Fiserv in Talks to Sell Non-Core Businesses and Restructure
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Reported on November 3, 2026, Fiserv is in talks with multiple potential buyers to sell some non-core business assets, but the scale of revenue involved in these assets cannot currently be estimated. The company is also advancing a restructuring, raising its cost-savings target from $500 million to $1 billion. The restructuring plan has already resulted in the layoffs of 3,000 contractors and employees. Fiserv’s third-quarter net loss was close to $6 billion, while revenue fell 1% year over year to $5.2 billion, including a $6.45 billion non-cash goodwill impairment related to the restructuring.
AI-written from reports · updated 2 hours ago
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- Payments DiveFiserv in Talks with Potential Buyers to Sell Non-Core Business Assets
Fiserv is in talks with multiple parties to sell some non-core business assets, but it is not yet possible to estimate the related revenue; the company raised its cost-savings target from $500 million to $1 billion. The restructuring plan has cut 3,000 contractors and employees; third-quarter net losses were nearly $6 billion, while revenue fell 1% year over year to $5.2 billion, including a $6.45 billion non-cash goodwill impairment related to the restructuring.
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