Jana states that incorporating Palantir would increase accountability and lower vendor spending to ensure a larger portion of the savings reaches the bottom line. The proposal would more than double the original cost reduction goals established by Fiserv.
Tuesday, October 20, 2026
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Jana Urges Fiserv to Raise Cost Cuts to $1.3B and Hire Palantir
Business22 days ago
A push for efficiency gains at Fiserv has been launched by activist investor Jana Partners to fundamentally change how the company manages its expenses. The firm wants the payments provider to expand the targets of its Project Elevate initiative to approximately $1.25 billion and engage Palantir to accelerate a technology overhaul and the retirement of legacy systems.
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