and move. But wait, when the tax breaks run out, you will be doing this all again and again and again.....

by
| | Reply
Post ID: @1kfe+1laEvYvD

This associate move can take as long as humanly possible. Almost no associates in the Brookfield campus want to move to mu---rwaukee, so the longer it takes the better. More time for us to all find a new job so we don't get g-n down on the freeway drive to the new building. I doubt Frank the mo--n will include free body armor to associates who are being forced to move to that sh-t hole city.

by
| | Reply
Post ID: @1nef+1laEvYvD

Servers and data centers can be moved and done so quickly if it has to be done. I was part of the team at Aon in lower Manhattan when the two tall buildings downtown 22 years ago went down and all the equipment went with them. We moved FAST, servers and a ton of desktops were in place within 3 weeks. More important is to ask if there is a tested restoration plan in case the move goes south.

by
| | Reply
Post ID: @1bwf+1laEvYvD

Note to “mainframes have been dead” guy: if you got an authorization on you credit or debit card recently then thank a mainframe.

by
| | Reply
Post ID: @1zho+1laEvYvD

@ivn+1laEvYvD

"mainframes have been dead for quite a while."

tell that to the ofd output guys, who still very heavily rely on as400s.

there's quite quite a bit of infrastructure in Brookfield.

you must be in sales or some other non-technical role, or you're trolling.

talk about pointless posts.

by
| | Reply
Post ID: @1nsz+1laEvYvD

Brookfield has a data center. They host Premier and I believe one other platform. I doubt they'll move the DC. If they did the new Milwaukee building wouldn't be a place for it.

by
| | Reply
Post ID: @1kln+1laEvYvD

: @ivn+1laEvYvD

Uhhhhh wrong, and it very much is and always has been. Your response is ignorant and stupid. No, it won’t be in 2023 unless they start rolling some in in phases. It’s more like second quarter 2024 the servers will be moved later and to a different location.

by
| | Reply
Post ID: @1rgd+1laEvYvD

What about ALL the servers/mainframes?

  1. mainframes have been dead for quite a while.
  2. brookfield/milwakee are not data centers.

ie: your post is pointless

by
| | Reply
Post ID: @ivn+1laEvYvD

Post a reply

: