Thread regarding Fiserv Inc. layoffs

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It would interested to ask Lyons how will Fiserv innovate with all the layoffs and loss of simple technical and product knowledge that his predecessor let go to pump and dump the stock price.


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| 2301 views | | 8 replies (last October 3) | Reply
Post ID: @OP+1k6btf8jc

8 replies (most recent on top)

I heard Clover really b0mbed at Forum. Almost no traffic at the booth.

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Post ID: @qw+1k6btf8jc

I'm unclear on what the point of the forum is

Especially the clover part - are small business owners paying for tickets to go to Vegas for this -unlikely. Seems mis targeted?

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Post ID: @k2+1k6btf8jc

@cs I can't tell if your being sarcastic or just have no idea what's actually going on.

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Post ID: @fa+1k6btf8jc

@cs Low so top dollar can grow theirs to throw into retirement while the bottom ain't got a thing to look to one day if it ain't their kids. Funny how it goes ain't it?

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Post ID: @ee+1k6btf8jc

Time to give new blood a chance? Well after dumping dead wood (as it is always called), the new staff probable from Pune needs time to adjust to entering data on keyboard and keeping SAPIENCE running with a 9 hour day. So give them a few months to adjust to constant monitoring. And do not mind all that knowledge that was terminated too - far easier to train new staff ain't it? I am old Fiserv from the Yabuki era and it was a FAR better firm back then.

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Post ID: @e3+1k6btf8jc

Based on the lies being posted on LinkedIn, they are blowing some major smoke up the attendees rear-ends.

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Post ID: @d2+1k6btf8jc

@OP The same reason why a snake sheds its skin: allow for growth, remove parasites, replace old and damaged skin.

From observing certain players in my department, I've come to understand why leadership lays off certain people at certain levels every now and then.
People become complacent and keep things stagnant. They kick the can down the road and before you know it, their departments tools and processes are light-years behind other departments and other companies.

Time to give some new blood a chance. Why do you think they're investing in these new hires while simultaneously doing layoffs? Out with the old, inefficient and complacent, and in with the new and motivated at a lower salary.

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Post ID: @cs+1k6btf8jc

AI

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Post ID: @by+1k6btf8jc

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