Thread regarding Fiserv Inc. layoffs

Frank, Trump, layoffs

since the federal government is doing mass workforce reductions, do you think frank is modeling the trend? I mean we all know that layoffs are part of the company, but I feel they are larger this year. wonder what Mike will do.

by
| 1951 views | | 10 replies (last March 3, 2025) | Reply
Post ID: @OP+1jn9803j2

10 replies (most recent on top)

Social Security Administration Says It Plans to Lay Off 7,000 Workers

by
| | Reply
Post ID: @g8+1jn9803j2

Personally, I think the government is following Frank's playbook...

by
| | Reply
Post ID: @fc+1jn9803j2

UFB. New Fiserv acronym. 😂😂

by
| | Reply
Post ID: @c2+1jn9803j2

Let’s not forget his right hand man Pete Caviccia who was also involved in the JPMorgan leak https://www.americanbanker.com/news/a-breach-from-within-why-jpmorgan-fired-lead-security-staffer

by
| | Reply
Post ID: @br+1jn9803j2

Oooo, I have another good reference for FB. He is UFB - Unethical Frank Bisignano

by
| | Reply
Post ID: @b0+1jn9803j2

Frank is PO'd. There will be nobody left at the SSA for him to sack once ET(Elon Trump) is done. The ET reference should not be confused with that heartwarming movie by Spielberg about the Undocumented Alien named ET.

by
| | Reply
Post ID: @az+1jn9803j2

Unethical doesn't necessarily equate to illegal, so what's your point? We know he's a dirtbag. What of it?

by
| | Reply
Post ID: @av+1jn9803j2

So I’ve heard : Docket # HUD-L-003478-23 can confirm Inselberg vs FB

by
| | Reply
Post ID: @a8+1jn9803j2

We know he's a criminal. Why do your think the con in chief picked him?

by
| | Reply
Post ID: @a4+1jn9803j2

Frank Bisignano, has been associated with multiple instances of workforce reductions throughout his career. Under his leadership, Fiserv has implemented several rounds of layoffs, including significant staff cuts in 2022 and early 2023, reportedly affecting thousands of employees. These measures were part of efforts to boost profit margins amid economic challenges ultimately increase stock price.   
He’s not an ethical leader / let’s not be shocked.

In 2013, during an internal investigation at JPMorgan Chase into leaks about a federal probe into the company’s energy market practices, evidence suggested that Bisignano, then the Chief Operating Officer, might have been the source of the leak. This incident raised concerns about internal information breaches within the organization. 

Furthermore, Bisignano has been involved in legal disputes, such as a case where he loaned money to Inselberg Interactive, LLC, with patents and sports memorabilia as collateral. After a default on the loan, the parties executed an assignment agreement, leading to legal proceedings over the validity of the foreclosure.

Remember all of these incidents have contributed to perceptions of Bisignano who appears to be unethically financially motivated as a leader who prioritizes cost-cutting measures, sometimes at the expense of employee / client welfare and organizational stability. 

by
| | Reply
Post ID: @a3+1jn9803j2

Post a reply

: