Laid off from Fiserv.

Fiserv cut quietly through a chaotic stretch, its CEO left mid-2025 to run the Social Security Administration, and the clearest public record of its layoffs is a 118-role New Jersey WARN filing in 2026.

At a glance

What's known about Fiserv severance and layoffs

  • 118 roles · Berkeley Heights, New Jersey filing, March 2026
  • One · WARN filings since 2025, our tracker
  • Seven · All-time filings, our tracker
  • $113 million · Severance costs, first half of 2026
  • Over 38,000 · Employees worldwide, end of 2025
  • Bisignano to SSA, Lyons in · CEO change, May 2025
  • Lyons out, Georgakopoulos in · CEO change, June 2026
  • Not published · Individual severance terms

Recent Fiserv layoffs

Fiserv's severance costs reached $113 million by June 2026

Fiserv's August 2026 quarterly release put severance costs at $113 million for the first six months of the year, against $29 million in the same period of 2025, alongside $329 million of One Fiserv transformation expense. The only Fiserv filing in our tracker since the start of 2025 is still the 118 roles at Berkeley Heights, New Jersey in March 2026.

Previous rounds

Fiserv layoff history

Fiserv Solutions filed the notice with New Jersey in March 2026, and the state's own archive lists it in one line, 118 workers at Berkeley Heights with separations dated March 31 to May 31. The site sits at 100 Connell Drive, and reporting on the filing describes it as an operations and innovation hub holding product development and technology work rather than only transaction processing. That row is the only Fiserv layoff our tracker holds since the start of 2025.

The tracker holds seven Fiserv filings all-time. Set that against the company's own annual reports, which counted over 42,000 employees worldwide at the end of 2023 and over 38,000 at the end of 2025. The difference is roughly four thousand people by plain subtraction across two filings, and no announcement on record accounts for it. December 2024 brought the only company-wide reduction carrying a public estimate, when a Wolfe Research analyst put it at between 1,000 and 1,500 people, 2.4% to 3.7% of the workforce, and Fiserv said only that "A limited number of associates are leaving the company for a variety of reasons, including performance." The 118 New Jersey roles are counted separately, in the state's own archive.

The spending shows up in the filings even where the headcount doesn't. Fiserv launched its One Fiserv action plan in the third quarter of 2025, describing it as reengineering the operating model through AI and advanced automation. Its 2025 annual report booked $86 million of transformation cost; its second quarter release this year booked $187 million for the quarter and $329 million for the first six months. Across that same half year the company reported $113 million of severance costs, against $29 million in the first half of 2025. In May 2026 it told investors it had closed two office locations during the first quarter, ended its merchant business in India, and taken out some management layers.

If the Berkeley Heights terminations are covered by New Jersey's WARN law, state law sets a floor under what's owed, separate from whatever Fiserv chose to offer. Those duties attach when a transfer or termination of operations ends the employment of 50 or more people within 30 days, or when an employer conducts a mass layoff, so whether an individual separation sits inside the covered event is the first thing to establish. Where it does, New Jersey requires the employer to pay severance of one week of pay for each full year of employment, calculated at the higher of your average regular rate over your last three years or your final regular rate. If the notice ran shorter than the 90 days the statute requires of employers with 100 or more people, another four weeks are owed on top. The law treats that money as earned in full when the job ends, and it doesn't stack with a company package, so the employer owes whichever amount is greater. That last part is worth reading twice before you sign, because a package that looks generous can turn out to be the statutory amount on company letterhead.

No per-employee terms are on record for any Fiserv round we track, in New Jersey or anywhere else. The one severance arrangement the company has actually filed belongs to a chief executive. When Michael Lyons resigned on June 12, 2026, Fiserv recorded that he'd receive only his accrued unpaid base salary, with no severance payments, no accelerated vesting and no benefits continuation. Takis Georgakopoulos took the job two days later, the second chief executive change in thirteen months, after Frank Bisignano left in May 2025 on his confirmation to run the Social Security Administration. None of that governs your own agreement, which is the document that decides what you actually get. Read it against the state floor first, and if your separation is covered and the package still comes in under a week's pay per full year at the higher of your two rates, that gap is a question about the statute rather than about how your layoff was handled.

Reporting on previous Fiserv layoff rounds

  • March 2026 · 118 positions at Berkeley Heights, New Jersey, with separations dated March 31 to May 31 in the state's own notice archive

  • First quarter 2026 · Two office locations closed, the merchant business in India ended, and some management layers removed, as the company described the quarter to investors in May 2026

  • 2025, the reset · No filings for the year in our tracker, while Fiserv launched its One Fiserv action plan in the third quarter and its chief executive called the October changes a critical and necessary reset

  • December 2024 · A Wolfe Research analyst estimated 1,000 to 1,500 people, 2.4% to 3.7% of the workforce, while Fiserv said only that a limited number of associates were leaving for a variety of reasons including performance

How Fiserv's layoffs compare to other companies

Fiserv's annual filings put its worldwide workforce at over 42,000 at the end of 2023 and over 38,000 at the end of 2025. That difference of roughly four thousand nets hiring, acquisitions, divestitures and departures of every kind, so no part of it can be read as a layoff count. Our tracker holds one Fiserv filing across 2025 and 2026 together. At a company spread this wide, notice data and headcount answer different questions.

What to do after being laid off from Fiserv

  1. File for unemployment in the state where you worked. Benefits run from your filing date, and severance usually doesn't block you. Fiserv's biggest hubs: New Jersey, Wisconsin, Georgia, Florida. Somewhere else? Every state is here.
  2. Apply for financial and hardship assistance. Unemployment supplements income, but food benefits, health coverage and utility help are often available as well. Here's some of what Fiserv's hub states run: New Jersey, Wisconsin, Georgia, Florida, and every other state is here.
  3. Mind the health insurance window. Losing coverage opens a 60-day special enrollment period, and an ACA plan usually beats unsubsidized COBRA. Compare your options before the employer coverage lapses, and read how the COBRA clocks run if you are weighing it seriously.
  4. Get your real runway number. Severance plus savings divided by reality. The calculator takes five minutes.
  5. Know which clocks are already running. Severance review windows, COBRA election, visa grace periods, and 401(k) rollovers all run on federal deadlines that started at termination. All five deadlines are here.

Fiserv layoff and severance questions

What severance does Fiserv pay in layoffs?

Fiserv hasn't published per-employee severance terms for any round on record, including the 2026 Berkeley Heights filing. What it does disclose is the aggregate, $113 million of severance costs in the first six months of 2026 against $29 million a year earlier. The document that decides your number is your own agreement, and in New Jersey the state's severance rule sets the minimum that agreement has to beat.

Is Fiserv doing large layoffs?

One large filing sits in our tracker for 2025 and 2026 together, the 118 roles in New Jersey in March 2026, out of seven Fiserv filings all-time. The one company-wide reduction carrying a public number, in December 2024, was a Wolfe Research estimate of 1,000 to 1,500 people rather than a company figure, and it produced no filing in our tracker. Separately, Fiserv's annual reports counted over 42,000 employees worldwide at the end of 2023 and over 38,000 at the end of 2025, a change that nets every kind of arrival and departure rather than counting layoffs.

Where do I file for unemployment after a Fiserv layoff?

Our New Jersey pages carry that state's unemployment rules and filing steps, and they're linked from this page. New Jersey is where the March 2026 round sits, 118 roles at Berkeley Heights. Fiserv's 2025 annual report also names campuses in Florida, Georgia, Nebraska and Wisconsin, so if your job sat at one of those, that state's page is the one to open.

Does Fiserv have to pay severance for the New Jersey layoffs?

For a covered layoff, yes. New Jersey's WARN law sets a severance minimum tied to length of service, one week's pay per full year, calculated at the higher of your average regular rate over your last three years or your final regular rate. Four more weeks are owed if the notice ran shorter than the 90 days the statute requires. The law treats that money as earned in full when the job ends, and it doesn't stack with a company package, so the employer owes whichever amount is greater.

Did Fiserv close offices in 2026?

The company told investors in May 2026 that it had closed two office locations during the first quarter, ended its merchant business in India, and taken out some management layers. Fiserv's 2025 annual report still describes campus locations in Florida, Georgia, Nebraska, New Jersey, Wisconsin and Dublin, Ireland. Which two sites closed goes unnamed in the reporting we track.

Where do I file for unemployment after being laid off from Fiserv?

In the state where you worked, not where the company is headquartered. Fiserv's biggest U.S. hubs are New Jersey, Wisconsin, Georgia, Florida. Severance usually doesn't block you from filing, and benefits run from your filing date, so file the same week.

Is it OK to file for unemployment after a layoff at Fiserv?

Yes. Unemployment insurance is funded by payroll taxes employers pay on wages, the claim never appears on credit reports or background checks, and future employers cannot see it. If the hesitation itself is the obstacle, whether filing is OK has its own article.

What happens to my health insurance after a layoff at Fiserv?

Your plan sets the end date rather than the law, so the separation packet is where that date actually lives, and it is often the last day of the month rather than your last day of work. After coverage ends, COBRA lets you keep the identical plan by paying the whole premium yourself, up to 102 percent of what the plan really costs, which lands as several times the payroll deduction you were used to. You get 60 days to elect, counted from the later of coverage ending or the election notice arriving, and electing reaches the coverage back to the day the old plan stopped so no gap exists. How continuation coverage works walks the timing, and whether to take it rather than a marketplace plan is a separate decision.

Should I sign the severance agreement right away?

First pin down how much review time you actually have. If you're 40 or older, federal law gives you 21 days to consider an agreement that waives age claims, 45 in a group layoff, and a waiver signed under a shorter deadline can be invalid. If you're under 40, no federal window applies and the deadline in your packet may be real, so confirm it in writing and ask for more time if you need it. Use whatever window you have to read the release terms, especially non-disparagement and no-lawsuit clauses, and don't stall past a real deadline, because offers can be withdrawn.

Can I collect unemployment if I got severance from Fiserv?

Usually yes, though some states delay benefits until severance pay periods end, and lump sums are treated differently than salary continuation. Check your state's rules on our state benefit pages, and file immediately either way so your claim date is locked in.