Just under 100 were let go.

This year, merit-based salary increases are being capped at just 3% - and that’s reserved for top performers. For most employees, raises will fall between 0% and 2%. With inflation, rising living costs, and growing expectations around fair... — read more 

Last week there were over 25 from compensation cut. Over 50 in staffing/ recruiting cut. Over 150 from HR cut. Expect "delayering" in sales to be the next wave.

I've been here 3 years and over it but don't know how I can keep the same pay if I was to move to a different industry. Can't move to a competitor for 3 months in my role so I'm stuck

FIS Future Forward initiative. CEO creates a program for employees to develop ideas & implement changes to save the company money with a percent payout to employee. Payouts were noted to employees for June 2024, but payouts were delayed. Then, FIS... — read more 

Over the next two weeks, Capital Markets will be holding closed-door meetings to (once again) reorganize the management hierarchy. At what point do we stop cycling through the same failed structures and start building a leadership model that... — read more 

I heard it' offshore only. So if you suddenly have a pop up meeting with your manager tomorrow, my condolences. Kind of like from Goodfellas - "that's how it happens, they come to you as friends, people you knew your whole life" Onshore will... — read more 

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?

The CEO & CFO are gutting the entire company. Everything is offshored to Accenture. 25 years & walked out like a dog. Each month, 4th week huge round of layoffs. June, July, Sept & Oct huge layoffs. No vision CEO. TSYS was Gary’s suggestion before GP... — read more 

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!

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.

This is a master thread about FNIS layoffs? Any chatter, news or rumors?

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?

There are more layoffs going on this week. Know of several across both Banking and Capital Markets that have been let go today.

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 

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

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 

How do you see this new acquisition by FIS - masterstroke? Do we expect layoffs? Reorg?

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 

Rumors started yesterday Lots of people leaving quietly with their stuff today. Jacksonville Florida.

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 

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?

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 

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.

Has anyone survived a PIP at this place or elsewhere? Advice for the call with HR?

Another round of layoffs have started today, seems like they're still not done with it and will continue for another day or two.

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?

Does FIS pay for unused PTO days if you are let go?

The huge jobs reduction to be announced

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 

Anyone know when the next round is?

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 

I have it on good authority that more layoffs are coming for FIS this year and that lists of people are already circulating

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 

Does FIS offer a Severance Package for Layoffs? I didn't see anything about it in the Employee Manual.

There were a significant number of people laid off today in multiple areas. I am not aware of the extent.