3.0
Jun 2, 2023
Former employee
Recommend
CEO approval
Business Outlook
Pros
Acquiring Worldpay was a great strategic move. Large presence in the FinTech space. Good Pay. Are going through a transition and should come out better on the other side.
Cons
Short term focus on stock price pickup could be detrimental on long term. Company is looking to sell itself. The poor integration of Worldpay which will now lead to the company divesting Worldpay and taking a $20B write off. Top down (short term) decision making does not take into account (long term) down stream impacts. 3-4 rounds of cost cutting layoffs are now leading to skilled resources existing and the remaining people are waiting for next round of cuts.