Take a look at the insider activity. They are selling like crazy. If it’s such a bargain, why is that happening
Buy
This is likely the biggest buy opportunity for fiserv in the next 10 years
Synergies realized
Fiserv is in fine shape at this point on synergy both expense and revenue. There’s no reason they drastically cut now. They’ve aligned the orgs for 2021 and beyond. Now it’s execution time
Fiserv upgrades
Fiserv stock has received a number of upgrades in the last week. That likely stabilizes the workforce reductions and is a really good sign heading into 2021
Layoff site not Fan site
Seriously folks, this site is for employees to share lay-off rumors. It’s turned into a site for Fiserv managers and HR reps to toot their own horns and cheerlead for Frank. It’s pathetic. The people venting are using this page for its intersex... — read more
Stellar Earnings!
Our company just posted tremendous results for the third quarter and now year to date in a difficult world to say the least. Frank thanked all 44,000 who have all contributed to this achievement! Incredible new clients who have signed in with... — read more
Shutting down offices
Look out. They are closing offices while we are remote.....notice went out Monday.
Happy
I’ve never been more happy I sold my fiserv shares. Which clearly executives are agreeing with as they exit for greener pastures
Tomorrow’s news
Sounds interesting, should free up some good capital to invest in employees
Bullish on the future
Today I see real moves that are positive and give us hope for a bright future for the first time in 3 years. I haven’t seen this many last minute invites for happy hour celebrations in years. Epay is ready to dominate, let’s go!!!
Tom and drew ride off into the sunset
😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Karma
Today was karma for poor leadership 😂😂😂😂😂😂😂😂😂😂😂😂
Fair or Unfair?
I read a lot of posts here and see a lot of negative comments. I understand the frustrations as I can relate to some of them personally, but some of these comments lack context. I'm typically a "glass half empty" person that's skeptical of... — read more
Dealing with mobbing
“I know of a former Fiserv employee who was paid for being at Fiserv for half a year. I can't say he was paid for half a year of work because he was never assigned any thing to do. He just sat in his cube and watched videos for eight hours a day. He... — read more
Just paying your fair share!
The thing the last post didn’t say is that the new Fiserv implemented a philosophy that all in the same pay range pay the same for premiums AND those who earn more pay more so the majority of associates will pay less. Too bad more of our Ops and... — read more
Fiserv Screwed Employees in 2020!
I just got a notification today that Fiserv is changing our medical benefits program, and you will have to pay medical based on your salary now. The more you make, the more you pay. The new Fiserv glass ceiling moto. Now I get another 75$ a paycheck... — read more
Soon
Soon the plan will be complete. Most OFS employees gone, other than yes people. First Data now rebranded as Fiserv. Soon the journey to the dark side will be complete.
Warning to anyone considering joining Fiserv
I would stay away. The company is okay with employees routinely working 60 hours a week. While my pay on surface is fair, when you look at it by the hour and what it is doing my health, happiness, and family; I am underpaid and it is not worth it... — read more
Tick tock
Until the massive layoff
Meanwhile, In Court...
I wonder how big the settlement will be once this gets done? https://www.cyberscoop.com/fiserv-bessemer-credit-union-lawsuit-cyber-consequences/ Cue OFD lickspittle response in 3... 2... 1...
Glassdoor reviews by First Data
Great company to work, Fantastic company to work, Great, Great ..... the new reviews obviously all written by the same First Data shill. One recruiter in Alpharetta however really slams the door on the place that used to be Fiserv. Get OUT of the... — read more
Always Posting Negatives (Sorry)
feel like I'm always posting the worst news but I reviewed a leadership deck today for 2021 benefits. its going to be a very difficult pill for many to swallow (sorry for the healthcare pun). main benefits cost will be raised by between 30-50% per... — read more
Reorg
My boss has let me in on the upcoming major reorg. It’s an understatement to say it’s completely transformational. The last parts of OFS will be officially gone. Think 15%-20% reduction in force. Big salaries with small staffs will be completely... — read more
Is it too late?
I started with the company a few years ago. I was fresh out of college and considered this to be my first “adult” job. Back then I loved the idea of working here. But lately I feel like this company is on a downhill slide. I’ve witnessed a few... — read more
just to be clear
For all of those a$$holes from FirstData, remember Fiserv bought FirstData. Jeffy mave have given up his "leadership" to Frank, but it was Fiserv that bought FirstData. Why he was allowed to do that remains a mystery. Fiserv's policies should... — read more
How
Is that stellar epay SLT working out for you all right now
Malibu
All the while Jeff sets with his architect remodeling his Malibu beach house chuckling about how he pulled off one of the greatest financial con jobs of all time
Jersey shore
Seems like significant talent has left and is leaving for New Jersey to follow a real leader who now has a ceo role at conduent. People follow real leaders. Meanwhile fiserv continues to bleed top talent. Last one leaving please turn off the... — read more
This
Site is as dead as the associate morale. #lowenergy #bedazzledlapband
Love what you’ve done with the place
Happily gone from fiserv. In the time since my departure they have moved to 50:1 reporting structure where the boss has never performed the role, moved people from roles where they excelled to not desired positions and have massively stunted their... — read more
Hedge Funds’ Insatiable Appetite For Fiserv, Inc. (FISV)
https://finance.yahoo.com/news/hedge-funds-insatiable-appetite-fiserv-133546573.html
So
OFS ran the company into the ground, and the merger was to obfuscate the poor state of the financials. Jeff got to leave and save face which was nice. But frank was viewed as one of the view that could stop this from turning into another GE. The... — read more
Frank on Cavuto
Frank was just interviewed on Fox News about signing a letter to DeBlasio about the deterioration of NYC business. It should be on youtube eventually.
Official Unoffical Employee Rankings due 9/15
Officially informed today that unofficial employee rankings are due 9/15 to HR. These will be used to make fourth quarter layoff decisions starting in early October. Using a 30-60-10 split, so 30 percent of the workforce will be at risk starting in 3... — read more
A question for those who left Fiserv on their own
If anybody who did so still checks this board, can you please tell me if you are happy with your decision? Any regrets? I have a chance to move to another company but to be honest, I'm really scared of giving up a semi-secure job here (due to... — read more
FB doesn’t trust you! Spying in full swing
FB talks a big game about Fiservs clients but his level of employee spying should scare all employees. He is doubling down on wanting to know everything you do. Work life balance and mental health will be a struggle when FB creates an environment... — read more
Confused by messaging surrounding 401(K) match
I will start by saying that when Fiserv took away our 401(k) match back in April I understood considering how poorly the market performed in March and the unknowns of COVID-19. However, since that time the messaging from Frank on earnings calls have... — read more
RIFs
What's the word on the next round of RIFs? Time frame?
Warn notice
There is still a warn notice for ohio in September