Just heard a rumor, anyone heard of layoffs scheduled in Q1?
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With FB in charge there will always be RIFs. That is the only way he was able to make his numbers when he was over FDC. They walked so much talent out the door it just made everyone shake their heads.
What are the terms of the contract?
Bu-----t. Fiserv likely lost 15-20% of their associates over the past 4 months. They arent going RIF…they may restructure and some may lose their jobs but its not a 5% RIF.
Has anyone heard when the RIF's will end and what the actual size of the company will be?
They will cut anyone regardless of some “contract”.
Does that apply to people who are signing contracts to stay and train their replacements? I'm wondering if those who plan on fulfilling the term of the contract are still on the chopping block to be let go much earlier.
what heard is 5% per quarter, so the 'next' RIF is always coming down the pike