Thread regarding Fiserv Inc. layoffs

Retribution is about to start

Stock options vesting over the next few days, expecting that there will be a lot of resignations once those are secured. These will be the senior people with the product knowledge walking out the door.

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| 2621 views | | 6 replies (last February 21, 2025) | Reply
Post ID: @OP+1jmmab9zy

6 replies (most recent on top)

Fiserv has been hemorrhaging product knowledge for 4 years. The only product knowledge left is in India and a few boot lickers left in North America.

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Post ID: @ap+1jmmab9zy

They will send you a letter on the monetary clawback via registered mail. Sometimes the mail is inconsistent and not always received.... get the drift? They rely on threatening some of you who send the $ back. The rest get follow-up letters and somehow they always get lost.

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Post ID: @an+1jmmab9zy

Negative on the clawback. Ibwas advosed in my annual review unless you do something to really pi-s someone off they don't claw back the bonus.

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Post ID: @aj+1jmmab9zy

Oh, they are well aware. So much so that they implemented a clawback bonus for employees above a certain grade level whereby if they resign within 2 years, they are required to pay the amount back in full. Downright evil.

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Post ID: @a7+1jmmab9zy

For them what’s important is to reach a headcount of 30k employees.

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Post ID: @a6+1jmmab9zy

If you don’t think they know that, you’re not paying attention to how evil and petty they are at the top.

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Post ID: @a5+1jmmab9zy

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