I know of two team meetings scheduled for today were canceled. Not rescheduled. Also as stated above there were alot of closed doors today. Strange for a Friday. Have a great weekend all!
Is this true?
This round is called project ivy. Next round in July is called project kite. Will also have one in Sept and November Is this accurate? Where in the world is this info coming from, if so? Am I missing something?
No layoffs today
From what I understand, there was no continuation of layoffs today. Does that mean it's over and I don't have to worry about it spilling into the next week?
Upcoming layoffs across FIS
This is going to be a larger one affecting most teams. I’ve heard somewhere between 5-10% across the company. And its going to be quick, should be done by end of June.
More Layoffs for the End of May
There are more layoffs going on this week. Know of several across both Banking and Capital Markets that have been let go today.
Bunch of India employees let go
The company laid off a bunch of employees from Indian call center as the client said the quality is terrible and apparently they did some shady tactics to avoid work. Hopefully that will spark a thought in their brains
GPN - issuing acquisition how does this change things around here?
How do you see this new acquisition by FIS - masterstroke? Do we expect layoffs? Reorg?
New strategy of shutting down products?
Thankfully, I work for a very mouthy SVP who can’t keep secrets. He said he got a document from one of John Durant’s direct that came from Stephanie that says the new strategy is to reduce the number of product lines Some of it talks about merging... — read more
At least it's over
Another layoff cycle passed and I’m grateful to still be here, even though I know more is on the way down the line. At least there’s relief in this temporary stability. It’s remarkable how normalized these cuts have become compared to a decade ago... — read more
Big RIF happening today in Jax
Rumors started yesterday Lots of people leaving quietly with their stuff today. Jacksonville Florida.
Capital Markets merger with Banking
They are in the process of merging capital markets division with banking. Why? Same reason Stephanie does anything. Boost the stock price of course. Capital Markets grows at a much higher rate than banking so it would look better if she merged... — read more
Hired remote but company wide RTO coming?
I was hired as remote but there has been mentions of those of us within a certain mile amount to an office will be required to come in. Anyone know anything about this?
Stock price dropping
Today's earnings call today was brutal. Currently down -17% I'm not sure James Kehoe knows how to deliver messages to investors. Going out of his way to highlight weaknesses. At one point he mentioned we should be "withholding payments to vendors"... — read more
FNIS Layoffs 2025
This is a master thread about FNIS layoffs? Any chatter, news or rumors?
All of Finance And Accounting Will Be Without a Job in 2025
All Finance and Accounting roles will be moved over to Accenture by end of 2025. They are purposely eliminating roles to save a few bucks. This company makes me sick.
Age discrimination
The majority of people who were let go were in their late 40s at best, but more often in their 50s and 60s. The most experienced folks. How is this okay? I know there are laws that say age discrimination is not okay. I don't understand how the... — read more
Layoffs currently underway
Another round of layoffs have started today, seems like they're still not done with it and will continue for another day or two.
Accounting/finance are cooked
oh no, Stephanie and company can't make that extra million dollars they hoped for... better let go of literally half of accounting and finance! surely this won't be totally devastating for our measly peasants. they don't like, have lives... right?
PIP
Has anyone survived a PIP at this place or elsewhere? Advice for the call with HR?
huge one incoming
The huge jobs reduction to be announced
Being Looked At? Does this happen?
I have a colleague that is checking up on me several times per day asking questions about what I’m doing and especially at night . The bothersome thing is sometimes I’m starting to feel baited to voice my frustrations or talk bad about the company ... — read more
Any updates?
Anyone know when the next round is?
Get fit? PIP?
A family member of mine was told she's now on some "get fit" plan..and if she doesnt pass, will be on PIP. I assume this is just a heads up she's losing her job (side note, its very odd since she surpassed her goals last year and was never given a... — read more
More layoff
I was laid off today along with more people on my dept apparently more lay off are being expected, I knew right away since I got a meeting called “ quick connect” as soon as I saw Hr on that meeting the cut us off right away at least they did offer... — read more
More coming
I have it on good authority that more layoffs are coming for FIS this year and that lists of people are already circulating
Unused PTO
Does FIS pay for unused PTO days if you are let go?
Severance Package for Layoffs
Does FIS offer a Severance Package for Layoffs? I didn't see anything about it in the Employee Manual.
Significant Layoffs Today
There were a significant number of people laid off today in multiple areas. I am not aware of the extent.
FNIS Layoffs 2024
This is a generic discussion thread to capture comments about potential FNIS layoffs? Any chatter, news or rumors?
Is it now over?
Or can we expect a continuation after Thanksgiving?
Layoff Season
Ongoing layoffs hitting hard across the company. Rumored to be 40%
Is there a company that defecates more on its employees?
Times get tough and one of the first things they do is put the screws to the little guy. When is the last time the peons got a raise? Look at what they did to the ESPP match. And spouses are not permitted to have coverage on the cafeteria health... — read more
Layoffs in October
Large round of layoffs coming in October. Be prepared.
The test
Rumors in this thread are on point. The test came via Corp Comms. A non anonymous survey testing people on PE ratio and profit drivers?
More layoffs... Aug 23/24
The rumors of an August rif sound real. Hearing August 23/24 but don't know anything else. Love the email about future forward success knowing more layoffs are coming.
Dumpster Fire
Amazing the shareholder value destroyed by the past two CEOs ---$18B and counting.