Topics regarding layoffs at Fiserv Inc.

Topics regarding layoffs at Fiserv Inc.

Bonus Amounts and Timeline

What’s the guidance that people managers are hearing? How is bonus funding looking? And timeline?

Sapience numbers incorrect on MacOS?

Are there any other developers on here with abnormally low Sapience numbers on MacOS? I've heard rumors of it barely working properly on macs, but my Sapience implies I've worked only 2 months worth of hours for an entire quarter, but spent an entire... — read more 

Micromanaging at it’s finest

Fiserv micromanages everything, right down to our desktop wallpaper. I can’t see my apps because of the clutter they push as wallpaper. I change my wallpaper to solids color 5-6 times per day and they keep pushing their wallpaper. Jesus man, let us... — read more 

Do you really think a new CEO will make a difference?

It's time to face facts. This place is beyond saving. Instead of hoping for a miracle, every employee should be working on an exit strategy. That’s the only smart move when it comes to Fiserv and the future. I don’t want to sound pessimistic, but... — read more 

New CEO, not good for remote workers

I hate to break the news to you all but this new CEO is not favorable towards remote employees. He has not hidden the fact of pushing everyone into an office, and it makes perfect sense for two main reasons. Frankenstein did pick him, so you know... — read more 

DEI

Would John G. Will be let go? as your customer, this exec has been useless to me! I continue to rely on your middle managers. He is absolutely useless! No connection with the Fiserv offerings.

DEI Next to Be Axed?

Will Fiserv be the next company to dissolve DEI? Target just announced it and other firms are beginning to do it based on the administrations directive to halt it at the Federal level. Is this going to be used as another method to layoff? Asking in... — read more 

What can I do to get laid off?

If I could get severance & unemployment, I can get out of here in advance of my in-my-head upcoming planned retirement date. Not just done, overdone.

Frank still chairman of the board?

The press release identifies Michael P. Lyons as president and CEO. Who'll be chair of the board? Where will the true power lie in this company? Will Frank continue to rule from the shadows as he ruins the social security admin?

WFH Returning with New CEO

With the announcement of Fiserv’s new CEO, there’s a strong possibility that work from home will become a permanent option. The new CEO has received great approval ratings on Glassdoor and is known for rejecting micromanagement. A source close to the... — read more 

My team was just dissolved (GBS)

Slow motion train crash over the past half year. No real notice, then sweeping changes in the past 48 hours. Engineering team. They are promising no one is being dropped but I highly, highly doubt it.

Good News / Bad News!

Good news: Glassdoor shows 65% of people approve of the PNC CEO (soon to be Fiserv’s CEO) 👍, compared to only 35% for Frank, the current Fiserv CEO 👎. So, it’s probably for the best that Frank is on his way out and Lyons is stepping in. The bad... — read more 

PNC employee on CEO

He’s a workhorse for sure. I’m at PNC a few years now and have been around him a handful of times. Obviously intelligent and knows the biz, but he’s approachable and communicates clearly. Soft rumor that he’s a voracious reader and sleeps 4 hours a... — read more 

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| 1830 views | | 1 reply (January 27, 2025)
Post ID: @OP+1jjc46969

Prepare for cuts

The new guy is definitely going to want to show the board and shareholders that they can rely on him from the very start, and the easiest way to do that is to make a big impression - major cost cuts through layoffs. I’d bet anything that we’ll see a... — read more 

A change in CEO won’t bring anything new

Or, God forbid, anything better for us. Fiserv is just a bland corporation, fixated on the bottom line, shareholders, and bonuses, with an unsettling obsession with surveillance. Don’t expect the new CEO to make changes that improve our situation. If... — read more 

Another banker?

This is the last nail in the coffin! “Technology” company ran by bankers!

New guy

Let’s hope he cleans house.

by
| 1000 views | | 1 reply (January 24, 2025)
Post ID: @OP+1jja31a9x

RSU Lawsuit

Has anyone heard of a successful lawsuit to recoup forfeited RSU’s due to layoff?

NEW CEO JUST ANNOUNCED

https://quantisnow.com/insight/fiserv-appoints-michael-p-lyons-as-president-and-ceoelect-5854616?utm_source=reddit

Fake Meetings

What's the crazy I am hearing about one person fake meetings?! Like our workforce seriously cannot be this dense right?

Unbelievable

When I tell my friends about this place and the monitoring and other BS here, they can’t believe it. It is embarrassing to say yo work for Fiserv. Most of my friends work in fintech and nobody has anything like this. It is like a prison camp. Is... — read more 

Not leaving empty-handed

Looks like they’re pulling every trick in the book to get rid of employees and dodge severance payouts. Mounting workload, bullying, micromanagement, reduced bennies... But I’m not walking away without something to show for it. Unless some dream... — read more 

Fallon Mean Tweets

How great would it be to have CEO go on Jimmy Fallon and read these comments..."mean tweets" style? Better yet read them in his beloved cnbc squawk on the street song & dance show? Make everyone watch it on an all hands right before he runs over from... — read more 

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| 890 views | | 3 replies (last January 23, 2025)
Post ID: @OP+1jj8jd9nd

Berkeley Heights got busted for fake meetings

Word on the street is that some Berkeley Heights employees got busted for creating fake meetings in order to get sapience hours. No idea if they are let go or what happened to them. Anyone knows anything about this?

Badge Swipes

The word is that the swipe monitoring is being enhanced to deduct the in and out times during the day. Example lunch break, smoking, walks, going to car, etc.

The cost of greed

Once a thriving company, Fiserv is now just a shadow of what it used to be. Loyal, hardworking employees are let go, while the real dead weight sits pretty, thanks to connections higher up. It's frustrating to watch as bad decisions fueled by greed... — read more 

Unlimited R&R time

I hear that HR is quietly removing the word “unlimited “ from all documents. So it begs the question….are they trying to skirt the law around defined time off for exempt employees? How do they stand up to not paying for unused time if laid off? How... — read more 

Off Site Parking BH

Anyone have any updates on the off site parking situation at Berkeley Heights? Is it going to be overflow once the campus lot fills or will it be assigned parking?

Disgusting

Could not be more disappointed in leadership today. The cold warnings in Milwaukee are not a joke, option to stay at home today should have been extended and was last year for similar cold stretch and warnings. Your precious badge data is not more... — read more 

New CEO

For the love of God who is our new CEO. How can they have waited this long to announce this.

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