Thread regarding Global Payments Inc. layoffs

If GP does get bought...what actually may happen?

Employee - Individual Contributor - Not based in the US - Do not have any stocks

What would actually happen to day to day if this happened?
How long would it take to go through?
Assume there would be cuts (when is there not)? I feel my area could be cut as AI seems to be taking over everything in this silly company.
Would a layoff be better now or post buying if it happens?
Is there any benefit of staying through this?


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| 59 views | | 5 replies (last 3 hours ago) | Reply
Post ID: @OP+1m6en2wcz

5 replies (most recent on top)

@OP négociations were cancelled today Nov.12th.
GP won’t be bought in the near future.
On the New-York stock market, GPN lost nearly 12 % of value.

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Post ID: @1re+1m6en2wcz

It was the first question asked by an analyst when they opened the floor for questions on the earnings call. Was pretty much immediately shut down with a very canned standard “we understand the need to ask the question, but we cannot comment on ongoing negotiations and our focus is to be the worldwide partner of choice for all things payments” It’s at around the 26.5 minute mark on the recording.

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Post ID: @sx+1m6en2wcz

Also seems very specific to call out Thursday or Friday. Earnings is this week but nothing along the lines of a statement. Maybe though, who knows

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Post ID: @ae+1m6en2wcz

@OP your question will be answered on this Thursday or Friday ...

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Post ID: @a9+1m6en2wcz

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