Founder, Goodall Research. Capital, the people behind it & the companies it moves. New: Layoff Desk ↓ I watch which corporate narratives are about to break.
$FI Fiserv stated that 3,000 employee and contractor jobs were gone since June, senior management cut more than 10%.
They just doubled the savings target to $1B, and the stock jumped 9.5% premarket.
Wall Street is paying for headcount cuts. Expect more job cuts.