Thread regarding Fiserv Inc. layoffs

Fu-k YOU Frank and Joe.

Think we are all saying the same thing posting here for the doubters that did not think it would happen to them. As far as Frank's concerned Covid is over. Your location kiss it goodbye relocate or else deal with it. We professionals who deal in pragmatic business understand these moves makes no logical sense to greater Fiserv that's not important to this quarters or the next numbers.

I think you may have been asleep for the past year or perhaps you work at a site with little communication from your leadership. Everyone at First Data knew this was what Frank would do as soon as Jeff was out of the picture. We posted about it here on this site to warn everyone it would happen. Its what he did when KKR brought him into FD.
For the record, we don't like the executive leadership either! I was excited thinking we would get rid of Frank and his oligarch cronies.... Instead he pushed Jeff out, brought many execs in (21 C-suite DO NOTHING execs is RIDICULOUS) and started removing all the benefits that Fiserv employees stayed for. The new Fiserv is top heavy. You do not need all those SVP's, VP's and Directors but you DO need people to actually do the job!! And yes, Frank is closing offices and will be laying off MANY employees if they do not want to come into a local office or relocate to one of the hubs if your office was closed (WTF would move from Central Florida to New Jersey?!?!?!?) Frank is a narcissist and he does not care about employees.

This isn’t some reality hitting secret scoop you’re posting. This is already well known. Remote employees are being laid off. Campuses are going to be closing. Frank is running a great company, that just had an incredible decade, straight into the ground.

So no one doubts you. We all know what’s going on.

no one is immune... doubt me.. read this post from a FD employee in 2017.. it could be posted here today..

https://www.thelayoff.com/t/QswO8Y7

Yep, look for a "Location Strategy" meeting on your calendar.

This is already happening, Remote employees are being told move or you are being let go. But, it’s not only to NJ.

Either way who wants to move to the cr---y states they are in?

All those locations are terrible.

More criminality, more gangs, overpriced houses, overpriced rent, overcrowded, taxes, bad schools, cost of living is horrible, traffic is worse than average and the weather is a pain. Pretty much forced to change jobs.

This is already happening. Remote employees are being told move or you are being let go.

Filling jobs in a state with a punitive income and property tax structure may make sense for Fiserv, but not the employee.

Totally agree.
Expedite the offices closures under the covers of covid.
More associates outside the 50 mile bubble that will now lose their jobs if they don’t relocate
Thank the hard workers balancing life and work from home by telling them that Productivity went up while they worked from home….makes sense to lay them off and hire in NJ.