Thread regarding Fiserv Inc. layoffs

Great, like an episode of Jersey Shore.

just check folks the new announcement Jill Poole, SVP and Associate General Counsel, will join my leadership team with responsibility for employment law and the ethics team. They are preparing for legal battles.

qmo+1eGwHW0T

I have heard that some originally quoted end dates have been modified, as in moved up. Have there heard the same?

: @2qrk+1eGwHW0T

Makes a good point about this being a form of age discrimination yes, this is a strategy to remake the company and at lower salary points with employees who are less vested in the company culture and knowledge.

A fa-t makes a statement by its mere presence as well. Is that what you are referring to?

The cbus crew will make a statement by our mere presence. Have fun fetching my coffee bi--h

Major relocations like this are a strategy to remake a company in a different way.

No one is “forced” to move. Anyone who is not interested in being part of the remade company should have job hunting on the top of their priorities!!

On office relocation. IBM tried it a few years ago, forcing staff to move into a few regional offices. This is age discrimination. Younger people can up out of an apartment easy and move easy. When young, too, you can do more. But older folk tend to have a mortgage, a home and ties to the community that are not easily broken. So this dumps the old ones really quickly.

Where is old team cbus?? Waiting on them to transform fintech and drive a 200 stock price by December. Still traveling? Instead of hiking have you heard of an airplane?

Once the Ohio crew rolls in, things will start to take shape

Not everyone will be asked to go to NJ. But you will be asked to get your @ss in a seat at some office around the country so just be prepared. You have plenty of options external to Fiserv if you choose to pursue them.

Sales is a travel position. Work from road positions get to stay remote. At least for now

What will they do with the sales people that are currently remote?

I think he needs 3k or so in NJ to to get the $109M tax break, I think the story will be NJ until we get that inked. Also, the 50 office count seems really high and does not highlight the lack of west coast office options for reloco.

Don’t be silly we have 50 offices in the us and don’t plan beyond what’s been communicated to relocate to NJ. By the way remember more than half of the new Park at Berkeley Heights will be occupied by Fiserv associates who were already working in one of the five offices closed in NJ.

Our Director level manager talked to all his reports about relocation..optional at this point could change in the future. Managed to get 3 to accept the offer. All new hires will be there and will be trained by the relocating folks.

I agree, Frank has an agenda. It doesn't seem to involve having remote workers. You will soon be asked to relocate at some phase of his plan.

I am part of accounts processing from
Open solutions division. We were told we are not remote anymore but no additional info yet. Word is maybe second quarter the layoffs start. Unless you are an astronaut then you are remote “indefinitely” but teams only have so many. And it’s a secret as mgmt are cowards and don’t want to tell the rest of the staff you aren’t good enough to stay.
Start looking no one is safe!! I’m interviewing again Monday.

Sorry meant Account Processing Client Services

All of Accounts Payable Client Services is under the move to office. Many to NJ. Some are being allowed the option to move to the location where their manager is. We were told by upper management that this is the plan for all of Fiserv.

My team was told we're permanently remote two years ago. Last year we were given the option to relocate or take a severance at our given end date, no more WFH. It's definitely happening