Rumors started yesterday Lots of people leaving quietly with their stuff today. Jacksonville Florida.
Capital Markets merger with Banking
They are in the process of merging capital markets division with banking. Why? Same reason Stephanie does anything. Boost the stock price of course. Capital Markets grows at a much higher rate than banking so it would look better if she merged... — read more
Hired remote but company wide RTO coming?
I was hired as remote but there has been mentions of those of us within a certain mile amount to an office will be required to come in. Anyone know anything about this?
Stock price dropping
Today's earnings call today was brutal. Currently down -17% I'm not sure James Kehoe knows how to deliver messages to investors. Going out of his way to highlight weaknesses. At one point he mentioned we should be "withholding payments to vendors"... — read more
FNIS Layoffs 2025
This is a master thread about FNIS layoffs? Any chatter, news or rumors?
All of Finance And Accounting Will Be Without a Job in 2025
All Finance and Accounting roles will be moved over to Accenture by end of 2025. They are purposely eliminating roles to save a few bucks. This company makes me sick.
Age discrimination
The majority of people who were let go were in their late 40s at best, but more often in their 50s and 60s. The most experienced folks. How is this okay? I know there are laws that say age discrimination is not okay. I don't understand how the... — read more
Layoffs currently underway
Another round of layoffs have started today, seems like they're still not done with it and will continue for another day or two.
Accounting/finance are cooked
oh no, Stephanie and company can't make that extra million dollars they hoped for... better let go of literally half of accounting and finance! surely this won't be totally devastating for our measly peasants. they don't like, have lives... right?
PIP
Has anyone survived a PIP at this place or elsewhere? Advice for the call with HR?
huge one incoming
The huge jobs reduction to be announced
Being Looked At? Does this happen?
I have a colleague that is checking up on me several times per day asking questions about what I’m doing and especially at night . The bothersome thing is sometimes I’m starting to feel baited to voice my frustrations or talk bad about the company ... — read more
Any updates?
Anyone know when the next round is?
Get fit? PIP?
A family member of mine was told she's now on some "get fit" plan..and if she doesnt pass, will be on PIP. I assume this is just a heads up she's losing her job (side note, its very odd since she surpassed her goals last year and was never given a... — read more
More layoff
I was laid off today along with more people on my dept apparently more lay off are being expected, I knew right away since I got a meeting called “ quick connect” as soon as I saw Hr on that meeting the cut us off right away at least they did offer... — read more
More coming
I have it on good authority that more layoffs are coming for FIS this year and that lists of people are already circulating
Unused PTO
Does FIS pay for unused PTO days if you are let go?
Severance Package for Layoffs
Does FIS offer a Severance Package for Layoffs? I didn't see anything about it in the Employee Manual.
Significant Layoffs Today
There were a significant number of people laid off today in multiple areas. I am not aware of the extent.
FNIS Layoffs 2024
This is a generic discussion thread to capture comments about potential FNIS layoffs? Any chatter, news or rumors?
Is it now over?
Or can we expect a continuation after Thanksgiving?
Layoff Season
Ongoing layoffs hitting hard across the company. Rumored to be 40%
Is there a company that defecates more on its employees?
Times get tough and one of the first things they do is put the screws to the little guy. When is the last time the peons got a raise? Look at what they did to the ESPP match. And spouses are not permitted to have coverage on the cafeteria health... — read more
Layoffs in October
Large round of layoffs coming in October. Be prepared.
The test
Rumors in this thread are on point. The test came via Corp Comms. A non anonymous survey testing people on PE ratio and profit drivers?
More layoffs... Aug 23/24
The rumors of an August rif sound real. Hearing August 23/24 but don't know anything else. Love the email about future forward success knowing more layoffs are coming.
Dumpster Fire
Amazing the shareholder value destroyed by the past two CEOs ---$18B and counting.
Live! Townhall
Who enjoyed learning the answer to pressing questions like who is the most powerful ninja turtle?
FIS executive compensation jumps
https://www.paymentsdive.com/news/FIS-CEO-compensation-jumps-Ferris-Norcross/647961/
Sale imminent and 7000 layoffs in works
Hearing lot of chatter of another big round of layoffs - upwards of 7000 people and a sale of company to announced in Q2. This is after April layoffs already in the works Sinking ship folks, put your life jackets on and jump What are you all... — read more
SF's "goodwill" tour?
What's the purpose? Fighting off rumors of a buyout? "I'll tell you before you will hear it anywhere else. Don't believe the rumors!!!" Laughable. Is she coming to an office near you?
Giving my notice
I have just accepted a new job outside of fintech that includes a salary increase and solid job security. Inflation, though moderating, is still high and there are no merit increases at FIS while the people who mismanaged the company are making... — read more
FIS should be renamed FOS
FIS should be renamed FOS “ Full Of Sh*t” because that is what the company has become!
Changes are afoot - wake up folks
Let's review the story thus far: SF was going to be CEO, GN was going to be chairman $500M in 'cost reductions' are announced Pro tip: 'cost reductions' mean people Institutional investors (Border to Coast Pensions, BlackRock, State Street... — read more
The place is in shambles…
Raises and to the least of the worries…
No Merit Increases Again
They just notified all managers to be prepared for blowback because there will be no Merit nor Cost-of-Living pay increases this year again. They are actively trying to do everything they can to get people to quit so that they don't have to pay... — read more