Layoffs seem massive, and we’re all on edge.
At what time can you consider yourself safe?
Those I know who have been included in previous RIFs got their 1-1 invite first thing in the AM. However, with the large number taking place today, I’m wondering if making it through the morning is still too soon to breathe a sigh of relief?
layoffs su-k
largest layoff in FIS history. Directors, Senior directors, grunts like me, etc... maddening.
Are people who are laid off immediately escorted out?
Is there time to grab your personal items?
Anything in APAC /EMEA yet?
Were there any layoffs today in APAC/EMEA so far?
Layoffs India office
Dose anyone having any updates layoffs started India offices?
Twas the night before…
Not a creature stirring on the 13th floor, unless you’re counting the McK consultants. Because pretty soon that’s all that will be left. Stephanie in her ‘kerchief, and Bob in his cap, Had just sold their shares for a long winter’s nap…as lord... — read more
Worried
If someone has the information, could you share what the end looks like? Is there a notice period offered and then the severance? Or are they letting people go on the same day right away? Worried about tomorrow and what that might look like...
Happy hour started at 2pm today.
Might as well enjoy myself in this remote meat grinder. Cheers!
Good Luck
No matter what happens tomorrow (September 3rd), please know that your value is not defined by your job. Be kind to yourself if you are given a severance package, and still be kind to yourself if you remain at FIS. Rarely does anyone choose to be... — read more
~30k employees target?
Can anyone confirm if the goal is to reduce the work force to around 30k employees? That would mean a major layoff compared to the current staff size. I came across a comment about this and wanted to see if anyone senior here can confirm this... — read more
Ominous - 3rd Sept social event cancelled
A social event scheduled for 3rd Sept over in the London Walbrook office has just been cancelled. Could be ominous.
I can’t wait for this week to be over
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?