Thread regarding Fidelity National Information Services Inc. layoffs

Fire Stephanie Ferris!

Since taking over FIS, she has been paid on average 20m a year in total comp but the stock price has gone up $6 from accelerated CEO date of December 16, 2023 to September 10, 2025. In the meantime, she has paid millions of dollars to third party consultants to do her teams job. She has gutted the company. Moral is at an all time low. The Accenture savings and performance has been less than expectation. AI for finance has been minimal. Her CFO hates the company and Jacksonville. Her CAO hates everyone. Both ruined Boots and Hertz. The amount of severance money into blind layoffs could have been used for product development and improved sales team. Her only meaningful acquisition was Gary’s plan before Worldpay failed acquisition and integration has been slow. What has she accomplished besides gutting the company and huge comp? No wonder Worldpay was happy she didn’t attempt to comeback to Worldpay with the divestiture. Speaks volume about their respect of her.

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| 4782 views | | 53 replies (last 3 days ago) | Reply
Post ID: @OP+1k4t6dedj

53 replies (most recent on top)

how about same wall street bets, to the moon or some perdition markets on who is getting laid-off next

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Post ID: @n3y+1k4t6dedj

1/02/23 Stock price was $68.64
a little more than three years later, millions spent on mckinsey, atelio, new c suite, future forward, worldpay settlement, more than a billion on share repurchases

all for a stock price of 51.48

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Post ID: @n3t+1k4t6dedj

@OP it is now far worse as far as stock price and employee morale

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Post ID: @n0v+1k4t6dedj

no gary back and no stephanie to stay

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Post ID: @1z3+1k4t6dedj

@1k4
ex-COO? is this Bruce?

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Post ID: @1kc+1k4t6dedj

@1k4
You'll get a lot of agreement about Gary and his minions. He, and they all needed to go
The company is in the current mess because of decisions he made. We don't want any of them back

we're saying that Stephanie needs to go also.

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Post ID: @1ka+1k4t6dedj

The coteries that tried to outsmart her after Gary left are in tatters. ex COO tried to rope in other C suite execs to topple her , with some C suite execs even did under the table dealing to get onto the core executive team by ousting CIO CTO and others but their modus operandi was cut short by exposes on Glassdoor. Previous HR was just a poodle on the porch with no real teeth to call shots. So home cleaning is going on , but no one knows where it will end. Those old homies are still holing onto the branches hoping for a comeback if CEO changes.

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Post ID: @1k4+1k4t6dedj

Her first move, laid out completely by consultants was to follow every move by primary competitor Fiserv. She is a DEI hire and makes zero decisions. This company has been using decades old products for years and just shining them up. They retain the weakest employees and are still following the “girl boss” trend. Cut now.

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Post ID: @19r+1k4t6dedj

She was a cfo, maybe great in a supporting role,
but not a fit for the lead. Not capable of building a vision, strategy, strong senior team, inspiring the employees or the investors.
She tried to use mckibsey as a substitute, but that's not working either.
She's just not a fit to be ceo. The soonest the board acknowledges reality, the better the chance FIS and the stock can change trajectory from the steadty spiral down

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Post ID: @fp+1k4t6dedj

The company has failed at every level for the past 5 years. The management team is a revolving door. They keep reorganizing and renaming things. But nothing substantive. The buildings are empty. Moral is as low as I've ever seen it in the 12 years I've been there. We are watching a multi billion dollar company die a very slow and painful death.

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Post ID: @f0+1k4t6dedj

Steph and her useless bff Kels have been promoted WELL ABOVE their capabilities. They have ZERO clue on the job - waste of space

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Post ID: @ey+1k4t6dedj

Hopefully that walk would be broadcast over a town hall live so we could all enjoy it

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Post ID: @e4+1k4t6dedj

this company's ability to actually grow and get better is being destroyed.
i hope that when TPO bob gets fired, they fly him to jax, hand him a box, line up all of the employees, and make him walk through them, box in hand, to the exit

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Post ID: @dt+1k4t6dedj

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