Thread regarding Global Payments Inc. layoffs

Poorly run company

Stock has went nowhere for years. Poor acquisitions in recent years. Incompetent upper mgmt!!!

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| 5755 views | | 21 replies (last August 13) | Reply
Post ID: @OP+1k082vdz9

21 replies (most recent on top)

@4cb you cannot be serious.

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Post ID: @4ce+1k082vdz9

@439 thats what they always say before it happens, champ ; )

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Post ID: @4cb+1k082vdz9

@42d Good luck hun. Will never happen. :-)

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Post ID: @439+1k082vdz9

@425 nah we will just unionize the company instead, thanks though

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Post ID: @42d+1k082vdz9

@3e0, Very true. Most people are just looking for something to complain about. Business is business. If you're not on board, you are free to leave.

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Post ID: @425+1k082vdz9

Maybe you guys should find a website for bootlickers where you can talk about how much you love the company.

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Post ID: @41b+1k082vdz9

This company is run like any other. Go elsewhere if you have convictions to leave. Simple as that.

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Post ID: @3e0+1k082vdz9

@1mn which division you belong to GP I mean like heartland tsys or other?

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Post ID: @2k2+1k082vdz9

My VP is more transparent than probably corporate would like. We were told in our last town hall that layoffs will indeed take place in the fall. This is on par with last year as my department lost several people including management in Oct 2024. My point is always expect it, it’s never over.

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Post ID: @1mn+1k082vdz9

@1eh https://www.ft.com/content/07ed4eab-99b0-4c90-b47e-7bf0970a0fb5

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Post ID: @1gw+1k082vdz9

@18g who or what is Elliott and what i.this grab your referring to? I must have missed that completely.

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Post ID: @1eh+1k082vdz9

@18g You can literally just check the Worldwide Operations emails that get sent out, the management team regularly shares photos of themselves having lunches and dinners with teams across the globe.

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Post ID: @1c3+1k082vdz9

@18g Ryan Loy and co

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Post ID: @1b5+1k082vdz9

“Has went”??? Glad you’re not responsible for writing marketing copy.

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Post ID: @18k+1k082vdz9

@131
Who? Who is taking what jet to Europe for the summer? That sounds fabricated.
The Elliot grab almost definitely will create layoffs, which exec management will have almost zero say about. Stock price stable for the last week since Elliott was announced - it’s not known what their demands are or what they have planned at this point, but they are certainly known for leaving destruction in their wake in order to raise the stock price. Effectively a coup de état. Ba-f.

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Post ID: @18g+1k082vdz9

@17x I have also heard thru the grapevine about this happening in the mentioned time frame. Unsure of where the layoffs will be taking place. Anyone out there that has heard anything more?

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Post ID: @18c+1k082vdz9

@j3 how do we know there will be more layoffs in Sept/Oct? Is this just a guess based on pattern or is it happening for sure?

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Post ID: @17x+1k082vdz9

Only essential travel and expenses but the execs are taking the jets to Europe for the summer. You could not make it up.

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Post ID: @131+1k082vdz9

Agree 100%. Honestly glad I'm one of the ones headed to FIS. Hopefully they'll do a better job with us. Fingers crossed the deal goes thru. I'll be glad to drop the "A Global Payments Company" tag from my email signature.

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Post ID: @113+1k082vdz9

Yes the next round of layoffs is scheduled for Sept/Oct

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Post ID: @j3+1k082vdz9

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