Thread regarding Fiserv Inc. layoffs

Books

They will write books about how Frank cleaned up the financial mess he inherited. Amazing job so far with more to come #jerseyproud

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Post ID: @OP+1dTvLFLN

10 replies (most recent on top)

It's good to be looking for another gig, but also be sure to coast on Frank's wallet for as long as possible to gain back what he stole over the past year.

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Post ID: @avau+1dTvLFLN

ROFL!!! If franks leadership with FIS is any indication of how fiserv is going to be run then I would HIGHLY recommend that people bail immediately!!

Corporate life is like a tree full of monkeys... Monkeys on the top look down and see nothing but smiling faces. Monkeys on the bottom look up and see nothing but as-----s!

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Post ID: @akiq+1dTvLFLN

WE WORK AND PLAY - A Jeff and Frank Basic Reader

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Post ID: @2eem+1dTvLFLN

I miss Yabuki

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Post ID: @udy+1dTvLFLN

Is this y'alls first time on the internet? Don't feed the trolls.

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Post ID: @uqq+1dTvLFLN

Bingo.. @urq+1dTvLFLN same play book.. and when you run out of money 'merge' rise and repeat..

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Post ID: @qmn+1dTvLFLN

Does the dissenting majority agree these morning posts from Frank/OP's are becoming more delusional and desperate?

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Post ID: @jbl+1dTvLFLN

Speaking of KKR, there has been a book written about them - "Barbarians at the Gate" - in which KKR lead a leveraged buyout, and subsequent dismantling of RJR Nabisco. Interestingly enough, right after they bought RJR, they forced a headquarters relocation to NYC, and shortly after that, they sold-off multiple business units - many to foreign business, and finally laid off a cr@p ton of employees. See any trends here?

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Post ID: @urq+1dTvLFLN

On the other hand, account processing revenues are rather constant regardless of economic conditions, unlike payments processing. Old Fiserv's revenue stream would provide insulation against adverse economic conditions like what affected First Data during the recession of 2008- 2011. BTW KKR dumped in another $3.5b in 2014 after acquiring First Data for $29b in 2005. Fiserv acquired First Data for $22b. At that point KKR owned around 35% after the IPO which came up short to expectations. So yeah, a book probably will get written.

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Post ID: @ocl+1dTvLFLN

Yes! Many books about how Frank cooked the books! I’m sure every one of them will be page-turners just like “The Rise and Fall of Theranos and Elizabeth Holmes”. I can’t wait.

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Post ID: @nrn+1dTvLFLN

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