I am submitting my resignation letter on Monday. I am done with the lies and constant deceit. I am on the exception list and should be safe for at least 2 years but I don't want to be left holding the bag. I'm out. If you have not figured this out already, core banking is being liquidated one piece at a time. Good luck all!
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Seems like he is playing a game of chicken to see who he can string arm into moving. The fact that he thinks they can hire anyone off the street to do a core conversion or support clients is laughable. There is a 2 year learning curve and that’s no even to be proficient.
I’m still working remote from Ohio. Sweet!!!
Also, the Sioux Falls location is closing down. All Premier, Precision and Cleartouch work will be done on-site in Lincoln Nebraska. No exceptions. I'm not sure if they were supposed to mention Cleartouch, but they did.
(It has been a busy week for bank solutions.)
I was also on the exception list but left earlier this summer. The constant looking over your shoulder is really not healthy to be in anything other than short term.
Read this statement and retain it. No matter where you are located, if you aren't actively looking for a new role with a different company you are doing yourself a complete disservice. Many companies know how fiserv is imploding and are actively seeking to fill positions from those who want out. Start planning your exit, do NOT let bonerchamp Frank dictate your future. If he wants to run it like a sweatshop, he will reap what he sows!
Good summary but you left out how managers actually have no idea what’s going on, they found out less than 2 hours before we did. HR also has no information for management because it appears they were not informed/consulted prior to the meetings being scheduled. Seems like this has come straight from the C suite with 0 planning.
There are no dates, there is no relocation package information, severance is unknown.
It’s a joke and feels like rookie hour, they want people to quit on their own.
Last week hundreds if not over a thousand employees attended a meeting where they were advised that they would no longer be allowed to work remote. They would be receiving a meeting invite from their manager in the coming days to discuss relocation. If the employee refuses to relocate, well you get the idea. The clients have already been struggling with the layoffs these past few years, this will be the final straw.
I was on the except list and still got forced into relocate or quit. If they don't get enough to quit you are probably next.
Yep. This move it or lose it plan with remote staff will bite them. Hey FB, all your good, dependable, tenured Fintech talent is going to your competitors! :P
Can some1 pls sum up what went down this past week
I’m also on the remote exception list. I don’t believe this will last more than 1-2 years. I’m using this time to find a better company without panic-rushing. After 20+ years of being remote, loyal, and happy, I’m thoroughly disappointed and disgusted.