Thread regarding Fiserv Inc. layoffs

FB Signs 4 Year Contract with Fiserv

https://finance.yahoo.com/news/fiserv-enters-contract-frank-bisignano-213300449.html

BROOKFIELD, Wis., December 21, 2022--Fiserv has entered into a new employment agreement with Frank Bisignano to serve as President and Chief Executive Officer ...

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| 3141 views | | 28 replies (last December 29, 2022) | Reply
Post ID: @OP+1kihcQ82

28 replies (most recent on top)

This is beyond a slap in the face to all of the Fiserv ‘Associates’. Maybe we need to MarketBasket his a**. Google Marketbasket history.

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Post ID: @8tub+1kihcQ82

So does this mean we have four more years of Frank trying to pedal that garbage POS clover machine?

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Post ID: @6tbt+1kihcQ82

No words. This is unbelievable 🤦‍♀️😭🏃‍♀️💨🔥⬇️🕋😈

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Post ID: @5yua+1kihcQ82

We’re screwed

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Post ID: @2nuh+1kihcQ82

Wonder what his signing bonus was? Probably about the offset of the thousands of people he t-boned with layoffs this year. All that money he "saved" just lined his own pockets.

I'd feel bad for the couple of shills tasked to post sunshine and rainbows here, if I didn't think some of that "saved" money was spilling over to them too.

Just remember, come this spring when we are all basking in the glory of our 1-2% "raises" these with all the money our execs saved they'll be buying yachts and laughing all the way to the bank.

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Post ID: @2eac+1kihcQ82

Sorry, y’all!

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Post ID: @2zpr+1kihcQ82

A loss of leadership at this point would have been tragic. Nice work by the board to provide much needed stability

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Post ID: @2vow+1kihcQ82

If anyone was holding out hope for change, you just got your answer...

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Post ID: @2xjz+1kihcQ82

Marie Antoinette continues her reign over the people of France, oh wait I mean Fiserv.

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Post ID: @2ipq+1kihcQ82

Hey Frank, put me on a four year contract. I’d sign it in a heartbeat. And sleep better at night.

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Post ID: @2ujp+1kihcQ82

So 4 more years of running this company into the ground.

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Post ID: @1nrr+1kihcQ82

Great leadership in place for years to come !!! Let’s launch that rocket !!!

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Post ID: @1jik+1kihcQ82

Those of you who remain will get to see Frank unrestrained — like we did in OFD when he was first brought on.

Buckle up because if you thought things have been bad this past year, it’s going to get a whole lot worse.

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Post ID: @1crn+1kihcQ82

Remember folks the great wisdom of Mel Brooks: It's good to be the king.

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Post ID: @1uhd+1kihcQ82

Wonderful news, well deserved. Look at the facts Fiserv thriving FiS and Gloval not so much!

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Post ID: @1wti+1kihcQ82

I’m so glad I’m getting out at the end of the year.

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Post ID: @1bii+1kihcQ82

So glad I left this year. My new employer likes me and I them. Even got a bonus this year. Cash, not some stock that may or may not best before they lay you off or try to make you move to someplace you don’t want to be.

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Post ID: @1jzk+1kihcQ82

"The new contract also includes a variety of governance enhancements to more closely align with market standards."

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Post ID: @1zzu+1kihcQ82

Egad!

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Post ID: @1fly+1kihcQ82

When you’re the Chairman and CEO you get to pick your successor even if it’s you.

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Post ID: @1lbn+1kihcQ82

The ship had hit the iceberg and was already sinking. Now we just found out there's not enough lifeboats for everyone on board.

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Post ID: @1qfp+1kihcQ82

This is depressing news.

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Post ID: @1esg+1kihcQ82

President, CEO, and Chairman of the Board? Lol, he's the Putin of Fintech.

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Post ID: @1dxz+1kihcQ82

Well, guess it helps the CEO get a contract when he's also head of the BOD. Talk about a conflict of interests!

I agree with the comments below. This is gross. And serves as the death knell for any hope to right this sinking ship.

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Post ID: @1ffc+1kihcQ82

5 years not 4, you can't even get that right! 22 to 27, congrats Frank well deserved!

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Post ID: @1tmo+1kihcQ82

Done and bye. For anyone with Pollyanna dreams of FB early retirement and return to sanity.

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Post ID: @1wsb+1kihcQ82

This marks the official final nail in the coffin of Fiserv. Worst CEO in Fiserv history and they give him a content extension, what a joke.

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Post ID: @1rtx+1kihcQ82

gross.

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Post ID: @ryy+1kihcQ82

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