Thread regarding First Data layoffs

First Data 2015 layoffs

2000+ layoffs begin today Friday May 8th throughout the company. Since KKR acquired this company in 2007 there have been more than 15 layoffs approximately 2 per year. Zero job security, raises every 3 or 4 years if at all, no 401k match and high health costs. If you are bonus eligible you get worthless company stock which ironically you lose if laid off (they plan it that way). Worse company to work for - avoid at all costs! Dead company with no upside potential even if they ever IPO.

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Post ID: @OP+BnqwOgx

4 replies (most recent on top)

18 years of service and let go. Bitter sweet

Post ID: @cwkua+BnqwOgx

Yup i was canned today 10 yrs of service

Post ID: @cUbe+BnqwOgx

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