Thread regarding Fiserv Inc. layoffs

Former Fiserv CEO named chairman of sports data company

https://biztimes.com/former-fiserv-ceo-named-chairman-of-sports-data-company/

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Post ID: @OP+18OQWmYO

10 replies (most recent on top)

You POS Yabuki

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Post ID: @8per+18OQWmYO

He absolutely is a salesman and a darn good one with exceptional public speaking skills. An innovator and revenue creator not at all.

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Post ID: @6qov+18OQWmYO

I don't think potential employers realize that Jeff is just an accountant or "bean counter". While the increased revenues and stock price under his tenure at Fiserv sounds impressive, he accomplished all of this with accountant tricks: purchase competitors, layoff employees, sell excess real estate, outsource jobs to India, cut employee benefits and plow all the profits and savings into stock buybacks to mechanically increase the stock price, rinse and repeat. Jeff has never been a salesman, entrepreneur, or innovator in his life. Jeff was essentially a corporate raider leveraging Fiserv's large size to deploy his accounting tricks and I don't know how he is going to be successful managing a company that is very small in size in comparison that can't easily be leveraged.

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Post ID: @5mlf+18OQWmYO

Yep, Frank was selected, Jeff was not.

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Post ID: @5amb+18OQWmYO

@2cma+18OQWmYO yeah JY definitely got squeezed out, and FB over took the company. They didn't want to pay two CEO salaries. Like you said get out before they deem your position a duplicate.

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Post ID: @4kdn+18OQWmYO

So the Malibu house got boring that fast?

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Post ID: @3bpm+18OQWmYO

Hopefully this puts to rest those who think he left Fiserv of his own free will. He was pushed aside by the board because Frank made promises. Promises of cost saving, increased revenue and higher stock prices. Promises he will make happen to get his $ before everything tanks and he heads for a new company.

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Post ID: @2cma+18OQWmYO

Piece of dog terd sellout

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Post ID: @1gwp+18OQWmYO

I see real potential here for Jeff - upside all across the income table. He transitioned well from First Data to his new firm and suggest all Fiserv employees do the same thing and get out of town while they can for better positions and careers.

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Post ID: @1nod+18OQWmYO

JY looks like the crypt keeper in that picture

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Post ID: @1ekd+18OQWmYO

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