With the pending recession Frank will have all the leverage. He will say jump, you will say how high sir? Going to be a heck of a lot less astronauts as well. Going to be work time folks. In the end, this will drive large value to fiserv loyal shareholders
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"I'll just leave" best response ever!
Funny how other companies take different approaches:
https://nypost.com/2022/05/16/microsoft-doubles-budget-for-employee-salaries-to-address-inflation-retain-talent/
Fiserv CEOs are always doing a rain dance in the executive suite as an offering for bad news in the economy so they can have a pretext to lay people off, cut benefits, or close a business unit. Fiserv relies on long-term contracts so there is little immediate sting of a bad economy on the bottom line while all the triaging is wonderful for the bottom line.
Well that Lincoln meeting with Frank will be “happy”. …then on to Omaha in the afternoon
The CEO is headed to LNK this week to discuss migrating the location.
Is it difficult to hire during a hot job market? Are you counting on a recession to finally fill some roles? What if it doesn't come? You've already tried nothing. What else is there?
Oh stop being so dramatic. It's not the only company in the world. It's just a fu----g job.
I'll just leave.
"With the pending recession Frank will do more layoffs."
FTFY