"We did not let people go this year, other than we hired thousands of people in new locations, and other people didn’t move,” Frank Bisignano said Friday.
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Well, sure, they didn't fire anyone.
Just eliminated their positions.
So Fiserv has fired/laid off/got rid of/we don’t want you anymore roughly 19% of its employees over the last year. That is fact. I’ve seen and counted the terminations.
Frank can spout all the lies he is used to doing but the actual working employees know better.
Word Salad…
FB and FrankServ management have stuck to their 44,000 number for years, not the 35,000 number posted on Workday (internal headcount ya know). They have never backed off that and are riding the rocket just to line their pockets and leave. That is classic KKR management style. So he can lie and Cramer will never pick him up on it nor the media. Stock is $99.99 today so has some distance to go to rocket up to $200 as the shill said. (Or $145 which was forecast about a year ago). But FB believes the essential truth of "the people in their primitive simplicity will more easily believe a big lie than a small one." You might look up who said that.
i'd lie with darling
Is his statement even coherent? He makes English teachers everywhere cringe.
FB makes ridiculous statements. This seems similar to the Southwest Airlines debacle. The house of cards will come tumbling down C-suite fail