The ones retained shouldn’t think they are safe!! FIS has found a way to not pay severance by moving people to partner companies on contract basis. And yesterday was just phase 1. Eventually most of the employees will become contract employees in coming months. So stop counting on severance pay as a financial cushion and have your emergency fund ready and start looking for opportunities outside of FIS.

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Well said, i echo same thoughts

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Good lord

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Who are the ones being retained?is this good thing for them ?

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No. Again lay off happened today. In my team 4 ppl from 12 . I heard 21 ppl from Pune location. Layoffs never ending in FIS. Nothing with performance. I'm that 4 ppl, two are developers who perform exceptionally well

If we didn’t accept offer what next ? Will FIS fire and share the severance?

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yes. it will be normal resignation

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What happened in today's call?

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Nothing, they picked simple questions and answered

That's the reason they retained most of the members

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If FIS retains an employee with a new salary in November/December....do they consider you for Yearly Appraisal ?

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Hi Everyone I have joined FIS one month back only, I am just Okay with my current project. I see here everybody is leaving FIS and telling it's not good. I have changed Infosys within 7 months.Now, I don't want to switch this early. Can somebody tell me about the good points, pros in FIS. I really want to change my mindset so that I feel happy here and can give back something to organization.FIS Global

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Hi fishes,
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