If we can get back to layoff talk now. I think we’re going to see a massive reduction in RIF activity. Enough savings have been gained and remaining staff is critical to innovation
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Do you think it’s at the 5% level or lower
Layoffs are coming again throughout the year. All leadership has an FTE target number to hit by EOY and in all areas that number is lower than their current FTE staff.
Is there something wrong with Fiserv? Are you saying things aren't really, really good right now? How bad are things going? Is it worse than I thought?
Frankly, not every position, or even group, needs to exist. Sometimes things that make sense when times are really, really good... don't make as much sense in other times.
We are already below critical staff levels. We have departments with zero employees. Doesn't get much more below critical than that.
IMHO people can use the board as they like.
F*ank still stinks
@vrn all due respect 'layoffs' the majority of RIF's done in the last 28 months have been accomplished using forced attrition for example RTO, age, program gutting. OP points out here often correctly I might add there are no WARN notices being filed, why?, it is not necessary leadership is driving everyone out. Many of us wish to hear these stories vs OP posts here. Agree if there are true layoff's or sneaky moves as with desktop that was first reported here it should be front in center. No one is making anyone come here btw.
I believe layoffs should AGAIN be the purpose of this board. Let the carping about this and that end, we have had enough of that. So anything happening in departments, sites and locations would and should be posted here. Such as the desktop outsource move. I am guilty myself of opinions.
Innovation? Heck we would be happy to JUST keep the lights on. Managers and directors spend all day on meetings looking for SME resources just to respond to clients.
Possibly some teams in Payment systems (excluding implementations and conversion resources) have sufficient numbers, APS, digital are gone and are begging for help.
FB don’t care. As inflation goes up so do costs. RIF is inevitable