In the so called survivor meeting, they claim Cognizant is excellent partner (which is a TOTAL JOKE if you know what WITCH companies are). And they claim scaling up and down will be easier (scaling up is hard, scaling down is easy). They can fire... — read more 

They are answering their own BS questions... Not a single question from the audience. And I have never heard such absolute nonsense, complete gibberish

Yep, couldn't sleep all evening with this in the forefront of my mind. Assume this to be a similar state for many of you... Wishing us all the best, yet not sure a decision can be adjusted at this point...

Many investors want to exit their positions in FIS, but most of them are currently down by 30% to 50%, and some even by 70%. Because of these heavy losses, they are unwilling to sell at this point. What investors really want is either a strong... — read more 

Cognizant generally allows a 35-day bench period for employees to secure a project, often followed by a 6-10 day grace period or extension notices. Once bench time exceeds 45 days, employees enter a "risk zone" and may be asked to initiate voluntary... — read more 

The high number of RIFs and poorly run ‘transfer to contractor’ (a clear RIF later but without severance) are both obvious signs of a company about to collapse. I blame the board and I blame senior management for letting it get this bad. The share... — read more 

The recent job title changes were not a coincidence - these were done to setup an easier transfer of staff to Cognizant.

https://www.duanemorris.com/alerts/it_firm_found_liable_intentional_discrimination_against_class_terminated_non_indian_1024.html Getting sent to this company is the same as being terminated.

For folks being pushed to accepting a job with another company. If your employer has consistently paid severance to employees in the past, in a manner that led you to reasonably believe severance was a part of your employment arrangement. You will... — read more 

Many of the posts have views in the 3000 plus range today alone. It seems that people are sharing this site. There is power in sharing accurate information. There is another call tomorrow. Would someone attending please post about it? Be kind to... — read more 

That was a particularly sh---y thing to do. It would seem that there were many long term employees eligible. Someone did the math and decided to create a plan to avoid paying it. At the very least, the severance took some of the sting and created a... — read more 

No matter how often you refer to us as “resources”

FIS strategy has shifted to AI-first, instead of people matters. No matter if AI is just an excuse for cost reduction or not, if you're safe today, don't get comfortable, prepare your Plan B or Plan C. We as a tech company, as long as your job is... — read more 

I'm tired of working here anyway.

After the worst day working for this company in over 10 years I want to know how many VP's are losing their jobs? I am a 'lucky' one and am staying as an FTE but I feel sick about what has happened today and the spineless way the VP's handled the... — read more 

Over the course of the last year, I watched as my friends were blasted away. A feeling not unlike sitting in a trench, the sirens begin, foxholes are filled, and some unlucky chosen never make it back. While dramatic, this is the feeling I get with... — read more 

My SVP told me 1k employees will be RIF’d and 1k will transfer out. There will be a phased approached to more in 3 months time when transition has completed and more expected then OP: @a3+1kmgk61vh Just came across this somewhere in... — read more 

I don't want to move to Cognizant. I'll quit. Which I know is playing right into their hand, but so be it.

Anyone know the numbers?

Yesterday we understood from the call that EVERYONE in the PS,CIO , DEV (except a few people) will be moving to 3rd party companies or let go, but today many people from all impacted groups are already retained, was this poorly communicated or they... — read more 

Need a class -action lawsuit against these id--ts! FIS mgmt. should be the folks leaving not the hard working class. I am betting we'll be forced to accept roles with Cognizant to keep a paycheck coming in only to get sc--wed within a year from now... — read more 

Well guys, should we consider unionizing now or wait until they either outsource all of our jobs to India or replace us with AI

For those not attending, what is the news? Best of luck all around!

everyone (USA only) massively applied for a Family Medical Leave Act, Leave of Absence (FMLA LOA) first thing in the morning? It's just a suggestion. It would need to be done via the MetLife website. Kinda kidding, kinda not.

https://x.com/TheLayoff/status/2036229227444642008?s=20

At what point do they get rid of the Stephanie and her people? The stock is down 33% in the last year, 66% in 5 years. 2/3rds of the company disappeared. This company is going down the drain, are they not seeing it or what??

Good luck to everyone.

I swear I'm so over this place. It's better being laid off than having layoffs every few months. It's wracking our mental health. It seems like it's never enough anymore. There's always a need to cut even more people. I'm not sure I can last in such... — read more 

Hearing from management that there are expected to be riff's this week and that all area's of the company are in the scope.

There was a very disjointed and brief call today, with no questions allowed to be asked, stating FIS is going to outsource almost all parts of the business.

Pick one.

Is anyone enjoying their breaks?

As we are now officially without the CTO... is this the last moment to leave this company?

That is within the last 52 weeks. The YTD is -25.24%.

That’s it. That’s the post.

No actual information, just trying to keep the party going. Overheard it the Ladies Room, from one of our hard working maintenance people. They probably know more and are better prepared to run this business than anyone in the C suite. (Absolutely... — read more 

What is happening tomorrow?

https://h1bgrader.com/h1b-sponsors/fis-management-services-llc-v82w1mdx01 FIS is replacing US employees with H1B visa holders.