Thread regarding Fiserv Inc. layoffs

Fiserv couldn't care less about employees

A lot of decisions that management makes expose their low opinion of their employees. Forced RTO is the most obvious offender here, but there are others, such as:

  • Suspending the 401(k) match back in 2020 (and taking until 2022 to bring it back to 3%)
  • Installing spyware and tracking tools like Sapience on employees' computers
  • Blocking resources and applications which software developers rely upon to increase efficiency and satisfaction in their day-to-day work (e.g., blocking things like online Python package repositories)
  • Blocking music streaming apps like Spotify, which cause little to no harm to worker productivity, and honestly probably help to keep people sane in an otherwise soul-crushing workplace environment
  • Installing innumerable security cameras all over their offices, and giving the guard at the front desk a big monitor to watch literally every single thing that each employee does throughout the day at their desk
  • Monitoring badge swipes (this fits in with the RTO point earlier, but this is still another form of employee surveillance and behavior tracking)
  • Refusal to invest in resources to improve efficiency and morale for employees
  • Consistent batches of layoffs/RIFs, which keep employees in a constant state of fear that they could always be next
  • Forced relocation to one of the most congested, prohibitively expensive, and unappealing locations in the US (that being North Jersey)

Honestly, I could keep going with this list, but that's probably a good start. If management seriously cared about improving employee morale, they could give this list a serious thought... but we all know they don't give a damn.

@qcb+1hlxxiGo sad it all. Bumped for visibility.

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Post ID: @OP+1hm0OfaR

3 replies (most recent on top)

Agree, but you need to say FirstData because that's who the company is now regardless of the stock name. Used to be a decent company to work for now it's just terrible. My mind boggles at the sh** they do. Now one of the most untrustworthy companies out there.

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Post ID: @2qtt+1hm0OfaR

Firstdatafiserv is a toxic company

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Post ID: @1blm+1hm0OfaR

This sums it up well. They don't make people feel valued, and then have the absolute gall to blame it in middle managers who are helpless to do anything about it in most cases.

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Post ID: @yqh+1hm0OfaR

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