Thread regarding Fiserv Inc. layoffs

Director level. 10 years - now the worst job Ive ever had - mentally ruinsome

10+ years here and Ive tried everything recently to mentally spin whats going on in my head to find some kind of a positive note but I can't. I have none and I'm all out of ideas.

Up until the last few years it was good to average. Now its constantly appalling.

I'm mentally exhausted given how amazing, hard working people (my teams) try their best then get shafted. I will be doing my best to exit in 2025. Have repeatedly had an exceeds reviews in my time here but Im all done with trying anymore...

Just when I thought it couldn't get any worse, things I have seen and heard recently include:

  • Facilities stopped ordering paper plates, napkins, plastic cutlery to save a few $. Slaves can bring their own
  • Any leader thinking they can bring in some lunch for their team as an Xmas thank you - no chance. Fiserv refusing to pay for any expenses like this. Leaders were told to pay for it themselves (don't try and expense it)
  • More RIFs to come and Sapience + badge swipe assessments to continue. They will then layer on how much RR people took as well. Unlimited RR is absolute BS

Meanwhile its still a multi BILLION share buy back operation purely for the Execs benefit.

I could go on and on but it is futile. The only way I can mentally deal with having to work here every day is to treat it like I am a contractor. I'm not an employee Im just a hired hand to work X hours for what I'm asked to do and thats all you get. You won't get an ounce more.

I'll fake smile and pretend interest, I'll praise up and kiss as a little to maintain a paycheck until I find my exit. You won't have any idea Im checked out in the meantime.

There will be continued word salads from leaders like JG or similar at town halls. 'exciting' 'great' 'fantastic' 'thrilled' 'One Fiserv' etc and I couldn't care les anymore. Ill attend those meetings and the sound will be off. They couldn't care less about their employees - I stopped caring anything about the company as a result. Who in their right mind is 'excited' anymore working here?

So HR people on here - perhaps you can report back on your findings to say that many many GOOD employees are demoralized, tired, frustrated, over worked, fearful, bored and checking out as a result of all this BS. Done, game over, enough is enough.

Its ironic that many of the moves made were to increase productivity. They are having the opposite effect in a horrible horrible way.

It's not going to get any better anytime soon. EVERYONE should working on their own exit plan to try and take control of the situation before they take care of your position for their bonus and stock options.

Thats all they care about regardless as to what comes out of their mouths

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| 2802 views | | 19 replies (last December 22, 2024) | Reply
Post ID: @OP+1vX7KXR6

19 replies (most recent on top)

I feel like out Clients are picking up on this circus show called Fiserv. It’s only a matter of time before Clients will start using Fiserv's non ability to service them as a reason to leave.

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Post ID: @9kdh+1vX7KXR6

If you care about people you can't care about people at this company. It is a terrible company to be associated with and the cause of a lot of stress leading to leaves. No wonder they are rated so high with this part of the benefits. It is because so many have had to use the leave due to stress placed on them from the culture. They don't care, like many large companies they'll just continue to move positions to other countries and save money anyway.

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Post ID: @3swp+1vX7KXR6

Does not matter how hard you try to make a difference or how it makes you feel.
2 choices / 2 options, wait your turn to be rifd or leave on your own terms.

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Post ID: @2oxr+1vX7KXR6

DEAR THE LAYOFF

THE FISERV LABORERS NEED A PIN FUNCTIONALITY ON THIS GOT DARN WEBSITE. PLEASE USE YOUR RESOURCES WISELY UNLIKE US.

Post deserves to be 📌

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Post ID: @2nss+1vX7KXR6

FB runs fiserv worse than Joe Biden has run the USA. A great ponzi scheme.

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Post ID: @1inz+1vX7KXR6

Look for a job, hopefully market will be better at the start of 2025. Until then only work 45hrs and don’t go above and beyond or work any extra hours….. The clients are already feeling it with all the resource changes and lack of experience (due to no fault of their own) in the resources that remain. Last person out turn the lights off LOL

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Post ID: @1nwk+1vX7KXR6

I’ve been thinking the same thing - about productivity and how much work I’m willing to do now that we’re so strictly bound to hours. But the expectation is at least 45 hours a week. If you’re not getting your work done, you’re not working enough. We can’t win.

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Post ID: @1xfh+1vX7KXR6

All completely true sadly….

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Post ID: @1fvp+1vX7KXR6

We feel your pain and living it as well. Treated working here as running my own business sacrificing way too much.
By far the worst corporation i have ever worked for ruling by fear, distrust and intimidation. Don't forget cheap.

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Post ID: @1alj+1vX7KXR6

I spent decades thinking I could make a difference. I worked hard and made many positive contributions. But in the end, they don't care.

Only happy that I was able to quit on my own terms.

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Post ID: @1upo+1vX7KXR6

They only send those self flagellating meetings out to meet their own Sapience numbers. They are pandering to deaf ears and soliciting fear. Every happy anniversary acts as a notch on their belt of submission over their workforce. Idk if it’s a revenge tour of Frank because he lost first data and cannot accept that fact, thinking it, or more truthfully conveying it as a merger as opposed to an utter failure that got rescued by Fiserv and acquired. But who ever opens the books next and sees the complete downfall of the business and hopes AI is salvation will quit on the spot or sell off half of the company for self preservation.

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Post ID: @1obl+1vX7KXR6

Are HR taking part of this sh!t? for example these awful badging and sapiens are proposed by them? f em!

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Post ID: @1rcx+1vX7KXR6

Don't stay because you have a good team. Fiserv will change that. Then there will be nothing keeping you here but the pay check. Better to leave early before your team is dismantled.

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Post ID: @1vjd+1vX7KXR6

Written like a true leader

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Post ID: @1ech+1vX7KXR6

SPOT ON.

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Post ID: @rge+1vX7KXR6

As in our unlimited R&R literature… vacations help keep employees happier and healthier. How is this working out? This company is a dumpster fire with no water

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Post ID: @rss+1vX7KXR6

STRESS KI-LS

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Post ID: @dpi+1vX7KXR6

truly - telling it like it is.

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Post ID: @lmq+1vX7KXR6

I had to think for a minute if I wrote this. Spot on.

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Post ID: @hqt+1vX7KXR6

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