However the dice might fall for me. The stress is unbearable.
Did anyone have an FIS salary sacrifice car and negotiate a better package for being car less?
Hey guys, I think the title pretty much explains it. You won’t be left jobless you would be jobless and carless so hoping getting an enhanced package.
It’s not possible to switch off knowing what’s ahead
I keep telling myself to stop thinking about it, but I can’t. I’m scared for my job and what’s coming. Haven’t even told my family yet, I don’t want to put this weight on them too. I just hope somehow this ends okay, for me and for everyone who’s... — read more
Insurance risk suite town hall - September, 3
Something quite sus going on, as they kept moving this call and now it falls on the dreaded date. Don’t know what to expect as they haven’t shared much info with us “regular” employees.
Best of luck to all of us
The cuts coming on 9/3 are in direct relation to the Q2 earnings call. The RIFs on 9/3 are going to be larger than previously expected because SF has asked her directs to pull forward the RIFs related to “2026 Org Health” targets that were supposed... — read more
Here is what ChatGPT thinks about Stephanie Farris
I thought this was funny. All I did was ask is Stephanie Farris liked? — here’s the unfiltered version of why a lot of people dislike Stephanie Ferris at FIS: • Worldpay Disaster – People feel she was part of leadership that massively overpaid... — read more
E2E
This is the next meeting where they talk about the new portfolio model and yet, there is no info on what the structure will actually be. Will we be notified only on 9/3 if our leaders were let go?? The layoffs on 9/3 and the portfolio model must... — read more
Patiently waiting for next week
Is anyone else just holding their breath until next week’s layoffs? This past month has been one of the toughest I can remember. As a Director, I couldn’t even enjoy my holidays this month. I keep putting on a brave face for my family and my team... — read more
Concern About CDAIO’s Leadership
Over the past year, what has actually been delivered under CDAIO leadership? All I see is endless discussion on netting without meaningful progress. Meanwhile, resources keep going to external consultants and tools that don’t seem to move the needle... — read more
Stephanie’s town hall
Anyone at the town hall? This whole idea of activating AI agents and digital workers, while at the same time saying “w know you guys will be here for fifty years” implying this is the last company we will work for (because it’s great). Man, what an... — read more
Right-Sizing Leadership for True Value Delivery
FIS has developed a structure where the ratio of management roles far outweighs the size of the actual technical teams. Over time, this has led to many highly skilled technical contributors leaving the organization, while a significant number of... — read more
What are the management figures now?
With the org saying they are laying off 500 director levels and above. How many do we have at the moment. In my mind the ratio would be 10 reports to a director. 5 directors to a VP. 5 VPs to a SVP. An SVP would then have 250 subordinates. This is... — read more
Remember when layoffs weren’t just considered normal?
I miss those days.
Next RIF announcements
Is this confirmed? the next RIF announcements are 9/3 this is the company wide big one at mid and upper management levels OP: @a5+1k36et84k
More cuts today?
Does anybody know what's happening?
Amount
FIS Acquires Amount - Thoughts? They are so pathetic where they refuse to build internal initiatives toward Cloud and AI, they acquire yet another company just to pull them down and leave them in limbo just like they are doing to Dragonfly right... — read more
Nothing yet?
I haven’t heard anything. Nothing’s happening on my end so far. Here’s hoping the rumor was unsubstantiated.
Losing experienced staff is risky
Cutting more senior people would be a disaster. Projects piling up would struggle without anyone who actually knows the ropes. Fixing it later would take forever and probably cost a lot more than keeping them around now. Why is that so hard to grasp... — read more
Any news on layoffs?
Is it certain Wednesday is the day?
Time to update resume!
If you are still employed at FIS, do yourself a favor and update your resume. It’s a tough job market out there and you need a head start or at least 3-4 months. Get comfortable with being uncomfortable and do better for yourself!
8/20, 9/17
These are the next scheduled days for layoffs. Before I get the normal questions about who does it effect, I don't know. I work for a very mouthy SVP in tech dev and that's how I get my info because I get brought in to plan for when they lay a... — read more
Do something about it. Help try to bring about change
Glint survey results, employee morale, customer satistifcation, etc They don't care about these things. The CEO, CFO, head of TPO only care about 2 things: #1) the stock price #2) FIS' public image, and that's it, nothing else. Posting here is... — read more
100% truth. This is a sh-t company to work for.
I worked for a reputable temp staffing agency and they contracted my role with FISGlobal saying it was at least 6 month opportunity. On the start date, I join and they onboard me and let me meet my team of 3 onshore persons. Less than a week later... — read more
Monthly RIFs???
Is there any truth to the RIFs being more frequent? Like I hear every 1-2 months now but originally it was stated once a quarter. Just watch as some of my team members put in their last day last week. I’m normally a positive person with no worries... — read more
I think drastic times call for drastic measures.
At 3pm ET even if you are in a last minute HR teams meeting say: BEATLEJUICE! BEATLEJUICE! BEATLEJUICE! He's the only one who can help now. TGIF FROM THE BEACH! Mandatory summer Fridays till the end!
Glint survey
Answered honestly. Let’s see if it causes me to be RIFed. Someone has to tell the truth so might as well be me.
New portfolio approach
Is the new portfolio approach sent out by the CEO connected to another round of RIFs? Looks to me like a reason to drop even more management and employees to save costs. Any information on that?
After 9% Stock Plunge, It’s Time for Accountability at the Top
A 9% drop in share price yesterday following earnings it’s clear the CEO and leadership team have lost credibility and need to go. The board must act now before more damage is done. Cost-cutting is on the table, look no further than Stephanie’s... — read more
It is not over- thanks to TPO Bobby and Bora the butcher.
You’ve got Bob on the 13th floor thinking he understands sales and anything beyond the 3 inches in front of his face. In reality he needs to stay in his lane and stop pretending he understands anything about sales. Him trying to understand the... — read more
Time to leave
Job security no longer exists here. If you want to keep your sanity, leave.
Severance Pay Negotiation
Those that have been let go, have you been able to negotiate your severance? It seems like it’s been 2 weeks for every year. Has anyone negotiated severance and actually received more?
More Layoffs
I keep getting messages on weekly basis from people I work with saying they have been let go, no matter the years of experience or performance, it sounds just random . How long is this going to take everyone is stressed and scared?!
Role Changes and Communications
The recent role changes were mishandled product portfolio leaders handpicked - peers that have no expertise, knowledge or experience of the product complexities. Some peers in the loop granted a role others no communication, it is disrespectful and... — read more
Was the WARN act complied with???
In the US, the Worker Adjustment and Retraining Notification (WARN) Act generally requires employers to provide 60 days' advance notice to employees before a mass layoff or plant closing. This federal law aims to protect workers, their families, and... — read more
Employee numbers @ FIS (Fidelity National Information Services)
Just using simplywallst website data, FIS had 69,000 employees at end of 2022. At the end of 2024 that number is 50,000. That’s a huge decrease globally of 27.5% and clearly in a downward trend. This makes supporting customers much harder as there... — read more
Leadership doesn’t care about retaining talent
They’d need talent if they had a vision. And if they had a vision, they wouldn’t rely on bland, clueless consultancies specializing in butchery.
Workday Acknowledgement
Capital Markets sent out a new change control policy that required acknowledging in workday. A group of people did NOT receive the policy change notice… leadership just sat on the call refusing to answer questions about why some did not get the... — read more
The truth is out there….
Any truth/insight to the sell rumors? Been hearing them for a few years but are they true? Considering we just built and moved into the new HQ in Jax, seems odd that we could be bought out. Hoping someone out there knows the truth.
HR led by mini Trump - layoffs w/o 9/15
Employee morale is in the drain, Org structures dictated by McKinsey and HR, leadership lost autonomy and accountability. HR is laughable the new senior leadership have zero intellect there is nil appreciation for workload and challenges. It is a... — read more
The future forward
When more value is placed on ex consultants with zero real world experience over those that are tenured, tested and tenacious. The result will become apparent, but will create such a vacuum of exiting talent, it will be irreparable. What’s not being... — read more