I had my manager call me today and ask for my skills and education background. He told me company is again further more looking at skills and determining who should be placed where. He never used the word layoffs or reduction. CIO tower.
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@m1 FIS doesn't want to be a company to work for as an employee. They want as much outsourced to vendors as possible in order to allow costs to be as flexible as possible instead of having a dedicated workforce that the company has to pay for and provide benefits for regardless of how much work there is to be done.
As such, the plan is to divest as many employees as possible through a combination of rebadging to vendors, RIFs, and voluntary attrition.
These 2 employees also have families and are making a decision. That’s important and obviously unseen in corporate America. They will/have landed better roles because of the fault of leadership. FIS will feel their absence, because of the work our stakeholders and customers are currently demanding. Also - FIS has a hard time promoting good/great/exceptional - especially tendered employees. It seems they want to lose everyone. I hope they know what’s going on - and can act - quickly- bc folks aren’t only getting RIF’d but are leaving and sooner than later, FIS reputation as a good company to work for will be tarnished even more. Sure, you will be able to hire - but not the type of talent needed to satisfy our commitment to our customers. Period.
For tenured employees, edu is irrelevant in most all cases. Skills, experience, training, etc. matter the most. Ask any hiring manager or recruiter. If FIS feels otherwise, they will learn the hard way. I just learned of two employees today that will be putting in a notice, they are just over it honestly. They are exceptional, but tired and over the bullsh*t.
I think I should start adding this note in my OOO message that “Dear sender, if you are receiving this message then please accept my sincere thanks for confirming back to me that I am just OOO and not Out-Of-Office, literally. Until next time ! “
Because they think that the people listing the most skills (by whose estimation, their own) and highest education are the employees that should retained? Not necessarily. Being skilled and well educated is a good thing, but not the only thing to use. It's a statement about the depth of the cut that is being considered. They need some kind of criteria. That eliminates those who may have been at the company for years, who may have learned everything by creating and sustaining departments with their expertise. There is no easy, quick way to eliminate that many while retaining the real talent. They got here by their own short sightedness.