Thread regarding Fidelity National Information Services Inc. layoffs

Delusional - standing ovation!

SF isn’t going anywhere: she appears committed to steering the company in the wrong direction, alongside her puppet minions; Toohey, Kehoe and Beatty.

We exceeded our targets largely because we reduced the workforce by 15k. The employees who remain are carrying significantly heavier workloads, with more responsibilities on their plates and no meaningful automation or improved processes to support them. New ways of working is just a facade.

We’ve invested millions in McKinsey, including commissions tied to projected savings effectively keeping them afloat only to see consultants and leadership reverse course on recommendations made two to three years ago. Well done Chief Executive officer and Chief financial officer!

We position ourselves as a global company, yet we don’t truly operate like one. Investment in senior roles and promotions is heavily concentrated in the U.S., while long-standing employees in other regions are seeing their roles downgraded and the value of their careers diminished. Let’s applaud our chief of people!

There also seems to be a disconnect even a sense of delusion in celebrating a 73% “recommend as a place to work” score. Many employees are worried about job security, have seen benefits reduced, and are under constant pressure from managers to “just get on with it.” The prevailing sentiment is that FIS does not genuinely care about its people. Well done chief of people!

And yet, we’re setting a goal to increase client NPS by 10 points. We’re still in negative territory the ambition appears to be to frustrate clients slightly less, rather than meaningfully improve their experience. Well done chief of clients!


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| 2431 views | | 11 replies (last February 27) | Reply
Post ID: @OP+1kj7ytfra

11 replies (most recent on top)

@fq you don’t have to quit. Just wait 3 months and they will get around to you with yet another round of RIFs. From well over 150 per share to less than 50 is a gut punch to the loyal dedicated works who believed and bought into the FIS dream. After almost 20 years of service my only hope is that I only lose 40% of my investment in the company. Fingers crossed and 1 raised to the board for allowing such a disaster on their watch

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Post ID: @qs+1kj7ytfra

It's not the same company as it was and will never get back to A level. This administration and the one before became entirely too comfortable being a C student. And it's been that way for years.
Every 2 years a new swath of "the best" execs who still can't get their projects across the finish line. Meanwhile the old folks are still keeping the lights on until they retire. But we have lost the care and pride we had. u

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Post ID: @h9+1kj7ytfra

SF will drive the company down the drain. Mark my words.

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Post ID: @gw+1kj7ytfra

@fq complainers that state the facts you mean!

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Post ID: @fx+1kj7ytfra

If you don't like it here, then QUIT and go somewhere else. We don't need complainers like you at FIS!

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Post ID: @fq+1kj7ytfra

FIS stock is back at year 2013 level right now. We are in 2026.

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Post ID: @ed+1kj7ytfra

For FIS, the YTD total return at NAV is - 27.61%, 1 year - 29.07%, 3 year - 19.91%, 5 year -61.45%. Those numbers are catastrophic by any measure. Any long term employees who invested the Employee Stock Program are so underwater that it is more likely to see the Titanic on the seabed floor than ever get that money back. Retirements have been ruined by this investment. This isn't just bad management it is criminal that the Board has done nothing to stop the financial hemorrhage.

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Post ID: @bn+1kj7ytfra

yeah because looking at daily stock for fis and showing it has made a couple of quarters is brilliant. Dare not click the 1 month, 6 month, 1 year.

Hey everybody, FIS IS DOING GREAT! They made a nickel today. "Not sure what people don't understand"

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Post ID: @b2+1kj7ytfra

@a5 Not sure what company stock you were looking at, but markets are generally up including FIS.....for now. Partially rebounds from yesterday.

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Post ID: @aj+1kj7ytfra

cutting is not a growth strategy

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Post ID: @a8+1kj7ytfra

@OP Stocks are down. No matter good financial result

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Post ID: @a5+1kj7ytfra

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