Are there an layoffs in the Clover business unit?
Topics regarding layoffs at First Data
My boss and I have been sitting in a whole bunch of integration meetings with the new overlords from Fiserv and they are quite the piece of work. Arrogant, even when you compare with us New Yorkers! The worst one seems to come from Wisconsin but is... — read more
The State of Nebraska Workforce Development staff proactively worked with the Federal government after meeting with numerous staff in Omaha who have lost their positions (guessing into the hundreds during August and November) and they determined that... — read more
Anyone knows what's going on in Denver right now?
The package is good, yet 150+ folks are being let go.
first data has one of the most unethical and toxic work environments i've seen in my many years of working for different companies... nepotism runs rampant here... the work is completely unrewarding... why even bother knowing that you have no chance... — read more
I know I'm not the only one noticing the huge turnover we've been having lately. I started a few years ago, and within a year my group had half of it people gone. Not exaggerating, half of them (and I am not talking call centers). Not that First Data... — read more
Don't expect to get any proper support or guidance from leadership at First Data... I've been here for a few years, and one time I haven't seen a manager in 10 months... When you finally do get to see a manager, don't expect it to be the same person... — read more
I'm sure I'm not the only one who's noticed the huge turnover we've been having lately. Not that I'm surprised by it. Working at First Data has been turning less satisfying and less rewarding by the day. If you're salaried employee, you can forget... — read more
So the executive committee flew in on October 3rd to tell everyone that they are not going to rebuild after the storm. Landlord has repaired the building and it's ready to reopen on November 15th. The senior management is using the effect of... — read more
KKR tried to Transform FDC into a Tech company with Clover POS and paid apps in the Clover Market, however, reality quickly set in with new management in that they can't replace the card processing revenue, it's their bread and butter, however skinny... — read more
Once again FDC, led by Frank Bisignano and Big Bank executives elected to lay off an estimated 20% or 3,000 business consultants and mid level managers. Wall Street analysts demanded expense reductions to combat low stock price...their way is to just... — read more
Any updates here? Is this true?
Long Island were last year, Maitland is 2016
In Sept 2003, Dan Rather of CBS reported First Data Corp Coral Springs, FL ordered their employees to train Congizant employees, then the Americans were thrown out on the streets... — read more
First Data hired a bunch of people then sold them the dream they will go far with the Company Notttt! Good thing a few got smart and left before it got worse, for those who had no choice but to stay and gave it their all were the Victims. Now they... — read more
by the end of 2015
First Data used to be a great company to work for, hasn't been for quite some time. Damn shame how they discard thousands of their employees at a time. No regard for people and their livelihood! Frank Bisgniano and his ginny cronies can go to hell!
All money to KKR, peanuts for employees, underpaid, overworked, discarded.
2000+ layoffs begin today Friday May 8th throughout the company. Since KKR acquired this company in 2007 there have been more than 15 layoffs approximately 2 per year. Zero job security, raises every 3 or 4 years if at all, no 401k match and high... — read more
Do you think we'll struggle in 2015 as well - I think that we might be turning the corner and that things might be improving. I know many people in Atlanta who still remember layoffs and are freaked out - but I think 2015 should be a fairly good year... — read more
Anybody has more info, I left in 2011
Anybody has more info on this?
We sacked over 500 people in Denver back in late 2013. Things will continue to go south in 2014, I can guarantee you this.
Is there more info on the size of the cuts?
It's in our DNA and people are used to this - it's the nature of IT, we have expensive staff and the best way to control cost is to let people go. Yes, I heard that 2014 will be rough.
Some Denver staff to be let go, overall 550 folks will be cut. We have 1000 people in Denver. More stuff is moving to Atlanta, Greenwood Village was moved to Atlanta in 2009... More cuts to come in 2014... Not fun, there is a lot of fear and anxiety... — read more