Let’s see, Fiserv buys First Date. Then there’s a good old-fashioned coup. The new leadership (FRANK) is a surprise to everyone. There is a slight honeymoon phase before, much like any abusive relationship, the beating begin. Office is closing/opening and they cut down on our benifits. Layoffs with little thought and losing large amounts of knowledge as our customers panic wondering what the h*ll is going on at Frankenserve . Then the Overlords at Fiserv decided to invade our privacy by asking whether we were immunized for Covid or not. Since our company doesn’t care anything about us we all suspected this was potential threat to our livelihood. Then there is this push to force people back into the office. Fiserv rocks, the cradle of the financial industry yet we have people 3 people sharing a desk. Clearly there is no thought put into the crazy changes. All the back and forth would give anyone whiplash.
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Stocks are just mood rings for rich people.
For him it's working.
His pockets are the ones getting bigger!!!!
Clients who are unhappy say they have Franks number. I say call him. I wonder if anyone at the forum really tells him anything. Loss of all the SMES and younger people being hired with no sense of respect or responsibilities.
Yes, that synopsis is pretty spot on. Glad I left.
Dump stock if you have it. Not worth keeping and over valued.
6 months salary may not be enough. Job market is HORRIBLE
Frank getting the top job was no surprise to a) people at First Data, b) the analysts, c) KKR, and d) anyone paying attention. He’s a bully and a thug and everyone should have seen it coming. But like someone said, that’s old history. What’s the future? More pain.
All stocks are. Remember this mother of all bubbles.
@1suv+1uHF2Vy9
The ole pump and dump.
Just ask for volunteers.. 6 mos salary I’d leave today!
All of 2024 has been a result of creative accounting to meet financial guidance. One would think leadership would take the new fiscal year to reset expectations and focus on re-building after a brutal year- just wait until you see their 2025 expectations; more double-digit revenue growth with no increase in expenses. I didn’t think Fiserv was going to be able to keep the illusion going through 2024, but as the saying goes “ The market can stay irrational longer than you can stay solvent”
I’m gonna be honest with you, if most of us were d-mber we would believe the whole “stocks up business is great!” whimsical bs. But uhhh..we work here daily and we can clearly see we are a bag of sh-t on fire in most departments. We are chronically understaffed and yet we are still trying to get the headcount down. Why would a company with record high stock prices have their C suite sweating trying to let people go? Why is that the main stock growth strategy? Are the people at the top really that stupid??? Of course not they are just greedy (more power to them I guess lol). But enough with the smoke up my a-s already jeez it’s kind of getting old.
Anyone who thinks the stock price is high because of Fiserv's performance and innovative is absolutely delusional. Other CEOs also have a large amount of stock invested. They boost/promote the company with vapid things like "most innovative company". Look who are the people who choose and vote for all these accolades.
This house of cards will fall. Trust me
You’re covering stuff from years ago - if even true). Not relevant. What’s spurring the post?
Stock is over $175, clearly is working