@a2+1jkbv1rpp Fiserv, and its cleared individuals are contractors to the government.
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2025 goal - reduce costs by 20% in various depts. Reduce work needed (selling less new stuff + AI to reduce inbound client contacts = ongoing RIFs).
I wouldnt be surprised if FB did another one before he leaves and before bonus are due. His playbook.
I would absolutely love a layoff. But my team has had people drop like flies (quitting). This leaves me and 1 other person with work for 5. That means they are going to hound me about sapience but not lay me off or fire me which su-ks (I don’t respond to toothless threats). I’m working on caring less because this place drains my life energy. Applying daily now. Nothing gets me more upset than talking to my peers at other companies and realizing just how terrible this job is and even worse by design. If you need to take 2 steps back in your career just to have peace of mind I promise you it is worth it. Remember, your efforts to leave will compound over time until there is a payoff. Let those who wish to stay do so. I’d rather be an analyst at a decent company than a director in this toilet bowl. Sapience is not the norm. Badge swiping to this degree is not the norm. Attrition like we have is not the norm. The bonus structure here is not the norm. Find better, execute a plan, and get the he-l on with your life.
Chance's??? It's a forgon conclusion! Yes more layoffs and not renewing contractors. List came out the other day for review.
At Fiserv a 'buyout' is called a 'layoff'.
You can search for the details of the severance policy on the corporate intranet site.
Chances of another layoff are very high.
The best source of information about layoffs is thelayoff.com.
We're not part of the federal government, so what are you on about?