stock is at $58, at what point do people realize extra effort is required to dig out of this. even 1 weekend a month would be a huge help to turn this thing around. let's go !!!!
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@be Lot of the burger flipper mentality at Fiserv that is how
Yeah, you can’t pay employees a partly 3% raise and expect them to work weekends. That’s a dream come true. Leadership is terrible, and that’s the main problem. The stock was never worth over $200 to begin with; it was overinflated.
Fiserv is a good buy right now, it can’t go much lower and likely to increase. Not in the triple digit growth, but likely double digit per quarter. That being said, we won’t see any changes until the rudderless ship has someone start steering. Too many meek SVPs too terrified to make a decision and no clear direction (like an ACTUAL plan) coming Mike and friends. Cut the VP and up numbers in half, promote your top 20% of managers to directors and fire you bottom 10%. Identify your top 50% bottom level works and double their merit increase from last year. The bottom 50% go on a PIP and we seriously consider dropping half of those bottom 50. Fiserv layoff have hurt because they were don’t by blindly throwing at a dart board, but we all know Fiserv itself is over bloated and poorly managed. We can get meaner and focus on real work and actually see progress. Not by working ourselves ragged for 60 hours a week, but by being smart and holding junior AND seniors accountable.
Poster right. $240 some years ago. Wow!!! What a rocket ride eh chilly
Not anyone's fault but your own for not selling all your stock in 2024.
How did you not know the price was being propped up by bullsh-t?
How does working more hours or days fix anything? We’re not a manufacturer pumping out goods. We’re at best a utility, like gas and electric. Our clients come to work, flip on the switch and expect our systems to be up and running so that they can do their business.
The business isn't growing as explosively as projected but the core financials have hardly shifted since it was a $240 stock. The only thing that's changed is the amount of fraud the CEO is willing to commit. There really isn't a reason to panic about share price, the business is still doing well with high free cash flow.
i work 7 days a week, why don't you try that
Why don't you accept a demotion so you can stop being a manager and start working 60 hours per week? Afraid of getting your hands dirty? Maybe you should be a manager for 40 hours, then work 20 hours per week actually doing work?
Broken leadership that is left over from FRANK!!!!!! Kick them out!
Especially Webster!!! We can’t miss that deadline!!!! :)
How does that fix the broken leadership and processes here?