One reason I can think of is that FIS has been an undervalued stock, with its share price near a 15-year low. Investors haven’t been happy, and management is under pressure to show improvement. My assumption is that these actions will slow down once... — read more 

I feel sorry for the Zenzar and Cognizant newbies who weren’t already employees but are replacing RIF’d and non-rebadged staff. Thrown into the deep end in some cases and with zero process training. Better hope there’s some internal documentation... — read more 

For your own sanity, let go of any, it's over, all clear, we, who remain standing, are safe now, etc., because it does you no good. To the best of your ability, prepare for the worst, make smart decisions with the assumption that this is coming for... — read more 

Looks like KB and DD lob’s are impacted maybe due to the number of resources in there bucket. Whereas JJ’s lob is untouched. Thoughts ?

Professional Services got severely impacted in March. Do we know what’s the count this time? Also, what product lines?

Not giving much details (not that I have many) but have any other orgs received meetings with SF and others tomorrow/this week? I’m tired boss.

I'd rather not get laid off, but with decent severance I'd manage. I've seen plenty of jobs out there. The market's not as dead as some folks are making it out to be.

Do you know someone who has?

I'm not sure I'll be able to do anything today. I tried sleeping but I'm so nervous and over-stressed that I couldn't. I'm honestly not sure how I'll make it through the day, especially if cuts really do continue. My team was not affected yesterday... — read more 

I am hearing that the severance does not pay out unused PTO. If true and if others can confirm, then use PTO as you accrue them.

The amount of stress this company has caused in the past year to me and my colleagues is unbelievable. They expect us to work as if everything is ok, while hearing every couple of weeks that someone is laid off. Today has been an especially... — read more 

What areas and products were hit?

If you were laid off, at least you get to walk away with severance. The rest of us are stuck with more work, higher expectations, and no extra money. I'm still praying to be notified.

Or will there be more throughout the rest of the week?

I invested 160k in espp for past 9 yrs in this stupid company. I am sitting at a loss of around 80k. Do we see any little ray of hope where at least I come out of no profit no loss Avg price per stock is 81$

According to my SVP, the workforce reduction actions implemented in this round did not achieve the level of cost savings Stephanie had targeted. This action was largely driven by a forecasted revenue gap over the next six months, combined with the... — read more 

post show up and deleted 1 min later? WOW 1) LFI moves out of PS into tech dev- core vs implementations 2) let go all core teams -what’s a core product? 3) acquired a new company to replace current product - but RIF 4) change operational structure to... — read more 

D1 LFI moves out of professional services to tech dev- how is implementations part of tech dev? They create value streams - which no one understands. They act like implementations are core team and change everything to d1 teams to operate as such-... — read more 

Got an email hour back, wording is weird “If you are reading this and your role was not impacted, I want you to know : I do not take your for granted.” Are they sending this people who are rifed or to people who still have Job or both Weird email... — read more 

This clown really writes this end of day, while they leave executives and senior management in place with absolutely no clue of what they're doing, canning some actually decent people today who were helping the organization which they canned on a... — read more 

We know someone is reading this...I heard today "this is the last one this year" this is the 3rd time this year I have heard that. That is why you are not trusted. It is that simple. You don't tell us the truth over and over again. This is the... — read more 

Can it get any more disrespectful than that?

How on earth do these people sleep at night? Is this the legacy SF wants to show her children? What a soulless bunch of fools driving this ship. May they ALL someday know the pain that they’ve cause all of us…

So I was part of the group on March 22 that was RIF’d but then forced to stay working until end of June and then quickly extended until end of August. It seems like the people RIF’d today are done as of today. I want that deal! Trying to stay... — read more 

Heard about the layoffs today. I am sorry this is happening to you. Can you kindly share how much severance is FIS giving?

Does anyone know if lay offs are over for now?

Got pulled into a call with my manager and told I was laid off with 25min before access was revoked. That's nowhere enough time to handle critical knowledge transfers and other responsibilities. What is the plan when things start falling apart... — read more 

WTF. A pre-recorded call to let people go is the most cowardly way to treat employees. People have given countless hours to this company, and this is how they’re repaid? The company is clearly going downhill if this is the standard of leadership and... — read more 

Is that how notifications are going out?

I am sorry if you have been notified today and hope you find that your next role is far better than this company has offered you! It would be helpful to know what function or org you are with if you have been notified without giving who you are away!... — read more 

The only silver lining is that severance seems to be staying as is. That's always been my biggest concern when layoffs happen.

The company will conduct reductions in force (RIFs) each month. There is a targeted headcount reduction that must be achieved based on forecasts designed to demonstrate that operating expenses are being managed and financial controls are in... — read more 

Any way to know how many are still left to be notified?

Looking for words of encouragement to share that don't sound like bumper stickers. There is lots of support here, use it.

I asked to be riffed instead of rebadging with cognizant. HR agreed after threatening to treat it as volunteer resignation. Now I will be riffed as of June 30.

I’m in IBS Core. TPM (tech product management)… one of the product owners. Are we getting RIF’d or laid off? Everyone under my manager has the same meeting tomorrow, including my manager.