Think about the track record of Fiserv “leadership”. Fiserv was a middling company until they bought checkfree, the company Pete Kight built. Tom tried to run the payments business for Fiserv but his only talent was trying to dress cool but really... — read more
Consolidated thread: Corona Virus & Fiserv
How do you see things - what will happen next?
97% of companies allow teleworking. Fiserv is aiming for the 3%
The move to remote work has been building in recent years, as technology improves and a hot labor market has put more companies in the mind-set to give workers the flexibility they want. Nearly 70% of employers said they allow people to work from... — read more
Big layoff
Last week GS and GDC had big layoffs. Any updaye on counts?
2,606,307
That's the number if FISV shares directly owned by FB. FB: 2,606,307 shares x $109.36 = roughly $285 million JY: 415,537 shares x $109.36 = roughly $45 million JY has been regularly selling FISV shares each month (2 homes in Malibu ain't... — read more
Most amazing thing
What is the most amazing thing to me is that post after post, whether it's this site or Glassdoor or any other, people are screaming out that FD leadership s—s. People are screaming, this is not working. FD runs over everything and everybody with... — read more
Last Day today at Fiserv!!!!
Turned in my laptop this morning after finding a job with a competing company. The writing was on the wall so I took my own future in my hands. Why board the Titanic if you knew what was going to happen. After watching 2 months of oFD leaders in... — read more
Sapience Activity Logging
Sapience was added to my PC last week, no notification, just started logging my activity. I called my boss to ask what was up and was told it was a surprise to my entire leadership... Which I don't believe. They are using this to decide who... — read more
Layoffs this week
Hearing a large number of layoffs this week hitting the Atlanta and Dublin offices
So
Is it true MW is out of Fiserv and DN is now taking over ETG? Have the quality issues slowed
Rolling
George Dalton is rolling over in his grave right now. What a sham. What a sad situation.
ITSM
Is Fiserv still a strong supporter in the ITSM approach to systematically address quality issues. Is so this likely will be bearing fruit in the not too distant future
Lincoln or Omaha?
With the Georgia consolidation discussion in another thread, anyone heard anything on Nebraska? Fiserv has the Lincoln presence, FD in Omaha. JY met with the governor a month or so ago. Wonder if anything is in the works to consolidate.
It seems
Like while all the intrigue continues and this frank person schools midwestern Jeff the stock price is nose diving. At some point it’s all about the money Some companies believe treat employees right and the stock price follows. Guess we’ll see — read more
Alpharetta or Atlanta?
$900,000,000 in savings needed, and there’s no point of having 2 big buildings 15 miles apart from one another. Fiserv is new but FIrst Data building was a HQ with a lot of people. Which will get shut down?
Has anyone else
Encountered this CIO Drew Newman and wondered what value he adds other than firing people
Recent Post
Looks like they took down a recent post. Truth hurts I suppose.
Layoffs to come
Honestly if you are mid 40’s and older you should be very concerned about the future Workers in that age range are the synergy sweet spot for cost savings. They will not miss numbers 2 quarters in a row
Any news on card service lay-off?
Any update in card services area layoffs? WFH etc people.
Bonus delay
Why are the bonus payments being delayed. Is it to manage Q1 costs or is there a underlying problem
Fiserv Omaha Office Layoffs
Any status on Omaha Office layoffs, Debit Operations or Credit Operation divisions?
Alpharetta Office Invasion?
Anyone see a number of OFD people starting to move into offices at Alpharetta? I've noticed a few and wondering if they are all going to start moving in as original Fiserv get let go.
Rules change - and humor, badly needed here
I am ex-Fiserv and sad to see everything changing for the worse. So this is not too farfetched these days but we have to laugh at the chaos of atit all or go crazy. Sickness. NO EXCUSE . . . we will no longer accept your doctor's statement or... — read more
NO REMOTE WORK!
I know that FB is completely against remote working remotely. After KKR brought him into FD the first thing he did was eliminate those positions and force people into offices. Has this been communicated to all Fiserv staff?
Severance Payment
What is it?
Fiserv Stock - Odd - Artificial Inflation Maybe?
I’ve noticed a lot of news around the Fiserv Stock performance expectations. I have not seen this much advertising around this stock ever. It makes me a little nervous to see all this advertisement, and for all you Fiserv stock purchasers. Have you... — read more
Hello Sapience
Installed February 2020, automagically
John’s Creek
Is it true the JC data center is closing and being consolidated into another first data site ???? What is going on???
Dublin office closure
Sounds like this will be announced March 15th. “Relocation” offers will be made to key people so they can work from an approved office location
Ok kids who's ready to vomit
https://www.marketbeat.com/stocks/NASDAQ/FISV/insider-trades/
CEO buys 2nd Malibu home
I an era where many Fiserv folks feel betrayed by the "acquisition," their CEO is living the high... — read more
When can we expect layoffs to continue?
Today? Next week? Next month? Do we know anything?
Missed on earnings, layoffs to accelerate?
Looks like FISV fell a bit short on revenue and EPS, so I guess FB will be asking for another round of cuts. Thoughts? Maybe another reason why JY is bowing out?
Layoffs this week?
Has anyone else heard about lay-offs coming this Thursday in the electronic payments division? Trying to not have to pay out March bonuses ?????
Control your own career
Fiserv is in a period where their only lever to grow stock price is to manage earnings (fire people). It will be random and without reason. So buy the stock, but don’t risk your career to people who neither know or care about your business. ... — read more
How many people work at Fiserv?
Do you know what are top three locations in terms of employee count? Also, how many work at Brookfield?
Heads up on firings
I have worked for this company for 15 years. I had never had a bad review, was never placed on a performance plan. New management from First data came in and fired 3 people from my group on the same day citing performance issues. When asked for... — read more
Fake job listings?
I was laid off a while back, and I like Fiserv so was looking for jobs that I could apply for to come back in. But every time I click on something that I get an alert for in job hunting sites it says it's expired? Are these real jobs or is Fiserv... — read more
What's the Latest?
I don't work anywhere near an office so I am very far removed from any news or office morale that might be going on. Not much going on here does anyone have any updates on when layoffs might begin with ernest? Especially if you are remote?