Thread regarding Fiserv Inc. layoffs

dont move to BH, the restrooms are always full and people wait outside to enter, un believable, people who work here dont have talent to find remote jobs and move!

why are they forcing folks to the BH office, Too many people there , no free rest rooms either for the 5000 plus ppl , its a jail, and then teams calls with folks working remotely in other states, is it a joke? let people be remote for Jesu's sake. and then old applications, old people , future is not rosy to relocate..thousands of better companies

Do not relocate to Berkley heights NJ for a basic job, the office is saturated, no space to breathe and they are putting in more chairs day by day, breakfast and lunch is bare minium and overly priced. Then rents for a 2bed 2bath are over 3000$ , buying homes , are you kidding at 8% interest rates and over 1 Million for a 2008 old home, worthless!
Spend that time , energy and money on getting a remote job ! and stay where you are, ppl in chicago got a 300k home at 2% interest, why would they move to NJ , you can get a better remote job for more pay, lastly we work with Microsoft a lot and those smart guys are all remote, laughing at why fiserv folks are in those crammed noisy offices!

To the original poster, I am a former Fiserv employee, I left about 2 years ago. I have relocated 2 times due to my wife's job. I was WFH during my time at Fiserv (over 10 years) and am still WFH at my new job. We learned quite a bit from our first relocation. The major issue for us was around realtor fees and what you can get for a home in your new location. I agree with a lot of the other comments here, I would not recommend buying a home and I hope if you own a home Fiserv is paying the realtor fees for the sale.

The other major issue for us was the commute time for my wife. Her employer required 3 days in the office and she had about 45 minutes of commute each way. I would recommend renting and then you can give it a year or two and see if you like it. That way you could move again before your child starts school.

If I still worked at Fiserv, the only way they would get me to move would be for VP $$ and personally I would try to go to Texas or Atlanta before Jersey.

I hope it works out for you.

They offered me a 22% raise to relocate. I declined. Wasn't enough

This place has the best commute! It is only three miles from my house. I could walk, take a limo, or a helicopter to the office.

NJ is insanely expensive and FB picked one of the most expensive places in the state for the hub. Not to mention one of the worst places in the state to commute into.

The NYC metro area is well known globally as one of the most expensive places in the world to live. Can’t believe that would come as a surprise to anyone.

Do not do NJ ever. Cost of living is way too high as is in NYState too. We moved to GA in 2014 and loved it for 5 years. Stupidly moved to NY in 2019 for family and grandkiddies and it was a financial nightmare. I left Alpharetta for this one too. After 18 months of nightmare we moved BACK to Georgia and very happy to be back. FAR lower expenses and better lifestyle.

Echo what folks said here. I've seen too many times in. My short tenure here where they relocated employees, only to see them be laid off 1-2 years later.

Do yourself and your family a huge favor and do not go! Once you uproot and move, there is no guarantee that you will have a job from week to week!

Seen quite a few people laid off after relocation for FDC/Fiserv. A particularly memorable case was an engineer en route to his relo in Atlanta, actually in his vehicle with his family heading to GA who was let go after giving up everything in Texas. He was devastated. Don't do it. Company does not care what you give, they will replace you with someone cheaper or eliminate your position on a whim.

DO NOT FALL FOR THE TRAP

Bottom line...they could care less about you and your family. There's too many jobs/companies out there for you to make a bad financial decision for this place. Think it through...Good luck!

And costs will just get higher. I am disturbed they are still pushing folks into this relocation still in this economy. Good luck!

Yes and I doubt Fiserv is going to give you a raise to move at least not enough to survive in NJ.

Do NOT move for this company. They could turn around and lay you off in a few months. Zero guarantees.

It is easy. You work for a company that pays more than Fiserv wages.

You forgot a high state income tax and the cost of gas and a commute

I declined relocation for those reasons, it didn't make financial sense. Especially since Fiserv could very well lay you off within 6 months of the move.