Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

Performance Review and compensation

Has anyone had performance review for comps ? Is it still regular 2-4%. If it is then I need to start looking for jobs like yesterday

Any current employee.....

any current employee who agrees to move to Berkeley Heights, NJ to save their job and currently lives in another state will be making a career/life mistake. Stay where you have roots!

Dealing with inflated egos

I'm finally leaving. What a relief! The impression I got after 7 years of working here is that Fiserv is a place where you spend more energy dealing with inflated egos than doing the actual work. At the same time, this is the reason why this company... — read more 

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| 1700 views | | 5 replies (last February 7, 2022)
Post ID: @OP+1f89BRLh

Frank snuffing out Bank Solutions

Slowly but surely, Frank is eliminating every trace of Bank Solutions by pointlessly renaming it to "Account Processing" or "Premier" every chance he gets. The next step will be to lay off the rest of the unit and then ramp up the Clover emails as a... — read more 

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| 1660 views | | 8 replies (last February 11, 2022)
Post ID: @OP+1f8BtEkA

earnings report

I realize the earnings report will be skewed by attrition, but do you guys think I should sell my stock now, or hope the overinflated earnings report will temporarily spike the price and sell then?

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| 1260 views | | 7 replies (last February 8, 2022)
Post ID: @OP+1f8rn3MH

MTO this week

Hearing people are being told their fate this week? Anyone have these conversations yet? End date is 12-15-22. Enough time for everyone to find a new job and Frank to not pay severance or transition bonus.

Frank's network DDoSed offline

Frank it looks like you laid off the wrong person and now your delicate network is being DDoSed right into the dumpster.

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| 1630 views | | 3 replies (last February 4, 2022)
Post ID: @OP+1f7YfUY5

We all know what's the biggest problem here

Until the CEO is removed along with the entire executive leadership team and replaced with people who are competent and who know how to run a company of this size, nothing will change. The ELT is the source of all of our issues. I can't figure out... — read more 

Frank's RTO plans imploding

For some locations, the RTO date has been bumped to Feb 21. It's fun watching Frank's RTO plans burst at the seams, making him look like a complete and utter fool.

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| 1630 views | | 5 replies (last February 5, 2022)
Post ID: @OP+1f7eN8Sz

Next week

I start losing 9 hours a week of my free time sitting in traffic again for no reason at all. Gas is $3.25 a gallon, so I have to budget for fuel now (I was hired 5 years ago as a remote employee, so this wasn't originally part of the deal). So less... — read more 

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| 2462 views | | 18 replies (last February 5, 2022)
Post ID: @OP+1f7A7Xmf

Been here

Checkfree to fiserv to first data. Heading to Jersey this summer. First data folks are by far the least talented competition I’ve had. And bluffing Frank at dinner wasn’t that hard. He doesn’t seem that smart. See y’all soon — read more 

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| 1650 views | | 4 replies (last February 3, 2022)
Post ID: @OP+1f7gg24s

Not World’s most admired

Fortune rankings for 2022 came out today. Fiserv did not make the list. I guess you can’t buy this award after all. I guess that’s why they are making a big deal out of the ‘great place to work’ certification (?) in LATAM. I laughed when the... — read more 

My behind........................

itches...............................or wait, is that another email saying how GREAT a place Fiserv is to work! What a JOKE this place has become. Been here PRE-Checkfree, PRE-ITI days and NEVER seen it this bad.

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| 1261 views | | 3 replies (last February 9, 2022)
Post ID: @OP+1f7I4Y2s

I'm still counting on severance

People seem to enjoy causing panic and imagining the worst case scenarios, like the one that we shouldn’t count on severance pay. Is the intention behind it just to scare people? The rumors like that are circulating, but it is not at all clear to... — read more 

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| 1660 views | | 4 replies (last February 3, 2022)
Post ID: @OP+1f65rJqS

New York Boulders Introduce Clover Stadium

In case you missed it.. Clover Stadium.. https://www.nyboulders.com/news_article/show/1205267 btw.. Makes NO sense.. s/b Clover Stadium by Fiserv else people think its just luck or grass.

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| 1280 views | | 2 replies (last February 2, 2022)
Post ID: @OP+1f6qerge

Fiserv Certified as a Great Place to Work

Where is the U.S. survey? (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, has been certified as a Great Place to Work® in Mexico, Colombia, Panama, Argentina and Uruguay. Credibility: Associates... — read more 

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| 1170 views | | 3 replies (last February 3, 2022)
Post ID: @OP+1f60x2wy

We're right on schedule

As has been stated before, Frank is aiming for a 5% headcount reduction per quarter. If we start in Q3 2021 and run it forward, (Q32021, Q42021, Q12022), we get a headcount reduction of 15%. Doing the math from 44,000, that currently puts us at about... — read more 

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| 1222 views | | no replies yet
Post ID: @OP+1f6c8b7K

Yo HR, Pay Better

Received a 3% "raise" from last year which doesn't even come close to the rate of inflation. Anyway, I'm leaving and am receiving a good bump. For the sake of the folks still around and that stock price that everyone cares about, pay better :)

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| 1670 views | | 8 replies (last February 3, 2022)
Post ID: @OP+1f5yUySj

It’s running

Stock is way up prior to earnings. It’s going to RUN now !!! Board of directors LOVE Frank

More layoffs coming....

I heard through the grapevine that there are two more large scale layoffs coming at the end of March and June. Severance is being given, so try to hold out.

Play their own game

We are constantly expected to do more with less. It might be the time we turn around and start playing their own game. Do less but make sure to act like you're doing more. Do busy work that's easy and make sure it takes a long time to finish... — read more 

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| 1045 views | | 2 replies (last February 1, 2022)
Post ID: @OP+1f51Xehu

Privacy concerns

You have no privacy when working for Fiserv with all their spying software installed on your work laptop. You can't even look for a doctor without them knowing. Looking for a specialist? They'll know what health concerns you have and your state of... — read more 

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| 1563 views | | 4 replies (last February 1, 2022)
Post ID: @OP+1f4cI1qS

The upcoming earnings report

I always get annoyed by how they try to present everything much better than it is, and the truth is that the company here has never been doing worse. Soon they will announce quarterly and full year financial results and I only know that it will have... — read more 

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| 981 views | | 2 replies (last February 1, 2022)
Post ID: @OP+1f4utciE

The end goal

I've been trying to figure out what could be the ELTs end goal here, but I can't. Other than destroying the company (which makes no sense since they'd lose their golden goose as well). So can somebody tell me what's the aim of the strategy that is... — read more 

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| 1858 views | | 8 replies (last February 1, 2022)
Post ID: @OP+1f4chpoJ

Layoffs achieved nothing

We are not a better organization in any way, shape or form than we were before the ELT decided to spend a year or so with practically non-stop layoffs. The stock didn't skyrocket as some predicted because "Wall Street loves layoffs." Work certainly... — read more 

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| 2070 views | | 9 replies (last January 31, 2022)
Post ID: @OP+1f3NeLH5

How many let go

We went from over 44000. To 36720. I saw the number in workday as headcount when looking for w-2.

How much spying is going on at Frankserv?

We have talked about this on the board, but truthfully how much spying is going on? https://www.efinancialcareers.com/news/2018/04/jpmorgan-peter-thiel-palantir-goldman-sachs

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| 1800 views | | 5 replies (last January 29, 2022)
Post ID: @OP+1f25F8qF

Reputation totally ruined

I am starting to feel ashamed that I am still in this company... The company's reputation has been so ruined that I no longer know anyone who will say anything nice about Fiserv. I know people who desperately need a job, but by no means want to... — read more 

Good news

Now we just need an even double to hit $200. When does that happen again

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| 1200 views | | 6 replies (last January 29, 2022)
Post ID: @OP+1f0Ol0dI

Farewell!!

I've been trying for year's but can't seem to get laid-off. I finally out in my notice, in laying myself off. I couldn't take the awesome leadership of this company any longer. This place is totally going to dominate the market and nothing will... — read more 

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| 1464 views | | 1 reply (January 30, 2022)
Post ID: @OP+1f0ScP8M

Is anyone trying to keep a job here?

As far as I can see, everyone is trying to get out of here, rarely does anyone try to stay here. I am sorry that some wonderful colleagues have left, but I am also glad that they found better opportunities. I’m not that marketable and honestly... — read more 

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| 1950 views | | 9 replies (last January 28, 2022)
Post ID: @OP+1eZtXmyb

February

February is equity maturity month, meaning VP and above cashing in big time. Stock appreciation doesn’t matter because they receive RSU’s. Think stock at zero cost. So it’s 6 figure party time followed by March bonus time. Have a VP buy you... — read more 

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| 1661 views | | 2 replies (last January 26, 2022)
Post ID: @OP+1eZDJk9q

Stop Talking and start doing!

The least you can do is go leave a Glassdoor review! Go tell your story there!! Warn future applicants of the nonsense we endure at CrapServ

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| 1344 views | | 3 replies (last January 26, 2022)
Post ID: @OP+1eZzFYiy

How much more do you earn now than you've left?

Due to the imbalance in Fiserv's salaries compared to its competitors, you can make more money by starting to work at a competitor now, then you would if you waited a few months for a severance. If the pay was about equal, then waiting for severance... — read more 

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