Are we going to see similar restructuring here shortly?
10 replies (most recent on top)
@hz It does not. People who are more efficient are more efficient. Inefficient and unresourceful people who use AI are liabilities. You aren't special for using AI in 2026.
AI is making companies more efficient so basically a team of 10 will only need 3 to complete their work and/or handle customer related issues. Couple that with a product that lacks customization and more out of the box, 50%+ of job migration to smelly mahdurchod India so yes Fiserv will have more rounds of layoffs.
It means Block is not making or growing their top line and don't have any better ideas.
@cj he-l yeah! More fiserv totties would be awesome!
Fiserv should show their ti-s
Leader here … yes there will sadly
@OP DOES FISERV OWN BLOCK???????????
EXACTLY.
DANG, YOU CAN'T EVEN THINK FOR YOURSELF AND READ WITH COMPREHENSION.
Who cares. Do your best to control what you can. Plan for a rainy day. But don't get complacent and depend on Fiserv for anything either.
Frank didn’t need an excuse to cut thousands of people.
It’s already happening. It’s not being discussed openly.