Thread regarding Fiserv Inc. layoffs

Who is at the greatest risk?

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

Does anyone have more info?

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Post ID: @OP+1iW5VQJi

15 replies (most recent on top)

If that is true, what a heartkess company. People should be reminded that this could b be them one day.

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Post ID: @2xvp+1iW5VQJi

I remember a co worker in First Data that was laid off shortly after she was diagnosed with cancer. The company told her it was performance related. Cancer treatments are expensive.

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Post ID: @1yud+1iW5VQJi

Fiserv is self-insured. Health care costs for employees are health care costs for Fiserv.

Save even more money by removing the sickly ones.

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Post ID: @1gbs+1iW5VQJi

Healthcare is most certainly a factor. Employees who have incurred a lot of healthcare expenses on the company dime are vulnerable to a layoff. One year, an employee incurred one million dollars in healthcare expenses due to giving birth to a baby who had a lot of health issues that could have been avoided if the employee had sought prenatal care. HR was up in arms. I remember one employee being laid off because she had too many children.

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Post ID: @1ipm+1iW5VQJi

As wrong headed as this situation is and as illogical as the strategy is, I don't buy in that any of the healthcare components are factored in...less from perspective that I trust FB and co to be mindful of ethics, but that the reality of adding in that layer of info would be difficult and complex...neither characteristic applies to decision making here. FB hates remote...you must be trackable with badge reports or visibly in ant farm working, he's been crystal clear on this point. It's not a meritocracy, it's a badge report-acracy...if you only show the minimum of 3x/wk (or less if you were OOO), you will show in red and should consider yourself at risk for not obeying. 3x/wk is a minimum..."do you really only want to put in the minimum?" (OfficeSpace quote)

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Post ID: @1xxu+1iW5VQJi

I am hoping this was a typo or are people expected to be in the office 8 days a week [a reference to a Beatles song for those who may not be picking up on my humour]. And, what if persons RTO orders have just started and were originally 3x a week?

"Not being onsite atleast 5 days a week over the last 6 months"

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Post ID: @1sfc+1iW5VQJi

@1urx+1iW5VQJi - you said not at risk are
“Employees that are not located at Berkeley Hights, Alpharetta, Omaha, Coral Springs”

I noticed you didn’t mention Brookfield. Are you saying Brookfield will be the next place to be phased out?

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Post ID: @1gkb+1iW5VQJi

1tbx+1iW5VQJi - Unfortunately Fiserv does discriminate even though they boast about supporting individuals with disabilities (which is BS on fiserv side). Not sure how "Darling with a Z" will spin this cause we obviously have see how many corporate cheerleaders try to bury the truth.

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Post ID: @1lpz+1iW5VQJi

I question if the OP isn’t a mole trying to find out what was leaked and by whom.

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Post ID: @1nia+1iW5VQJi

No disrespect to 1urx+1iW5VQJi, how do you this? Aren't some of those items like medical claims protected by HIPA? Also, why if you have had a leave? People have legitimate reasons for both i.e. cancer treatments, heart attacks, strokes, maternity, etc. That seems very discriminatory and just down right wrong.

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Post ID: @1tbx+1iW5VQJi

Who is at greatest risk?

  • Original Fiserv employees
  • Remote employees
  • Employees that are not located at Berkeley Hights, Alpharetta, Omaha, Coral Springs
  • Over the age of 50
  • High number of medical insurance claims
  • Have taken short/long term medical leave
  • Not being onsite atleast 5 days a week over the last 6 months
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Post ID: @1urx+1iW5VQJi

BU is Business Unit and people want to know because times are hard and some of us need our job… don’t be so insensitive :(

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Post ID: @ynd+1iW5VQJi

“Why do you want to know? Also, I worked here for 3 decades and never used or heard the term BU.”

Are you the janitor or something? Put your head back in the sand.

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Post ID: @gkf+1iW5VQJi

Why do you want to know? Also, I worked here for 3 decades and never used or heard the term BU.

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Post ID: @nki+1iW5VQJi

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