8,500 more layoffs expected and looks like no one is safe in this one. Well except the slumber party group. Do not worry the public will see we are 44,000 associates strong even after the next round of firing. Love to hear how they deny this one since its happening every month anyway.
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They cut 18% of staff in 2022. I wouldn't be surprised if they cut at least another few thousand. Fiserv is barely above 35k right now.
Frank has done it before at FDC and he will do it at Fiserv. The only cost cutting measure FB knows it to layoff off staff and usually the most experienced staff.
What’s your source for this? Or did you just make it up like that “5 days a week in office mandatory is coming” fake news.
I believe it.
Slumber party team. Is that the old ETG travel buddies, not sure theirs was all slumber
It’s a given there will be layoffs because that’s the only expense lever Frank has. It’s not a matter of how many. This is now the normal. Hire 400-500 a month in typical times and cut cut cut constantly.
Another ridiculous fake news post - 8500 is more than a third of us population - stop coming here with your lies.
@1ako+1jVs0nBB Just add the "Innovation Center" and you will make the 8500 number :)
If you do the math, 8500 is more than Alpharetta, Hagerstown, and Coral Springs put together. I don't see this as being plausible.
Has this been verified or is it speculation? We've lost so many people already...
sad but true might break up in 2 or 3 smaller firings but they have no choice only way to try and make any money next year... clients are expected to leave in bunches and preparing for that.
I really hope this isn't true. I don't know how we are surviving after the last cuts. I can't imagine another 8,500.
We were told 1/4 of the company in the US so I guess that's about the right number This winter is going to be a cold one