Why do some think that this is the only way to fix this company? I don't agree.
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Because at this point it’s a broken shell of an organization. Fiserv will NOT exist in its current form for much longer. It’s patently obvious to anyone with any emotion that most associates are too exhausted and far gone for this current set of leadership to right the ship. Too much trust has been lost between the company and the humans that work here.
I expect the business units and/or products will be lobbed off and sold piecemeal. I would bet really good money that DNA is being prepped to be offloaded.
Because the alternative is replacing every person in a leadership position at Fiserv.
I think what people have said is that they expect the sale of pieces of the business, not the whole thing. FB loves Clover and it’s not a secret that the acquiring business makes more money. Selling the issuing and banking businesses or portions thereof gets some debt paid off, gives him working capital, and oh - a huge bonus.