Thread regarding Fiserv Inc. layoffs

@j6 That is certainly a possibility. I will make sure to check when I get back home!

Did the "60 for 6" guy evolve into this chump lmao. Fiserv must've brought in a gourmet chef for corporate boots to taste this good

@f1 we're hemorrhaging merchants, my guy. If it isn't from sh---y rates to periodic review setting reserves to withhold funds, you bet your a-s that clients are migrating away from Fiserv.

HRHV and Risk Monitoring are partly to blame for merchants fleeing Fiserv.

@j1 OOOHHHH! “I’m just here for the comments.”

Take a look at your oven clock. It’s still an hour behind.

I'm just here for the comments.

Honestly it is probably a 20 something that thinks he actually has a good job and might make a career at Fiserv. Wake up buddy, they don't care about you. I had 15 bosses in 15 years.

Fiserv continues to violently collapse as its executives post AI nonsense on this forum. Sad company.

@fw OHHHH! “The Sopranos su-ks,” from a guy posting anonymous threats about FBI computer searches on a layoff board.

You hate your job, you hate the show, and you’re still here arguing with a chatbot at nine o’clock at night. Who do you think’s keeping your household in Butter Brickle while you conduct cyber investigations from the break room?

And my teeth are askew? Take a look at your life. It’s sitting at three o’clock.

The Sopranos su-ks and the OP needs an FBI computer search sitting in mommy’s basement with his teeth askew.

@ev OHHH! “Rumors are circulating.” What is this, CNBC or the ladies’ room at Vesuvio?

You got one department, three merchant migrations, and suddenly you’re Nostradamus. Then every criticism somehow ends with a soft landing for Lyons. The concern, the loyalty, the lingering affection... we may have another Vito situation here.

Takis hasn’t proven anything yet. Fair. But Animal Lyons already proved plenty.

Bring numbers next time, not pillow talk.

OP, Takis didn't restore sh-t. He hasn't proven anything.

Rumors are circulating that our upcoming financials for the last quarter are not good. We are seeing a steady uptick of migrations in my department and seeing even fewer new merchants onboarding. Fiserv is too expensive in the acquirer space. Clover is a drain on the company. They just don't want to admit that it.

I'd be more worried about that than anything. When you lose merchants in both the enterprise and SMB space , you're kinda sc--wed. We are not competitive on price and haven't been before FB left

Leadership stability is important, but in this case it's not the problem. The leadership is bailing on the organization, yes, but the real issue is deeper. The "trenches" where the work gets done is the failed story of Fiserv. The worker bees are treated like gnats, poorly rewarded. Rank & File morale has been tanking since the bailout of First Data. Came in with massive debt, replaced every level with FD yes men. Ripped and replaced working platforms with FD systems. You reap what you sow.

I’ll tell you what happened. That animal Lyons, I can’t even say his name, took a perfectly respectable company and put four bad quarters into it without any provocation whatsoever. Shareholder value, my kid brother Billy, whatever dignity this stock had left, gone.

And now this glorified crew of Lyons apologists wants to lecture everybody about peer performance and patience. Five anonymous posters, three recycled talking points, and not a coherent business thesis among them. The New York families had more structure.

“The whole market was up.” Very observant. Next you’ll tell us water is wet and the stock market has other companies in it. Nobody said the road was finished. We said the car finally stopped driving toward the guardrail after Animal Lyons got out from behind the wheel.

As for “celebrate when it gets back to where it was before Frank sc--wed it over,” that is precisely the point, Professor. Takis inherited the body, the bloodstains, and the missing shareholder value. Nobody expects him to clean up the entire crime scene before lunch.

Too early to celebrate? Fine. But it’s never too early to recognize that the previous regime was a disgrace, and it’s certainly never too early to mock the glorified crew still defending it.

My kid brother Billy was 47 years old. He was just a kid. And this stock had its whole life ahead of it.

@bj Every other “stunad” posts. You’re not even coherent. D Minus for your trolling.

The whole market was up. Fiserv performance was still lagging peers yesterday. Too early to celebrate. It will be a long road.

This is 1000% rage bait 😂 “stock is back above Lyons departure price” HAHAHAHAHA start celebrating when it is back to what it was before Frank sc--wed it over.

@bj "...Now go sit at twelve o’clock. You’re askew." .... Pardon me while I steal this line..... That classy 'read' hunny! Yyyaaaaaasssss!

Closed at 54.21 today. Up by 1.90. About to buy me a steak for dinner! 🙄

You came to a layoff rumor board to discuss investments.

Maybe go to Burger King and order some spaghetti to make yourself feel better.

Did you know that a company can shrink while the numbers on the 10-K increase? The trick is to get customers to pay the cancellation fees to get out of contracts early. The 10-K will show increasing revenue but number of customers will decrease.

I'm not a shareholder. I sold my shares when I saw how the company was doing business. Maybe your thesis will pay off, and the new leadership will change those behaviors I disagreed with. The CEO has changed twice since I sold.

Clearly Frank’s team is behind this post. They must be nervous.

@bh OHHHH! You blow your father with that mouth?

Imagine complaining about repetition while contributing nothing but the same tired AI accusation every other stunad posts when the facts get too difficult. Maybe worry less about my opening line and more about developing one of your own.

Now go sit at twelve o’clock. You’re askew.

Every post starts with “Let me tell you a couple of three things” and makes us wish you’d stopped at zero.

Twenty years following this company, I wanted competent leadership. I compromised. I watched Lyons turn execution into excuses and shareholder value into a missing-person report.

I wanted accountability. I compromised. I read posts from layabouts explaining that the stock collapse was actually misunderstood genius, that the numbers needed more time, and that anybody looking at the chart was being unfair.

I wanted financial analysis. I compromised. I got unemployed management consultants studying em dashes, defending failed executives, and predicting bankruptcy from a folding chair in their mother’s basement while investment-grade creditors were handing Fiserv money.

Now Takis comes in, starts restoring discipline, confidence, and some dignity to the operation, and suddenly these people discover caution. “It’s too early.” “We need more data.” “The stock hasn’t recovered enough.”

Where was this patience when Lyons was driving the company into the guardrail?

Let me tell you a couple of three things. There are no misunderstood geniuses in my scrapbook. The stock got hit, Lyons was in charge, and no amount of corporate fan fiction changes the timeline.

Takis has work to do. Nobody disputes that. But at least the seat is finally being put back at twelve o’clock.

As for the Lyons defense league, my estimation of them as businessmen just plummeted. They wanted facts. They compromised. They developed a personal relationship with excuses.

I wouldn't want @as on my team. I'll take a real person over a fake d!ck head any day.

@am Interesting. You’re studying another man’s punctuation that closely? Counting his dashes, examining his sentence structure, wondering what tools he uses late at night?

I’m not saying anything. Maybe it’s the blood-pressure medication. But this sudden fascination with my formatting? We may have another Vito situation on our hands.

Anyway, the em dashes were investment grade. Your bankruptcy analysis wasn’t.

@a7 Did you just put all your eggs into Fiserv? Baa2? More like “bahhaha -bahhaha-2

@a7 You might want to filter out those em dashes next time you decide to use AI to formulate a response.

@a6 Let me tell you a couple of three things. Fiserv just sold €1 billion of debt, S&P rated the notes BBB, and Moody’s has the company at Baa2—both investment grade.

Meanwhile, Professor Bankruptcy over here sees a stock trading in the fifties and decides Chapter 11 is coming next year. Based on what—the vibes? A bad dream? Some numbers you found written on the back of a Satriale’s napkin?

You don’t have a bankruptcy thesis. You have a price target, a thesaurus, and the business judgment of a lawn chair. The professionals who actually examine the balance sheet are lending Fiserv money through 2034, while you’re announcing its funeral from the comments section.

Frankly, my estimation of you as a financial analyst just plummeted. Next time you predict an implosion, bring some credit analysis—or at least ask someone to explain what “investment grade” means.

The stock will waver between $48 and $60 for the next year or so and then the company will implode into bankruptcy.

Something’s off with these posts. They feel off-kilter.

The facts are sitting at twelve o’clock, but you spreadsheet civilians are twisted sideways in the seat, insisting Lyons did a wonderful job. The stock got wrecked, shareholder value went through a major collision, and now Takis is finally taking it to the body shop.

But somehow, according to the nerds on here, the real problem is the people noticing the damage from Lyons. Frankly, this is unacceptable. Call me when your analysis is sitting straight.

@a2 Let me tell you a couple of three things: I said the stock is heading back toward the level it was at before Lyons left—I didn’t say Takis performed the miracle of the loaves and fishes overnight. Way too early? Maybe. But after Lyons steering the ship into an iceberg, recognizing a change in direction doesn’t require a semester at Seton Hall. The timeline got sc--wed up in your head, not mine.

Way too early to know any of what you are saying. The stock price isn't close to what it was? I am not understanding what you are saying.