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
Great Colleagues
In a tough environment, your colleagues can really make a difference. With all of the rapid fire changes, collaborative, experienced and, sure, funny colleagues are what helps the most.
Fintech is not a bad industry
Just because FIS is a disaster doesn't mean the industry as a whole is. Explore the companies on this list. Find your niches and apply to these companies. https://www.forbes.com/lists/fintech50/
Hang on or Get out?
It is so subjective, isn't it? Use the information that you have and do what is best for you and your loved ones. Clinging to the notion of getting severance has caught up more than a few. Then, surprise, your severance is lost due to a relocation of... — read more
If you've got any skills at all, get out
I can't say this strongly enough: if you have any skills, any talent, any ambition...leave this place. It's a dumpster fire that will only drag you down. Get out and don't look back.
Hang on
FIS is going through another realignment, and based on the company’s recent financial guidance and continued focus on reducing costs, It is estimate there’s about a 65–75% chance that another round of layoffs will follow.That doesn’t necessarily mean... — read more
Has any manager actually tried to boost morale?
Not with town halls, but real conversations about things getting better? It seems like they're hoping the issue will fix itself.
Company of bootlickers
Worked with Technical Architect Lead who did not even know difference between relational database and S3 buckets. If you are a bootlicker, then have a good growth in this company.
“BlackRock Inc. Acquires 44,501,041 of FIS Shares”
That’s from yesterday. What to make of that?
All Hands Meeting next Thursday
Who knows what will be shared? None of it will be true, but it will be interesting.
Q3 action?
The stock hasn't been able to gain (or hold onto) much ground and the close of Q3 looms. Anyone hearing about more RIFs coming? Do we have dates? I know we're always on alert and no day is safe, but I'm talking about confirmed plans beyond just the... — read more
No Respect Given
They can’t even tell us in Digital if they are going to extend us again past 8/31, but we’re supposed to just sit here and take it to get severance
Sales - Giving Notice (resigning)
Given the constant changing policies at FIS, does anybody know what happens when a sales person gives two weeks notice? Does your access get cut same day? Do they pay out the two weeks? No PTO to get paid out unless you live in certain states. If... — read more
The FIS way
The best employees get blamed and cut while the lazy, gossipy, rude ones get protected. Why does it work this way?
Interns RIFed
Reporting this from Jacksonville FL office that three Interns who joined straight from college campus were RIF'ed. Clearly management want certain people as employees.
Let's be clear about why FIS senior leaders read this site
It isn't to get insight into ideas to improve the business and employee relations. It's about trying to figure out who is posting confidential information here. They want to know who is leaking.
FIS stopped paying redundancy compensation
Does anyone have clarity on how redundancy pay is calculated in Australia? In Singapore, FIS paid 1 month's salary for each year of service to employees who were made redundant. In Australia, it looks like FIS is following the government-mandated... — read more
The culture of fear
I'm the only one on my team who isn't terrified of losing their job. Everyone else is a robot, keeping their head down, acting submissive, silent, and never pushing back. It's depressing to see.
Dystopian compliance course
We were assigned an "active assailant preparedness" compliance course and it feels so dystopian. A bad AI is telling me to "prepare to survive". It implied some people are emotionally unstable and might get violent if you discuss current... — read more
What would make things better for you?
Honest question. I see so much dissatisfaction here. Im one of the dissatisfied too. I know execs come here to read what we really have to say. Maybe we can take a sec to anonymously tell them what would help and see if they actually care to listen... — read more
Holiday Vacation Schedules
Just make an educated guess when asked. Who knows where anyone will be for the holidays, it feels like a long ways away.
There is still a chance to get RIFed in Q3 2026!
Not breaking any news, but this quarter ain't over yet!
Do you want to get RIFed in Q4?
FIS has history of RIF-ing employees in Q4. That way you lose year worth of 401K match. Market is slow in hiring. Most companies are in holiday mode. Usually this is done as revenge against employees.