Thread regarding Fiserv Inc. layoffs

Layoffs scheduled for Monday!

Mainly remote employees, old timers and some folks in TX offices (building over capacity)

This platform is used by execs too!

FB and NY gangs must go! The Fiserv brand is tarnished.

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Post ID: @OP+1iVQqPHT

7 replies (most recent on top)

My team has lost 4 (remote) members and more to come. I have a feeling that the managers were informed at the last minute since my manager was encouraging me to hammer out my work schedule with a remote employee just last week. We lost people that had key knowledge of a product and my manager is scrambling to find points of contact to get the rest of us back on a path. Some of us are in limbo because we cannot do our jobs because a key link was taken away from the chain.

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Post ID: @8eip+1iVQqPHT

My group had a layoff last month. Hoping we don't have another layoff. We don't have enough people as ot os.

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Post ID: @1zyy+1iVQqPHT

OMG, I do shudder every time I see a Clover POS (and I'm not thinking "point of sale") device! I hear rumors they're going after remote staff.

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Post ID: @1cvq+1iVQqPHT

The only surprise is its not 9/30 date. Usually has to be in Q3 for some bizarre tax purpose. Face facts kids, FB and his agenda ain't going no where...neither is the company. He's in like a stage 4 cancer now. Yes, it's incredible to see what's happening in front of your eyes...yes, it makes no business sense...but it's happening and the destruction will still allow the org to limp along just enough to "survive". Fiserv is dead, long live Frank-serv. if your pride lets you stay, more power to you--you haven't reached that point where the environment and requirement to adapt to the nonsense offends you--good luck. For those that see the lie, don't hold on to false hopes..or spend the energy cursing the darkness. Get out. Yes, it feels like leaving is letting FB win, but saves your own energy and soul. We've all learned an incredible lesson in the actual power of a dictatorial CEO and the changes they can effect in a short term...especially when surrounded by SLT focused on currying of favor. When you have an involuntary physical reaction to being confronted by a Clover terminal at some merchant, its time to work on the resume... Invest the time in you that you've kind of mis-spent continuing to work hard or caring.

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Post ID: @qxo+1iVQqPHT

Heard the same. Unfortunately. This is bad.

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Post ID: @lvt+1iVQqPHT

Do we know how many people will be affected next week or what BUs?

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Post ID: @vhb+1iVQqPHT

Thanks! This is true. More layoffs next week and every month after that.

Frank doesn’t give a sh-t of what employees think. He has one goal - ruin as many families as he can and build an adult playground near his house.

People run away from NJ , he is pushing people to NJ! The place is the armpit of America!

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Post ID: @uly+1iVQqPHT

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