Thread regarding Fiserv Inc. layoffs

Got a Touchbase meeting invite with the boss tomorrow... Should I be worried?

Not a normal occurrence. Is the layoff wheel spinning up again?

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| 4891 views | | 22 replies (last March 24, 2023) | Reply
Post ID: @OP+1lJhHqSi

22 replies (most recent on top)

Post Fiserv PTSD is real. I keep thinking I'm going to get laid off because we're so slow, but this what a normal workload is and they don't work us to death.

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Post ID: @4woc+1lJhHqSi

I left fisver a while back. I work with other exFiserv employees. We talk about the PTSD we have after years of the layoff roller coaster. We are calling it FTSD. Everythime an email goes to management, every time a meeting pops up, everytime a hiccup happens it we await the hr call. I had no clue how bad it was until I left.

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Post ID: @4dkg+1lJhHqSi

@3asf+1lJhHqSi sorry. Yes outsiders looking at Fiserv it IS this bad everyone wants out even in THIS job market.

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Post ID: @3dfm+1lJhHqSi

Unfortunately I'm still here.

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Post ID: @3asf+1lJhHqSi

So how’d it go?

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Post ID: @1iyt+1lJhHqSi

I got the exact same invite some time ago. Ask me if I still work there.

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Post ID: @1ntw+1lJhHqSi

That is straight up code for layoffs. I was with FD for 21 years it was SOP. Good luck.

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Post ID: @1zkl+1lJhHqSi

That’s the exact way I was laid off. Random touch base meeting. Hoping it’s not for you, but after the worry of being laid off, I landed on my feet in less than a month with a much better opportunity. Good luck to you!

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Post ID: @1icd+1lJhHqSi

I can't afford a cardboard box, would a used plastic sack be appropriate?

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Post ID: @1ryg+1lJhHqSi

Take the package and 2 weeks off

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Post ID: @1nlc+1lJhHqSi

Hope it’s just a regular work meeting. Thinking good thoughts

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Post ID: @1pof+1lJhHqSi

Please let us know the outcome!

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Post ID: @1guj+1lJhHqSi

I received a meeting invite from my manager last year with subject “touch base”. Seconds after meeting start, a stranger joined who was from HR. This is common method for layoff. Good luck to you!! Btw getting ousted from fiserv was a blessing. Keep your head up

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Post ID: @wqi+1lJhHqSi

It could be a layoff but typically they schedule layoff meetings for the same day from what I've heard from some friends who were let go. Managers also don't seem to be finding out if any of their direct reports are laid off until the day of.

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Post ID: @jqi+1lJhHqSi

I keep a box under my desk for just such an email.

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Post ID: @uio+1lJhHqSi

A lot of people I know who got laid off had a "touchpoint" or "touchbase" meeting thrown on the calendar before it happened. Hopefully this won't be the case for you.

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Post ID: @gux+1lJhHqSi

You should approach everyday working at Fiserv as potentially your last - you can be laid off at any point - without warning & without reason. You are just a number on a spreadsheet

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Post ID: @msq+1lJhHqSi

Bring a cardboard box to the meeting, just in case.

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Post ID: @dav+1lJhHqSi

Haha. Managers should be told "Dont put Touchbase to avoid confusion!". lol

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Post ID: @hnq+1lJhHqSi

Maybe just a regular meeting with your boss to cover common things.

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Post ID: @dej+1lJhHqSi

I put in my resignation letter Friday, I start a new job on April 4th. Been at Fiserv for almost 9 years but I refuse to drive 2 hours to an office and I am not relocating to another state that is not an option for me. If you have not started looking, START NOW. This is not Fiserv anymore it is "FIRST DATA" Fiserv in name only.

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Post ID: @rca+1lJhHqSi

May be merit increment. Trying to stay positive I have one of those too.

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Post ID: @qbc+1lJhHqSi

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