Thread regarding Fiserv Inc. layoffs

FB and PC and executives working so hard right to remove the posts that shows FB becoming CEO of a failing company in 2013, PC being forced to resign in 2013, First Data (now Fiserv) being one of Palantir's biggest client in 2013.

PC didn't know how to follow simple directions at JPM with much more oversight, what do you think is happening with the executive that started it all being the oversight?

It sounds like a whole lotta strategic mistakes, strategic forced resignations, strategic losses on investments, strategic hirings, strategic adoption of strategic investments.

(August 2020) https://www.sec.gov/Archives/edgar/data/1321655/000119312520230013/d904406ds1.htm

"Fiserv. First Data (now Fiserv) has long been a global leader in payment and financial technology. First Data has used Palantir software since 2013 as a critical element of its technological transformation, including to enable risk management, smart pricing, and to develop data-driven products for its customers. "

@1pdo+1vQxnc45 you're right. I had no idea that Palantir was used by Fiserv. The slide by Palantir shows Fiserv as one of their clients in Financial Services.

https://x.com/lord_herugrim/status/1848746738246393989?s=46&t=RMhf3lw6HEFQEwyOxS4Tww

I honestly don't think Palantir is even necessary. I read somewhere that PC was able to copy their tech and went "rogue." So cannot follow directions under supervision of JD, and now they follow their own directions under FB.

Just an FYI, since others are looking into this again, we do use palintir here.

Sometimes I would talk really mean to employees/encounters that randomly met me and knew my name.

Wish I was smart enough to plant false information. That would have been a doozy!

I'm sure support from outside entities would be necessary. Would these external entities face any consequences if they were found out to have been involved in such activity?

I would not expect any less from our "capable" leaders.

"Some even planted fake info in their communications to see if this security pro would fall for it and mention it in meetings, which he allegedly did, according to the report."

We have confirmation that the following is true.

"the JPMorgan team looked for signs of disgruntled employees, even something as simple as clocking in later than usual"

I would not expect any less from our "moral" leaders.

"FB was reportedly the executive sponsor of this Palantir project at JPM and the security pro allegedly curried favor by alerting FB when his name came up in an investigation."

@ksw+1vQxnc45 Let us know how much it takes to do this at scale. Please share how you would do it, if you "would have" done it. Would you have a security team that works closely with HR? How much money would you say should be allocated towards such a program? What kind of work environment is needed for this? If we have these same leaders, can we trust them to act appropriately with no adult supervision?

I personally can stop being followed in a "stand your ground" state, where I just happen to live in.

Frank is a POS. He was the one at JP Morgan who started this spying, continued it when he bailed to First Data and then uses Sapience after we merged with Fiserv.

Unbelievable. Why is he so obsessed with this?

"the JPMorgan team looked for signs of disgruntled employees, even something as simple as clocking in later than usual. The security team would then investigate the employee, possibly even physically watching the person after hours, Bloomberg reported"

hmmm

https://www.cnbc.com/2018/04/19/jp-morgan-reportedly-had-to-oust-a-security-chief-backed-by-palantir.html

Frank Bisignano - last known role: Chairman of the Board, President and Chief Executive Officer of Fiserv
Currently nominated as commissioner of Social Security Administration
(https://www.jsonline.com/story/news/politics/2024/12/05/heres-a-look-at-fiserv-ceo-frank-bisignano-wholl-lead-ssa-for-trump/76791942007/)

$3000 a day is nothing for a bank

You’re a fu--ing id--t. Do you know how much it takes to do this at a scale? Stop being a fu--ing baby

"As bizarre as this story of employee spying at JPMorgan is, there's a caveat. Palantir has historically been so hard to use, it requires hiring engineers specially trained to operate it, often from Palantir. Bloomberg reports that this program involved as many as 120 Palantir engineers, costing the bank as much as $3,000 a day. "

So not only do they spy on you outside work, they waste a lot of money to get the program working. What would we find if we looked into how much money was spent to spy vs paying a decent salary.

If you felt like you were being followed outside work, you probably were