Good job Frank and executives, way to take a great company and absolutely drive it into the ground. Why did the board ever hire this guy? He was a failure at First Data and brought his failures to Fiserv. He is an mo--n, a selfish person, and... — read more
Back in the day 2012
I worked for Fiserv in 2011 and 2012. We were trying to merge platforms. What a nightmare. At the time they didn't believe in Project Managers (maybe that's not a bad thing). But it was total chaos. I have no idea about the outcome. But it was just... — read more
Mike some advice on Adam Rosman. Fire him immediately.
As you are making personnel decisions you should know that he must go. He was Frank's lawyer for a decade with a one year break when he was picked second to the Fiserv lawyer. Think about it, he has been at every advance meeting of earnings as the... — read more
Just knew...
You just knew that when Frank got in there, he was going to f*ck up SS and it was going to cost all of us.
smart
the talented leaders left in 2019/2020 and made bank at other companies. the current group went along with the plans that just sank the company and much of that equity has evaporated
MAKE AI MANAGERS
Best use of AI
Fiserv Needs To Fire All Middle Managers
These Managers provide conflicting directions which they don't even understand and are USELESS......waste of space. Fiserv needs workers.
The Fiserv Forum
...this year will be moved from Vegas to the Kensington neighborhood in Philly.
fiserv forum
hope everyone enjoyed that party. there won't be money for those types of things in the future #fiservproud
Fiserv's former CEO left the fintech company in crisis.
https://www.morningstar.com/news/marketwatch/20251029375/fiservs-former-ceo-left-the-fintech-company-in-crisis-trump-put-him-in-charge-of-social-security
Hey Bob!
Bye, Felicia…
"You just got fiserv'd"
https://removepaywalls.com/https://www.ft.com/content/075e268d-1ec9-47e0-bd78-dec2d9f95004
Rememeber Franco sent Joey "shorty" Plumeri around in 2015 to tell us all how stupid we were?
Is Joey available to go tell Frank he is a fraud and low life parasite? I remember Frank on the all hands calls in 2014-15 saying he was a real estate guy and did not know much about payments. That was probably the most honest thing I ever heard... — read more
Fiserv flames are hitting hard at clover
Merchant Solutions grew 5% for the quarter, with small business organic revenue growth at 6% and Clover revenue up 26%. SaaS penetration in Clover reached 26%. Gutted the clover like anything still performing better than actual $FI. Clover... — read more
Disgusted and frustrated EVPs and SVPs. Please chime in and help your hard working associates
Please please chime in and share some info here. When is the next big RIF that we will bombarded with while the mafia Frankenstein and his minion gang will savor an expensive drink over the rocks in their mansions watching associates and their... — read more
I want Bisignano and his minions imprisoned
So the bottom has finally fallen out, huh?! The smoke has dissipated and the mirrors shattered. The Bisignano scam has been exposed. Now shareholders are left to hold the bag?l. All those ppl whose compensation was tied to stock shares. Sc--wed... — read more
Why are posts being deleted?
Anyone knows? I posted a completely benign post and it got nuked? Why are they doing this?
took awhile
but karma finally came thru
STAGE AN EMPLOYEE 1 HOUR WALKOUT IN PROTEST
You folks that are still there need to make a statement to these senior staff and the Board of Directors that its time for a change. No more 1% annual raises, 'bonuses' paid in wealk declining stock vesting over years, 401K match suppresion, 401K... — read more
Chairello, Foskett, and the regional heads in Europe and APAC (IVO) should be fired
These folks are dishonest, incopetent, unethical liars and holdovers from Franco's reign of cronysim, and engaged in years of damaging self promotion and suppression of knowledgeable talented senior staff who knew better. Mike needs to move... — read more
Friendly reminder that executive salaries are public information
Top executive compensation Frank J. Bisignano (Chairman and CEO): Total compensation of $23,774,483. Michael P. Lyons (Chief Executive Officer): An annual base salary of $1,300,000, with the potential for increases. Guy Chiarello (Chief Operating... — read more
Thoughts…
Damn I knew I should have gone into medicine 😂
On the Way Down
Since posts are being taken down I have no issue putting them back up. Bobby H loves licking corporate boots so much that I hope he'll enjoy it just as much when those same boots are the ones kicking him out lmaooo. Tough day being a FiServant... — read more
will there be
class action lawsuits due to the nature of previous financial reporting?
AI tools and innovation
with the latest AI tools, people can develop a payments application in 10 minutes... How do they explain having so many people in the office 24 x7 , and supporting old terrible products for years. any logical explanation? They block all these AI... — read more
taking now messages
someone is taking down all messages ,any idea whom?
Fiserv is "a dog with fleas"
https://www.wsj.com/business/c-suite/fiserv-erases-30-billion-in-market-value-after-new-ceo-pulls-guidance-63c8ba9f?st=erghX1&reflink=desktopwebshare_permalink
What a mess.
Congratulations leadership team! You’ve wiped out 7 years of growth in 2 quarters - but don’t fear…This new leadership team will bring it back - even though they haven’t got the first clue how to address the complexities of the various acquisitions... — read more
Warning Sign for US Citizens
The collapse of Fiserv should be a warning sign for every US citizen. The executive branch of the US Government is operating in the same way as Fiserv...even some of the same players are involved. The outcome will be the same. Find a safe haven for... — read more
micromanagement, no innovation, in person cr-p
Micromanagement, no innovation in person 5 days 9 hours, for what? for the stock to drop 50%! even now they didn't learn anything, we were told not to day trade in the office. work on innovation , learn from paypal. just silos, too much process for... — read more
migrations
are not new sales, repeat after me, migrations are not new sales :-)
Stock is down another 40%
Is this what Mike and the Board were expecting? And what is with moving back to the NASDAQ - feels like Mike is listening to Jeff Yabuki - "low single digit revenue grower and a durable company".
this is what happens
when all of the A players are gone and you're left with the C players
For Fiserv to do better we need to clean the work culture first.
Rehaul of management, not just top level, but middle management as well. There are so many dept with a high turn over rate and that's not just a legal liability but also affects our products, ethics and the workers motivation. The best indicator... — read more
Maybe this is the result…
Maybe the finance companies should stop buying tech companies and trying to make them run like finance companies. 🤷♂️
Damn...
Soooo...is this a good indicator of a big layoff?
Who’s taking bets?
What are the chances that if earnings don’t go well on Wednesday, they won’t do the standard all-hands call (like the cowards didn’t in Q2). I guess It’s too hard to fellate each other on stage when your incompetence is laid out in black and white... — read more
Merchant Solutions
what is going on? is there a big layoff coming?
Started lexapro until new role available
I’m trying to quit but can’t find anything and have kids to feed. I’ve been applying daily but the anxiety and depression from work daily is ki-ling my drive. I literally got divorced year 3 working here because it was affecting our romance and I... — read more