Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

Recent Layoffs

This wasn't just conversions. It was development teams from all applications. It was a very large RIF and it was aimed at long timers with tenured salaries. And you are correct, FGS is getting the work.

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| 84 views | | no replies yet
Post ID: @OP+NEAi5XP

Bank Solutions

The conversion programming teams across all platforms felt their first loss last week when 3+ employees were cut from each team in addition to other departments. The plan for the conversion programming teams is to eliminate the U.S. Employees by 75%... — read more 

April 28, 2017 Layoffs in Alpharetta

Heard of some more people that were let go in Alpharetta today, 4/28/17. Jobs are being sent overseas. Wishing those affected the very best in their search and next opportunity.

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| 2202 views | | 1 reply (June 5, 2017)
Post ID: @OP+N2H4Eap

FGS

Really enjoy seeing all the jobs being sent to Fiserv Global Services (FGS) in India. It has been great for our stock price.

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| 2960 views | | 4 replies (last March 5, 2020)
Post ID: @OP+MPV0van

March 30, 2017 Layoffs

Layoffs across Bank Solutions Group on 03/30/17. Some people near retirement age who were with company for decades. Continuing layoffs. Staggered over a few weeks as individual divisions work independently to identify who to let go. Confirmed to be... — read more 

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| 4880 views | | 7 replies (last June 13, 2017)
Post ID: @OP+Mz7QRbj

The ax fell today.

After 20 years of loving my job and dedication to Fiserv I was let go due to "Reduction in Workforce" . It was quite a shock and only took about 14 minutes from start to finish. I thought I was calling in to have my annual goal setting meeting. Boy... — read more 

Petition to US Department of Labor Submitted to determine if Indian Jobs were spared whilst American Jobs were cut at Fiserv.

OK a Petition has been submitted to investigate if American Jobs went to or simply stayed in India. They wanted to know if anyone had trained or mentored anyone from India. I for one did have Indian people that were from Pune that everyone on our... — read more 

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| 2432 views | | 1 reply (March 4, 2017)
Post ID: @OP+M7v5qL2

Trade Act!, we should be able to get at least 3 to take the link to get an investigation going as to if Indian Jobs got saved...

Fiserv saved jobs overseas in India, while chopping heads in the United States... We need to only get 3 people to ask for an investigation into this and we may be able to get far more then unemployment benefits for what they have done... — read more 

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| 2640 views | | 3 replies (last March 11, 2017)
Post ID: @OP+M5NwCQa

2/16 - Fiserv Laid Off 46 in ePayments Group

Word from the street is 46 people got let go the day after Digital Channels let their people go. Semi-old news, but I thought someone would be interested in the number

Fiserv handled my Severance pay very badly... Projects change hands so often that people get thrown under the proverbial bus

Ok I was one of many of at least 175 people laid off, and it likely is more. They have sites in Oregon, Ohio, California, and Georgia and others. Layoffs took place in at least 3 of these states. Fiserv layed people off near the end of January and... — read more 

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| 6310 views | | 3 replies (last October 27, 2021)
Post ID: @OP+M5GqjxG

5% reduction

I have heard a 5% cut across the board is coming. While I have heard of US cuts, I have heard of people being saved being in India. Cuts in my group started today 2/15/17 but I have heand cuts will continue into next week. Frustrated that some jobs... — read more 

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| 3070 views | | 9 replies (last January 8, 2019)
Post ID: @OP+LSJGN3K

jobs going to India

They are laying off hard working Americans and sending the jobs to India. All that confidential information being processed overseas. What a shame. Trump wants to being jobs back to America, he should levy a tax on any job sent overseas

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| 1844 views | | 1 reply (February 16, 2017)
Post ID: @OP+Kv93W2I

Worked at Fiserv for over 10 years - changed for the worse

Fiserv needs to look into HR and employee retention . HR is fake and do not maintain employee confidentiality and the managers bully and harass employees if they want to want you to leave . Very poor managerial practices .. Too many reorgs making it... — read more 

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| 2250 views | | 1 reply (November 23, 2016)
Post ID: @OP+KvuOXaz

Fiserv Layoffs 2017

My husband is working for the company and he's very concerned that job cuts might be coming and that he may lose his job. He works in Brookfield.

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| 3070 views | | 2 replies (last March 2, 2017)
Post ID: @OP+KvPQUnM

Fiserv is sending banking information over to India.

I know someone who worked for Fiserv and there were talks of layoffs as they send all the work they did to India. They were told that it's not Illegal since Fiserv "owns" the building in India that they send the work to but they don't want their... — read more 

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| 2651 views | | 1 reply (March 23, 2017)
Post ID: @OP+KrAbiZl

Looking ahead: Layoffs

There will be "re-organizations" coming up in the next 2 years. Fiserv will continue to make more cuts in efforts to increase shareholder profits at the expense of laying off more employees. The morale is down in several business units and the future... — read more 

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| 2350 views | | 1 reply (November 20, 2016)
Post ID: @OP+KqDFHBh

Bad Recruitment Practices

Someone needs to look at recruitment practices because it's a disgrace. Fiserv Inc has bullied and harassed people to the point of driving them to illness and/or just upping and leaving.

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| 1644 views | | no replies yet
Post ID: @OP+KqyizXK

This used to be a good firm

I remember the times when this used to be a good place to work in. Nowadays its just awful. The management cares only about bottom line. Saving a penny on the workers account changed everything. Outsourcing is on the one end of it, but that's not the... — read more 

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| 2080 views | | 6 replies (last November 24, 2016)
Post ID: @OP+KqyoBMI

Ready to be thrown under a bus

Bureaucracy is eating up Fiserv. And I don't see leadership doing anything about it. Department cooperation non existent. Not only that the left hand doesn't know what the right hand is doing, but the managers are ready to throw each other under a... — read more 

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| 2240 views | | 1 reply (November 18, 2016)
Post ID: @OP+KqVzENT

Customer Satisfaction Tanking and 2017 Layoffs

For the past two-three years it appears that customer satisfaction is less than stellar in some divisions, and enough customers have left the company to cause a ripple of layoffs in Q1-Q2 of this year (2016). For instance, if you are in a division... — read more 

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| 2360 views | | 2 replies (last February 20, 2017)
Post ID: @OP+JYtxuvC

Fiserv layoffs

They are coming. Brace yourself for a work force reduction

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| 2710 views | | 5 replies (last June 25, 2016)
Post ID: @OP+FDBZMgd

Fiserv Layoffs 2016

What is the likelihood of Fiserv layoffs in Brookfield in 2016? Please let me know if you have any information.

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| 3421 views | | 2 replies (last April 17, 2016)
Post ID: @OP+EjzERbf

2014 Layoff Plans

Is it true that we will be going through a large shuffle later this year and that some of our folks may be getting pink slips? I've been with Fiserv for about 4 months now and this talk makes me all nervous. Please share.

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| 1633 views | | 1 reply (June 12, 2014)
Post ID: @OP+vV4j5BH

Severance question

Now is not good time to be in financial services industry - I work for a competitor and it' brutal. BTW, can someone let me know what is a typical severance pay at Fiserv?

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| 7990 views | | 4 replies (last February 14, 2020)
Post ID: @OP+sZq9J9x

We are laying off people again

We are laying off people again. It's sad to see that some of our best folks are being let go.

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| 1325 views | | no replies yet
Post ID: @OP+crhfB2E

and there are 200 people being laid off now

and there are 200 people being laid off now. jolanda, it all depends on where you work, the company is too big. we hire and fire at the same time. if you have hot skills that fiserv can leverage and make money off you

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| 1386 views | | no replies yet
Post ID: @OP+9gSZFbC

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