Thread regarding Fiserv Inc. layoffs

Q3 Earnings Call

What is the consensus amongst associates on Q3 results? How much "spin" was added to the numbers for investors?

by
| 2022 views | | 11 replies (last October 25, 2023) | Reply
Post ID: @OP+1pfG0Muv

11 replies (most recent on top)

My guess is the result of high deconversion fees and cutting positions. Completely unsustainable - cut cut and cut some more. What happens when there is nothing left to cut and no clients to deconvert? Frankenstein doesn’t care - he will be long gone with hundreds of millions of dollars made and there will be a shell of a company left.

by
| | Reply
Post ID: @1wjg+1pfG0Muv

I stopped listening to all of those calls about a year ago. They’re full of lies and don’t add anything to my productivity.

by
| | Reply
Post ID: @1sar+1pfG0Muv

Reminds me of Enron. Every thing looks fantastic until the spin touches reality.

by
| | Reply
Post ID: @1adh+1pfG0Muv

This is not a profit sharing company… earnings mean nothing to me …when I did BUY I lost money…it’s only for the “gifted” shares to the higher level employees who get wealthier…the low levels get nothing..so how/why should we care

by
| | Reply
Post ID: @qhd+1pfG0Muv

Are we still waiting for the CNBC feed? Standby...Are we there? Hello?

by
| | Reply
Post ID: @eqb+1pfG0Muv

Professional tu-d polishers.

by
| | Reply
Post ID: @cea+1pfG0Muv

I believe this is what is called "creative accounting ".

by
| | Reply
Post ID: @zej+1pfG0Muv

Omg so out of touch w reality.

by
| | Reply
Post ID: @bfi+1pfG0Muv

An amazing amount of spin…. our managers have been doom and gloom internally so to hear this is shocking as an internal associate.

by
| | Reply
Post ID: @axq+1pfG0Muv

The figures are at odd with what's going on internally, hence why I ask how much were the figures massaged to make Wall Street happening. I don't buy into the numbers.

by
| | Reply
Post ID: @ncn+1pfG0Muv

I'm so dizzy my head is spinning. Does that give an indication of the BS we heard?

by
| | Reply
Post ID: @mtd+1pfG0Muv

Post a reply

: