Thread regarding Fiserv Inc. layoffs

You were informed here...

There was plenty of notice given by folks in the know that a RIF globally would be executed Monday through Wednesday though this last day was an acceleration of the FGS plans that wee supposed to place on 11/25.

The US should be fully wrapped up by the EOD Tuesday. The list was comprised of folks who had horrible RTO and Sapience numbers or were Remote Workers. Some of those were saved if they were exceptional or critical associates.... the cost? Someone else lost their job.

They have stomped on contractors as well even if they were billable.

The go forward message is clear to comply with Frank's policies on RTO and Sapience. That is four days (M-Th) with at least 8 hours in the office AND 8 hours of working time. I have seen some notes about at least 7, but I would just go with 8.

If you work in an area where the state mandates a lunch break, then that is 9 hours. If you do not, and you skip lunches for meetings, then 8.

I have no clue how we push innovation, but I guess that is why all that matters is cyber security. Good luck everyone

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| 2071 views | | 6 replies (last November 19, 2024) | Reply
Post ID: @OP+1vzfeIHz

6 replies (most recent on top)

What was the scope of the RIF in terms of FTE?

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Post ID: @jxp+1vzfeIHz

@xyl+1vzfeIHz that's not how salary exempt works. It is the exact opposite. Please Google it.

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Post ID: @quy+1vzfeIHz

Impacted, but don’t fit the above criteria. I was told I was impacted because I didn’t fit into the vision/direction for 2025.

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Post ID: @pov+1vzfeIHz

If a condition of your employment/salary is time based or requires x amount of hours “logged” then you are a technically paid hourly and not exempt from overtime pay. Make sure you track all your overtime hours going forward as it’s only a matter of time before a class action lawsuit arises.

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Post ID: @xyl+1vzfeIHz

Sapience has been and will always be garbage. Horrific tracking system if you can even call it that.

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Post ID: @dwn+1vzfeIHz

Even on my most productive days I don't get 8 hours on sapience lol.... And I'm told I'm a top performer on my team 😵‍💫

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Post ID: @mxd+1vzfeIHz

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