Thread regarding Fidelity National Information Services Inc. layoffs

Fis leadership is a joke

One of my colleague and I was terminated on March and 30th June was the last date. I left fis today and my other colleague got in to some other team inside fis even the skills are not matching and the work isn't related at all. I am wondering how the hiring manager and the leadership approve such things to happen!! This is just terrible place.


by
| 2 views | | 4 replies (last 1 hour ago) | Reply
Post ID: @OP+1kwdcs8vv

4 replies (most recent on top)

@hb - you're correct, this place has some of the worst managers in the IT world. They’ve created a little clique of spoiled favorites who get everything, while the deserving folks are left out. Such a shame.

by
| | Reply
Post ID: @hz+1kwdcs8vv

The reality is, the current state of leadership at FIS cannot merely be characterized as ineffective; rather, it is entirely nonexistent. The organization nowadays operates with a profound lack of strategic direction, functioning like an vessel without rudder drifting toward an inevitable and catastrophic demise.

Critical Evidence of Mismanagement

  • Catastrophic Execution of Layoffs: The recent, poorly coordinated termination of over 2,000 employees highlights a systemic failure in corporate planning. Retained staff have been left entirely unguided, stranded within dismantled business units without operational objectives or leadership directives. Worst yet, these employees are now left with scars and in a mental and physiological state that will prevent them from performing their duties to their fullest once and if they become available. Capital One ads puts it best.. What's on your Mind?
  • Reactive Corporate Strategy: Operating under a reckless "fire-aim" methodology, executive management has failed to provide a viable roadmap forward, leaving the remaining workforce in a state of prolonged ambiguity not to mention high stress and low morale.
  • Corporate Nepotism and Convenient Headcount Creation: Following major workforce reductions, influential managers and directors routinely manufacture redundant, unwarranted positions out of thin air in order to shield preferred colleagues from termination. This practice not only places unqualified individuals into fabricated roles but undermines business true needs.
  • Severe Internal Conflict: These arbitrary appointments directly conflict with existing, high-performing roles held by highly qualified personnel. The result is a toxic internal power struggle that completely derails productivity.
  • Absence of Meritocracy: Retention and termination decisions are governed strictly by political capital and personal networks, entirely divorced from OKRs, objective business data, performance metrics, or fiscal responsibility.

The pervasive internal chaos at FIS serves as a critical portent of operational instability for existing and prospective corporate clients. For the personnel remaining within the organization, immediate external departure on your own accord is strongly advised. Folks should proactively seek new opportunities immediately, rather than waiting for the inevitable, non-negotiable termination meeting call.
This is not the FIS of yesteryear's, this new FIS is structurally compromised and rapidly declining while hitting rock bottom at $38 per share, it is ready to be picked up by one of the other fintech true players just so it can be scraped for parts.

by
| | Reply
Post ID: @hb+1kwdcs8vv

@b5 anything can happen at fis. Folks who got terminated in March can get two months additional extension but the folks who got impacted in June has lost all the access in 1 hour. There should be some corporate standard but this is fis.

by
| | Reply
Post ID: @ce+1kwdcs8vv

I mean, part of is who you know, not what you know. Right?

by
| | Reply
Post ID: @b5+1kwdcs8vv

Post a reply

: