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.
Live! Townhall
Who enjoyed learning the answer to pressing questions like who is the most powerful ninja turtle?
FIS executive compensation jumps
https://www.paymentsdive.com/news/FIS-CEO-compensation-jumps-Ferris-Norcross/647961/
Sale imminent and 7000 layoffs in works
Hearing lot of chatter of another big round of layoffs - upwards of 7000 people and a sale of company to announced in Q2. This is after April layoffs already in the works Sinking ship folks, put your life jackets on and jump What are you all... — read more
SF's "goodwill" tour?
What's the purpose? Fighting off rumors of a buyout? "I'll tell you before you will hear it anywhere else. Don't believe the rumors!!!" Laughable. Is she coming to an office near you?
Giving my notice
I have just accepted a new job outside of fintech that includes a salary increase and solid job security. Inflation, though moderating, is still high and there are no merit increases at FIS while the people who mismanaged the company are making... — read more
FIS should be renamed FOS
FIS should be renamed FOS “ Full Of Sh*t” because that is what the company has become!
Changes are afoot - wake up folks
Let's review the story thus far: SF was going to be CEO, GN was going to be chairman $500M in 'cost reductions' are announced Pro tip: 'cost reductions' mean people Institutional investors (Border to Coast Pensions, BlackRock, State Street... — read more
The place is in shambles…
Raises and to the least of the worries…
No Merit Increases Again
They just notified all managers to be prepared for blowback because there will be no Merit nor Cost-of-Living pay increases this year again. They are actively trying to do everything they can to get people to quit so that they don't have to pay... — read more
How long do they lie to employees?
Since January VISA has been looking at FIS to buy it out. News articles with comments from senior people hidden in the shadows gives more detail that we get in a single sentence from our own leaders. Nothing about this company is about employees. ... — read more
Scale Matters at merger.
Now let's be focused - which is it?
Time to form a union?
Three years and no pay raise. Paying for benefits that are bare bones. Working overtime weekly without pay increase. Is the time coming? Is this the new FIS direction until the next buyout?
Make a decision about RTO!
SF is off to a terrible start, and she just can’t make a decision. Rather than ask staff to come back to office, just make a decision! Either tell us to come back a minimum number of days or stop bringing up RTO. Every other company has chose a lane... — read more
RTO is a deal breaker for me
If I'm forced back to the office, I'll be leaving. There's no question about it for me. I will not lose two hours of each of my workdays on a commute that I can be spending with my family now that I know there's a better way. Also, don't listen to... — read more
Customers fleeing in droves.
Customers afraid of the uncertainty begin to pack up.
2600 layoffs...
And more to come. And a spin off...ugh
The culture needs you to return to office!
Hey team, we need you to return to the office because our giant corporate American culture is dying! It’s not about flexing our power over you, it’s really about creating a sense that you belong with us! Who needs friends or hobbies when you can come... — read more
Cost Reduction Target Increased to $1.25billion
During the quarterly earnings call, FIS announced that they are increasing their Spending Reduction Target from $500million to $1.25billion. The layoffs are nowhere near done. May the odds be ever in your favor.
Breaking Up is Hard (or Maybe Easy?) To Do
According to this story, FIS could be preparing to dump the merchant segment of its business (Worldpay) via a spin-off with an announcement being made perhaps as soon as next week (Q4 and full year 2022 results get announced on Wednesday, February... — read more
Give her some credit
Folks, SF has been dealt the cards she’s been dealt and is playing the odds to win, and prevent more layoffs. The axe has been swung and may come around again, bloodied--that is the nature of this company and many others, so please face the music... — read more
Any news on Lockbox services?
Our GM got laid off suddenly. No word on wether there will be a replacement. Wondering if they’re going to sell the lockbox business or consolidate offices.