An entire unit in Hawaii closed. 200 plus and Alabama. Individuals with a decade or more experience disappearing from Jacksonville.
No broad communication to employees, just random events. There seems to be plenty of business, so maybe it's just a result of the current economic downturn with inflation, DC warmongering and lack of oil production. The company has a tendency to become extreme and fatalistic and embrace the worst possible path, like an illegal vaccine mandate or your fired. So I wouldn't be surprised if they don't go all in and say, "Hey, we're living in the Jimmy Carter era reborn, let's just except this reality and slash/gash our workforce to the core as we set ourselves on fire and hurl out the windows!"
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Get rid of the board of directors and all the executives involved in stealing company funds as bonuses and golden parachutes. Employee owned model is best. FIS is 86% owned by hedge funds so the top execs are happy to steal while they can.
With any luck, there will be additional layoffs. Too many employees of the 60K+ treat their jobs as if they were under the employ of the federal government and have assumed a sloth-like approach towards progress. This approach only hurts EBITDA and PPS. The C-suite needs to swing the axe again. BE BOLD.
No need for that many employees with most of our products going away. A recession is a great excuse to eliminate employees. Meanwhile the CEO compensation is INVERSELY related to stock price.