Thread regarding Fidelity National Information Services Inc. layoffs

It’s hard to stay motivated watching this unfold.

The stock is down 34% in a year and 65% over five years. Meanwhile, inside the company, we’ve lived through constant restructures: minimal pay rises, responsibility changes, de-levelling, demotions, removal of ratings, mass exits, elimination of People Partners and leader support systems — all under the banner of “transformation.”

Experienced talent keeps leaving. The people who knew how things worked are gone. Morale has taken hit after hit.

At the same time, the company has spent multi-millions over the past three years on external consultants to define strategy and redesign the operating model. As employees, it’s fair to ask: what has that delivered? Because from where we sit, strategy keeps shifting, products are launched with big promises and then fade away, and priorities change before anything has time to succeed.

Now we have a portfolio/solution structure that many are still trying to understand and explain consistently. That lack of clarity shows up with clients.

It feels like the people in the middle — managers, delivery leaders, client teams — are absorbing the impact of decisions made far above them.

This isn’t bitterness. Many of us care deeply about this company and want it to succeed.

But at some point, accountability has to apply at the top too - something should be done - the CEO, CPO, CFO, CCO all need a change in career.


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| 3995 views | | 22 replies (last February 16) | Reply
Post ID: @OP+1kh7evgyz

22 replies (most recent on top)

The portfolio solution org rebrand is so d-mb. Lots of confusion, Zero added value, big McKinsey bills for dreaming it up

Reorg by messaging. This leadership team cant lead or execute.

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Post ID: @wp+1kh7evgyz

Fu-k em

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Post ID: @qz+1kh7evgyz

@hy except that they don't. How many projects are hung out to dry because no one will commit?

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Post ID: @j4+1kh7evgyz

@hp imagine if the Mckinsey money had been used on new systems? Or are the Mckinsey consultations just an excuse to delay the inevitable? "Stephanie, why is this company failing?" Orders new study.

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Post ID: @j3+1kh7evgyz

@hq there is nothing nimble about this company. it is impossible to get anything done
everything has to be approved at the top of the house

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Post ID: @hy+1kh7evgyz

Don’t forget the 28-30% headcount reduction in 2 years

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Post ID: @hs+1kh7evgyz

Why is FIS share falling?
AI Overview
FIS stock is dropping due to persistent investor concerns over slower revenue growth, missed guidance, competitive pressures from nimbler fintechs like Stripe, and strategic challenges despite some recent positive steps like free cash flow increases and "leadership changes", leading to a significant decline from previous highs. The stock recently hit a 52-week low as analysts note market pricing in risks despite potential, with major drops following disappointing forecasts in late 2024/early 2025 and ongoing sector-wide sentiment.

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Post ID: @hq+1kh7evgyz

It’s hard to watch shareholder value erode under leadership that treats technology as a buzzword rather than the backbone of the business. When CEOs and C-level executives lack a fundamental understanding of modern architecture, digital transformation, and execution risk, strategy becomes slideware instead of substance. Poor technical oversight leads to bloated initiatives, missed innovation cycles, and reactive decision-making — all of which the market quickly punishes. Stock prices don’t fall by accident; they reflect a gap between vision and competence. Leadership at that level isn’t just about optics and earnings calls — it demands real technical literacy, accountability, and the discipline to align strategy with execution.

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Post ID: @hp+1kh7evgyz

The leadership has been clueless. All the consultants in the world can't help poor and incompetant leaders.

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Post ID: @f4+1kh7evgyz

FIS is simply chasing the next "new" shiney object. I see a bunch of very cool PowerPoint slides with lots of fancy words. But I have yet to see an execution strategy. FIS likes to talk but cannot come close to executing. Anyone remember the old IBM commercial where the consultant hands the CEO a strategy. CEO says that's great, when can it can done. And the consultant says "Oh, we don't actually so it.

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Post ID: @eb+1kh7evgyz

@dc you don't need AI replace c-suite here.
"enablement, transformation, alignment, synergy, agility, okr, harmonize..."

there i just saved us millions of dollars in mckinsey consulting

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Post ID: @dr+1kh7evgyz

In my eyes this appears to be an inside job. I mean, selling WP, taking over as CEO for FIS, reselling WP for another multimillion dollar deal…Wonder if her daughter was left in Cancun again to complete these deals?! “How did I do?”, talk about someone who is supposedly a leader needing to ask this after every Town Hall or meeting? Talk about zero credibility or confidence to run any business.

Now the stock is completely in the sh----r and Mrs. Ferris is still at the reigns with Mr. Toohey having way too much power for someone in HR…She still has that golden parachute if removed as CEO…so?? What a complete joke; SF has no business being the CEO. I wouldn’t be surprised if the stock is being tanked for a fire sale.. Great job “Fintech Leader”….

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Post ID: @dn+1kh7evgyz

@b4 It pervades deeper, where promises are made to clients without any discussion of feasibility or adherence to standards all over the place.

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Post ID: @dm+1kh7evgyz

@d0 In my job, we are already in the business of automation - the only thing left is menial tasks where automation tools have been taken away. AI can't plan for bad specs, unanswered questions, enforcing existing standards, etc.

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Post ID: @dk+1kh7evgyz

First thing we should be using AI for is to replace useless executive leadership and management. One thing they don't realize is AI can replace them a lot faster and easier then good Engineers, and it takes Engineers to steer AI, so who's gonna go first? Start vibe coding management platforms and executive replacements.

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Post ID: @dc+1kh7evgyz

"Use AI, use AI, think of uses for AI. Be more efficient by using AI. Make your whole team use AI to speed up admin tasks.."

We hear that for 18 months
Then

"Congrats, you're more efficient, you don't need those two guys there do you..."

Then

"AI features have been disabled until further notice".

WtaF

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Post ID: @d0+1kh7evgyz

This company could be a business case study of what to do if you want to destroy a company in three years. SF has been CEO since 2022, and has gutted the company’ talent.

Teams are taking on more work. Our team has now absorbed four other teams work without any turnover or support.

I personally will not put my mental or physical health before this company again. It almost ki-led me once, so I switched jobs.

Time to start looking out side of FIS as this is only going to end in disaster.

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Post ID: @cm+1kh7evgyz

Surely it can't continue like this indefinately.. We all see what the OP mentions. Managers and staff alike see that the emperor has no clothes, but SVPs, execs are too afriad to tell them..

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Post ID: @bw+1kh7evgyz

OR you could just use AI for everything and get a 20% raise!

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Post ID: @bk+1kh7evgyz

@ad FIS is the bad boyfriend who keeps disappointing you no matter how hard you try. You cannot love him "deeply" enough to make a difference. FIS is a malicious narcissist. Handle accordingly.

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Post ID: @b7+1kh7evgyz

@OP the disconnect between the frontline and those in the C suite is light years. They have NO IDEA what it's like to have to implement these fantastical changes that they dream up. Armed with spreadsheets, they make determinations while those handling clients are being ripped to shreds on the daily. Taking those arrows in the chest for the length of time required (eternity?), is brutal. They should have to pick up a phone or handle an interaction to see what is really going on. They won't, but they should.

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Post ID: @b4+1kh7evgyz

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