Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

Sapience II

Barclays attempted to install it, but they had a change of heart: https://www.cnbc.com/2020/02/20/barclays-backtracks-on-staff-surveillance-system-after-criticism.html

Self-awareness not mandatory at OFD

COVID issue has exposed OFD leadership and all of the little corporate puppets that mindlessly fall in line. The presenters want to be heard keep on jabberIng through the meetings assuming that we actually listen to the BULL**** updates. Please... — read more 

Give it a chance

Not sure everyone is giving frank and first data much of a chance. Try your best and reflect at year end, you may be pleasantly surprised

Strength of Culture

As an OFS person I have to admit OFD has a much stronger ERG program and desire to create a diverse and inclusive culture. I attended a session yesterday to discuss the present racial tension and that call never would of happened at OFS, I should... — read more 

Amazing to me

It is truly amazing to me how amidst an age where people are dying from a pandemic, rioting and looting is spread throughout the country, serious problems abound with millions out of work and hundreds of thousands more dying and a person on this... — read more 

Sapience

Can someone tell me how to see if it's on a machine? What's the fu software name, does it show in task manager, etc. Are we being given access to our data? Has anyone had their Sapience data held over their head in a review-type... — read more 

Less than a Month

Early Warning for the OFS folks, be prepared for fast and furious change. Frank is going to come in like a hurricane when JY leaves and he is finally fully in control.

Management, Morale, Loyalty & Quality

Goes without saying that there has been a cultural shift over the last year at the firm. Management has cultivated an environment which has largely been fear based. While this may drive up KPIs or other management metrics and 'increase productivity'... — read more 

Move away

I departed FS about six months ago and have slowly dropped reading this board as it is unhealthy to remain here. We KNOW the situation and nothing new is posted much these days, not layoff numbers to be sure. Move ON to a new life and job. Let FB... — read more 

I'd rather not.

You know it is bad when you'd rather be laid off (amid a pandemic), than to continue working here.

The Infinite Game and the New Fiserv

Fiserv leaders, read this book by Simon Sinek. Frank certainly should as he lives the dark path. In the intro - describes exactly what’s going on right now. “The results of this default mindset are all too familiar: annual rounds of mass... — read more 

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Trading

Watch the leadership stock trading closely. It tells the direction this company is heading. Going to be bumpy

Does anyone here?

Does anyone here think it's mere coincidence that Frank and crew all worked for JP Morgan during the housing bust? Do your homework.

ISO Card Laundering under Frank

https://seekingalpha.com/news/3576039-fiservs-first-data-settles-charges-of-iso-credit-card-laundering Should that $40 million come out of Frank’s pockets? Or will it lead to more layoffs to pay for it?

Frank is miffed that we're all WFH

You can read between the lines when leaders address you; he's miffed, and I'm not sure he believes himself when he says "no rush" to get back. I am not sure why he dislikes WFH so much; I feel like we've been pulling our weight and working hard... — read more 

Censorship

Not just individual comments, but noticed that entire posts have been removed from this board. How fragile is Tony Soprano?

Sabotage

Fiserv corporate has literally sabotaged this board by removing posts and posting on each thread. What a bizarre insecure organization does this. Along with giving employees a goal of filling out the engagement survey in their favor its no wonder... — read more 

Mental health

How does one navigate the effect these 'efficiencies' to departments takes on mental wellbeing? It's becoming more and more difficult to find any motivation to care about Fiserv, about anything. I'm OFD and accepted I'm a number on a spreadsheet... — read more 

You Are Not Alone

May is mental health awareness month. Each year millions of Americans face the reality of living with a mental illness. Now more than ever before, it is important for the mental health community to come together and show the world that no one should... — read more 

He Saved First Data. Now Fiserv’s

New CEO Sees a Changed Payments Landscape: https://www.barrons.com/articles/fiserv-ceo-digital-payments-fintech-frank-bisignano-financial-services-technology-covid-19-51589489904

Endless Cycles

The endless cycle of hiring spree followed by layoff lottery (wherein it isn't really a process of ditching deadwood, but mostly about settling scores, protecting the good ol' boys, and ditching the newbies who haven't quite learned how to play... — read more 

FTS travel

As OFD I know travel is audited extensively. Who and why and if it makes sense. It’s clear OFS FTS travel has raised a lot of flags for “anomalies”. If and when travel does occur expect it to be the OFD way, not the OFS version

WhatThe Wiki

Have you seen the Wiki page for Fiserv? Maybe it’s a blend error between FD and Fiservs pages but Yabuki’s name isn’t in the key people section. And it lists the owner as KKR. WTF?!?! https://en.wikipedia.org/wiki/Fiserv

Fiserv burned too many bridges

Fiserv has been slowly blackballing itself for years. Nowadays, only the H1-B, desperate, or the naive will bother working for them in the smaller tech markets, because they simply burned too many bridges and word has gotten out. When I worked... — read more 

How screwed are we?

Frank Bisignano seems like the worst possible replacement for Yabuki from what I can see, at least in regards to employees. I'm sure shareholders are going to love him when he starts cutting costs. Was there really no other, better alternative that... — read more 

ATL

It’s true a lot of lay off at Fiserv here in ATL. I know of 5 people. They been with the company for 20 plus years got let go last week. Sad thing.

Insulting

While employees take home less money due to rising benefit premiums and pathetic raises less than 2% our leaders compensation keeps increasing. It’s truly obscene. Capitalism is fine corporate greed is not. ... — read more 

Bad company

I used to work for Electronic Data System. Fiserv came in and took over with a promise of no lay-offs. Then laid off 98 people saying that they were restructuring the company. Long behold- 90% were black. Very prejudice company . Then like 2 years... — read more 

Layoffs delayed in Dublin

12 Dublin employees were asked to stay a few more weeks due to COVID -19. See http://jfs.ohio.gov/warn/pdf/Fiserv.stm

Think Before You Speak

There is obviously a lot of folks posting that don’t care for JY or FB...I don’t have any input on that topic. But what I would like to say is that I have been with Fiserv for a long time. And there are so many good people working with... — read more 

Suggestion: Don’t Feed The Trolls

There is bound to be an uptick in FB sympathizers showing up to goad you into an argument. This is their time in the company now and they are the type of low-moral humans who LOVE to pick a fight. A majority of us on here are using this site for... — read more 

“The synergy work is not complete...”

They target is now $1.2B. They are going to cut, cut, cut. And by so doing, lose any hint of the vison/people they need to become the best fintech on the planet. You can’t spreadsheet filter your way to client success and wellness. You have to think... — read more 

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