Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

Earnings

Beat earnings (fired enough people), missed revenue (customers leaving product). More job cuts coming soon

Where do you see potential?

This is no longer a company it once was, but no matter what, it should not be exaggerated that things are worse than they are. I don’t think everything is bad. There must still be some potential left that is untapped. I’m interested in what you think... — read more 

Great News!!!

The executives received their stock grants on 1/28/2021. Yes!!!!

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| 1230 views | | 2 replies (last February 5, 2021)
Post ID: @OP+19fKkfBL

2021

This year is going to be transformational. The groundwork is there to support a $200 stock price. If execution goes as planned benefits such as 401k match increase and ESPP will be fully restored in 2022. Fiserv will soon have the brand... — read more 

What's the situation with promotions?

Is it just me or does it seem that all promotions have been put on hold? I was promised a promotion just before the pandemic hit. I've been assured since then several times that it's going to happen soon, but it never does. This is a well earned... — read more 

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| 1720 views | | 6 replies (last February 5, 2021)
Post ID: @OP+19dpFKPz

Just stop

Just stop, alright. Stop telling others how they should or shouldn't feel. There's always two ways to look at things and if people have a legit gripe about their boss, their department, their company, this is America and they have the right and... — read more 

Motivation is all but gone

Things have been going from bad to worse here and my motivation has been following that trajectory. What is there to work for? What is there to give it your all for? It's not as if we're going to get rewarded for it. Whatever promotions are available... — read more 

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| 1620 views | | 7 replies (last February 1, 2021)
Post ID: @OP+199ShTce

JSOC

OFD brought over the capabilities of the JSOC. Say what you want about the other operational teams .... the JSOC is a well run unit and the staff are high performers. One of the many benefits Frank brought over with him. A team dedicated to... — read more 

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| 2040 views | | 4 replies (last February 10, 2021)
Post ID: @OP+199hPC4h

Layoff the stupid old checkfree managers

They should layoff the checkfree managers they really don't know how to run the teams or have no technical knowledge. They just setup up meeting with team members and say he said this about the way it work and you saying something different way of... — read more 

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| 1670 views | | 6 replies (last January 27, 2021)
Post ID: @OP+1967Uzju

Fiserv

Is the greatest fintech in the world by a mile !!!

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| 1590 views | | 6 replies (last January 28, 2021)
Post ID: @OP+192obSnN

Looking to work at Fiserv?

Don’t. Been here 6 years, stellar reviews, do everything that I’m asked to do and am a, if not the, top performer on my team. What have I gotten from my efforts? Zero promotions, 2% raises across the board max, and no bonus. Additional work &... — read more 

Is this true?

I heard there are serious discussions around selling off the remaining Lincoln buildings. Doesn't surprise me given the realized cost savings - the more important question is whether they will allow impacted individuals to continue WFH or whether... — read more 

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| 1650 views | | 5 replies (last January 27, 2021)
Post ID: @OP+191OVvaQ

So disappointed to see what's been going on

I've been gone for a while and stopped by to see how things were these days at Fiserv. It breaks my heart to see that not only has nothing improved, things seem to have gotten exponentially worse (at least judging by posts here.) I know it's hard to... — read more 

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| 1690 views | | 6 replies (last January 20, 2021)
Post ID: @OP+18Zcqeud

Back to Layoff Discussions

We have had a year plus of editorial opinions and comments - seems calming down now so let's return this board to layoffs and office closures as it should be. Everyone has made a point.

How much did you actually grow in Fiserv?

The other day I was talking to a former colleague who quit before the pandemic because he could no longer stand the atmosphere. He was a really good and hard worker with a lot of experience and found a similar job very quickly. He says that while... — read more 

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| 2210 views | | 9 replies (last January 21, 2021)
Post ID: @OP+18V6Rt2c

If I was younger I'd be on my way out

I've been here for three decades and unless they lay me off this is where I'll retire. I'm too old to start again unless I have to. But if I was younger, if this was just the start of my career I'd be out of here yesterday. This is not the same... — read more 

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| 2020 views | | 9 replies (last January 18, 2021)
Post ID: @OP+18UMEt5G

Serious question

Sorry, this is not about layoffs but I have a serious question. With pretty much everything being First Data now (software, people, processes, etc.), why did they not change the name to First Data? I'm not asking this tongue in cheek, I'm really... — read more 

I left a job for this

A year ago I left my job for better opportunities and thought Fiserv would provide me with the room I needed to grow my skillset and advance my career. What a huge mistake I’ve made. Mildly put, I now regret it. I’m not going to ridicule this company... — read more 

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| 2220 views | | 7 replies (last January 10, 2021)
Post ID: @OP+18Ls7W0u

Stock discount

While fiserv gutted the employee stock purchase program, what they kept is restricted stock for your bosses. Restricted stock(RSU’s) are shares that they receive that cost them 0 to execute. Meaning their discount is 100%. Free shares to the... — read more 

2021

I see tremendous growth potential this year. Leaders with poor skills have been removed and shady behavior is being addressed. Folks, give this place a chance, there is a great opportunity here

New Fiserv is a powerhouse in every respect!

Very proud of how Fiserv handled the pandemic. Probably no better in the Fortune 500! Treatment of all associates, families and clients was exceptional. No fair minded person could disagree. Very much appreciate the new Fiserv, our competitors... — read more 

Source

Reliable source told me that there will be a 10% reduction in headcount come March

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| 2130 views | | 5 replies (last December 31, 2020)
Post ID: @OP+18yRgLhh

Fiserv

Fiserv is now like Office Space

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| 870 views | | no replies yet
Post ID: @OP+18y0L1WL

For a moment .....

Let us wish one and all, OFD and OFS a Merry Christmas and a virus free New Year. We can all agree on that.

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| 1060 views | | 7 replies (last December 25, 2020)
Post ID: @OP+18y1kdxH

Executive stock equity

Vests in February (they get paid) and their bonus hits in March (they get paid again). That’ll be another wave of departures after that

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| 1520 views | | 4 replies (last January 7, 2021)
Post ID: @OP+18wAwUOp

Is

FTS still a cesspool of bad behavior

Did FB change his mind on Remote employment?

Heard through the grapevine from a reputable source that the Fiserv office in Lake Mary will be closing and that employees will be able to work remotely indefinitely. Frank has always been adamant that you aren’t collaborative unless you are face to... — read more 

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| 3060 views | | 9 replies (last January 20, 2021)
Post ID: @OP+18sux6nY

Bottom line

It seems like OFD people have been focused on running a good business while OFS was focused on finding life partners and such. It shows in results

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