Yes, lot's of companies are announcing layoffs But can anyone really understand our org structure? What the end goal or strategy is?

Keep an eye on the waning demand for Labor generally and be prepared eg with resumes and maybe even retraining. Bloomberg today: It’s only the third day of a much-feared month of September and sobering US economic news is already piling up... — read more 

If your team is affected, they're counting on you taking over the work of those who were laid off. That work is not just going to disappear, and they concluded that the rest of the team has room on their plates and can do it. And we all know how... — read more 

https://x.com/TheLayoff/status/1963401909160607779

In previous layoffs, did it usually affect the more experienced, long-tenured employees, or were the newer joiners typically the first to let go? Curious to hear what others have seen in the past.

Heard from a reliable source that mid level leadership and directors are being let go at value added services in droves. No direction for reports as to where the chips will fall.

This is literally my first job after graduation, not sure what to expect or do? Will these cuts hit the university program?

Right-sizing is not about cutting back. It’s not about loss. It’s about clarity, focus, and positioning ourselves for the future. Think of it as shaping a high-performance team where every role, every resource, every process is aligned with where we... — read more 

I know today and the next few days have and will be hard. The way this company is behaving is irrational; the colleague experience is not at the forefront of their minds nor the client experience that is preached about. Although they are preaching it... — read more 

Otherwise, I wouldn’t be nearly as worried about my job here, or about any of us finding new ones soon. We’re so cornered, and it’s a terrible feeling. Good luck to us all.

Layoffs seem massive, and we’re all on edge.

Those I know who have been included in previous RIFs got their 1-1 invite first thing in the AM. However, with the large number taking place today, I’m wondering if making it through the morning is still too soon to breathe a sigh of relief?

largest layoff in FIS history. Directors, Senior directors, grunts like me, etc... maddening.

Is there time to grab your personal items?

Were there any layoffs today in APAC/EMEA so far?

Which areas?

Dose anyone having any updates layoffs started India offices?

Not a creature stirring on the 13th floor, unless you’re counting the McK consultants. Because pretty soon that’s all that will be left. Stephanie in her ‘kerchief, and Bob in his cap, Had just sold their shares for a long winter’s nap…as lord... — read more 

If someone has the information, could you share what the end looks like? Is there a notice period offered and then the severance? Or are they letting people go on the same day right away? Worried about tomorrow and what that might look like...

Might as well enjoy myself in this remote meat grinder. Cheers!

No matter what happens tomorrow (September 3rd), please know that your value is not defined by your job. Be kind to yourself if you are given a severance package, and still be kind to yourself if you remain at FIS. Rarely does anyone choose to be... — read more 

Can anyone confirm if the goal is to reduce the work force to around 30k employees? That would mean a major layoff compared to the current staff size. I came across a comment about this and wanted to see if anyone senior here can confirm this... — read more 

A social event scheduled for 3rd Sept over in the London Walbrook office has just been cancelled. Could be ominous.

However the dice might fall for me. The stress is unbearable.

Hey guys, I think the title pretty much explains it. You won’t be left jobless you would be jobless and carless so hoping getting an enhanced package.

I keep telling myself to stop thinking about it, but I can’t. I’m scared for my job and what’s coming. Haven’t even told my family yet, I don’t want to put this weight on them too. I just hope somehow this ends okay, for me and for everyone who’s... — read more 

Something quite sus going on, as they kept moving this call and now it falls on the dreaded date. Don’t know what to expect as they haven’t shared much info with us “regular” employees.

The cuts coming on 9/3 are in direct relation to the Q2 earnings call. The RIFs on 9/3 are going to be larger than previously expected because SF has asked her directs to pull forward the RIFs related to “2026 Org Health” targets that were supposed... — read more 

I thought this was funny. All I did was ask is Stephanie Farris liked? — here’s the unfiltered version of why a lot of people dislike Stephanie Ferris at FIS: • Worldpay Disaster – People feel she was part of leadership that massively overpaid... — read more 

This is the next meeting where they talk about the new portfolio model and yet, there is no info on what the structure will actually be. Will we be notified only on 9/3 if our leaders were let go?? The layoffs on 9/3 and the portfolio model must... — read more 

Is anyone else just holding their breath until next week’s layoffs? This past month has been one of the toughest I can remember. As a Director, I couldn’t even enjoy my holidays this month. I keep putting on a brave face for my family and my team... — read more 

Over the past year, what has actually been delivered under CDAIO leadership? All I see is endless discussion on netting without meaningful progress. Meanwhile, resources keep going to external consultants and tools that don’t seem to move the needle... — read more 

Anyone at the town hall? This whole idea of activating AI agents and digital workers, while at the same time saying “w know you guys will be here for fifty years” implying this is the last company we will work for (because it’s great). Man, what an... — read more 

FIS has developed a structure where the ratio of management roles far outweighs the size of the actual technical teams. Over time, this has led to many highly skilled technical contributors leaving the organization, while a significant number of... — read more 

With the org saying they are laying off 500 director levels and above. How many do we have at the moment. In my mind the ratio would be 10 reports to a director. 5 directors to a VP. 5 VPs to a SVP. An SVP would then have 250 subordinates. This is... — read more 

I miss those days.

Is this confirmed? the next RIF announcements are 9/3 this is the company wide big one at mid and upper management levels OP: @a5+1k36et84k

Does anybody know what's happening?

FIS Acquires Amount - Thoughts? They are so pathetic where they refuse to build internal initiatives toward Cloud and AI, they acquire yet another company just to pull them down and leave them in limbo just like they are doing to Dragonfly right... — read more 

I haven’t heard anything. Nothing’s happening on my end so far. Here’s hoping the rumor was unsubstantiated.