Until I find a new job, most of my energy will be spent on that search. FIS doesn't care if you're a hard worker, it'll show you the door either way. So no point in trying. I'll give my minimum and save my energy for my next company, which will... — read more
Facing a brand new week!
Who knows what will happen at the end of the Second Quarter 2026? Be smart on your own behalf.
The axe will swing
Let’s get real peeps. FIS bought, absorbed, renamed, reorganized, and stacked business on top of business without ever turning the whole thing into something coherent. Too many layers, too many handoffs, too many teams protecting their little... — read more
Why no Cognizant this time?
Heard that 3400 long term employees were riffed. No one was transferred to Cognizant. Any reason that FIS went for severance route and no transfers to Cognizant?
Which layoff round is this for the year?
Third? Fourth?
I think it's done
So far a very calm day with no notifications that I know of. I'm taking it as a sign it's finally over.
Banking Industry Concern
Based on what I have read, Fiserv appears to be making significant staffing cuts, similar to those recently seen at FIS. Many of the employees affected held roles that are essential to keeping the global banking system stable and secure, including... — read more
Is Bob still at Fis?
Can anyone confirm the great Mr Bob T is still at fis or left last week?
Sounds familiar 🤔
We've undermined the trust you have that your specific expertise and contribution will be valued, that you will grow and advance your career, and that this will be a place where you can actually have an impact. -- Andrew Bosworth of Meta
Who's safe?
Do you know of any teams that survived all recent layoffs intact?
The worst way to handle layoffs
If you want to see bad management, look at how layoffs are being handled. One day would have been enough, but they've dragged it out for the whole week, which to some of us feels like forever. For days we wake up stressed wondering if today is the... — read more
Uncomfortable truth...
Q2 Earnings will be a disaster (yes, we have a few days left), and all this job cutting will continue throughout 2026. There were no meaningful, needle-moving developments in Q2: no market-disrupting announcements, no material improvement in... — read more
Why RIF‘s? When will it stop?
One reason I can think of is that FIS has been an undervalued stock, with its share price near a 15-year low. Investors haven’t been happy, and management is under pressure to show improvement. My assumption is that these actions will slow down once... — read more
Hot take
I feel sorry for the Zenzar and Cognizant newbies who weren’t already employees but are replacing RIF’d and non-rebadged staff. Thrown into the deep end in some cases and with zero process training. Better hope there’s some internal documentation... — read more
Normalizing the chaos
For your own sanity, let go of any, it's over, all clear, we, who remain standing, are safe now, etc., because it does you no good. To the best of your ability, prepare for the worst, make smart decisions with the assumption that this is coming for... — read more
Is only KB and DD LOB impacted ? What about JJ?
Looks like KB and DD lob’s are impacted maybe due to the number of resources in there bucket. Whereas JJ’s lob is untouched. Thoughts ?
Professional Services how many impacted?
Professional Services got severely impacted in March. Do we know what’s the count this time? Also, what product lines?
Meeting with SF and Duet
Not giving much details (not that I have many) but have any other orgs received meetings with SF and others tomorrow/this week? I’m tired boss.
Severance makes it bearable
I'd rather not get laid off, but with decent severance I'd manage. I've seen plenty of jobs out there. The market's not as dead as some folks are making it out to be.
Anyone been notified today?
Do you know someone who has?
Couldn't sleep
I'm not sure I'll be able to do anything today. I tried sleeping but I'm so nervous and over-stressed that I couldn't. I'm honestly not sure how I'll make it through the day, especially if cuts really do continue. My team was not affected yesterday... — read more
Unused PTO Not Paid in Severance
I am hearing that the severance does not pay out unused PTO. If true and if others can confirm, then use PTO as you accrue them.
The stress is unbearable
The amount of stress this company has caused in the past year to me and my colleagues is unbelievable. They expect us to work as if everything is ok, while hearing every couple of weeks that someone is laid off. Today has been an especially... — read more
Sitrep
What areas and products were hit?
At least you got severance
If you were laid off, at least you get to walk away with severance. The rest of us are stuck with more work, higher expectations, and no extra money. I'm still praying to be notified.
Was there an all-clear?
Or will there be more throughout the rest of the week?
Fis stocks
I invested 160k in espp for past 9 yrs in this stupid company. I am sitting at a loss of around 80k. Do we see any little ray of hope where at least I come out of no profit no loss Avg price per stock is 81$
Don’t Mistake Silence for Security
According to my SVP, the workforce reduction actions implemented in this round did not achieve the level of cost savings Stephanie had targeted. This action was largely driven by a forecasted revenue gap over the next six months, combined with the... — read more
Banking LFI - zero understanding
post show up and deleted 1 min later? WOW 1) LFI moves out of PS into tech dev- core vs implementations 2) let go all core teams -what’s a core product? 3) acquired a new company to replace current product - but RIF 4) change operational structure to... — read more
Make it make sense
D1 LFI moves out of professional services to tech dev- how is implementations part of tech dev? They create value streams - which no one understands. They act like implementations are core team and change everything to d1 teams to operate as such-... — read more
Did you get email from Don Duet
Got an email hour back, wording is weird “If you are reading this and your role was not impacted, I want you to know : I do not take your for granted.” Are they sending this people who are rifed or to people who still have Job or both Weird email... — read more
Don DoNothing - CTO's First Dialogue
This clown really writes this end of day, while they leave executives and senior management in place with absolutely no clue of what they're doing, canning some actually decent people today who were helping the organization which they canned on a... — read more
To Execs and Mgmt and Board
We know someone is reading this...I heard today "this is the last one this year" this is the 3rd time this year I have heard that. That is why you are not trusted. It is that simple. You don't tell us the truth over and over again. This is the... — read more
Pre-recorded massage
Can it get any more disrespectful than that?
This is embarrassing!
How on earth do these people sleep at night? Is this the legacy SF wants to show her children? What a soulless bunch of fools driving this ship. May they ALL someday know the pain that they’ve cause all of us…
Total confusion.
So I was part of the group on March 22 that was RIF’d but then forced to stay working until end of June and then quickly extended until end of August. It seems like the people RIF’d today are done as of today. I want that deal! Trying to stay... — read more
What kind of severance are you getting?
Heard about the layoffs today. I am sorry this is happening to you. Can you kindly share how much severance is FIS giving?