What is with the layoff rumors at FIS Global ? I heard today of 1,000s being let go offshore and serious management and executive layoff and cost cutting wave underway now. Can someone share?

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Poor management has over extended our company and now we’re in a correction. Tho instead of firing over paid execs that do nothing but chat they’re firing those of us that actually do the work and bring in the money.


Approximately 60% of the Payments One development staff was let go. Including a number of people in the US.


Unclear how this will delight our customers. :-) I am sure it made the share holders happy though.


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