Most of the people I talk to think that Fiserv is too big to fail. I don't think so. I bet people thought the same thing about Enron, Blackberry and Sears, and look where they are now. I honestly think that with this leadership Fiserv is headed toward a similar fate. Am I alone in thinking this?
11 replies (most recent on top)
Fiserv is not as big as you think, actually they have to shrink in order to make earnings each quarter but have not come out with an honest size of their company in how many years?!? Today the market showed it was keen this. Adios as Fiserv said to their Costa Rica offices.
Nothing screams rocket quite like having the same stock price that you had three years ago. All investors love flat investments. They are like IBonds after you adjust for inflation.
Big corporations always have a future because they'll just get bailed out by big daddy government. Feds print trillions and hand them out to companies.
They are currently into a death spiral and they will die sooner than later.
https://www.thelayoff.com/post/@fdg+1jnen2mV
Troll- we can do math. Fiserv annual revenue pre-merger 4.5 billion. First Data annual revenue pre-merger 12 billion. Total new company revenue 16.5 billion. You can’t add one to the other and call it growth.
Old Fiserv 3-4% grower, $6B in Rev
New Fiserv 11% grower, $17B in Rev
Facts are facts! Read it and weep to the naysayers.
Fiserv exists as a utility for its clients. Like water, gas, and electricity. No client is waiting for the next software release or shiny new gadget. Clients expect the systems to be up and running when they need them. The only way to make more money is to get more clients. It is possible that has come to an end. Now what? Reduce costs going into the upcoming recession. Sell off pieces of the business that aren’t what you actually do for a living. Try to survive or get swallowed up. The latter wouldn’t be bad.
Doesn’t matter. Moved on elsewhere, sold off the stock I had accumulated. Moved my retirement back to vanguard.
All better now was a nice time but didn’t last long enough. FD came around and drilled it into the ground.
Agreed, all the years spent building, acquiring, integrating will all be sold off till you have just a payments company. Sounds like creating another First Data?
Too big to fail as a company. But already failed as far as employees and growth is concerned
Too big to fail , but chunks will be sold off.