Thread regarding Global Payments Inc. layoffs

@yw just gonna make sh-t up, huh? Everyone is already worried enough, so this comment makes you an a--hole

@cz if you are US based and an FTE you are on the list

@ts what part of the company?

Execs will be enjoying the fourth on their respective boats while others will be trying to put on a good face for their families knowing what’s happening. American spirit.

Well happy Tuesday. Today my manager finally gave me some insight and suggested I bring home some of my belongings. Writings on the wall peeps. I will apparently have official notice next week.

Thanks for ruining the weekend a--holes.

@qa Believe me. We all knew it was all bull. Troy Woods sold us out to line his pockets. Merger of equals. Right.

@ah
That's exactly what they said about TSYS when GP acquired TSYS. Keep a bunch of the acquired org senior leadership so as not to frighten the TSYS chickens while they decided what to services to keep, get rid of the existing GP management that (as they see it) are too disruptive, told us the the way TSYS managed it staff was better so they are doing the same. Gave TSYS people a false sense of security, when all along they Just wanted Sierra/TSYS Merchant customers. Off loaded Issuing as soon as they could get away with, as they could not asset strip that in the same why they have done with other acquired customer.

It was all a load of bull ... this is too.

@ey fair point, but it’s been that way well before the headcounts have been cut.

@cw …or maybe no one has time to document anything because of how lean they are. That’s certainly what I’m seeing. You cut heads then something has to give.

@cw That was supposed to be one of the main purposes of the Transformation, but none of our systems were actually consolidated. Not sure what McKinsey actually did other than cause waves for two years.

If you are having new faces physically come to your office next week you are on the chopping block. If you work in developement and are not in an office or do not love over seas youare on the chopping block. If you are a csm or support leader based in the U.S you are on the chopping block. If you are considered operations and U.S based. You have been on the chopping block and will continue to be. IC classified employees, training, repair technicians are in this round as well. Many cuts are being made based on salaries. If you make above 85k or have bonuses, you are on the block. Good luck to all of us over this next week.

@bb multiple efforts are underway to finally combine and demise many legacy systems——the problem always ends up being that the experts of the system have no documented procedures and hoard the institutional knowledge for nothing else besides their own job security.

@am It is. I'm part of a team which was originally part of a company bought out by TSYS. Our team is now very small due to people leaving and their roles not being backfilled, and we've been fully remote since the start of the COVID outbreak.

We're officially Global Payments employees, but it feels more like a "ghost team" of sorts. Our manager is based in a different city. No one provides us with any process updates. I can't really remember the last time we had a team meeting. We have little to no contact with any people outside of our own team. I do kind of enjoy if personally, because when a corporation operates this poorly I prefer to simply be left alone, but I also recognize that it's one of many very obvious signs of the widespread dysfunction within the organization. The left hand doesn't know what the right hand is doing.

@av It's hard not to when all of the systems used by the legacy companies don't 'touch'. It's like asking why an anglerfish doesn't consider itself a bird. It's never seen the sky, and the birds have never been to the depths. GP hasn't really invested anything into making services mesh, they just kind of absorbed those businesses and systems to cut down on competitors and funnel profits derived from them up to the GP C-suite. If customers get mixed up between services, everyone's fu---d... which is honestly why the "everything is being called GP now despite being still COMPLETELY seperated" isn't helping.

@am it does seem dysfunctional doesn’t it? Unfortunately it’s true. Heartland folks still look at themselves as Heartland.TSYS is the same. The list goes on with the smaller ones.

@ah I could not believe that GP had basically no consolidation efforts and operated as an umbrella with all their acquisitions. Seems insanely dysfunctional

WP people know what they are doing and have a true culture. IMHO they are chosing WP over GP because the overall GP organization lacks cohesion, with teams operating in isolation under legacy frameworks and they are very resistant to changing or adapting.

Problem with your theory: the majority of layoffs are GP and GP owned subsidiaries. Majority of WP is staying intact and have taken over most (not all) senior leaderhip positions

History repeats itself.