How do you see this new acquisition by FIS - masterstroke? Do we expect layoffs? Reorg?
3 replies (most recent on top)
Can't believe this was even asked. Of course there's going to be RIFs!
More debt for FIS. Investors should read press releases more carefully.
If I read the very confusing press release correctly this three way transaction won't be completed until next year. The stock price has gone up because this is the new toy of sorts. Quarterly goals still matter. Revenue vs expenses still matter. We already had round one of a substantial RIF. If history serves as a guide round 2 is due before the year end.