Fiserv Inc relocated its headquarters to downtown Milwaukee, bringing a significant boost to the local economy.
The move created over 3,000 jobs in the area, providing opportunities for residents and contributing to the city's growth.
Fiserv Inc's decision to relocate its headquarters to downtown Milwaukee was a strategic one, allowing the company to be at the heart of the financial industry.
Fiserv Headquarters
Fiserv Headquarters is located in Brookfield, Wisconsin. It's a beautiful area with plenty of opportunities for outdoor activities.
The headquarters is situated on a 130-acre campus, which is a significant size. Fiserv has invested heavily in this campus to create a unique and collaborative work environment.
Fiserv has a long history in Brookfield, dating back to 1984 when it was founded by Leslie M. Sims. The company has grown significantly since then.
Company Overview
Fiserv Inc is a leading provider of financial technology solutions. The company offers a wide range of products and services, including account processing, digital banking, card issuer processing, and network services.
Fiserv's financial performance is impressive, with a 12.4% increase in net income to $481 million in the third quarter of 2022. The company generated revenue of $4.5 billion during the same period.
Fiserv's headquarters will be located in Milwaukee, where the company will create a dynamic hub of collaboration and innovation. This new headquarters will bring Fiserv's people together in an inspiring workplace to drive career growth and energizing experiences.
The company's investment in its new global headquarters will also have a positive impact on the downtown Milwaukee community. Fiserv aims to be a force for good and grow its presence in the area.
Relocation and Employees
Fiserv's new headquarters is moving downtown, a move that will bring over 750 employees to the area. This is a significant development for the city, as it will bring new energy and activity to the downtown area.
The parking structure on the block bounded by Wisconsin, Michigan, Phillips, and 5th will be upgraded as part of the relocation. A portion of the parking structure was converted to a rooftop deck, but it's not clear if this will be used by Fiserv employees.
Fiserv's move to downtown is expected to attract "young, diverse" workers, according to a statement made by the company. This could be a boon for the local economy and help to revitalize the downtown area.
Some employees may be hesitant to move downtown, as it will mean giving up a house with a yard and garage for a concrete and steel condo. Others may see it as an opportunity to live in a vibrant and walkable neighborhood.
Here are some key facts about Fiserv's relocation and employees:
- Over 750 employees will be moving to the new downtown headquarters.
- The parking structure on the block bounded by Wisconsin, Michigan, Phillips, and 5th will be upgraded.
- Fiserv's move is expected to attract "young, diverse" workers.
Frequently Asked Questions
What companies are owned by Fiserv?
Fiserv owns 14 companies across various industries, including technology, finance, and education. The companies include CardConnect, Jerome Group LLC, TASQ Technology, Concord Corporate Services Inc, and Merchant Solutions International.
Sources
- https://investors.fiserv.com/news-events/press-releases/detail/49/fiserv-unveils-new-global-headquarters-in-downtown-milwaukee
- https://www.jsonline.com/story/money/real-estate/commercial/2022/10/27/fiserv-inc-moving-headquarters-to-downtown-milwaukee/69593620007/
- https://urbanmilwaukee.com/2022/10/27/fiserv-moving-headquarters-downtown/
- https://www.milwaukeemag.com/fiserv-inc-is-moving-its-headquarters-downtown/
- https://dailyreporter.com/2022/10/27/fiserv-opens-global-headquarters-in-downtown-milwaukee/
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