Lots of understandable emotion on this site but let’s be real. Fiserv acquired the company I worked for. Fiserv was awesome on financial discipline and better than we were. That’s big, but culturally they were a train wreck. It went from poor performers get fired to anyone for no reason gets fired. But people stayed because we were printing money with increased stock price. Then first data buys fiserv and it’s the same culture but the financial discipline is now gone. Now it’s just a boys club with no plan. And the stock reflects the clowns in charge. The quality people are gone. Fiserv has one good pump and dump left though, then it’s over. Make some cash if you can. But don’t over think it, this is one last shot to time the market for cash, nothing else
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Dead wrong. Culturally they let people wfh and actually believed in work life balance and communication from execs. Fd wants you working 50 plus hour weeks and for c-ap pay
Fiserv bought First Data, so they told us, but First Data is running the show. Good Fiserv people are leaving because in just a year Fiserv only exists by name.
Eh - didn't Fiserv buy First Data? And it was a far better company than you indicate, and of course there were issues as with any firm. But firings are awful, many with no reason to be dismissed other than Sapience numbers and quota. Whole departments are wiped. So don't be so nasty on Fiserv.
Great post. On point. The sinking canoe has just sprung another leak.