Yahoo Finance, CNBC, Fox Business, Market Watch… none have news about FIS layoffs of employees. Meanwhile there’s news about FIS CEO buying $1,000,000 worth of stock and FIS issuing billions of dollars in debt obligations. Goldman and Wells Fargo affirm buy ratings meanwhile the stock is at multi year lows.
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@b2 The RIFs that are being kept on for 90 days also do not count for WARN purposes. The 90 days is their warning.
Could they have gotten around the WARN act?
Laying off only 99 or fewer employees in any one location? And the rebadges wouldn’t count for that? So it’s not on anyone’s radar?
How do we know if anyone has brought this to their attention? It's possible that they do not know. Seriously, this is designed to stay off the media's radar. No one wants to answer those questions in this economy. If you are concerned about the lack of media attention, call them and tell them. Gather your facts, make some notes and make some phone calls. No one is stopping you from doing it.
Are you genuinely surprised that the media is subject to control??