Anyone remember the good days at pre-Fiserv ITI in Lincoln? They used to pull you aside and give you a raise or bonus on the spot for putting in extra work over a weekend. They had their own private jet and pilots. Leadership cared about their... — read more
Topics regarding layoffs at Fiserv Inc.
We've tried voicing our concerns via support cases/emails but lately we feel we're being fed canned responses. We have customers who cannot even reliably USE your products because of constant SQL server issues and rollbacks. Please get your act... — read more
Knows something you don’t realize. The market is efficient and it’s telling you fiserv is in trouble. There are 2 choices, grow out of this or cut out of this. We’ll see which way it goes
I don’t know how they plan to meet their goals with fewer and fewer people. No one is overly interested in working here anymore and people are leaving. Recently, 2 colleagues left and yesterday another. The conditions are becoming really unbearable... — read more
What's the deal with June layoffs? Is it happening or not?
Cost cutting hurts employees. Late merit, they will even get 2% this year, reduced 401k, reduced stock purchase discount, medical expenses increasing and taking away employee cell phones. How much do you want to bet travel, training and conferences... — read more
Ouch. It will be interesting to see how HR unpacks this one for us. They will no doubt frantically blast out more "VROOM VROOM! Start your engines!" emails as the company violently implodes and goes up in flames.
Up more than 100 places since merger!
Buying new clothes, spending money on gas and car maintenance, wasting 10 hours a week in traffic... all so management can look over my shoulder at my screen rather then just pulling it up via the spyware they installed last year. I can't wait to... — read more
Does it seem to you that the competition is doing much better things and going much further, while the management at Fiserv does not know what to do with this company? I hope I'm wrong, I would most like Fiserv to be far ahead of all the competition... — read more
Not really related to layoffs. I'm just wondering where Fiserv is pushing innovation and R&D. Anyone working on DAPPS? Are we doing anything cool at all? Mining? Staking? Or are we all in on race cars, paper checks, and physical silver/gold... — read more
Your 52 week high is $127 and you’re at $115 is that bad
I am no sycophant but believe in giving credit when credit is due. Well thought out plan, vaccines, training and based on the belief that leaders should lead from the front. No timetable for others, ceo committed we can make the call on the timing... — read more
I was talking with a few friends in different groups, and they said they are understaffed as well and have been working 60+ hours a weeks. No compensation for the extra hours, and in some cases, people have to flip-flop their schedules at night now... — read more
Team meeting today and we were asked if we would be willing to return the office by July. A teammate reminded our manager that FB said it would be after labor day, which our manager said with everything opening up the leadership is encouraging teams... — read more
did he get laid off or something?
I believe the KKR sell off of 20 million plus shares hurt more than we think and scared off some investors. KKR needs a orderly exit. It seems every time the stock has momentum KKR takes it down with huge sell offs. Can’t this be done in a more... — read more
I keep in touch with my manager outside of work from time to time. We generally don't discuss work-related items, but this time he/she felt the need to communicate something to me out of courtesy. There is a big reorg on the horizon. It was also... — read more
Put it all in an S&P 500 fund and call it a day
Who agrees with me that PC might make a good CTO and get the company back on track?
The company loves to put up a facade of professionalism but is anyone else noticed the unprofessional manner in which managers conduct themselves? My manager is a disrespectful POS who gets wayyy too personal and keeps starting projects that will... — read more
Just wait - Frankie will have everyone forced to show a vaccine card at the door, and will lay off anyone who fails to produce one.
It was still trying when I was there a few years ago...
Layoffs - not one layoff or furlough occurred due to pandemic. Of course any company that merges has synergy related layoffs but the vast majority occurred in late 2019, early 2020. Attrition - attrition rate at all time historic low for both... — read more
I was very scared of the fresh start after many years at Fiserv, but I decided to give myself a new chance. I was in a dilemma, but things became unbearable here. I didn’t expect to find a much better option, but I wanted at least a little better... — read more
Frank is Mr. stating the obvious at Momentum - Forum. The host is throwing soft ba--s at him and he's striking out. Not a leader who can inspire customer and associates.
What is the corporate hierarchy at this company? Is it usually team member, manager, senior manager, director, senior director, VP... or some other hierarchy. Any comments welcome. Thank you.
I constantly hear about some of the very talented people leaving. It seems to me that Fiserv no longer wants or can retain the talents? Or perhaps better said, Fiserv can't hold anyone back. That's awful. I just wonder what this company will look... — read more
Now just a bunch of mostly incoherent ranting or crude, disgusting comments. There haven’t been any layoffs since February of 20 and the last posts a manifested of sorts. It is clear the pandemic has affected someone’s mental health. Sad... — read more
I sold all my Fiserv stock one week prior to earnings. Now it is down more than 10.00. Im sitting back watching this fizzle out. Would love to hear from the rah rah I love Frank guy. Why u so quiet now?? I had an employee tell me today they are... — read more
This is what you're facing (or used to, at least until recently): Environment: Most teams are a core team of good ol' boys who have been with Fiserv for years, if not decades. They are often very close friends. Also in this team are 1-3... — read more
Maybe you should look at hiring the right people, instead of putting friends and buddies in positions they are not qualified for. In our group the VP has no clue about the technology stack, and doesn't consult anyone if the ideas they are thinking... — read more
I heard Dublin office is moving to another location within Central Ohio. Anyone know any info on this?
So the company encourages us to complete surveys and advise that they are anonymous So we as employees believe them and complete the surveys. Right? The results came in and leadership is crying. Managers beg their staff to provide feedback... — read more
Significant insider sales reported extending the trend from last quarter. The gutting has started
Maybe a return to quality people instead of quantity would rectify the quality and service disruption issues. That starts with not so much salary, but benefits that retain good people...like 401k matches and discounted ESPP. Worked really well in the... — read more
I see nothing but good things happening in Fiserv's future. The 401K will be eliminated in favor of a "bring your own retirement" plan Outages will reach new extremes, resulting in lawsuits and a severe loss of clients Frank and Guy will... — read more
https://www.nasdaq.com/press-release/fiserv-announces-secondary-offering-of-common-stock-by-new-omaha-holdings-and-0 Fiserv Announces Secondary Offering of Common Stock by New Omaha Holdings and Associated Repurchase Guess what's going to... — read more
I wonder if others have a problem of literally being overwhelmed with work in the last few months? It’s really too much work, and I don’t think I’m exaggerating if I say I do work for 3 people. That is not normal. I don’t see any other solution... — read more
Let's see how long it takes for the fake HR replies to come pouring in. They take it VERY personally when you call out their price pumping scheme.