Thread regarding Fiserv Inc. layoffs

Jacobin article

Pretty accurate and sad.

https://jacobin.com/2025/03/bisignano-social-security-ssa-trump

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| 1885 views | | 10 replies (last April 3, 2025) | Reply
Post ID: @OP+1jpxas371

10 replies (most recent on top)

@OP+1jpxas371 - Thank you to the individuals who came forward to be interviewed for this article. Also, thank you to the whistleblower that senator Wyden mentioned during Frank’s confirmation hearing. And a giant thank you to the author of the Jacobin article.

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Post ID: @23k+1jpxas371

@jw+1jpxas371
Well said, please contact your senators to oppose Frank's confirmation

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Post ID: @kr+1jpxas371

The hearing on Frank’s confirmation is scheduled for this Tuesday, March 25. Take action now and contact your congressman by phone or email, if you do not want Frank to do to Social Security, what he has done to Fiserv or First Data. We have all seen him in action and know how he works. If you lost your job and benefits because of a Frank RIF, you know that you will be depending on Social Security. Don’t let him hurt you there, too.

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Post ID: @jw+1jpxas371

Scathing! But 100% true

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Post ID: @jt+1jpxas371

Some of this is not accurate. Especially one of the statements about the stock - "employees were given a stake in the form of hundreds of shares each as a way to make up for cuts to retirement and other benefits." BS! or "workers were left holding an average of just $42,000 worth of stock each." MORE BS! In 26 years there I was NEVER given or awarded that much stock, or have enough of it add up to equal $42K!

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Post ID: @db+1jpxas371

Thank you to the employees who spoke up. Very well written.

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Post ID: @cy+1jpxas371

Well done article that had a lot I never knew about.

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Post ID: @cx+1jpxas371

Yup, Frank is a loser and scam. Nothing new

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Post ID: @ay+1jpxas371

Yep, sums it up nicely.

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Post ID: @aw+1jpxas371

Great article, they did their research.

Pity that it’ll make absolutely no difference in the worm getting the SSA job.

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Post ID: @ah+1jpxas371

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