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Laying off Employees during Thanksgiving week 'Elevates Fiserv'

Long term loyal employees are professionals and do understand the changing business environment. If the business has a need and decide to send them out, atleast pick a decent time to do it, well before or after Thanksgiving week.

Don't punch them hard in their face 2 days before Thanksgiving, they have to show their face to their family when they get home.


Tired of the a-s kissing

Seeing all these sycophants “oh the C-some bullsh-t-three-letter” is doing this and that’s the right decision. So many fools running this place and there’s a halo because they get paid highly and therefore must be brilliant. Fu--ing mo--ns every last one. These geniuses had so much time to right the ship.


Verizon is a hot mess

I am a new employee via contract and 8 months in my observation has been WTF since month 3, when I really got the lay of the land. Beyond the share price decline and lost market value, the organization lacks unity and accountability. There are way too many mid level people actioning work who are not great at what they do or have been told by their boss that they are not accountable for keeping to a reasonable level of standards for collaboration across teams. I’ve seen senior people refuse to collaborate and throw their peers under the bus. I don’t know the history of the company’s decline/ drama but when I joined I had friend at Amazon, Chase and other solid places say it’s a great company- these are good friends BSers. I am curious if anyone here would like to share WTF happened or if it’s always been kind of a mess.


R.I.P.

Thank you to all those in the know, (still on the inside), who have given what you could here.

Thank you to all those, (on the outside), who have chimed in with your experiences.

Thanks to all for the wisdom, the therapy, the venting, and yes, the laughs as we all collectively process through this.

Let the fires burn hot and the whisky sting on the way down. Rock on !!!


To all those who were laid off today….

Just remember that your entire livelihood and career is worth about 1/700 or even more of the $74m discretionary executive bonus pool for 2025. This is split by 5 employees.

Your whole family and your dependents and kids futures are just a rounding error for the leadership team. Shoulda been a shareholder, su-ks to su-k 😂 😂 😂

https://investors.att.com/~/media/Files/A/ATT-IR-V2/financial-reports/annual-reports/2025/2025-notice-of-annual-meeting-of-stockholders-and-proxy-statement.pdf


You people down vote everything

Some people on here have shared some experiences and your reaction is to down vote it. I guess that makes you feel better? Burying your head in the sand?

I am sorry, but Verizon is going to be a horrible company to work for in the near future.

So go ahead and down vote people who post honest remarks if that makes you feel better. It won't change a thing.

Not everyone on this board is a troll.


When you know Better Do Better.

Been with SAP 15 years. I am a women and experienced harassment my whole life, but the icing on the cake was when I experienced psychological harassment from a newly appointment manager who had no experience in management at SAP.

It was obvious to our team, he was problematic. I told my team we should report him, nobody wanted to report him.

I took matters in my own hands, confided with attorneys and played my strategy and reported him to his manager, and HR. 4 months later he was fired.

That said, I was appalled nobody would do anything including his manager until there were more complaints about him.

I had to escape like an abused woman from my incompetent manager at SAP.
I expected better from SAP.

All this to say, I hope SAP cleans up at ALL levels, because the ship is starting to crack.

Money is great Integrity is better.

For managers out there! Do better.


ML If you are reading this..

I posted here about how a TC vape pen was planted on company grounds. I reported discriminatory harassment, which ended up with what I'm certain was retaliation. I criticized this heavily, and believe some former/current C-suite have escalated things. It has been posted on this forum about a 2013 spying scandal. You will find that certain technologies were still being used according to their 2020 financial reports listing Fiserv as a client. These are difficult people that will do whatever they want to make your life hll in NJ.


Terrible VZ culture

It's going to be tough to right the ship after being so anti-customer for decades now.

I used Verizon cellphone service for a year in the late 1990's for sales position and was so put off by the overall experience I switched at first opportunity back to AT&T. In the mid-2010's I tried Fios and had the same terrible experience. Different LOB, same BS.

Verizon has a bad reputation with customers that will be difficult to shake off with promotions.


Perks

Do you all get any perks? We're a core team in Brokerage, responsible for one of Abby's three goals flashing on the TV these days. Yet, no team lunches whatsoever. After our persistent complaints, our scrum master (great guy!) organized a Pizza team lunch, out of his own pocket later we learned!

Meanwhile, other perks such as AWS ReInvent tickets, this and that training camps... the leaders are kept among themselves.

Wondering is it the norm or where I am su-ks?


Citi wants desperate people as a preference.

Overall, being let go may be a blessing in disguise. Citi does not want people who WANT to be here but rather people who NEED to be here. People need a job that goes without saying after all you gotta pay the bills. Citi though, wants people who are really desperate like really lean on the insurance. This way management has more increased leverage against you. They can squeeze in the long hours all the while strongly insinuating to not make a big deal about it after all “you really need this job, so don’t rock the boat. How’s that insurance working for you that you really need.” Its always a tongue in cheek comment that’s uncomfortably laughed at, at the time, but the implication is still there.

There’s a mental formula that’s assessed I believe. The more kids you have, the more dependent you are on insurance, the more bills you have…..the more “they got you right where they want you”. The pressure can really be applied. Usually summed up with berating you in public on team calls so that the others can see and know to step in line or else.

I’ve been in 5 different teams over the years and have cycled through 9 different managers. Two of them were really awesome but they too saw the systemic toxicity and left to go elsewhere. The other 7 managers stuck around where they can thrive and their skills (bully tactics) are appreciated and leverages quite readily.