https://www.paymentsdive.com/news/fiserv-new-jersey-berkeley-heights-jobs-cuts-tax-incentives
9 replies (most recent on top)
Same question for the Omaha and Lincoln locations?
Maybe more than one company exists in the world?
How do you get over 150,000 participants in 58 countries to answer surveys son employee satisfaction if Fiserv only has 36,000 employees in 50 countries? Funny mob math
# of employees certification? Very easy, you are dealing with NYC mafia! Just go back few days and read the time magazine piece- they interviewed 150,000 Fiserv employees to come up with Fiserv a good place to work. 150k employees? I forgot we are McDonald’s!!!!
This mafia will cook ant books and do whatever it takes for a good image or a tax break!
The math is horrible, but what do you expect? Frank is used to “manage” a $16 to $22 per share stock company. We know it has nothing to do with better together, he has no problem messing up your family for a tax break, I am confident he will not meet the tax break for 7 years. Net net, even with the potential tax credit, he is losing.
Finally, he could have earned that tax credit by 10x, investing in Employees and in turn customers will open their check book.
Happy employees translate to happy customers. Where is the Fiserv leadership? It is no longer about employees satisfactions, innovation , revenue generation, but only monitoring states with tax credits.
$16M a year in tax credits over 7 years but we must spend $105M in renovations? Where’s accounting when we need them? Speak up.
Doesn't add up....Fiserv is spending more than what they would get in tax credits.
Over 109 million in state tax credits, but how much have they paid out in severance, relocation costs and building remodel.
I guess that explains 1101: 2024 RIFs class