Elavon in Europe going through another round of cuts. Multiple areas in all countries. Just as they took over multiple jobs from the US.
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The Elavon leadership team leaves much to be desired with a number of significant departures, replaced by people who are not payments experienced in an ultra competitive payments space, why U.S. Bank has not spun off Elavon rather than driving it into the ground is beyond the comprehension of most analysts and most of the payments industry observers