Thread regarding Fiserv Inc. layoffs

@m8 the 60 for 6 posters are for sure trolling

I find it beyond comical that on this board people are saying 60 for 6 and that the effort needs to be pushed by the employees but not leadership. Employees have been worked into the dirt, are constantly looking over their shoulder because of Sapience, badge tracking, etc., and here we are talking nonsense about a STRONGER effort needed. That type of culture can only be distributed from the top. Yeah Mikey Mike can preach it but if he doesn't have the management team actively working at this with their teams why would employees bother? They know Fiserv is a revolving door, you could be doing everything right and still when cuts need to be made they'll find a reason even if you're a 60 for 6 die hard. Get a grip, go touch some grass, and accept that while you are employed at Fiserv you'll be nothing more than a lowly FiServant.

completely wasted the acquisition of checkfree, a powerhouse of growth allowed to whither and decay

Spin off Clover and FDR.
Get Fiservs cash back!!!!
FDR and the sickness that came along with it needs to be purged!!!!!
Cut out the cancer now!!!!

@bw Fiserv bought Clover in a time the engineers and most employees didn't need regular overtime or rto to beat expectations. We used to have pride in what we built.

Fast forward a few years after the 60 and 6 mid manager nimrods got brought in after the buyout... there's zero chance you possibly have an idea what technical excellence or a good product development looks if you started at Fiserv.

@bp+1ka34xtab

The talent left. You had a meeting with who remained. This is what you were warned would happen.

only the unmotivated consider 60 for 6 to be stupid. a strong effort is needed right now

that's not good, clover is our future, all of our other stuff is mainframe batch stuff

I was in a meeting yesterday and some of this ‘talent’ that we think we need and America has a lack of actually needs to be micromanaged every second. Like babysitting 4 year old kids. It’s appalling.

@be Don't you worry they can keep hiring for cheaper.

First it was use H1B and outsource to pressure more work for everyone including H1B. Then it is hire people below yesterdays market rate after a corporate layoff epidemic. Then it is hire your own employees with no benefits.

Next it is continue that cycle and say stupid sh-t like 60 for 6. Surely leading to innovation, market dominance and loyal employees long term!

@a3 The leaders are clueless. They laid off or let all the institutional knowledge walk out the door. Never hired replacements or had knowledge transfer process. Just because one has a title and decrees some aggressive plan it ain’t going to be done. Way too many people promoted to positions they are totally unprepared for. The Strategy seems to be to push everything to the point of failure and then blame the rank and file. Employees have zero motivation. Raises have not kept up with inflation. Nepotism is rampant!

If true, the stock price!

It definitely seems to be a cultural thing at Fiserv, as I have witnessed this in other departments. Everything is rush, rush, rush. No one wants to pause and put deep thought and planning and testing into things. That mentality has now come back to haunt us.