Thread regarding Fiserv Inc. layoffs

Too many managers

It was said before and it needs to be repeated. Our management levels are bloated and need to be thinned out. Layoffs are needed, but they keep targeting the wrong people. Focus on managers who do nothing and we'll be golden.


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| 6 views | | 8 replies (last 2 days ago) | Reply
Post ID: @OP+1kvwscm9b

8 replies (most recent on top)

We are WAY too top heavy in the VP and SVP roles -so many layers it’s ridiculous. Most of those would never be missed if let go as they add no real value.

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Post ID: @mn+1kvwscm9b

@b3 yep large corporations keep pushing managers into “player/coach” roles. They are expected to manage people and do all the other things managers are supposed to be doing (escalations, removing friction from employees jobs, etc) while still produce like an individual contributor output. They keep giving single managers a more balooning headcount and they wind up not having the time to actually manage. Corps try to reduce management “overhead” while also increasing coordination complexity. There's more tools, more offshore teams, more reporting, more compliance, more this more that. It's just ridiculous because these companies thin out the management layer then discover that someone still has to do the management work. Then it gets dumped onto senior individual contributors or whoever is the informal glue between so many different processes and teams. Where I'm at now is pure chaos.

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Post ID: @cn+1kvwscm9b

@a1 why do some posters derail every thread to talk about DS, DW, Infinite (boohoo) or H1B

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Post ID: @cm+1kvwscm9b

@b3 💯 truly effective managers are hard to find. It’s frustrating when you have managers and VP/SVP who have no idea on how to lead because good management has such a huge impact on everything: team morale, productivity, and results.instead we have leaders who act like online influencers. Talk BS, go to fancy conferences, build their own personal brand.

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Post ID: @bp+1kvwscm9b

there are still managers here that don’t also have full time jobs? our division doesn’t have any like that left.

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Post ID: @b7+1kvwscm9b

Corporate everywhere totally lost all understanding of what managers are supposed to do. AI fraud salesmen have c-suites thinking that people managers are redundant and everyone will need to be at least half focused as an individual contributor. With the growth of complexity across business and the number of tools, regulations, policies, and the turnover/attrition environment, people managers have never been a more critical role. They own the direction/vision of their segment, keep workers focused (by reducing friction and distractions) and ensure the appropriate people are where they need to be and enthusiastic to be there. They are supposed to make sure everyone below them knows their purpose and can see a clear line of sight to get there. How many people at Fiserv today feel like they have a clear understanding of their role and their specific purpose AND feels like they will be appropriately recognized for meeting it.

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Post ID: @b3+1kvwscm9b

My group doesn’t have enough managers. Have like 20+ people reporting to one which is too large. It’s the VP and above that are worthless.

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Post ID: @a9+1kvwscm9b

My manager basically receives a big ball of BS from his manager, and then passes it directly down to his reports. Annoying

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Post ID: @a2+1kvwscm9b

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