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Focus on being the payment processor not the software provider

It amazes me how many d-mb decisions those above me in leadership make. They call in multiple 3rd party companies to direct them when they have thousands of people who have worked hand in hand with clients everyday for multiple decades and know what they want.

Investing in a POS solution wasn't Genius at all. Global put it's self in a market that immediately made all of your biggest partners leave because you are now the competitor.... Instead of increasing what was huge partnerships to just handle the payment processing. Both Tsys, Heartland, and Global all had 1000s of large partners and the companys were profitable but Global blindly decides to disrupt its own base and wonder why they are going broke... Get back to the foundations and focus on being the best payment processor and partner. You cannot compete in a software world where anyone can build their own POS now. Focus on being the payment partner of choice for every software.


Perella Weinberg Partners Lays Off Dozens, Including Partners

Perella Weinberg Partners announced layoffs in late May 2026. About sixty to seventy people were affected, including twelve partners. The company's first-quarter revenue and earnings fell below analyst expectations. Its strong energy investment banking sector experienced a significant decline in transactions. Management framed these reductions as strategic, not due to AI efficiency.

https://unitewithpriti.co.uk/news/perella-weinberg-layoffs-signal-something-bigger-than-a-bad-quarter/


Watch out for large Indirect take overs

Why are partners like Victra hiring a bunch of former Verizon people?

Are they getting ready to take over more than just retail stores?

Will they also be opening their own contact centers to manage the customers they activate and support?

All interesting potential moves that show you the possible work being done and fast.


HP/Poly

HP/Poly is undergoing a significant restructuring, resulting in extensive layoffs that notably affect senior and higher-compensated roles. This strategic shift carries a substantial risk of eroding trust with key customers, partners, and channel stakeholders, potentially impacting Poly's market position and service delivery.