A 9% drop in share price yesterday following earnings it’s clear the CEO and leadership team have lost credibility and need to go. The board must act now before more damage is done. Cost-cutting is on the table, look no further than Stephanie’s... — read more 

You’ve got Bob on the 13th floor thinking he understands sales and anything beyond the 3 inches in front of his face. In reality he needs to stay in his lane and stop pretending he understands anything about sales. Him trying to understand the... — read more 

Job security no longer exists here. If you want to keep your sanity, leave.

Those that have been let go, have you been able to negotiate your severance? It seems like it’s been 2 weeks for every year. Has anyone negotiated severance and actually received more?

I keep getting messages on weekly basis from people I work with saying they have been let go, no matter the years of experience or performance, it sounds just random . How long is this going to take everyone is stressed and scared?!

The recent role changes were mishandled product portfolio leaders handpicked - peers that have no expertise, knowledge or experience of the product complexities. Some peers in the loop granted a role others no communication, it is disrespectful and... — read more 

In the US, the Worker Adjustment and Retraining Notification (WARN) Act generally requires employers to provide 60 days' advance notice to employees before a mass layoff or plant closing. This federal law aims to protect workers, their families, and... — read more 

Just using simplywallst website data, FIS had 69,000 employees at end of 2022. At the end of 2024 that number is 50,000. That’s a huge decrease globally of 27.5% and clearly in a downward trend. This makes supporting customers much harder as there... — read more 

They’d need talent if they had a vision. And if they had a vision, they wouldn’t rely on bland, clueless consultancies specializing in butchery.

Capital Markets sent out a new change control policy that required acknowledging in workday. A group of people did NOT receive the policy change notice… leadership just sat on the call refusing to answer questions about why some did not get the... — read more 

Any truth/insight to the sell rumors? Been hearing them for a few years but are they true? Considering we just built and moved into the new HQ in Jax, seems odd that we could be bought out. Hoping someone out there knows the truth.

Employee morale is in the drain, Org structures dictated by McKinsey and HR, leadership lost autonomy and accountability. HR is laughable the new senior leadership have zero intellect there is nil appreciation for workload and challenges. It is a... — read more 

When more value is placed on ex consultants with zero real world experience over those that are tenured, tested and tenacious. The result will become apparent, but will create such a vacuum of exiting talent, it will be irreparable. What’s not being... — read more 

My heart goes out to all of us.

Sorry for those who get their pop up meeting with the manager for this day. Also the layoff schedule is every month now. Whoever is left please turn out the lights when you leave

Huge RIF coming next week to Worldpay. I know a lot of people still work there from FIS split. They’re basically firing so many knowledgeable doers and hiring more consultants that do nothing. Phill-p’s org is on fire. It’s because he is a terrible... — read more 

Software development engineer roles took the brunt of the layoffs, making up around 64% of the terminated positions, state records show. Other cuts include data scientists and product managers... — read more 

Looks like Atelio? https://www.geekwire.com/2025/fintech-giant-fis-lays-off-133-people-at-seattle-area-office/

GREAT leaders are now jumping ship and their team leads are following them... what does that say for the company... it su-ks! The most selfish, backstabbing and conniving group of executive leaders I've ever seen...it is literally obscene! Ruin... — read more 

If I'm going from Fiserv to FIS, am I just getting the same thing or are things slightly better at FIS?

Just under 100 were let go.

Last week there were over 25 from compensation cut. Over 50 in staffing/ recruiting cut. Over 150 from HR cut. Expect "delayering" in sales to be the next wave.

I've been here 3 years and over it but don't know how I can keep the same pay if I was to move to a different industry. Can't move to a competitor for 3 months in my role so I'm stuck

FIS Future Forward initiative. CEO creates a program for employees to develop ideas & implement changes to save the company money with a percent payout to employee. Payouts were noted to employees for June 2024, but payouts were delayed. Then, FIS... — read more 

The CEO & CFO are gutting the entire company. Everything is offshored to Accenture. 25 years & walked out like a dog. Each month, 4th week huge round of layoffs. June, July, Sept & Oct huge layoffs. No vision CEO. TSYS was Gary’s suggestion before GP... — read more 

I heard it' offshore only. So if you suddenly have a pop up meeting with your manager tomorrow, my condolences. Kind of like from Goodfellas - "that's how it happens, they come to you as friends, people you knew your whole life" Onshore will... — read more 

Over the next two weeks, Capital Markets will be holding closed-door meetings to (once again) reorganize the management hierarchy. At what point do we stop cycling through the same failed structures and start building a leadership model that... — read more 

This year, merit-based salary increases are being capped at just 3% - and that’s reserved for top performers. For most employees, raises will fall between 0% and 2%. With inflation, rising living costs, and growing expectations around fair... — read more 

I know of two team meetings scheduled for today were canceled. Not rescheduled. Also as stated above there were alot of closed doors today. Strange for a Friday. Have a great weekend all!

This round is called project ivy. Next round in July is called project kite. Will also have one in Sept and November Is this accurate? Where in the world is this info coming from, if so? Am I missing something?

From what I understand, there was no continuation of layoffs today. Does that mean it's over and I don't have to worry about it spilling into the next week?

This is going to be a larger one affecting most teams. I’ve heard somewhere between 5-10% across the company. And its going to be quick, should be done by end of June.

There are more layoffs going on this week. Know of several across both Banking and Capital Markets that have been let go today.

The company laid off a bunch of employees from Indian call center as the client said the quality is terrible and apparently they did some shady tactics to avoid work. Hopefully that will spark a thought in their brains

How do you see this new acquisition by FIS - masterstroke? Do we expect layoffs? Reorg?

Thankfully, I work for a very mouthy SVP who can’t keep secrets. He said he got a document from one of John Durant’s direct that came from Stephanie that says the new strategy is to reduce the number of product lines Some of it talks about merging... — read more 

Another layoff cycle passed and I’m grateful to still be here, even though I know more is on the way down the line. At least there’s relief in this temporary stability. It’s remarkable how normalized these cuts have become compared to a decade ago... — read more