Thread regarding Fiserv Inc. layoffs

Surprised by who was laid off

I have to admit, I'm surprised to see that most of those who were laid off in my group are younger folks. In every other layoff round I can think of, the majority of those affected were older employees. I don't know if this is just my group or if it's the same for the entire company, but it's unusual.

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| 1972 views | | 5 replies (last November 19, 2024) | Reply
Post ID: @OP+1vz94Y5m

5 replies (most recent on top)

@nyl+1vz94Y5m

Maybe they sit by the door and could see them leaving.

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Post ID: @dui+1vz94Y5m

How do you even know who was laid off from your group today? They did not provide a list, at all.

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Post ID: @nyl+1vz94Y5m

Knowing Fiserv, the newer hires probably were paid more than legacy folk....

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Post ID: @ldv+1vz94Y5m

More work ethic? Yeah, sure. The number of older people I see in positions in each company I've been in that can't keep up is insane. It goes both ways.

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Post ID: @fsm+1vz94Y5m

They let go of many with 20+ years as well. It depended on the department and the leaders. This company is horrible. They micro manage and don't teach managers to be leaders. I did not know there was one guy on our team for the 10 months I was on it. He is the reason for Sapience tools. THat is a MANAGER ISSUE! Was he let go? NOPE! He is low pay and now they will manage him by "tools." I was one of the highest paid, so talent did not matter.

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Post ID: @jjp+1vz94Y5m

For us older employees we have a bit more work ethic than some of the younger employees. I have seen entire teams almost wiped out on the 3rd floor. I also noticed the younger employees affected but was afraid to say anything. Looking at missing name placards shows just how ruthless they are this go. Good luck Tuesday/Wednesday employees.

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Post ID: @tdm+1vz94Y5m

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