Tips for reducing layoffs

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 master", "release manager", "flow wizard", "product champion" and other "team enabler" roles. No offense, but these are just fancy paper-pusher titles that do not actually achieve anything.

Eliminate most of HR, except for a few corporate-level individuals. It seems like whenever I have gone to HR in the past, they are totally worthless and just say "talk to corporate." These same HR resources are too busy posting lies on this website, during working hours. You're outta here!

There are definitely some decent overseas employees, but a lot of them are not that great. I understand they are cheap labor, but the amount of time and energy needed to fix their mess-ups costs the company a LOT more in the long run.

How many "director" positions do we need? It seems like practically every manager is a "director" now. It makes me cry to think about their salaries.

If employees are not being given stock options, then we need to stop giving them to the executives. The 5% stock discount does not count, as it is basically worthless. By the time you turn around to sell the stock, it has already dropped and canceled out the 5% discount.

I am curious to hear others' ideas on this matter.

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Well said !!!!!

Yes it must seem like micro-management after the yabukee era of no management. Orange free for all, want to stay home today with your dog ok, don’t want to do your job, ok . That is what it was like, so yes now you have to produce, deliver a days work for a days pay like the rest of America!

Overall the company has no strong leadership. Just micromanagement.

Executives bank hundreds of thousands (vp’s) and millions (SVP and up) per year. How does that make you feel when they preach to you

Stock given to employees namely Exec level should not be allowed to be cashed out any time. Should only be at the end of each quarter. It leads to a sell off, drop I stock and makes it unprofitable for the smaller employees. Aka price drop. Happens the last week of each quarter

"When was there a layoff?"

You must be new around here.

They buy up companies, "synergize" and then fire people.

It's a yearly event.

HR is ON IT today !!!!!

To the OP, when was there a ‘layoff’’? I bet you don’t know or can’t say because there haven’t been any except normal performance related reductions and our lowest level of attrition in the companies history. So save your stupid advice for someone who actually cares!

Actually give the teams some autonomy. Allow work from home even after covid. Bring back ESPP so everyone can benefit. Disallow all the “social” stuff. Host everything possible in the cloud. Delete all ITSM. After covid monitor travel and who travels with whom

You were the one that told on the cool kids in school weren’t you

Very surprised the garbage advice listed by the original poster is still up. Amazing two years after the merger OFSV losers continue to post this trash. Monitor should take a look and cancel this id–t. Calling overseas employees not that great and cheap labor is an insult to almost 20,000 of our colleagues, surely this alone is out of bounds.

A fiserv director is between $150k - $190k salary with 20% - 25% bonus. VP and up are > $100k in stock every single year at no cost to them. The executives love ITSM because they sell their value like no one else and it sounds good. They keep enough staff onshore for appearances but are likely to move offshore very soon now. And layoffs allow them to send a message to distractors

Hire high caliber people that can streamline work. Remove duplication of work by implementing seamless processes would be a great start.

Thread regarding Fiserv Inc. layoffs

Tips for reducing layoffs

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