Thread regarding Fiserv Inc. layoffs

Two Groups of People here

  1. Employees, wronged by this place

  2. Value Investors, deeply hurt by this share price

cannot see any hope at all.


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Post ID: @OP+1m37b38mk

4 replies (most recent on top)

@ab no-one could think everything is fine here - especially new employees

Only thing this place has going for it retention wise is Stockholm syndrome and people nearing retirement

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Post ID: @bq+1m37b38mk

There are also the Simps who think what was said at Forum has any relevance to the actual Fiserv day to day.

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Post ID: @bg+1m37b38mk

@OP I agree.
My guess is the first group is mostly original Fiserv who are still in shocked over FB, what he did to our company and then his successors who think like he does.
Group 2 is old FD who already had experienced FB and it didn’t phase them to see FB sink the ship and push us overboard, or new employees who had no expectations and think everything is fine.

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Post ID: @ab+1m37b38mk

@OP realistically what's left to hope for here? More layoffs? Bummy severance packages? Merit increases? More work distributed to already lean teams?

And for the sake of what? "Shareholder value" and for higher ups to line their own pockets? Yeah outlook is bleak...

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Post ID: @a6+1m37b38mk

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