not best moves by the executives. but nobody cares, right.
Low stakes, but illustrative example
In a particular work group this morning, a detailed email was sent out instructing team members on how to handle complicated work inquiries. There were bullet points and seven different email points to use. This was done, allegedly to improve... — read more
Our Company uses FIS & it Su-cks !
IT programmers makes tons of errors. So slow. Technical glitches. Poor processes. Overbilling. The overall total value su-cks. For those who are insiders, why is it so bad and what am I missing ?
FT surprise
Oh people are going to be surprised once the news from FT drop. If someone wants to share in detail please be my quest.
So many rumors, no confirmation
I'm starting to go crazy trying to keep all the rumors sorted and figuring out what could be true and what's definitely not. It's exhausting.
Bankruptcy when?
FIS is on its way to bankruptcy. Norcross ran company by M&A and hiding the financials. After WorldPay disaster, FIS tried to fool Wall St. by acquiring Global Payments. But deal was leaked and did not go thru. This company is built on Financial... — read more
So many issues
The problem isn’t just one bad decision. It’s weak direction, poor follow through, and leadership that doesn’t inspire much confidence. Does anybody actually still see a future here?
Merry Xmas to all who got transferred to Cognizant
Under terms FIS is going to pay markup on existing salaries to Cognizant. The usual contract is for 6 months and 30 to 50% markup. Around X-Mas time, 6 months contract time will be coming to an end. FIS will say bye bye to all of you. Cognizant... — read more
Lawyer to contact
Please contact following if RIFed or transferred to Cognizant https://straussborrelli.com/2025/07/15/fis-global-warn-act-investigation/
FIS Bingo
A good project for a long holiday weekend would be to create FIS Bingo cards. What are the endless terms, names, even phrases that have been used to beat employees to death in meetings and emails. Or meetings that should have been emails. Go ahead... — read more
No H1B laid off
FIS has been preserving the H1B visa employees. The team had several layoff of US citizen and some were transferred to Cognizant, but all employees on work visa were left untouched. Apparently FIS loves Indian origin employees
Useless company to work for. FIS vs META
Meta management was so professional in reducing workforce. Direct RIFs. No Cognizant kind of gimmicks. Immediate termination. No KT required. FIS management is playing games with employees.. some given severance, some transferred to Cognizant to... — read more
FIS Reign of Te---r drags on
Some Senior Managers were laid off today. They are cutting deep, one deserved to go.
March Layoff Numbers
I was one of the unlucky/lucky ones that got laid off in March with a Termination date of June 30th. Does anyone have any idea how many employees were laid off in that last round of RIFs in March?
Layoff occurs at least monthly
I know some people got laid off last month. I got laid off today. My official termination date is 6/3, so they gave me two weeks' notice. I will receive my severance pay twice a month, just like my paycheck, and three months of COBRA. I have been... — read more
How does everyone deal with the sheer exhaustion of FIS?
The fatigue is so difficult to manage. The constant shocking twists and turns. How does everyone manage?
FIS: Cloud Academy Skill Builder .. why?
FIS is making fool of US based employees by providing Cloud Academy or Skill Builder etc. The management has made clear that all the hiring will be done in India/ Philippines. US based employees can spend time in learning, but they will never get... — read more
FT and IAN
I wonder how he feels now that FT took CS back and will likely take everything else back. I remember that he was preaching this as a huge opportunity and saying that it will be great. Well...
Rumor?
There is no truth to any rumors
FIS Management: Beyond belief incompetent
I know several employees that have been given date of June 30. They are doing zero work. In short FIS Management has given them paid vacation. The intent was to save money, instead management is doling out free money
Managers speak
It's been so helpful when managers explain processes in this debacle. It's a risk for them to do so, but it is much appreciated. The struggle here is real, your perspective is invaluable.
July 2026
What we can expect in july? Another big wave or all done?
Remote
New comprehensive data shows - Millennials: who currently power our business and economy - prefer fully remote roles. With AI, etc. there is zero reason to sit in a loud environment on teams calls - this pertains to majority of roles. Wake up... — read more
Considering offer
I have an offer thats paying 20k less and its in person. considering taking it for sanity. someone talk me out of it. all things considered, I can afford the salary hit with relatively little changes other than amount saved.
What platforms work, if any?
I've been applying for months through the big job boards and getting almost nothing back. No calls, no interviews, nothing. For those of you who've been laid off and managed to find something, which platforms actually worked for you? I need to change... — read more
Severance Packages
What are the severance packages looking like now? I don’t see the policy. I couldn’t find the updated version of the last one that was up with the formula. Any help would be appreciated. Planning around potential future layoffs
Mandatory participation in Copilot Programs
What's everyone's thoughts on being pushed to participate in Copilot usage programs? Seems like we are being asked to train the AI before the next RIF while being offered "space exploration stickers for our logbooks" for our participation. I am not... — read more
bye bye FT
CS was just the beginning. CO is next, and the plan is obvious - shift everything to India. It’s coming faster than people think. Mark my words.
What happened to career growth?
The way things are looking right now, the only way I can grow my career is if I quit and go somewhere else.
FIS staff deserve to be outsourced
Worst technical staff. Business Process Analyst have zero knowledge to analyze business processes. If you ask question, they try to bluff you. Software architects are even worse. They just throw big words, without understanding the meaning or... — read more
What's the worst thing your boss has done?
I'll start. Mine took credit for a project I led, got a bonus for it, and then blamed me when something went wrong six months later. I hate that man.
Fintech living in the past
It seems oxymoronic, doesn't it? When asking for updates or other changes, the answer is no, every single time. Even when requesting changes to efficiency or just plain common sense. No, that is not desired. Just. Plain. No.
Stock going $25
FIS stock is trading at P/E of 60 Peer competitor FIServ stock is trading at P/E of 8. In short, Institutions are holding the price, selling to retail. FIS employees buying ESPP will ultimately become bag holders. Based on whatever is going on with... — read more
Cognizant salary Limit
Someone told me that Cognizant did not hire him as his salary was too high. FIS wanted to transfer him. So ultimately he got riffed. Is there a top limit cognizant is hiring FIS employees?
Are we safe now?
With the whole Cognizant thing done, are those of us who're left behind safe at least for a while?
44% in a year
The stock fell 44% in a year. 33% in the last 6 months. This company is going down or getting sold in the near future.
Lack of confidence vote
Jeffrey A. Goldstein, Nicole Anasenes, Mark Benjamin, Anil Chakravarthy, Kourtney Gibson, Lisa A. Hook, Kenneth T. Lamneck, Gary L. Lauer, James B. Stallings Jr.…. This is lack of market confidence in your CEO. You put Gary, Jeff, Frank in same... — read more
Sell the company off - this is a joke
Board and Leadership should be ashamed
Emerald conference Anthropic partnership
Whats the deal with the Anthropic partnership? How's its gonna be funded?