Thread regarding Global Payments Inc. layoffs

Payroll is getting sold, right?

Am I crazy or does it really seem like the payroll line of business is going to be sold off from GPN?

Reasons I think so:
Cam’s mention of a divestiture in the shareholder conference

Friends in different departments have mentioned reporting requests in line with those prepared for placing a valuation on a company/line of business

Complete lack of Genius re-branding for payroll assets

General weird vibes from teams that work with payroll

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| 761 views | | 1 reply (October 23, 2024) | Reply
Post ID: @OP+1v8TQcDS

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I believe you are correct and that Advance MD is also in the works. Several specific products that dont fall in line with the payments picture are also in line to be cut, which should mean additional layoffs in the very near future. Happy Holidays to us all.

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