#finance

Is it possible? When do you think it will happen?

DOW is recovering. FISERV is not. Glad I’m out of my position (both the job and the stock).

260 euros to 175 new target. That is a huge reduction!!!! Why?

https://finance.yahoo.com/markets/stocks/articles/jpmorgan-cuts-sap-neutral-cloud-085540218.html

Lots of freed up $$$ to teach Citi how to restructure and fire people.

Any word on the next date for JE’s?

anyone knows

Thoughts on the wealth solutions restructure?

Who keeps/holds Fiserv stock?

Public service announcement - if you were laid off in 2025, you should still receive the company 401k match. It was contributed to accounts on March 13, 2026. Check your 401k accounts to confirm. Also, if you were contributing to the Citi company stock fund through the 401k, you should still be able to vote for shareholder resolutions related to the annual stockholder meeting held during the 2nd quarter, so keep an eye out for that proxy communication.

Curious to here if anyone knows what percentage of actual roles will be replaced with AI here at T. Everyone knows swe positions will be consolidated but what about other roles . Anyone have any stories of it haopening

Hey anyone who retired last year and eligible for 2025 bonus...did you get paid today and if yes, was it mailed or direct deposit?

with the 15th being a holiday will they sell on 3/16 or 3/13

Hearing to 15 bucks a share

I have a concern regarding the tentative agreement in the Northeast.
I realize we paid a heavy price in 1989 and, as a result of that sacrifice, were able to keep essentially cost-free medical benefits for the next two-and-a-half decades.
However, uncertain economic times in 2016 resulted in us, fairly or not, shouldering more of the burden, not only the men and women that had 20, 25, 30, 35... years on the job under their belt already, but also the retirees now had to unexpectedly pony up and adjust to this new and unexpected financial burden on a fixed income based on earlier reasonable expectations and assumptions, if I understand correctly.
I am now hearing murmurings about about retiree healthcare skyrocketing, from, say, $60 a month to 10X that amount, $600 a month, for example. I hope these rumors are wrong and that I am needlessly worrying about something that will never come to be.
Are there any guarantees built into this new tentative agreement that shield both our current retirees, as well as those that will eventually be joining their ranks, from the future uncertainty of exorbitant increases that will make affordability a larger hurdle, if not an impossibility, for the elderly who served their union and their company well?

How do we keep haw a declining stock prices. All my ESPP is worth nothing. Putting money on my bank account at 0% would be worth more

Finance is now a complete joke. Management does not know the inefficiency of these endless forecasts, scorecards, and endless requests on a daily basis. This new op model is half baked at best. They know not, nor care about the chaos they created and how much work it will take us to unravel and produce these on a regular basis. F it. F them. F this new op model. Whether or not this sh-t show is by design to make us quit is irrelevant. It is completely unsustainable and we will be forced to quit for our own sanity. Most of our time is spent trying to get clarity and not on value added work. What a waste of time. People at the top should be held accountable.

AT&T Debt 2013:
Long-Term Debt (End of 2013): Approximately $69.29 billion.
Total Liabilities (2013): The company had a substantially lower debt burden compared to the post-acquisition peaks

AT&T Debt 2026 (Projected/Early 2026 Data):
Total Debt (End of 2025/Early 2026): $136.1 billion.
Net Debt (End of 2025): $117.4 billion.

So the brain trust didn't hand in their homework and asked for an extension to file their year end numbers. I'm sure the numbers are great, and they didn;t lie through their teeth on the earnings call.

Does anyone know where to find our bonus payslip for this Friday? I’d like to see the actual amount and there’s nothing on Workday - of course.

https://finance.yahoo.com/news/reddit-still-furious-t-47-125619599.html

If you’re in tech all is not lost, gloom and doom and all that jazz. There are other companies out there outside of finance and banking that also use AD, exchange, sharepoint, SQL, firewalls, linux, unix, routers, switches, vm’s etc….

Citi is not the only company on the planet that ever uses these things.
Finance is not the only sector on the planet that ever uses these things.

Expand your job search as this ship is sinking. It’s always mystified me that people will job search with only the big banks and call it a day, “there’s nothing out there and I know that as I searched the big 3 banks and didn’t find anything. No use to look any further elsewhere. I guess I’m just stuck at Citi.”

Block initiated layoffs affecting its workforce. Sixty-one Colorado jobs were specifically cut. These reductions are attributed to AI-driven automation. The company is also laying off thousands nationwide. Block predicts this trend is the start of a larger wave of automation layoffs.

https://www.bizjournals.com/denver/news/2026/02/27/tech-layoffs-impact-denver-employees.html

Anyone want to guess?

https://www.dailymail.co.uk/yourmoney/article-15597141/jack-dorsey-block-layoffs-ai.html

"Jack Dorsey has axed thousands of workers at Block, the parent company of Cash App, Square and Afterpay, in a move signaling a major shift toward artificial intelligence.

In a note to staff, Dorsey explained that Block would be taking on risk by investing in 'intelligence tools,' as the company cut more than 4,000 employees on Thursday:

• "today we're making one of the hardest decisions in the history of our company: we're reducing our organization by nearly half, from over 10,000 people to just under 6,000. that means over 4,000 of you are being asked to leave or entering into consultation. i'll be straight about what's happening, why, and what it means for everyone."

The company said workers affected by the layoffs will receive 20 weeks of pay, in addition to an extra week's salary for every year they worked at the company.

Those let go will also keep their corporate devices, receive stock benefits through the end of May, six months of health coverage, and a $5,000 payment to help them through the transition.

Employees outside the US will be offered similar packages, though details will vary by country, the statement said.

All employees were told they would be informed the same day whether they were being laid off, entering consultation, or keeping their jobs.

Block's shares surged 24 percent following the announcement of the layoffs, according to CNN."

Are we going to see similar restructuring here shortly?

Without the buyback, it would be even lower than it is

Between the all time high stock price in late 2021 and now, NKE value dilution is nearing half a trillion.

Why are we holding on to our CFO?

https://seekingalpha.com/news/4556964-citigroup-forms-team-to-finance-ai-infrastructure-bo-m

Lend money to companies that make no money. What could go wrong?

"Skyworks Solutions (SWKS) faces challenges with declining revenue and rising costs" (correct) "but is still positioned to benefit from the growing demand in the radio frequency industry" (really?)
The stock performance speaks for itself, two losers don't make a winner, do they?
https://finance.yahoo.com/quote/SWKS/

It’s time Dell stock becomes what it is. Bag holder stock

Part of the 12/19 group.

Of course once it's deposited in my TOD acct isn't thousands lower....smh.

Anyone else?

All of them are 2x income and in better financial condition. Karma got me on this one. My50% bonus no bueno.

"Our multi-factor analysis indicates that the time to sell FISV stock might be approaching. We maintain a generally negative outlook on the stock, and a price of $43 could be feasible. We believe there is a near-equal balance of positives and negatives in FISV stock considering its overall Moderate operating performance and financial health. Therefore, despite its Low valuation, this contributes to the perception of the stock as Risky.".......Forbes

Look out below. Market has lost faith in Arvind and Jim's financial engineering shenanigans.

I like how the bank sits on our money earning interest for a week prior to paying it out. Should be criminal.

Finance ops has an external job posting for a credit and collections analyst. Really? Just months after layoffs? The job description says to resolve billing and payment disputes. Can this not be done by AI or competent management? Does the executive leadership not have any prior operations experience that got this approved? Vz needs efficiency and value. Not more inefficient army building with overlap and chaos which directly caused the need for layoffs in the first place. Does Dan know people are posting external manual processing roles just months after layoffs???

Can these retired financial guys manage a telecommunications company?