Thread regarding Fiserv Inc. layoffs

Mass Exodus

It is an employee market out there. Senior management does not get that fact. There are departments being gutted by the exodus taking a lot of knowledge with them. In The infinite wisdom of the toxic environment and management, they are sponsoring people from cognizant so they became employees and can come and stay in the US. Some of these folks received titles that are above the hard working people we have which are now leaving.

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| 1731 views | | 7 replies (last March 29, 2022) | Reply
Post ID: @OP+1fTwr5Fx

7 replies (most recent on top)

Lots of teams lost a lot of tribal knowledge, but FB has a plan. It will make Fiserv great again, and dumping tribal information was the first step. I havn't heard the second step yet, but we all know communications from senior management is slow.

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Post ID: @6ltf+1fTwr5Fx

My group in GBS (PMO) has been destroyed

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Post ID: @1mcq+1fTwr5Fx

All teams down 40 percent or more as the 3 pervious posts mentioned some even more. Its lights out in APS.

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Post ID: @1vgv+1fTwr5Fx

Really? Incorrect? My entire team, sophisticated in talent, walked out the door ages ago so that of 25 or so only 2 may be there. And they did it through networking on Linkedin, so many wound up at same firm. There is an exodus out of this once fine place.

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Post ID: @1cfz+1fTwr5Fx

No exodus??
4 left out of what was 30 here.

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Post ID: @1snx+1fTwr5Fx

My team has been completely destroyed, and decades of knowledge walked out of the door. Customers are livid, staff is frustrated. It will take years for the fallout to settle.

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Post ID: @1seo+1fTwr5Fx

No exodus and no cognizant…more incorrect news.

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Post ID: @1ell+1fTwr5Fx

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