Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

ADVICE

Whining and misinformation from many misinformed OFS staff on this site. Posting concerns is understandable. Keep the unfounded rumors to yourself. The security teams are monitoring. They are the best in the business. You will be caught.

New Omaha

Sounds like fiserv is being stripped for parts by KKR. The NY crowd is making some serious cash right now

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| 1630 views | | 5 replies (last December 17, 2020)
Post ID: @OP+18lpLql9

Profits up

Stock up. OFS continues to get shown the door. Coincidence?

Just rec'd masks/gloves/sanitizer

What a joke! Just rec'd, via Fedex(on a Sunday even), masks, gloves and hand sanitizer. These items are not worth $.50 and so small, they wouldn't fit a small child. Came from an OFD location too. So sad what they have turned this once great company... — read more 

One more

Big layoff of OFS should completely jack the stock to $175. More time for the ETG folks to take their long walks and morning swims

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| 1730 views | | 5 replies (last December 14, 2020)
Post ID: @OP+18hH4anz

NO LAYOFFS, GREAT IRONY, JUST SMART LEADERSHIP!

OFS posters predicting layoffs since Jan 19 only to find OFD smartly replacing only critical roles, redeploying talent and creating internal mobility. Result headcount down 3,000, synergies being achieved and client sat and engagement up. Pretty... — read more 

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| 1910 views | | 5 replies (last December 7, 2020)
Post ID: @OP+18gPaKPI

ON LAYOFFS

I have a really radical suggestion - let us all SHUT UP about OFS and OFD and rumors and arguments (leave that for Facebook) and GO BACK to discussing valid LAYOFF numbers. This is now an OP-ED board that is constipated.

18 MONTHS AFTER A MERGER, FISERV DOING WELL!

A lot to be thankful for...we have good jobs, in an industry that hasn’t been devastated. Clearly winning on every metric, financial, client and people! Ofdc and ofs becoming a thing of the past and new Fiserv poised to do well for many years to... — read more 

Fiserv Layoffs 2021

Post any information about potential or actual Fiserv Layoffs 2021? Any news or rumors?

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| 2720 views | | 7 replies (last November 24, 2020)
Post ID: @OP+184AbtJn

I QUIT!!!

That's all. I quit recently and it feels so good.

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| 2330 views | | 8 replies (last December 2, 2020)
Post ID: @OP+182AfaTJ

Big stock buy back !!!!

Thanks for sacrificing your benefits so us investors can make take profits this week !!!! Thanks Frank!!!!!

How many

How many employees were there in US at the time of merger and how many are there now

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| 1632 views | | 2 replies (last December 11, 2020)
Post ID: @OP+17ZvzPVw

Market average - yes or no

Not so long ago I left Fiserv precisely because I always felt underpaid. Now in another thread here I saw a little discussion about whether a company pays a salary that is less than the market average or whether it’s all a matter of perception... — read more 

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| 1640 views | | 6 replies (last November 21, 2020)
Post ID: @OP+17TxOxSf

Do not

Post here from your work computer!!!!!! People are getting fired for it !!!!!

Thanks Fiserv

I'm a recruiter at a major software firm and at the moment, I am basically getting paid to poach software developers from failing/imploding organizations such as Fiserv. I just recently poached another couple of good developers from the firm and... — read more 

Insiders

Take a look at the insider activity. They are selling like crazy. If it’s such a bargain, why is that happening

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| 1600 views | | 3 replies (last November 3, 2020)
Post ID: @OP+17GoUI8a

Buy

This is likely the biggest buy opportunity for fiserv in the next 10 years

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| 1360 views | | 4 replies (last November 6, 2020)
Post ID: @OP+17GgTIa2

Synergies realized

Fiserv is in fine shape at this point on synergy both expense and revenue. There’s no reason they drastically cut now. They’ve aligned the orgs for 2021 and beyond. Now it’s execution time

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| 1690 views | | 7 replies (last November 9, 2020)
Post ID: @OP+17GeBLWV

Fiserv upgrades

Fiserv stock has received a number of upgrades in the last week. That likely stabilizes the workforce reductions and is a really good sign heading into 2021

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| 1070 views | | 1 reply (October 30, 2020)
Post ID: @OP+17Gil3I2

Layoff site not Fan site

Seriously folks, this site is for employees to share lay-off rumors. It’s turned into a site for Fiserv managers and HR reps to toot their own horns and cheerlead for Frank. It’s pathetic. The people venting are using this page for its intersex... — read more 

Stellar Earnings!

Our company just posted tremendous results for the third quarter and now year to date in a difficult world to say the least. Frank thanked all 44,000 who have all contributed to this achievement! Incredible new clients who have signed in with... — read more 

Shutting down offices

Look out. They are closing offices while we are remote.....notice went out Monday.

Happy

I’ve never been more happy I sold my fiserv shares. Which clearly executives are agreeing with as they exit for greener pastures

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| 1183 views | | 4 replies (last October 29, 2020)
Post ID: @OP+17CSMtux

Tomorrow’s news

Sounds interesting, should free up some good capital to invest in employees

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| 1510 views | | 4 replies (last October 27, 2020)
Post ID: @OP+17CzRsdo

Bullish on the future

Today I see real moves that are positive and give us hope for a bright future for the first time in 3 years. I haven’t seen this many last minute invites for happy hour celebrations in years. Epay is ready to dominate, let’s go!!!

Karma

Today was karma for poor leadership 😂😂😂😂😂😂😂😂😂😂😂😂

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| 1950 views | | 9 replies (last October 26, 2020)
Post ID: @OP+17xvb2Gw

Fair or Unfair?

I read a lot of posts here and see a lot of negative comments. I understand the frustrations as I can relate to some of them personally, but some of these comments lack context. I'm typically a "glass half empty" person that's skeptical of... — read more 

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| 1730 views | | 9 replies (last October 22, 2020)
Post ID: @OP+17wrgNPb

Dealing with mobbing

“I know of a former Fiserv employee who was paid for being at Fiserv for half a year. I can't say he was paid for half a year of work because he was never assigned any thing to do. He just sat in his cube and watched videos for eight hours a day. He... — read more 

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| 1560 views | | 3 replies (last October 20, 2020)
Post ID: @OP+17wCNtai

Just paying your fair share!

The thing the last post didn’t say is that the new Fiserv implemented a philosophy that all in the same pay range pay the same for premiums AND those who earn more pay more so the majority of associates will pay less. Too bad more of our Ops and... — read more 

Fiserv Screwed Employees in 2020!

I just got a notification today that Fiserv is changing our medical benefits program, and you will have to pay medical based on your salary now. The more you make, the more you pay. The new Fiserv glass ceiling moto. Now I get another 75$ a paycheck... — read more 

Soon

Soon the plan will be complete. Most OFS employees gone, other than yes people. First Data now rebranded as Fiserv. Soon the journey to the dark side will be complete.

Warning to anyone considering joining Fiserv

I would stay away. The company is okay with employees routinely working 60 hours a week. While my pay on surface is fair, when you look at it by the hour and what it is doing my health, happiness, and family; I am underpaid and it is not worth it... — read more 

Meanwhile, In Court...

I wonder how big the settlement will be once this gets done? https://www.cyberscoop.com/fiserv-bessemer-credit-union-lawsuit-cyber-consequences/ Cue OFD lickspittle response in 3... 2... 1...

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| 1610 views | | 3 replies (last October 14, 2020)
Post ID: @OP+17pMOiy1

Glassdoor reviews by First Data

Great company to work, Fantastic company to work, Great, Great ..... the new reviews obviously all written by the same First Data shill. One recruiter in Alpharetta however really slams the door on the place that used to be Fiserv. Get OUT of the... — read more 

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| 1580 views | | 3 replies (last October 13, 2020)
Post ID: @OP+17pBMvYK

Always Posting Negatives (Sorry)

feel like I'm always posting the worst news but I reviewed a leadership deck today for 2021 benefits. its going to be a very difficult pill for many to swallow (sorry for the healthcare pun). main benefits cost will be raised by between 30-50% per... — read more 

Reorg

My boss has let me in on the upcoming major reorg. It’s an understatement to say it’s completely transformational. The last parts of OFS will be officially gone. Think 15%-20% reduction in force. Big salaries with small staffs will be completely... — read more 

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