Thread regarding Fiserv Inc. layoffs

The $$$ they walk away with is criminal..no respect for a company run like this.

@e6 Geezus, I actually had patriotic music playing in my head as I read your post. Very well done. @op not bad either.
Sad but true. It’s impossible to care anymore. The more they dig in their heels and lead like all 3 of them have led, Fiserv will keep going down.

@e6 nailed it. Fiserv’s leadership knows the ship is taking on water, and everyone at the top is treating it as their exit opportunity whether through outsourcing, contracting, or just quietly cashing out while they can. Every leader is looking out for number one. Meanwhile, the employees are the ones left bailing with buckets, trying to keep the whole thing from going under. I think it’s time employees start acting like the leaders and stop caring.

What’s common between Fiserv and Japan Airlines? Absolutely nothing — and that’s the problem.

Japan has a deeply ingrained concept of honor in leadership. When Japan Airlines collapsed under $25B in debt and 16,000 jobs were at risk, Haruka Nishimatsu didn’t hide behind PR statements or executive perks. He cut his own salary to less than his pilots, ate in the cafeteria, rode the bus, and stood shoulder‑to‑shoulder with the people whose livelihoods were on the line. He understood something American corporate culture has largely forgotten: you don’t ask sacrifices of employees you aren’t willing to make yourself.

That sense of accountability — of personal responsibility — is why JAL went from the largest airline bankruptcy in history to the most profitable airline in the world in three years.

Now look at Fiserv.

Instead of honor, we get insulation. Instead of accountability, we get executives who protect themselves first. Instead of leaders who stand with employees, we get leaders who stand above them — perks intact, bonuses untouched, and a revolving door of “strategic” hires who vanish the moment the wreckage becomes too obvious to ignore.

Japan Airlines survived because its leadership understood that trust is earned through shared hardship. Fiserv is struggling because its leadership seems convinced that trust can be manufactured through slogans, town halls, and cheerleading.

One culture believes leadership is a duty.
The other treats leadership like a reward.

And that’s the difference.

| "Hard to say if that’s cultural or just individual character."

That's a cultural norm for us, of course. Why would we select ped0 as a president? Already ruined our county for at least a decade.

@aa ok Frank. We all know that's you and you can't convince any of us that any leader has done more damage to Fiserv than you.

Japanese companies do not operate on unfathomable capitalism and zero-sum game

@aa On a related note saw Mike’s post on LinkedIn about his first day at Truist. He walked away with a $70M Fiserv payout, while Divya, with her $20M payout, will likely need more time to step out of the shadows. It’s interesting how Japanese leaders often seem different in moments of crisis whether it’s a nuclear plant failure or a corporate collapse they tend to show more accountability and restraint. Hard to say if that’s cultural or just individual character.

@a3 Mike?? Sorry to advise you… he was not capable nor a leader! He recognized that after he helped bring Divya and other non-performers in.. and then bailed. He did more damage in 12 months than anyone imaginable!!!

"Companies don't fail because of bad markets. They fail because leaders protect themselves first."

tell that to FB.

man, so many of you are so delusional.

we had a tiny chance of some real change, but he's gone now. new guy is cut from the same cloth. its clear nothing will ever change.

culture starts at the top, and the top here is a poisoned cesspool that looks out only for themselves. The garbage that needs to go is the same garbage decided who gets laid off.

accept this place for what it is. the market su-ks now, so hope to ride it out as long as possible until your name is called.

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