Thread regarding Fiserv Inc. layoffs

Give it a chance

Not sure everyone is giving frank and first data much of a chance. Try your best and reflect at year end, you may be pleasantly surprised

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Post ID: @OP+15l2wHgY

21 replies (most recent on top)

Sadly I think you’re right. It may actually be quick though

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Post ID: @huac+15l2wHgY

You say being negative, this of us former FD staff know it’s REALISM. They will cut staff and slowly bleed the company dry.

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Post ID: @gszc+15l2wHgY

True dat

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Post ID: @eqpj+15l2wHgY

Stock is down 4.00 dollars homie , straight cash out of our pocket.

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Post ID: @dbuh+15l2wHgY

$3 a share. Straight cash homie. You and your OFS crew goin hit the door

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Post ID: @azyv+15l2wHgY

I agree with the comments about the new leadership. Really seems like a no win situation. The banking institution with selling mortgage notes was a very bad thing aka pay to play, then the 40 million in fraudulent charges with FD which makes things even worse then on top the company is 19 billion in debt. And people are bragging about a 3 dollar jump in stock price. Gimme a break. The Titanic has just left the harbor, prepare crew, doom is upon us.

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Post ID: @9itd+15l2wHgY

F**k Frank.

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Post ID: @9gyd+15l2wHgY

FB as CEO is a joke! Get out now!!!

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Post ID: @8zuc+15l2wHgY

You really think we will make it to year end? Or are you just counting on survivorship bias?

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Post ID: @4msv+15l2wHgY

Damn same with me, like a trap door. People just disappear. And the SVP’s that are left think it’s funny. Huge turn off, leadership matters, I bolted. I’ve seen those tools at Avalon since I left. Morally bankrupt bunch of people. Glad I found a great job in atl

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Post ID: @2huj+15l2wHgY

My VP was pretty cool, a little stiff but a stand up guy. And you could tell he cared. He just was gone one day, just gone. I knew I wanted no part of a place like that, I found a great opportunity and left. That experience will always stick with me

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Post ID: @2uaz+15l2wHgY

This sounds so horrible. I don’t know the interworkings of all divisions but my old one was great. My leaders were awesome. They like me are all gone now. Best of luck to you all.

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Post ID: @2eek+15l2wHgY

I know epay is a sh– show. Leadership laughs at staff in private and banks huge stock options. Just imagine bedazzled brings home $700k a year. Process that

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Post ID: @2ikl+15l2wHgY

I’m so sorry. What division

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Post ID: @2yak+15l2wHgY

Give it chance? I noticed just today that a senior exec I worked with an really liked, plus very proficient in the job —gone, terminated with some other group. They are getting rid of, or just losing, the good people across the board. All FB is interested in is the retirement plan for FB. Give it a chance? A number of original First Data comments herein would seem otherwise.

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Post ID: @2pgi+15l2wHgY
... and would expect senior talent to continue to get let go.

And if they are not let go, they are already leaving or expediting their exit strategy.

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Post ID: @2sxn+15l2wHgY

Give it a chance? What have we seen so far from FB? We have seen continuous layoff's, higher medical costs, removal of the discounted stock purchase plan, 401K match, and combined with a meager 1-2% raise, if you got a raise. I would say that the decisions are focused on making money for those huge bonus's that the C level gets. I'm not surprised people are upset, and would expect senior talent to continue to get let go. The senior VP's have no clue who is needed or not, and they have been letting people go in a semi blind shuffle. It is almost near impossible right now to get things accomplished in the company, because so many knowledge and teams gaps have been created. Sinking!

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Post ID: @2kyg+15l2wHgY

Great news!!! Tom has called in from his surf board and he says it’s all going to be ok

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Post ID: @1pan+15l2wHgY

Sorry ofd here, fb likes to cull staff, you're a number on a spreadsheet. No number 1 review, no number of extra hours a week will make you invulnerable to getting laid off

Jazz up your cv and try to escape this sinking titanic

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Post ID: @1jzp+15l2wHgY

Ok be negative, I think this has a real chance

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Post ID: @oka+15l2wHgY

HAHAHAHAHAHAHAHAHAHAH OFD here. All Frank will do is keep cutting staff and cutting benefits.

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Post ID: @ykm+15l2wHgY

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