Fintech News Singapore

Fiserv Job Cuts Reach 3,000 as Savings Target Doubles to US$1 Billion

Fiserv has cut 3,000 employee and contractor jobs since June, Reuters reported. Chief Executive Takis Georgakopoulos disclosed the Fiserv job cuts during the company’s earnings call on Tuesday, noting that they included a reduction of more than 10% in senior management. Fiserv’s shares gained around 9.5% in premarket trading that day. The payments company employed [...] The post Fiserv Job Cuts Reach 3,000 as Savings Target Doubles to US$1 Billion appeared first on Fintech Singapore.

By Fintech News Singapore

1 min read
Fiserv Job Cuts Reach 3,000 as Savings Target Doubles to US$1 Billion
AI-generated illustration

Got news to share with the events industry?

Submit a press release or story tip and reach thousands of event professionals.

Get in touch→

More in Fintech & Digital Payments

Related Insights