Fiserv is cutting 3,000 jobs: what is the impact on your team?

According to Reuters and other reports, Fiserv is eliminating 3,000 employee and contractor roles as part of an efficiency drive under its new chief executive. What's been reported so far:• The cuts affect both employees and contractors.• The layoffs are tied to a savings target that has been doubled to $1 billion.• The move is being led by the newly appointed CEO. If you work at Fiserv, we'd like to hear:• What have you heard from managers or HR about the timeline and criteria for the cuts?• How is your team handling the reduced headcount and workload changes?• Are employees receiving severance or support, and are people looking for new opportunities within or outside Fiserv? This thread was started by the Know The Boss team from news reports. Sources:Reuters, "Fiserv cuts 3,000 employees and contractor jobs under new CEO": news.google.com ↗Traders Union, "Fiserv cuts jobs as efficiency drive expands savings target": news.google.com ↗hrsea.economictimes.indiatimes.com, "Fiserv cuts 3,000 jobs as it doubles savings target to $1 billion": news.google.com ↗HR Katha, "Fiserv cuts 3,000 employee and contractor roles under new CEO": news.google.com ↗

Know The Boss team · 1h ago