Thread regarding Fiserv Inc. layoffs

Action speaks!

I’ve been on this site just reading how terrible the ceo of fiserv is. Upon doing my research he is also a member of the board, which makes this post a little more troublesome but makes sense why his decisions, even if it’s cost Fiserv millions of throw away money by closing buildings or laying off original fiserv employees are being made and executed. Will posting on this site contribute to change or sending a letter to the board of directors? Let’s communicate this is to the people who need to know. I found this email address in their site: investor.relations@fiserv.com

Open to any other ways to get the message across.

Let them know why you feel like FB shouldn’t be CEO. Maybe past experiences, the layoffs with no business continuity, or the fact that people don’t have no tenured teams to go to. I am sure there are other reasons, but the power is in the numbers. Last time I heard FB speak he blamed turnover on VIRTUAL or remote hires, but we all know that is not the truth. Maybe just maybe a decision will be made to kick him out.

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| 1982 views | | 4 replies (last October 6, 2022) | Reply
Post ID: @OP+1j3VyCBm

4 replies (most recent on top)

FB touts that our clients are the most important thing, but he slashes the staff and expertise supporting them at every turn. Fiserv employees that are left pay the price trying to float this sinking ship and support our clients that we’ve built relationships with like they should be. Quit sinking the company Frank

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Post ID: @1oqn+1j3VyCBm

Frank gets two votes. Tough to pass anything he is against.

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Post ID: @glb+1j3VyCBm

That plan might work elsewhere, but as long as KKR is pleased, FB stays. As dramatic as the reports are here, it manifests as a series of small cuts across the enterprise. Yes, combined they will weaken and damage the company, but will not "ki-l" it. The enterprise will be kept barely alive, infused by the next acquisition which can be milked. It's hard to face the reality, but it's playing out in the open in real time. The sentiments of associates wanting to save the company are admirable, but misplaced in reality I fear. Sending emails in to investor relations will just get you a canned #fiservproud response.

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Post ID: @fuc+1j3VyCBm

Unfortunately I believe that only failing #’s and lost clients will get the boards attention at this point. Which is so very sad but that is where we are heading with very few referencable clients left.

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Post ID: @avv+1j3VyCBm

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