Can someone please explain why we have to worry about cuts if this is true: "For 2025, Fiserv expects revenue growth of 10% to 12%. Analysts were calling for growth of about 8%?" What kind of results would it take for us to have even a shred of job security again?
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@fz+1jkjzdbcd This happens with college students at Fiserv. Considering Tiktok Brain is a phenomenon it is close enough.
Just hire some people out of high school. A person with a pulse is a person with a pulse. Totally interchangeable.
HR is daily trying to hire sales people…good luck they either don’t make the cut or quickly quit
KKR demands to be fed
Frankie's going off to destroy social security now... he equates serving a low level bureaucratic agency with his father and uncles actually serving their country and the cult that is his executive leadership regurgitates this sh-t like it is honorable or makes any sense...
Many sensitive Fiserv departments are at risk of complete colapse.
Someone of power really needs to look at the internals.
Don't judge this book by it's cover because it's being gutted from the inside.
Growth from customers paying penalties to get away from Fiserv.
The growth is the anticipated quitting. Not actually growing the company. And if they don’t get enough quitting they will fire enough people to stay under WARN. Plus they count projects on hold as revenue and anticipated deals. Most of which never come to fruition.
Frankie needs to do the layoffs so he can make his wallet fatter.