#culture

I know that probably sounds strange, but when layoffs actually surprised people, it meant they happened rarely enough that nobody was constantly expecting them. These days, layoffs feel so normal that there’s barely even shock anymore. We’re always waiting for the next round, so when it finally happens, it just feels like more of the same.

Go to sparq and go under career and learning on the right hand side.
Select “request feedback from colleagues.”
You can see who is on leave of absence paid and unpaid and everything. Wow. Good going that HR in India sharing all the personal details of people smh.

Few monkeys were caged with a ladder and a hole to escape at top of cage. Whenever any monkey tries to climb the ladder and escape through hole, Huge force of Water is sprayed on them. Slowly all the monkeys tried to pull the climbing monkeys and hit. No monkey climbed even if cage was open.

Similarly, even when employees try to use their skills, management is pushing towards AI. eventually employees will lose their own skill and when they are out, they feel like they are lost in market and will try to go back to Oracle cage.

Shameful Peanut Monkeys

Just one inch of power in this job market and they have become the mean girls from high school again.

I find it unbelievable how many VP's Optum has. One thing I learned was that when Optum acquires a company they assign them a title based on the money that they made in their last company. Hence, so many people having titles that significantly outrun their skills. Optum's VP's are a great example.

It makes everything so much more stressful. Not that I expected them to care, but still.

I come on the site to see what people are writing and thinking. I think is hilarious how most of you just complain and some of you call MD and JC names and how they are id--ts. You do realize MD created a $100B company and he is one of the richest Individuals in the world and JC Is the COO who has made millions. WHAT HAVE YOU DONE!!!

You guys are brave coming on this platform with no ideas, no solutions insulting individuals hiding behind your screen. If you are so miserable then quit. You know why you don’t leave, because you probably realize no one would want to hire you.

Can anyone explain why employees are still being required to complete their PDS even though they’re already being laid off in 2026? HR is saying it’s mandatory if an employee doesn’t yet have an official termination date. Honestly, what’s the point of going through this process when performance results won’t matter anymore—unless IOL just wants to rank these employees at the bottom to boost the ratings of those who are staying.

Efficient workers got punished with more work.

You will never get paid what you’re worth.

The exploitative people in charge are paid for their cruelty.

People who don’t care are the happiest at their job.

They hired for this yet laid off the most important people that had teams fall apart.

What even is this role?

I used to love coming in on Friday because the office was empty, the manager never showed up, and it was a peaceful productive day. Too many of you are now thinking the same thing and coming in on Friday now and I need you to go away lol. That is all.

…for JDI day? Do you feel like they should’ve canceled it like wellness week?

USAA has a policy that all new roles are in office. Remote employees that post for new roles must move to an office location if they want a new role. It also has a policy that all roles are posted for at least 5 business days. This does not appear to apply to all people. Good ole boys get special treatment. The bank just hired a new chief compliance officer and the role was not posted. The new chief compliance officer is also remote and does not appear to have moved to an office location. What gives? Why is there special treatment for certain people while the rest of us remote employees are stuck in our roles unless we are willing to move?

To all my Qualcommers who survived a dozen layoffs this past decade, this one’s for you 📈 to all of you who are still bitter, I’m wishing you nothing but the best 🙏

there is a quick catch up event on our calendar

organizer is the chapter lead with everyone in the team

when will this fu--ing thing be over??

Board and Leadership should be ashamed

We already had a culture of “every employee for himself” thanks to stack-ranking (based on dubious criteria) and other shenanigans.

Adding the constant threat of layoffs isn’t going to make people more collaborative and more willing to share information. You have to laugh at the ineptitude of whoever came up with this strategy! It’s like shooting yourself in the foot because it was hurting.

PNC implemented a five-day return-to-office mandate this week. This policy requires most employees to work onsite daily. Many employees expressed strong negative reactions on social media. Concerns include long commutes and childcare challenges. PNC states the policy supports collaboration and culture.

Pittsburgh, PA

https://www.pghcitypaper.com/news-2/labor/amid-five-day-return-to-office-mandate-pnc-employees-vent-on-social-media/

If you are a retail rep please comment on examples of your assistant manager/general manager how you are forced to add things to customers accounts

Leadership isn’t about staying quiet when things get hard. It’s about having difficult conversations especially when their employees are struggling.

What’s disappointing is watching so many of them stay silent while the mental strain on employees keeps growing. Ever since Dan became CEO, the focus has been nonstop customer obsession and AI obsession while the human side of the company feels ignored.

Employees are exhausted. Morale is down. People are anxious about their future while incredible talent is being pushed aside in the name of efficiency.

Let’s hope state and federal governments begin putting real guardrails around employment as AI rapidly changes the workforce. Companies should not be able to aggressively cut human talent in pursuit of automation without accountability or protections for workers and environment.

At some point, companies need to ask themselves: what happens when we automate away stability for millions of people? Will all of this still feel worth it when unemployment rises and people can no longer support themselves? What’s most disappointing is not just the decisions being made but the silence of the leaders who see the damage being done and still choose not to speak up.

Technology should support humanity not replace it at any cost.

SAP used to be the greatest company to work for, at least as far as I am concerned.

But now? Not anymore. The current board is su-king all joy and enthusiasm out of work.

But are other companies that different? Oracle... meh. Microsoft... no thanks.

Is there an alternative that a) pays well, b) treats their employees well, and c) is large enough not to disappear in the near to middle future?

I am not aware of any, unfortunately.

bravo you accomplished crooks and used car sales men !

This African proverb explicitly warns that in an emergency, you have to stop trying to "be right" and start trying to survive. If you keep bickering, you’re essentially choosing to allow the house to burn down just to win the argument. This is the perfect depiction of what is happening at BNSF and everyone is playing right into it. Managers against employees. Employees against managers, Employees against employees, managers against managers. HUGE Trust issues. Is this a huge daycare??? The competition loves how BNSF is having its managers go after their employees and pitting everyone against each other. "A house divided against itself cannot stand" -Matthew 12:25 The leadership is probably the worst i have ever seen. If you want to thrive, take Buffets advice and "Stop writing people up" Even he saw the ridiculousness in the way it was being ran. Looks like its gotten worse unfortunately. So glad I left that toxic place. Never in my life did I see more people against each other than at the bnsf. That culture shift starts at the top. If you want your company to change, then YOU have to change.

It has been circling the drain for 10 years.

Going George Costanza mode. Great time to get laid off for 6 months if you were also in the crosshairs. Looking on a potential bright side; the culture here started to su-k 5–6 years ago. Will be looking for a company that at least does a better job pretending I’m not just a number when breaking my back for them for over a decade!

Soooo many posts on LinkedIn in recent weeks of coworkers across multiple departments who’ve been here 5/10/15+ years leaving for better opportunities. Proactively leaving and not waiting for next round of layoffs in case they get hit next. Good for them and god help us who stay on this sinking ship thinking anything will change.

Nike leaders keep saying that they are flattening the org to keep things simple, but GT is still a mountain of management.

If most employees still have 2 layers of managers, 2 of directors, 3 of VPs, and 2 of C-suite leaders, what exactly was 'flattened'?

Its been literally years now with daily posts about RTO.
Bichin on a layoff forum won't change a thing.
Sh#t or get off the pot.

Zero cred in culture presently.

Pathetic that we have zero heat. Look at Nike.com for 10 seconds and it’s all retro garbage.

Today I came to a realization that Medtronic has lost its heart that made it what it once was. The mindsets to get ahead now are more in line with wall street (wolf of Wall Street reference) than with a company who gives people a second chance at life. Try to model a different leadership style or speak up and well….

Even our doctor is getting replaced with a Indian. Seriously, how is the mental health at this company? Every coworker i know in the past doesn't talk any longer, its like everyone is zip. Absolute worst company, and worst treatment of humans of any company i've ever worked.

I believe Verizon needs to continue building a stronger market-driven culture focused on performance, accountability, and long-term competitiveness. That means making difficult decisions when necessary, including reducing redundant positions and streamlining teams to stay agile in a rapidly changing industry. A stronger return-to-office policy is also important because in-person collaboration improves communication, training, innovation, and team culture in ways remote work simply can’t fully replace. If Verizon wants to compete and grow, the company has to prioritize efficiency, execution, and a workplace culture centered on results.

listening to Chris Stansbury talk about his race car while at the same time talking about shutting down legacy telecom along with our jobs is really quite amazing. He gets the gold and we get shafted.

What Current CEO Mike Lyons Actually Said
This is the most damning confirmed piece. When Fiserv's Q3 2025 earnings collapsed and the stock fell 40% in a single day, the new CEO didn't soften the blow — he pointed directly at his predecessor. Lyons said that Bisignano's earnings targets "would have been objectively difficult to achieve, even with the right investment and strong execution." But instead, Fiserv had in recent years deferred needed investments and cut costs in pursuit of shoring up short-term profit margins. Congressman John Larson
That's an extraordinary statement from a sitting CEO about a predecessor — essentially a public acknowledgment that the financial targets set under Bisignano were, at minimum, reckless and perhaps deliberately unachievable.

The Clover Manipulation Allegations
Multiple class-action lawsuits lay out a specific and detailed mechanism of alleged fraud:
The company began phasing out Payeezy in 2023 and "forcibly migrated" as many as 200,000 merchants that had been using the older system to Clover beginning in late 2023 and continuing through the first half of 2024. Yahoo Finance
The company reported $2.7 billion revenue from Clover on gross payment volume of $310 billion for 2024, "accounting for half of Fiserv's year-over-year revenue growth." Little did investors know that the numbers were being boosted by forced migrations, the lawsuit alleges. Greensheet
The specific deception alleged is that Bisignano told investors the opposite was true. Bisignano stressed that 90% of Clover's growth stemmed from new merchants, with only 10% from "back book" conversions — existing clients voluntarily switching. The lawsuits allege that was materially false. Zlk
Shortly after these conversions, a significant portion of former Payeezy merchants switched away, which is why Clover's growth metrics collapsed so sharply once the migration pool dried up. Rosen Legal
The truth came to light on April 24, 2025, when Fiserv reported Clover's payment volume grew just 8% in Q1, a material step-down from 2024 growth rates of 14–17%. After the news, Fiserv stock dropped 18.5%. It dropped another 16.2% the following month after Fiserv said Clover's slow growth would persist through 2025. TipRanks
The class action was filed by the City of Hollywood Police Officers' Retirement System and names Bisignano, Lyons, CFO Robert Hau, and Chief Accounting Officer Kenneth Best as defendants. Fiserv has said it disagrees with the claims and will vigorously defend itself. BizTimes

The Stock Sale and Tax Benefit — The Numbers
Upon his confirmation to serve atop the Social Security Administration in May, Bisignano divested from his investments in Fiserv, as required by law. Those sales netted an estimated $530 million. GovExec
Bisignano sold Fiserv stock between May 16 and July 1. The same shares today are worth just $229 million — meaning that selling earlier in the year avoided losses of approximately $300 million. FA Magazine
And crucially, the government ethics rules created a significant tax benefit on top of that. In May, he was granted a certificate of divestiture, deferring capital gains tax on the Fiserv sales provided he invested the proceeds in approved assets such as Treasury bills or broadly-based mutual funds. This provision allows him to indefinitely postpone capital gains taxes by reinvesting the proceeds in other assets. The deferral also included an extra 150,000 shares worth $25 million held by his wife and in family trusts. FA MagazineYahoo Finance
This tax break, part of a loophole installed in the 1990s, has previously been granted to other high-level appointees like billionaire banker Howard Lutnick and former Treasury Secretary Henry Paulson. So the mechanism itself is legal and established — but the timing and circumstances here are what drew scrutiny. Yahoo Finance

The Congressional Referral to the SEC
This escalated beyond advocacy groups. Congressmen Larson and Himes formally referred the matter to the SEC, requesting an investigation into the circumstances surrounding the financial reporting of Fiserv during Bisignano's tenure and the timing of his required stock divestiture. They wrote that "the timing of Fiserv's updated guidance and resulting collapse in Fiserv's stock price raises significant questions about the timing of Mr. Bisignano's nomination and confirmation." Congressman John Larson
Senators Wyden and Warren separately wrote to current CEO Mike Lyons demanding information, noting that "Mr. Bisignano appears to have failed to manage Fiserv effectively, and may have misled investors and the public about the company's financial status." PSCA

What Is Confirmed vs. What Is Alleged
To be clear about the legal landscape:
Confirmed facts: Bisignano sold roughly $530 million in stock between May–July 2025. The stock subsequently collapsed 40%+ in October. His successor publicly said targets were unachievable and investments were deferred. A certificate of divestiture was granted, providing substantial tax advantages. Multiple class-action lawsuits have been filed.
Alleged but unproven: That Bisignano knew the true state of the business when he sold. That the Clover migration was specifically orchestrated to inflate metrics and mislead investors. That the timing of his government nomination was connected to knowledge of impending stock collapse. Fiserv has denied all allegations and is contesting the lawsuits.
Under investigation: The SEC referral means there is at least congressional pressure for a formal investigation, though no SEC action has been publicly confirmed.

The Broader Pattern
What makes this situation particularly notable is the convergence of several things happening in tight sequence: an improbable government appointment, legally required divestiture at near-peak prices, a tax-advantaged structure that deferred hundreds of millions in capital gains, guidance that the new CEO immediately described as unreachable, and a stock collapse that followed within months. Whether that sequence reflects wrongdoing, extraordinary luck, or some combination remains to be determined by courts and regulators — but it is, at minimum, a fact pattern that warrants the scrutiny it's receiving.

G6,5,4 - majority are youngsters getting laid off. Runway if you are young this is a company for dinosaurs

Where are you seeing layoffs?! I think there’s still BS going on.

if you dont know what that means you are a troll or too young at VZ to know anything about RIFs