Thread regarding Fiserv Inc. layoffs

Are we expecting anything today?

What's happening with layoffs? I heard quite a few people were hit yesterday. Is it over or will there be more?

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| 1641 views | | 7 replies (last April 10, 2020) | Reply
Post ID: @OP+14oZqH4T

7 replies (most recent on top)

January - February would solid months for volume, then it fell off in March. I think the percentage was 30% down year over year mostly from travel and entertainment.

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Post ID: @1sno+14oZqH4T

b—s— that transaction volume is down

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Post ID: @1xmq+14oZqH4T

At least with furloughs health insurance is maintained. Transaction volume must be greatly impacted reducing the revenue. Good luck to all

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Post ID: @1ccz+14oZqH4T

I was told to expect a large number of furloughs beginning next week. I asked whether they were going to be furloughs or layoffs and was clearly told furloughs. We'll see how well that holds up.

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Post ID: @mwm+14oZqH4T

250-300 gone in emea.

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Post ID: @ztb+14oZqH4T

I would say it’s uncommon to run multiple days. They typically prefer to condense these. Do you know what divisions were impacted

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Post ID: @qrv+14oZqH4T

Just to clarify, I'm not asking about contractors.

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Post ID: @pqa+14oZqH4T

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