Thread regarding Fiserv Inc. layoffs

An Abruptness To It

So I wonder how many this caught of guard. For myself it was conference calls earlier in the day business as usual… my director was on one of those calls. Then later in the day it’s ‘bo-m’ my director is telling me “you are being let go. You will be cut off in 15 minutes.” There was no knowledge transfer. No transition. No chance to say goodbye to people you spent years working side by side with. How can that be healthy for anyone? The company? The employees? The clients? The person being let go? The manager that has to let the person go?

Has there been more carnage this week I wonder?

by Anonymous
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Post ID: @OP+1ji5IJKw
Comment! It's anonymous!

11 replies (most recent on top)

The 2023 annual benefits email sent to employees TODAY listed 44,000 associates - what a crock! As if we aren’t able to look on Workday and see the real number. Why lie???

by Anonymous
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Post ID: @lre+1ji5IJKw

Tony Marino's team have always been a layoff machine. Get out if you can. They have always strived to run really lean teams.

by Robin
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Post ID: @dga+1ji5IJKw

Currently down to 35,592 employees and more to go this month. What was it 2 weeks ago they reported we had 44,000?

by Anonymous
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Post ID: @wvm+1ji5IJKw

The HR team under Tony Marino has become a RIF machine. That’s mostly what they do. Poor fools have lost their souls.

by Sad to be at Fiserv HR
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Post ID: @xya+1ji5IJKw

The total lack of thought shows just how dysfunctional things have become. Best of luck to those who are left to pick up the pieces but the writing is on the wall.

by Anonymous
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Post ID: @bjc+1ji5IJKw

This is how Fiserv values all employees. Adjust accordingly.

by Anonymous
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Post ID: @lif+1ji5IJKw

I’m so sorry, it must feel like you were fired and that you didn’t matter when you know you did.

by Anonymous
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Post ID: @zfo+1ji5IJKw

Frankly I saw it coming right after the merger so I hereby confess that I coasted for almost two years and all in all it was free money - not that I didn't want to work but there was mostly nothing to do. It was sad to lose the gig, but even more sad to see a once great company go down the drain.

by Anonymous
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Post ID: @neo+1ji5IJKw

They laid off pretty much the entire FRMS team earlier this year so I don’t know that I would call this abrupt

by Anonymous
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Post ID: @wpu+1ji5IJKw

Unfortunately this has become the rule for what was a great company years ago. I’m sure that today many of those who were with the company 10+ years ago could echo your comments. ☹️

by Gone in 2020 RIF
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Post ID: @chg+1ji5IJKw

Don't know about this week, but I'm sorry you were put through that. It's no way for anyone to be treated.

by Anonymous
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Post ID: @cya+1ji5IJKw

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