FIS is preparing of next wave of layoff before Oct 16. The target is to have lean middle management. Non technical managers in IT services are being consolidated. Each manager will have at least 2 teams. Next 30 days, the managers are asked to provide details of projects they handle.
The projected number is 1000 employees. This is last layoff event of 2026. After that- blackout period starts where there will be no changes due to holiday season.