I heard what’s going on, Fiserv is out of severance money for layoffs, but they still need to use RIFs to make quarterly numbers, so that’s why the strict rules. They’ll start firing for cause instead of layoff.
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Wait until management figures out most of the people quitting will be in BH.
No money for severance, but plenty for Frank. And don't forget the 8 billion dollars earmarked for stock buybacks!