Thread regarding Fiserv Inc. layoffs

Actually

Seems? No actually we've got OFD thinking that they are now Fiserv and making Fiserv better. In fact, they are taking all of their micromanagement, spying, belittling style of "leadership" and driving good people out. What Fiserv will be left with is a) all of the leftover lesser talent from original Fiserv coupled with b) the very same management that caused the original First Data to be 1) in debt 2) have poor morale and 3) behind original Fiserv in every way.

This is the truth that no OFD person would ever want to admit but that's reality people.

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Post ID: @OP+15TOP6ni

15 replies (most recent on top)

The guy was trying to give you context. Why ya rippin him

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Post ID: @5huq+15TOP6ni

Let me start by saying, I am absolutely no fan of FB or any of his JPMC cronies. I truly believe they do not give a c-ap about the employees from OFS OR OFD. They care about themselves the way typical greedy narcissists do. Yes, there is life outside of Fiserv. Yes. you will most defintely find better jobs and more money. I worked for both companies. The division of Fiserv I worked for paid awful. I actually liked First Data and was paid a lot more and felt valued. This was BEFORE KKR purchased First Data and BEFORE FB was at the helm. The debt everyone is attributing to FB and his cronies was existing before KKR brought him in. First Data actually saw their first profitable year after quite a few under FB's direction. I am just putting this out there to be fair and correct something that is often stated on this site. The reduction of benefits, the reduction in staff with no consideration to the talent of the employee, the low morale - yup, that is all Frank... just not all the FD debt.

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Post ID: @5kew+15TOP6ni

We can't name one person because we are not allowed to name anyone on this board.

Also your numbers are off. It is down to 40,000 now.

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Post ID: @5gip+15TOP6ni

A success story is 22 billion in debt? What's a bad story?

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Post ID: @3glx+15TOP6ni

@3uzm+15TOP6ni LOL So Frank you DO visit these forums

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Post ID: @3djo+15TOP6ni

Listen that lapbelt makes it’s easier for you to carry that weight bedazzled, so don’t be judgin

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Post ID: @3qin+15TOP6ni

So much fake news on this board it is pathetic. FB was instrumental in turning FirstData around and making it a success story. Now he has taken on the massive task of making fiserv great again. Make no mistake, fiserv was a mess before First Data came knocking and needs a leader like FB to put it back on track. This is a massive hill to climb and I am proud to be on board for the long haul. If you work there you need to either get on board or jump ship now, we don't need to carry the dead weight.

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Post ID: @3uzm+15TOP6ni

Hey there bedazzled, nice to chat again, hope that lapbelt is holding up. So here’s the thing, fiserv has always played the regrettable non regrettable game so the numbers don’t make the leader look bad. I have to guess 100% are now considered non regrettable, even your product head who was a top talent. So go back and tell your high school football stories and stop trying to bully people.

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Post ID: @2nyt+15TOP6ni

Not one regrettable loss of a talented individual since the merger. Name one, you can’t, as for current attrition it is just above 2% so you don’t know what you are talking about. Sorry the facts don’t support your negativity. Some 30 people coming here (probably laid off cause poor performance). Get it through your head you don’t speak for the 44,000!

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Post ID: @2tgp+15TOP6ni

OFD is awful. disorganized, no standards, no automation, i have no idea how they ever passed a security audit. OFD is a dumpster fire, and now fiserv has to come in and fix your sh–, but the leadership wont let fiserv people fix the sh–. that sums it up.
And now a SVP has left fiserv today.

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Post ID: @2hvi+15TOP6ni

And yet they run fiserv now.......

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Post ID: @2kiw+15TOP6ni

Run a real business. LMAO. Run it into a 19 Billion dollar hole. Yeh. Move along little one. The word on the street is OFD was about to be broken up and hustled to individuals that generate a black bottom line versus a red one.

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Post ID: @2tyr+15TOP6ni

Why are there so many posts whining about spying? There is no large organization in the nation that does not proactively monitor employees. What was your expectation, seriously? Did you think that OFS wasn't spying?

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Post ID: @1jdm+15TOP6ni

No one at Fiserv now is lucky. You've all got your d—s so far up management's a– that you can't even see in front of you. You are merely hiding behind the Fiserv name because the First Data name is trash in the industry. Truth hurts.

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Post ID: @ihm+15TOP6ni

You’re lucky we arrived to show you how to run a real business

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Post ID: @vcj+15TOP6ni

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