Thread regarding Fiserv Inc. layoffs

Layoffs will continue next week?

Is this true?

Through next Wednesday, I'm hearing. Since I looked two hours ago it's gone from 731 to 736 fired in the US. Sorry to bear bad news but you're not safe yet.

Good luck to everyone.

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| 2551 views | | 15 replies (last November 24, 2024) | Reply
Post ID: @OP+1vAwsFfw

15 replies (most recent on top)

@1loi+1vAwsFfw Where are you seeing those numbers. From what I’ve heard in MS tech they are targeting 8-10% and if you have arbitration in your department you subtract from the given target.

Assuming 40,000 and if 10% is true than it’s 4,000

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Post ID: @4tkx+1vAwsFfw

Read the WARN requirements again. 50-499 at a single site if it's more than 33% of the employees at that site, or 500+ at a single site regardless of percentage. They've not hit either of those numbers in this RIF if I am reading the numbers correctly.

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Post ID: @1tzc+1vAwsFfw

WARN also triggers if over 500. FYI
https://www.dol.gov/sites/dolgov/files/ETA/Layoff/pdfs/WorkerWARN2003.pdf

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Post ID: @1mtw+1vAwsFfw

The number fired in the US just jumped another 93 from 752 to 845 in the last hour. Sorry but we're not done. My contact says she's still hearing that layoffs will continue through next Wednesday. Good luck, everyone.

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Post ID: @1loi+1vAwsFfw

"not safe yet"

Who thinks anyone is safe at a corporate job in the USA? are you gen z?

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Post ID: @1bso+1vAwsFfw

WARN act is triggered for mass layoffs of at least 50 employees at a single site, they were strategic that the number was not met at a location

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Post ID: @1ugf+1vAwsFfw

Where did you get that number of folks laid off. Shouldn’t that trigger the WARN act?

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Post ID: @1xdb+1vAwsFfw

Anyone in CBS needs to get out!!

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Post ID: @1hez+1vAwsFfw

Next RIF will be Q1 2025

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Post ID: @1npk+1vAwsFfw

We are told at clover that it has ended.

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Post ID: @1cno+1vAwsFfw

Clover Business Solutions, field sales reps/business consultants

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Post ID: @1mar+1vAwsFfw

What group is CBS?

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Post ID: @1rnn+1vAwsFfw

CBS was told they were done

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Post ID: @1ijw+1vAwsFfw

At this point I wish I had been included

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Post ID: @yjl+1vAwsFfw

No. We are done

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Post ID: @qbt+1vAwsFfw

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