My guess is when FIS ends your contract with Cognizant. That means FIS sc--wed you twice !
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I actually would rather go to Cognizant. With 360000 employees I would immediately try and get a role away from FIS. They have at least 50 open roles in my area so I’m going to apply to them as soon as I’m there. Anything is better than FIS which will probably be bankrupt in 2 years
@bf I just hope people are consulting with employment lawyers before they sign anything
Franklin Templeton tried the same thing with FIS, they contracted their Transfer Agency out to FIS, they were promised a savings and a smooth transition invisible to their financial professionals and shareholders, look how well that turned out? Now, there is a race for Franklin to hire back employees to staff their "takeback" when FIS could not deliver. When you try to save money on tenured staff, it never works out. Saving money on the people who produce your product and treating them shamelessly is a recipe for failure all around.
I think until the KT is done.
@bf Cognizant is supposed to be 1 year.
I think FIS committed to these vendors for the next five years - at least that’s what Zensar announced. It's tough to see how Cognizant or Zensar could find better people for the job than ex-FIS employees. If they didn’t want you, they’d just RIF you right away. To me, this looks more like 'cooking the books' to manage the financials.