Thread regarding Fiserv Inc. layoffs

Innovation

Fiserv and FD have only ever known innovation through acquisitions. The problem with this approach is that they do not know how to do anything other than completely destroy the cultures of the companies they acquire, which results in an exodus of talent. This results in those recently-acquired products eventually becoming difficult to support, let alone expand upon. If the company had instead chosen to nurture its acquisitions and ensure that the teams which they had acquired were happy here, the innovation-through-acquisition approach may have gone better for them. Unfortunately, our leadership team doesn't know how to run a company for any purpose other than bleeding it dry.

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