Stock down under 35 bucks a piece. 15% down in the last month. Great shape and the stock price doesnt mean anything as per SF
Layoffs yesterday??
I have not heard of anyone yet. Hoping it was a rumor.
TPO is joke
The current response quality coming from TPO is deeply concerning. The level of inaccuracies and inadequate handling of queries by Pune from global regions is not acceptable for an organization operating at our scale.This is not just a matter of... — read more
FIS's AI advise
Massive layoffs among frontline technical staff while continuing to hire executives creates a dangerous imbalance that threatens long-term survival. To stabilize and grow, the company must shift its focus away from adding costly executive overhead... — read more
VP, Head of Program Management & Strategic Initiatives $235,000 – $288,000
Orchestrate cross-functional alignment, manage transformation frameworks, and maintain status/OKR reporting for executive leadership
Another new 52 week low
Is this the market stating they have zero confidence in the executive leadership at FIS? When will the Ferris wheel stop? Will she get booted at $35, $30, $25? She’s not even a good PR person for the company. SMH.
Senior Lead, Technology Strategy Analyst $120,000 – $170,000
a high-visibility internal consulting and executive ghostwriting/presentation role
FIS will have lots of strategy. Sr. Director, Go-to-Market Strategy $187,270 – $318,360
I guess 100 million to mckinsey wasn't enough
VP, M&A & Transformation $180,000-320,000
No M&A possible until after 2027 but why should that stop the cutting to hire this position
Layoff Bingo for the weekend!
The squares could be named as follows: Surprise meeting invite Extension of layoff date Lump sum severance COBRA Pre paid label for equipment return Non-disclosure agreement Layoff request Knowledge transfer The People Office
Bring on layoffs!
Me and my entire team are now hoping to be cut. Severance sounds great in face of continued toxic culture and constant uncertainty.
Now you know the rest of the story
FIS Acquires AI-Native OpenCoreOS as Core Banking Consolidation Continues Banking and payments technology group FIS has acquired OpenCoreOS, the AI-native core banking startup founded by former Zafin chief executive Al Karim Somji, only months after... — read more
New 52 (4 year) low stock price today.
When does SF get held accountable
Still no severance pay
I was laid off from FIS after 28 years. My severance pkg includes 52 weeks of severance paid bimonthly as if I were still employed. My first deposit was due yesterday. I did not receive it and still haven’t I have tried repeatedly to call The... — read more
Next layoff?
Any truth to the post below stating that there will be another round before 10/16? I know every day is a possibility around here, but anything confirmable?
First Severance Pay Not Received
I was due my first severance pay after my layoff today. I did not receive it. I check with some other employees who were laid off and some did and some didn’t. I don’t know why I thought it would work smoothly. Nothing about FIS runs smoothly.
FIS needs more employees to leave so it can pay for new roles like Senior Director, Public Relations, Salary Range $224,720 to $382,030
(this is publically available information)
Another post deleted...
This time it was mentioning the ad for the PR Wonk for a couple hundred grand. Who controls this site anyway?
Apparently this is the formula
Give someone impossible workloads, constant criticism, and no sense of security. Keep it going long enough and even a happy person will start dreading work and consider quitting.
What Fidelity National Information Services Shares Record Core Wins Means For Shareholders
Fidelity National Information Services reported record first half core wins in community and regional banking and rolled out new AI driven and embedded banking products, alongside a collaboration with Ericsson to speed digital wallet deployments. -... — read more
Did a post get taken down?
It seems that there is one missing from the last day or so. Anyone else?
Strategic Management Failures
FIS has spent years shrinking after two big strategic bets that have not paid off as promised. The shares are about thirty-eight dollars, down more than forty per cent in a year. Headline profits look strong only because of a one-off gain on the last... — read more
9% down in the last 5 days
Interesting article below don’t let leaders tell you it’s the market norm the decline — looks like Stephanie and James did particularly well at Goldman Sachs Communacopia (sarcasm) - judging by the stock performance since. It’s incredibly... — read more
FIS Board Members
FIS continues to move American jobs to Cognizant while reducing its own workforce. Reports indicate that FIS employees have been laid off or transferred to Cognizant. At the same time, FIS executives receive multimillion-dollar compensation, while... — read more
Another SVP from Cog / McKinsey added this week?!
I have never worked under an executive leadership team that has generated this level of distrust among its own employees and leaders. What makes the situation particularly difficult to understand is that we are watching major strategic decisions... — read more
Cognizant investigation
We all know FIS is moving some U.S. employees to Cognizant rather than directly laying them off, with those employees becoming Cognizant employees and continuing to perform work previously done for FIS. This is significant because Cognizant is... — read more
FIS management presenting at Goldman Sachs Communacopia today 3:45pm Pacific
Stock down almost 6%, in anticipation of a negative update?
Next layoff
FIS is preparing of next wave of layoff before Oct 16. The target is to have lean middle management. Non technical managers in IT services are being consolidated. Each manager will have at least 2 teams. Next 30 days, the managers are asked to... — read more
What are we all thinking on Labor Day Weekend?
What are you doing to continue to get through it? If you can share something that has worked for your team, against the onslaught, please do it.
Mandatory AI Use
Just got a gem of a note from my manager stating that my team isn't using AI tools enough. Based on the "latest reports" we're lacking compared to other teams. Apparently our usage is getting monitored now. Oh joy. Copilot is practically unusable but... — read more
FIS Friday Day Off
Just remember this is a reminder for you to get on your knees to your RIF overlords and thank them for the job you still have and a reminder what an absence of a job feels like. More psychological fear mongering wrapped up as "FIS Gives". Crickets... — read more
FIS Warn Notices
How is FIS getting around filing WARN notices in states with all these rounds of layoffs? I know there're legal issues in Washington state after layoffs last year but I am amazed that no WARN notices have been filed this year (Wisconsin). It... — read more
Get lean for thee not for Me
They have to cut at the bottom to keep creating new senior roles. Developers in my group get RIFd and more bloat gets added 'FIS is looking for a VP, Head of Program Management & Strategic Initiatives to join our Technology organization at FIS in... — read more
Pay thread
Stephanie Ferris made $22,928,412 - 518x the median salary of FIS employees as of 2025. What do you do and how much do you make?
This is how it is...
FIS Indian employees getting onto interview panels and rejecting qualified American candidates in favor of preferred candidates. Interview questions and confidential hiring information being passed to friends or associates before... — read more
Poor planning or
a well planned mind fu-k? Several groups have been subjected to last minute (or are they) changes to their status. Some with RIF dates are then given different assignments within days of their change dates, some inside the company, some not. Now, the... — read more
Life at FIS
Layoffs and work transferred to offshore. No new software development effort. Company is in "keep lights on" mode. No new hiring in US. Only transfer of India employees on L1 visa allowed, and that too in rare and extreme cases. There will be wave... — read more