Is there any info on layoffs for former TSYS employees?

UNITED STATES DISTRICT COURT MIDDLE DISTRICT OF FLORIDA JACKSONVILLE DIVISION Case No. 3:23-cv-252-TJC-PDB IN RE FIDELITY NATIONAL INFORMATION SERVICES, INC. SECURITIES LITIGATION Honorable Timothy J. Corrigan Honorable Patricia D... — read more 

Sorry if this has been answered in a previous post, and I've got a couple of questions that I hope someone can answer. So we work like normal for the final 90 days, in addition to the standard salary for these last three months, will we get... — read more 

I am going to enjoy life till June 30th. Not going to train my replacement. All my skills will go with me.

FIS Managers are going to provide severance to their buddies, Then those buddies will be hired directly as consultants with FIS. If you are not in good books with your managers, they are going to transfer you to third rated staffing company... — read more 

I can imagine how everyone feels, especially the veterans. I'm still here, but it doesn't really matter, does it? They can drop more of this on us anytime. We're being betrayed by a company so many of us have given years to. I'm saying this knowing I... — read more 

Has anyone received a response after submitting a question to Cognizant? Or, has anyone had a one-on-one with them? How did it go?

How were the chosen people selected to move vs stay? I’ve seen people with the same job title go in different directions while they do the same thing.

ANSWER (from the transition paperwork) Cognizant has partnered with FIS in part for its talented resources—-you! As looking for other opportunities within FIS could impact our partnership and service delivery, both Cognizant and FIS have agreed to... — read more 

I am in the transition category. I went through a roller coaster of emotions. I am exhausted. I know many feel the same. I feel in a way cheated being "offered" to transition to new company versus severance. For those who were laid off are you... — read more 

Has the latest round definitely wrapped up? I'm hoping we can get back to normal work without constantly wondering who is next.

Does anybody else feel that this whole thing has class action suite written all over it?

Reading the flurry of posts here is tough for me as I'm sure it is for many others with survivor's guilt. Can't help but want to leave ASAP from this sinking ship. FWIW, here's what I learnt about the situation today (some of it repetitive of what's... — read more 

Check out the SEC sales on C level stock sales. Even the President is selling her shares while touting that everything is just fine. For Shame! Millions and millions people! https://www.investor.fisglobal.com/financial-information/sec-filings/

Seeing a lot of confusion today around a meeting titled “Regulatory Hub: Client Summary”, large group invited, many people replying they don’t know why they’re included. Given the recent org updates, people seem a bit on edge. Anyone know what this... — read more 

Yeah, it was and remains awful. Take care of yourselves first, just like the airline safety instruction. Take a couple of days to process, and make a plan that suits you best. Sending out peace and strength. If you have time to wring out everything... — read more 

I’m shocked that they just bought another company when they have said publicly many times they will stop for a while (they just bought a new one last week) How is the ceo able to say one thing in earnings and within a month do the opposite

Yes, I am “safe” but I am sick to my stomach how all this was handled but yet nothing in the news. This should be all over the news, FIS should be on a shame of wall for the way they handled things! Please someone who was affected…please call the... — read more 

Will there be layoffs for TSYS employees?

Should we expect that literally ALL teams within CIO, Tech Development, and Professional Services will eventually transition to contractors or be phased out, or are there certain products or teams that are intended to remain in place much longer... — read more 

If the employee has been with company for 10 years and transferred to Cognizant, do the employee has option to reject the offer? Will FIS pay severance? or will it be considered as at will resignation?

As I understand, they lay off a bunch of technology teams/devs etc. that support apps and products. Who is then going to work on those? Do they purposefully want to ki-l those products and not offer them to clients anymore? Or do they really hope... — read more 

I don’t want to get my hopes up, but I hope this is legitimate https://www.nlrb.gov/case/18-CA-382050

It's my understanding out of Jacksonville a new wrinkle comes out next month. If you are not at 85% of calendar Q1 goals 30 day PiP's will be handed out. They will be aggressive in nature. They are trying to squeeze as much revenue performance out of... — read more 

Yahoo Finance, CNBC, Fox Business, Market Watch… none have news about FIS layoffs of employees. Meanwhile there’s news about FIS CEO buying $1,000,000 worth of stock and FIS issuing billions of dollars in debt obligations. Goldman and Wells Fargo... — read more 

I am hearing from people that Stephanie Farris purchased a large amount of FIS stock Monday, the day before the layoffs happened. Has anyone else heard this?

For those of us scoring at home, acronyms can be challenging while reading posts. Would other posters be kind enough to spell out the department names? Please? Not everyone knows every department. It would be a kindness. Having said that, what is CX... — read more 

The leader who seems to be behind this was employed by this contracting company. Check out his LinkedIn.

Now this post makes way more sense https://www.thelayoff.com/post/@OP+1kj0wrf4j

It’s important to always keep a Plan B. These days, AI is reshaping many roles across the job market. In the case of FIS, the situation is different—they’re facing internal challenges and financial pressure, which is why layoffs are... — read more 

Nothing says ‘role eliminated’ like replacing it. Got the news today, Director+ leadership cuts still rolling (not PS/tech dev outsourcing) but yet intend to replace!

Like others said, it’s just another way to get booted later. Je-king us around.

How does that even work? Explain it to me like I'm 5, please.

I am hearing from multiple sources that half of FOS was RIF'd along with over 600 developers between the FIS banking core systems.

I can't wait for town halls in other departments where the management will somehow explain how this is good for the company and the people, how great of an opportunity this is. They will of course address all the questions submitted by us

Real leaders own their mistakes. Ours just deflect and hide. The people running this place have no clue what they're doing and we're the ones paying for it every single day.

If it is true that people who decline the offer to move to the partner will not have an opportunity to collect severance package, how is this legal?? Has anyone reached put to an attorney? The handbook is very clear…you are not eligible for severance... — read more 

Nothing says “ask me anything” like the “organizer has disabled new discussions, and responses” and chat has been turned off by the “organizer for everyone” Sounds like the long-term plan is to completely get rid of professional services

How many are planning to quit rather than being transferred? I see several people mentioning that's what they're going to do, so I'm just wondering how prevalent that is.