Great outcome as we do our job everyday for our clients, associates and shareholders!
Topics regarding layoffs at Fiserv Inc.
My theory on the case is the fact that this ended up being a reverse merger and some ofs not willing to accept that fact. Instead of being angry evaluate if you can get on board, change to new norms of operating (like putting the client and... — read more
I read these messages and am floored, disgusted and embarrassed. Let's be REAL...there are/were ppl in both companies that needed to go. No company has the cream of the crop in every role. OFD, if your stuff was so great why did you get bought... — read more
This is one of those infuriating things that happen here all the time. I have a colleague who does this to everyone. Small or large, he always takes credit from other people who put in a lot of effort into their work. I just can’t come to terms with... — read more
The way that banking companies lay-off people is very cut throat. No one knows until they let you go, because it is a risk to the company if an employee knows they are going to get let go. I would recommend that you all have your exit plan in place... — read more
Where the hell is our merit increases. 401k match. Full discount for stock. I’m tired of the stress with less and less pay. Tired of OFD thinking they are solving problems. Fiserv is the worst it has ever been. Went down hill after merging with this... — read more
March was a bad month for fiserv clients as it end work a high number of incidents. Hit especially hard were the Premier and FRMS clients processed out of the John's Creek data center.
Congrats to Frank and team, created an $80billion market cap and not even in the job a year. Can’t wait for year two!!
Do you think fiserv will allow work from home after covid? I hear my office in Dublin will close, but I don’t know what that means for my job
OK, I would say HR, because they never did anything for me, and I doubt they brought much good to the company either. I may be wrong, but those are my two cents. However, there are so many other useless roles, that I sometimes wonder what these... — read more
I thought the layoffs were supposed to start a week or two ago. Any new predictions?
About bowling green Kentucky
https://krebsonsecurity.com/2021/03/fintech-giant-fiserv-used-unclaimed-domain/ Read this article and the comments at the end.
With the vaccine being readily available by June, the work from work policy will come back in full force by fall. Along with the long planned building closures. The party is over soon
I would like to list some tips I feel would help reduce the number of layoffs of valuable resources in the long run, at the cost of layoffs of not-as-valuable resources in the short run: Heavily reduce the number of "enterprise coach", "scrum... — read more
It’s really starting to pay off. I was skeptical at first but first data brought a fresh approach. And it’s working !!!!
The OFD effect
Fiserv is NOT a walk in business to end users. Our customers are NOT individuals. Can anyone help me understand why Fiserv continues to spend money frivolously on race cars and "financial commitments to 20 other sports and entertainment venues"? ... — read more
All focus. Stock is up, covid is clearing and many improvements have been made. Let’s be positive and grow this thing !!!!!!
Despite the stress and anxiety, I can’t wait to get laid off. I have been preparing for it for months and I hope that some savings will help me until I find a new job. The most important thing is that I cleared my mind of any doubts - layoff is only... — read more
I was told in November that my job was being eliminated and that if I stayed until mid March, I would get a severance. But if I talked about with anyone or left early, I would not. My last day is next Friday so I would guess that there are many... — read more
I recently met a former colleague who has now found a new job, where he says he is paid better and generally has better working conditions. Still, he couldn’t resist asking about the situation in Fiserv and recounting a few ugly situations. And... — read more
I feel bad when I see how some people who don’t deserve it at all are more appreciated than some others who work really hard. I know that such a thing is present in most companies, but I do not believe that there is anywhere such an obvious gap... — read more
FB is not a growth leader he is an expense manager. It's why he was brought in at First Data and why he is leading Fiserv now. The company doesn't have organic growth left so all that remains is to cut expenses to the bone. This strategy works for a... — read more
It is annual layoff time and was wondering if anyone has heard where they are cutting this year ?
I heard it was Irving and not sure if first data has data centers in Texas as I got out of that place just before the merger. Had to be so frustrating for leaders to pay for DR for years and when it is actually needed, is not ready or takes much to... — read more
When I first started working a few years ago, I felt I was paid fairly. However, as the years went by, the pay did not grow with the weight and complexity of my job so I could no longer say that I was satisfied with the pay. At this point in time I... — read more
I originally got a 4% bonus (lowest since I've been here) with 40% cash and 60% stock that vested over 3 years. Then I got updated info that said it would be all cash. 40% paid out last week, the other 60% should be on the next paycheck. Just... — read more
Thinking about the 25% premium pay awarded during the pandemic and then the 10% permanent pay increase for 7,000 associates at a time when most other companies were/are furloughing and laying off! Very proud of FISERV and the entire team!
It has been brought to our attention that the 2020 individual compensation statement you may have received was inadvertently marked “Confidential-Sensitive.” This oversight is being corrected immediately-to remove the “Confidential-Sensitive”... — read more
Fiserv is my first job, I’ve been here for a little over two years, but I’ve already seen how things are in this company and I want to get out of here as soon as possible. What bothers me the most is the toxic atmosphere that is becoming unbearable... — read more
I work in the core technology area that maintains the hardware and the hosting platforms. Our stability has increased greatly in the last year. We are using the ITSM model to drive improvements and it’s paying off. Our internal customers are... — read more
Beat earnings (fired enough people), missed revenue (customers leaving product). More job cuts coming soon
This is no longer a company it once was, but no matter what, it should not be exaggerated that things are worse than they are. I don’t think everything is bad. There must still be some potential left that is untapped. I’m interested in what you think... — read more
The executives received their stock grants on 1/28/2021. Yes!!!!