Thread regarding Fidelity National Information Services Inc. layoffs

8/3 "Business update" meeting just received

Curious if anyone is aware of whats happening today. Just received this at 7:50 am for today...

Digital

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Post ID: @OP+1kz6aj6by

97 replies (most recent on top)

There is a quick meeting with each leaders’ directs and then 5-10 minutes later a meeting with the larger leadership team. Can only hope it’s an executive change because SF sounds absolutely miserable on the earrings call. She’s trying the same old it’s working tactic to stroke her ego. Guess what, it isn’t working Stephie.

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Post ID: @ah+1kz6aj6by

I really hope they are selling capital markets. that would give us some hope.

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Post ID: @ag+1kz6aj6by

@ac i have received 2 invites, not sure what’s happening

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Post ID: @af+1kz6aj6by

FYI - The Q2 earnings were published this morning. They were not good and the share price has dropped d.

There didn't seem to be any announcements about sales in the Earnings Call presentation deck, which you assume legally they would have been required to disclose if that was happening.

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Post ID: @ae+1kz6aj6by

Anyone received 2 meeting invites instead of 1?

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Post ID: @ac+1kz6aj6by

Yep, got and wondered. It can't be good news.

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Post ID: @ab+1kz6aj6by

@a8 please keep us posted

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Post ID: @aa+1kz6aj6by

@OP Received as well, it should be interesting

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Post ID: @a9+1kz6aj6by

Dialing in to the earnings webcast at 7:30am CT, maybe there will be clues.

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Post ID: @a8+1kz6aj6by

I am thinking something like whole parts of the business being sold? I dont imagine 20k people being fired.

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Post ID: @a7+1kz6aj6by

@OP Yes, received it and curious now. It is also at an odd time, 10 minutes past the hour.

Is it at an organization level? Everyone received or no?

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Post ID: @a6+1kz6aj6by

@OP Current Cognizant, legacy FIS digital employee. Meeting for “CommsList Indirect All KBeatty” is 10:10-10:40am Central for me.

With everything that has happened with leadership pushing things off down the road or nonexistent care about current work, FIS is likely selling off parts of the business.

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Post ID: @a5+1kz6aj6by

Same for US. All the Senior management are on it. All of Kelly indirect reports are on it.

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Post ID: @a4+1kz6aj6by

Yes. There look to be a few meeting invites going out at slightly different times.
The invited audience seems to vary between the meetings. But they seem to be inviting everyone from a particular division (i.e. Capital Markets) to the same meeting.

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Post ID: @a3+1kz6aj6by

Got it too, located in Poland.

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Post ID: @a2+1kz6aj6by

I got it too. The last time this happened, we were being sold to FIS. I'm guessing we (or at least my division) is being sold. Lucky for me, i am retiring before year-end.

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Post ID: @a1+1kz6aj6by

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