Thread regarding Fiserv Inc. layoffs

“I’m not technical”? - in a FinTech company?

Fiserv is unable to support their clients. Too many people in management are just sitting around waiting to retire or be laid off. Whatever comes first.

I was working with PMs, Managers, VPs, and Product Managers that would get out of work or helping by just saying; “well I’m not technical so I don’t know and I can’t help you”.

Several of the data centers are not prepared for DR. Cyber security is just a bunch of spreadsheet Jockies that tell Frank whatever it is he wants to hear. A data breech is coming soon and will draw much needed attention to Fiserv and the problems.

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| 2572 views | | 9 replies (last July 2, 2023) | Reply
Post ID: @OP+1nn6uiD9

9 replies (most recent on top)

Steve Cameron can’t even spell “supervisor” correctly on his LinkedIn page. Lol. Def qualified for his job.

Shift Supurvisor
Duxbury Police Harbormaster Division(Part Time)

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Post ID: @2xrl+1nn6uiD9

The company is led by dinosaurs who are desperately out of touch. Engineering a stock price is easier than engineering real innovation and past attempts at Fiserv-built innovation have been underfunded, overpromised, and jettisoned to the big orange scrap heap. Sadly, many of the employees who cared about innovation have departed, leaving customers with tech that was relevant decades ago with no clear roadmap.

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Post ID: @1tke+1nn6uiD9

The whole thing is a house of cards. Frankie Pesci will bail just before it collapses.

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Post ID: @1jyd+1nn6uiD9

A stock price of $126 is only great for investors, which is the obvious corporate priority. The recent increase is clearly due to the extreme cost-cutting measures which have resulted in overloading the remaining employees and frustrating the remaining neglected clients.

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Post ID: @1zey+1nn6uiD9

The security teams work in their own vacuum that asks for stuff that FTS has difficulty installing properly. This doesn't let us fix the vulnerabilities. Many teams are running around just fixing vulnerabilities

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Post ID: @1jyo+1nn6uiD9

Sounds like massive gibberish but we’re at $126, life is good !!! $250 soon and bo-m, loving the NYSE

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Post ID: @1qkw+1nn6uiD9

Fiserv has already identified the issue and has already taken corrective action. You see, the problem was that management was receiving higher compensation than people in technical roles. This meant our best workers were choosing to work in management instead of doing the work. Fiserv took action to create an incentive system that will reward people who do not work in management. Those employees will receive additional compensation. The management team will decide which technical employees should be awarded this special honor. So far almost one hundred managers have been awarded this non-managerial, technical-employee-only prize. Thus solving the problem once at for all.

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Post ID: @fnd+1nn6uiD9

You shut your mouth!

Fiserv's pen testers rarely find anything anymore. Let us both pretend that it is because our software is more secure than it used to be, and then I won't have to deal with the types of findings that they used to find.

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Post ID: @jav+1nn6uiD9

Example: Steve Cameron

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Post ID: @yop+1nn6uiD9

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