Thread regarding Fiserv Inc. layoffs

There are a handful of articles about palentir, private detectives, FB, and PC below him.

That should be enough keywords to find what you're looking for.

@1dtc+1vCGfehC explain, looking it up yielded nothing

Post ID: @1dtc+1vCGfehC

I came from First Data. To be clear; there is a huge difference in the culture. JP Morgan Chase got rid of Frank for a reason ( look it up) and then he went to First Data and those nutballs embraced him. Fiserv used to be a good place to work until the mysterious change of leadership.

@2qyj+1vCGfehC that's now how the law works

@ Confirmed_Sources_Say So you know you actually CANNOT use the sapience tool to accurately monitor activity RIGHTTTTTTTT? It says so in the manager training regarding the tool and the Q&A on fuel. It doesn’t even accurately capture work on MacBooks. But thanks for letting us know that you’re either a manager who’s has no ambition besides making your employees as miserable as you feel or an Hr sheep that pretends that arguing on an anonymous forum is meaningful work and makes you deserving of your pay!

Convenient they didn’t define a “professional workday” if anyone ever gets a time constraint in writing class action lawsuit for overtime pay. Probably still a case as what it implies, tracking, and terminations based on. I want the 20+ hours of overtime/week pay for years that have been withheld. Very important for everyone to get their roles and responsibilities documented. Even with right-to-work employees there are implied contracts that protect you from termination. I.e. assigned to multi-year projects implies a commitment from both parties. Employees are the largest stakeholder of the company, investing their entire careers, the real stakeholders need to get rid of the free loading execs.

My team now has to be in office 5 days and 8 hours. The inconsistencies across Fiserv don’t seem fair.

I'm excempt and salaried and now have to use R and R for small appointments

It’s not right that some still get to be fully remote.

@1lim+1vCGfehC

Better move: Any role at another company.

Fiserv pretends to pay me, I pretend to work. Cope boomer

Account managers and sales reps can work from home, can't they? I'm looking to go from a low-level support person to an account rep. Good move?

What is grade 10 and 11.

I was told from my VP that 6 hours in office for grade 10 and below. And those that are incentive eligible typically grade 11 and above are 8 hrs if you want your bonus ... But absolutely no where do they have a written policy. It's all a "business decision"

Notice there's no mention of how many hours per day. How convenient! They're deliberately keeping it vague.

*Flexibility still applies for occasional life situations; work with your manager

That's the biggest lie I see. They are not accommodating at all.

"What counts as a full day from office? What if you work 6 hours in office and then 2 from home? "

You are expected to work 8 hours in the office, excluding lunch and bathroom time. And if there's off-hour work, it's on top of that and unpaid.

@1dtc+1vCGfehC

There it is. They are making decisions based on a broken tool.

None of OP news was... new. But I do agree we should all know the expectations and make whatever decisions we need to make.

@Confirmed_Sources_Say You know that Frank isn’t going to pay you extra for licking his boot in your downtime, right?

@1wko+1vCGfehC I see the sapience reports, I know what you are doing all day, and especially on Fridays and it’s not good. There was fat to trim and that’s what this was about.

If I had FBs ear I would implement next round of return to office. This ain’t a government job, if you can’t do it, go find someplace else to pretend to work.

Add remote work to the long list of horrible decisions made by old Fiserv management. We’re 5 years on and FirstData folks are still trying to build out efficient processes and bring common sense business practices into the corporate culture while original Fiserv kicks and screams the whole way.

Confirmed_Sources_Say You are either a dinosaur or a cuckold…a Dino I can respect but if you are under 40 and thinking like this man I’d love to see what gets your gears turning in your head. Get with the times or get left behind. This sort of visionless parroting will get you far in some circumstances but not happy. Think for yourself, and have some real ambition not the imitation dream of a 75 year old banker for God’s sake. There are many companies who do better than Fiserv who allow flexible work arrangements and provide better pay. Decentralized global organizations are the future. Hire the right people and you wouldn’t be so insecure about what they were doing all day.

You should do your homework - Before First Data Management took over Fiserv, Employees were hired remotely. WAY before Covid was even a daily word ... HIRED as REMOTE.... Frank is a megalomaniac, control freak. That's all this is.

What counts as a full day from office? What if you work 6 hours in office and then 2 from home?

OP didn't post this as a complaint and didn't infer that it was. It's an update given the RIFs this week. We got a similar email today.

When you write is like that it all seems so reasonable, right? Fiserv hires you to do a job, you are expected to actually show up most of the time, actually work when you get here, and actually stay for like a whole work day, most of the time. In exchange Fiserv pays us. That’s the deal. Then as an added perk, if you buy the stock (or get stock comp) you nearly doubled up this year…pretty good deal.