Looking in the rear view mirror, had Fiserv not done this merger (I will not call it an acquisition) they would have been better off. OFD had a ton of debt, global presence and a focus on merchant payments. All bad at the moment. OFS would... — read more
Great news on 401k
Fiserv has delayed moving the vanguard 401k. So if you were fired in February or March you can roll it over wherever you choose
This company is low.
Let’s talk about severance. I was laid off 21 days before my 10 year anniversary with the company. They decided to pay me out only 9 years because I didn’t hit the 10 year mark yet. 21 days!!!!
FISERV board is going to hell
Gee, I have an opinion. Gee, I think that so and so is bad. Gee you make no sense. Gee, I like Fiserv but am worried. Gee Gee....... Nobody posts facts anymore, just c-ap about this and that and I hear from more time about the Malibu house... — read more
Does anyone really think of JY as CEO anymore?
For the last few months I think of FB as the real leader at Fiserv, with JY busy buying drapes that match the color of Malibu's sunsets.
FISERV - Advance your career
On linkedin.com - big advertisement for new hires. Woman says it is her dream job. LOL - how little people really know - ought to research the place first.
Essential Business
Federal Government has indentured Fiserv as an ESSENTIAL BUSINESS. Meaning we must do what we can to show up to work and do our jobs even if a state or local government dictates a stay home edict. ... — read more
Fiserv increasing associated salaries by 25%
Hello Team, I have great news! Fiserv will be increasing the salaries of all hourly associates by 25% for all time worked from 3/16 until 4/30.
On Contract employee
Have not heard any news for this class of vulnerable workers. Any news dear audience?
MOST ADMIRED COMPANY for 2020
Somehow they did it again, and we are only 3 months into 2020 - look at the totality of comments here and OMG is that a farce of a distinction.
Work from home rotation policy
Why company is asking 50% of employees to work from office? This is pandameic situation and management wants thier employees to come to office. This is absolutely risky decision.
Gobble, Gobble
https://biztimes.com/fiserv-acquires-austin-based-enterprise-point-of-sale-management-company/
Learning
Many a "boss" at FD could learn something from this - https://www.youtube.com/watch?v=LrVNTZ6ORm8
Over 40 and got your notice? Be sure to ask for...
Are you over 40 and got laid off? Getting a severance? Under Federal Law the Older Workers Benefit Protection Act (OWBPA), which is a part of the Age Discrimination in Employment Act (ADEA) requires they tell you in writing: The reason you were... — read more
How many total were laid off yesterday?
And was anything other than New Jersey hit?
Dublin office
With the Ohio rule limiting gatherings of more than 100, will the Dublin office be totally remote now
Fiserv's CEO Interview
https://www.investors.com/news/management/leaders-and-success/fiserv-ceo-takes-two-hour-vacations/ From the interview: "When all is said and done, my hope is that people will say I made a difference in making their lives better," he said. "As... — read more
Bigger “Synergies” - More Layoffs?
Just reported - “ Now sees $1.2B of run-rate cost synergies, up $300M from its prior target, and run-rate revenue synergies of more than $600M, up $100M from its prior target, both for the five-year period ending in 2024.” So instead of $900... — read more
On postings
We are getting alot of editorial opinions here of late, while valid let's also address true layoff numbers and try to avoid rumors. Enough of those flying about. Just a suggestion.
Fiserv is down 25 points
When is leadership “held accountable”? Because trust me they’ve held people accountable in many similar scenarios over the years
Stock drop
The drop in the stock price will be the excuse fiserv needs to execute a scorched earth policy of staff reductions. Buckle up
Call Centers
Does anyone have any insight into if there will be more call center layoffs?
To those who have gotten severance
Was it just 2 weeks for each year worked or was Cobra included in severance as well?
Sad
This place is quickly becoming a place that I don't want to work at. Sad really to watch what was once a decent company turn to s**t.
Heads will roll next week
be prepared for the 30 minute meeting on your calendar and the check to make sure you will be in the office on that day. if you were force ranked to a meets most then you are done. if you are meets then its going to be coin flip. Next up, remote... — read more
401k news
If your position was eliminated in February or March your 401k will move to Merrill and you’ll need to leave it there or transfer to your provider of choice in mid April. Something to be aware of
I have to believe
I have to believe that JY does not read this website at all. Otherwise, how could you just turn a blind eye towards so many unhappy employees? I mean FB, is a different story altogether as most are well aware of his lack of caring, shady dealings and... — read more
Engagement surveys
Perhaps the biggest fraud at Fiserv is the associate engagement survey. The electronic payments division makes the survey score a determining factor in each associates performance review. Meaning if the associate doesn’t rate management highly, the... — read more
They never built anything.
Think about the track record of Fiserv “leadership”. Fiserv was a middling company until they bought checkfree, the company Pete Kight built. Tom tried to run the payments business for Fiserv but his only talent was trying to dress cool but really... — read more
Consolidated thread: Corona Virus & Fiserv
How do you see things - what will happen next?
97% of companies allow teleworking. Fiserv is aiming for the 3%
The move to remote work has been building in recent years, as technology improves and a hot labor market has put more companies in the mind-set to give workers the flexibility they want. Nearly 70% of employers said they allow people to work from... — read more
Big layoff
Last week GS and GDC had big layoffs. Any updaye on counts?
2,606,307
That's the number if FISV shares directly owned by FB. FB: 2,606,307 shares x $109.36 = roughly $285 million JY: 415,537 shares x $109.36 = roughly $45 million JY has been regularly selling FISV shares each month (2 homes in Malibu ain't... — read more
Most amazing thing
What is the most amazing thing to me is that post after post, whether it's this site or Glassdoor or any other, people are screaming out that FD leadership s—s. People are screaming, this is not working. FD runs over everything and everybody with... — read more
Last Day today at Fiserv!!!!
Turned in my laptop this morning after finding a job with a competing company. The writing was on the wall so I took my own future in my hands. Why board the Titanic if you knew what was going to happen. After watching 2 months of oFD leaders in... — read more
Sapience Activity Logging
Sapience was added to my PC last week, no notification, just started logging my activity. I called my boss to ask what was up and was told it was a surprise to my entire leadership... Which I don't believe. They are using this to decide who... — read more
Layoffs this week
Hearing a large number of layoffs this week hitting the Atlanta and Dublin offices