Thread regarding Fiserv Inc. layoffs

Layoffs in new "banking division"

Rumor is end of Sept. Who has details? Sounds like it will be the remaining remotes but no word on how many will be affected yet.

by
| 3191 views | | 16 replies (last September 8, 2022) | Reply
Post ID: @OP+1inpwiNC

16 replies (most recent on top)

After getting the news today that we are required to come in 5 days a week...I PRAY that they lay me off.

by
| | Reply
Post ID: @fcfx+1inpwiNC

15% across the board, not just BUs. Somebody has to pay for the corporations who don't pay their fare share, right? They have to make up for the new tax they are going to have to pay somewhere and the supreme NJ tax deal debacle and kowtowing to the politicians. So instead of from their profits, our as--s. Good riddance you lying pieces of cr$$. I'll live longer.

by
| | Reply
Post ID: @avmi+1inpwiNC

Wouldn’t surprise me. Frank’s nickname at First Data was ‘Hatchet Man’ and don’t forget he ran FD into the ground, on verge of bankruptcy, which is why it was ripe for the picking by Fiserv… the Jeff retires and puts Frank in charge. Clients are already noticing (and not happy about) the brain drain going on at Fiserv.

by
| | Reply
Post ID: @3goe+1inpwiNC

15 percent seems high but you never know these days. All I know ow is I work like a slave every day and we are short headcount and not aligned in our business unit.

by
| | Reply
Post ID: @1fwq+1inpwiNC

Don't forget I'm sure that Jersey folks are not allowed to be RIFed

by
| | Reply
Post ID: @1ywq+1inpwiNC

15% across all bu's, its real, I was told in my team meeting this morning, we gotta cut numbers to make the quarter.

by
| | Reply
Post ID: @1qzm+1inpwiNC

Does that 15% include any/all OFD business units, as well? I find that a bit suspect.

by
| | Reply
Post ID: @1npm+1inpwiNC

15% in each BU? That is insane. Much higher than The typical 5% per quarter. Time to start interviewing elsewhere

by
| | Reply
Post ID: @1sxw+1inpwiNC

I can think of quite a few higher ups that need to go too. Here is the plan (this is a joke BTW): Sunset Premier, Precision, Signature and DNA. Move everyone onto Cleartouch and make a major investment in that junk called Unisys. Oh don't forget to throw some more money at that pile of po*p known as ROBO.

Credit Union Solutions > Bank Solutions... wait there is no Credit Union Solutions, they got merged into Bank, ok Bank wins. ITI for life! Lincoln can $u-k it.

by
| | Reply
Post ID: @1tzs+1inpwiNC

Mandatory 15% reductions in all business unit by October. no back filling until Q2 2023. Managers are being told now to figure it out or find another job.

by
| | Reply
Post ID: @1qqg+1inpwiNC

We don't have enough employees to service the prodi to elwe have left. No wonder ients are leaving

by
| | Reply
Post ID: @pet+1inpwiNC

But remember even with the cuts, we have been told there remains 44,000 employees and 43,800 of them are happy and those leaving will want to come back to this happy place.

by
| | Reply
Post ID: @kuq+1inpwiNC

I’ve heard of three people in bank being let go today.

by
| | Reply
Post ID: @cex+1inpwiNC

Upcoming layoffs across the board, remotes first then those not showing up in the office. Our SVP just told us to expect to lose 2-3 people per team with the remaining staff expected to pick up the slack.

by
| | Reply
Post ID: @rai+1inpwiNC

Just looking to see if anyone else has heard the same rumor and can corroborate.

by
| | Reply
Post ID: @blv+1inpwiNC

Make sure FB gets a big bonus for having the ‘guts’ to cut livelihoods

by
| | Reply
Post ID: @ebu+1inpwiNC

Post a reply

: