Earnings fell short, stock dipped 10%
10 replies (most recent on top)
Frank's kiss ups are very much still in charge - the head of Bank and Credit Union are BFFs with Frank and JG! They are both in regular contact - ask anyone and both freely brag about it. So do not be fooled that Frankie is still running the show. The only fools that do not know they put Frank's people in charge are Mike and Divta. Stellar work!
@gx DW the one and only! Failing forward over and over!
@gf are you referring to DW?
counterpart in credit union… he is horrid in the core role and we gave him another job to destroy?? Unbelievable and decision!!!!! Lets see if we can find him first! Failing upwards!!!
@a2 Bingo!! She has SVPs here that have done nothing in original Fiserv - what a joke! and then brought in more SVPs that know nothing on FIG.
@a8 Job Cuts need to start at SVP level. Like yesterday. What the he k are we doing hiring all these SVPS!?! Omg
The bad news is substantial. Financial Solutions down 6% in organic revenue. Fiserv needs a medium term recovery plan. I’d expect some aggressive job cuts for sure now.
Only if Dhivya can focus on Revenue!!
A swing and a miss. Let’s bring more SVPs in. Maybe that will help.
Time to spend 10X on AI!