Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

Guy’s special titles

Guy gives out titles that are supposed to be for distinguished employees not necessarily in management. Then he gives his new fancy titles to SVP’s with already fancy titles and large orgs. What’s up with that?

Agile

This is not the only company that has become obsessive with agile. I have a friend in a company where there is also a great craze for agile, although it does not bring any results, just as I do not see any results at Fiserv. Why are they trying to... — read more 

All Associate Joke

Watching Frank surrounded by mostly men in the office is NOT admirable. It speaks volumes about Fiserv’s bait and switch messaging about a flexible return to work initiative. The video was uncomfortable and a ridiculous display of showmanship. .. — read more 

Best yet

This is going to be the best earnings call yet. Get ready to ride this rocket like Jeff Bezos!!!!

Pre-merger vs post-merger analysis

Pre-merger: Competent leadership that cared about its employees. Raises/bonuses were given on the spot for doing a good job. Little stress due to a sane, structured business plan; projects were typically well-thought-out. Post-merger: CEO... — read more 

I don’t remember when I worked here without stress

It is no longer a question of how stressed you are, because I do not know anyone here whose mental health isn't endangered by all the stress here. Perhaps the better question is when was the last time you were stress free at this company? I don't... — read more 

Here we go

Stocks up. Covid is in the rear view mirror. Warren buffet is drooling just thinking about buying fiserv. We are $200 by year end, book it!!!!!

Has micromanagement ever been greater?

In my opinion, it is a recognizable sign of all sinking companies. The more you sink, the greater the micromanagement. I've been in the company for a long time and I don't think they've ever put so much pressure on an employee with excessive control... — read more 

Insider

Lots of insider selling and the stock is down to $106. About time to realize some more synergies

Great news!!!

Your Milwaukee Bucks are going to win the NBA title !!!!!

CEO is overpaid and Organization is so Top Heavy!

This interesting article is about Jeff but if you review Frank's compensation history he is actually worse! He has no problem robbing employees of their benefits while adding more executives who are paid disgusting amounts. If you are laying off... — read more 

FISV Under Pressure Due To Weak Fundamental Momentum

https://marketingsentinel.com/2021/07/14/fiserv-inc-nasdaq-fisv-is-under-pressure-due-to-weak-fundamental-momentum/ (This excludes Frank's momentum towards ripping off everyone in sight. That momentum is still perfectly strong.)

No flex

Informed yesterday my team are to return five days a week in office with no flex, senior management also are saying double vaxxed in the office will return but unvaxxed will not. (EMEA) The 'flex' they have allowed is if we have an emergency, and... — read more 

Employee monitoring and blocked websites

I'd love an honest answer to this. Are all the computers here monitored or is that just my group? We have software called "buddy" which is being rolled out to all machines. Also all our network traffic goes through a proxy which blocks a lot of... — read more 

Looking up

Things are looking up greatly in electronic payments since fiserv dumped their weak leadership on defi solutions. Lot of hair dye and bedazzledness now gone

Constantly overworked

How long will they continue adding more work to our plate? I'm not sure how much more I'll be able to take.

No exit interview....? not shocked.

I'm leaving, and no one wants to get any tribal knowledge out of me? No one wants to pick my brain for 6 years worth of insight? Sigh... sadge. Not even an attempt to find out what skills are walking out the door? Its not that Fiserv doesn't... — read more 

HR trying to maximize rate of attrition

Let's face it, the only reason HR is pushing to end WFH is so they can drive up the rate of attrition. They know nobody wants to come back into the stuffy buildings with broken air circulators and have to wear masks for hours on end, while not... — read more 

We need more younger employees

There are still too many older employees who are set in their ways and refuse to change with the times. This is slowing down our progress - we need to be able to exchange ideas and innovate properly if we're to survive this competitive market. Older... — read more 

Fintech Giant Fiserv Used Unclaimed Domain

Ha ha! "If you sell Web-based software for a living and ship code that references an unregistered domain name, you are asking for trouble. But when the same mistake is made by a Fortune 500 company, the results can range from costly to disastrous... — read more 

Went as far as I could

I joined fisv with the mindset that I only have one shot at having a fulfilling career. My plan was and remained to improve on my skills and advance as far as I could before moving on. I don’t want to look back 5 years from now and have the regrets... — read more 

BU sell-off imminent

Hearing murmurings of one or two BUs being prepped for a sell-off. I honestly hope my BU is one of them so I can get some real leadership.

Whats happening to the non-vaxxed?

Has anyone had a legitimate talk with their manager on what they are going to do if people refuse to show their passport or get the vaccine? Or, is this their excuse to have a layoff and make themselves look better in-front of the investors and other... — read more 

I see

Fiserv is hiring > $500k executives and creating positions for them. How does that feel

Only bare minimum

Do you work the bare minimum or do you try to keep the job by working hard? I used to feel sorry for those who have not learned any lesson from the layoffs so far, and that is that hard work here means nothing. Some people still try and give 100... — read more 

Why

Is the stock dropping so bad

Competitors are outpacing Fiserv

How much better are the main competitors now? Unfortunately, it seems to me that competitors are outpacing Fiserv more and more. Some of my former colleagues even joined the competition.

Losing people is the point?

It’s someone’s comment that I like a lot. And yes, I think the essence of everything they want is to get rid of employees very easily, to make them leave on their own. How many people do you know who have left lately? I know too many of them, as well... — read more 

Give Employees A Choice

This is a plea to our HR partners since there is no way to share feedback directly at work without the fear of it coming back to haunt you later. Please give us employees a choice to return to the office on our own terms vs. being forced. Many... — read more 

HR to tamper with time off policy?

This could just be a rumor - but I heard HR is thinking about targeting the R&R policy next on their cost savings list. I can't say it is much of a surprise given they have already tampered with the 401K and benefits. R&R seems like the next logical... — read more 

Back to the office

Been told we are going back to office, in EMEA, and flexibility isn't really an option, after working from home for a year and a half I really like it tbh Just feels like such a slap in the face after the leadership and managers have been saving... — read more 

Pittsburgh office

When is the Pittsburgh office reopening? Timetable on supervisors and employees for return from WFH? Anyone hear anything lately?

Fiserv rebrands as First Data

Guy got his old job back. The head of legal (new CAO) is the former First Data guy. Let's admit it Fiserv is gone. The only thing left is the name, maybe a few business units. Guy is 60, Frank is 61. They have made millions why don't they retire?... — read more 

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