FIS has been preserving the H1B visa employees. The team had several layoff of US citizen and some were transferred to Cognizant, but all employees on work visa were left untouched. Apparently FIS loves Indian origin employees

Meta management was so professional in reducing workforce. Direct RIFs. No Cognizant kind of gimmicks. Immediate termination. No KT required. FIS management is playing games with employees.. some given severance, some transferred to Cognizant to... — read more 

Some Senior Managers were laid off today. They are cutting deep, one deserved to go.

I was one of the unlucky/lucky ones that got laid off in March with a Termination date of June 30th. Does anyone have any idea how many employees were laid off in that last round of RIFs in March?

I know some people got laid off last month. I got laid off today. My official termination date is 6/3, so they gave me two weeks' notice. I will receive my severance pay twice a month, just like my paycheck, and three months of COBRA. I have been... — read more 

The fatigue is so difficult to manage. The constant shocking twists and turns. How does everyone manage?

FIS is making fool of US based employees by providing Cloud Academy or Skill Builder etc. The management has made clear that all the hiring will be done in India/ Philippines. US based employees can spend time in learning, but they will never get... — read more 

I wonder how he feels now that FT took CS back and will likely take everything else back. I remember that he was preaching this as a huge opportunity and saying that it will be great. Well...

There is no truth to any rumors

I know several employees that have been given date of June 30. They are doing zero work. In short FIS Management has given them paid vacation. The intent was to save money, instead management is doling out free money

It's been so helpful when managers explain processes in this debacle. It's a risk for them to do so, but it is much appreciated. The struggle here is real, your perspective is invaluable.

What we can expect in july? Another big wave or all done?

New comprehensive data shows - Millennials: who currently power our business and economy - prefer fully remote roles. With AI, etc. there is zero reason to sit in a loud environment on teams calls - this pertains to majority of roles. Wake up... — read more 

I have an offer thats paying 20k less and its in person. considering taking it for sanity. someone talk me out of it. all things considered, I can afford the salary hit with relatively little changes other than amount saved.

I've been applying for months through the big job boards and getting almost nothing back. No calls, no interviews, nothing. For those of you who've been laid off and managed to find something, which platforms actually worked for you? I need to change... — read more 

What are the severance packages looking like now? I don’t see the policy. I couldn’t find the updated version of the last one that was up with the formula. Any help would be appreciated. Planning around potential future layoffs

What's everyone's thoughts on being pushed to participate in Copilot usage programs? Seems like we are being asked to train the AI before the next RIF while being offered "space exploration stickers for our logbooks" for our participation. I am not... — read more 

CS was just the beginning. CO is next, and the plan is obvious - shift everything to India. It’s coming faster than people think. Mark my words.

The way things are looking right now, the only way I can grow my career is if I quit and go somewhere else.

Worst technical staff. Business Process Analyst have zero knowledge to analyze business processes. If you ask question, they try to bluff you. Software architects are even worse. They just throw big words, without understanding the meaning or... — read more 

I'll start. Mine took credit for a project I led, got a bonus for it, and then blamed me when something went wrong six months later. I hate that man.

It seems oxymoronic, doesn't it? When asking for updates or other changes, the answer is no, every single time. Even when requesting changes to efficiency or just plain common sense. No, that is not desired. Just. Plain. No.

FIS stock is trading at P/E of 60 Peer competitor FIServ stock is trading at P/E of 8. In short, Institutions are holding the price, selling to retail. FIS employees buying ESPP will ultimately become bag holders. Based on whatever is going on with... — read more 

Someone told me that Cognizant did not hire him as his salary was too high. FIS wanted to transfer him. So ultimately he got riffed. Is there a top limit cognizant is hiring FIS employees?

With the whole Cognizant thing done, are those of us who're left behind safe at least for a while?

The stock fell 44% in a year. 33% in the last 6 months. This company is going down or getting sold in the near future.

Jeffrey A. Goldstein, Nicole Anasenes, Mark Benjamin, Anil Chakravarthy, Kourtney Gibson, Lisa A. Hook, Kenneth T. Lamneck, Gary L. Lauer, James B. Stallings Jr.…. This is lack of market confidence in your CEO. You put Gary, Jeff, Frank in same... — read more 

Board and Leadership should be ashamed

Whats the deal with the Anthropic partnership? How's its gonna be funded?

Why does FIS take on the responsibilities for funds outsourcing their Transfer Agent (TA) and then do a cr-ppy job a la Franklin Templeton? Eager to sign the contract, woefully unprepared to fulfill its terms. Every move of FIS senior leadership is... — read more 

Cognizant sued by Department of Justice. https://x.com/InsiderWire/status/2051020690896093244 You can tell HR that you don't want to be transferred to cognizant.

Surprise! No. “Cognizant to cut over 4,000 jobs as ‘Project Leap’ drives AI focus by VARINDIA 2026-05-02” Https://www.varindia.com/news/Cognizant-to-cut-over-4,000-jobs-as-%E2%80%98Project-Leap%E2%80%99-drives-AI-focus

No wonder clients are so dissatisfied. They are sold a bill of goods, then discover that their systems are creaking, their processes inflexible, they do nothing to make their client's lives easier and their client's face extended hold times for... — read more 

SLF = ~$23M in 2025 The toohster a cool ~$5M. I hope the board owns up and slashes their salaries equal percentages to stock drop - ~30 percent following the stock drop since Jan 1. Least they can do. Actually when they sell company off hopefully... — read more 

This is yet unoffical but there will be a meeting today with 3 upcoming news: everyone will be fired by the end of August and replaced with offshore employees (.not high management ) company will be splited by 4 or 5 independent companies ( by... — read more 

And most definitely less efficient and reliable. Small satisfactions. I might be jobless, but it will still be fun to watch it unfold.

This is good news for all of us and very bad news for FIS. Now FIS cannot replace your position even thru COGNIZANT. They have to pay 200K salary. Call your senator/congressman and ask to support this bill.

One star for the paycheck, one star for the high-speed office Wi-Fi I used to research my move to California. If you enjoy the creative challenge of building a sandcastle while the tide is coming in—and the tide is actually your Executive leadership... — read more 

One of the reasons that Franklin Templeton employees about to be laid off got shifted to service Heritage clients is because the staffing was so poor in the face of more incoming calls, FIS clients such as Victory Funds were unhappy with the hold... — read more