Laid off from FIS.

What FIS layoffs have meant for employees

FIS's 2023 cuts followed a cost target set as its leadership changed. In November 2022, after weak third-quarter results, FIS said it planned to cut $500 million in costs, and Stephanie Ferris, then president and named to become chief executive, promised "immediate action" for a "transformation program," Payments Dive reported. Bloomberg reported that month that the cuts "may affect several thousand staffers and contractors" and would be "gradual," then put them at 2,600, citing an unnamed source, and FIS told Payments Dive it doesn't comment "on rumors or market speculation." The company's own numbers came afterward, as totals, with its 10-K for 2024 putting severance and other termination costs at $89 million for 2022 and $70 million for 2023. For anyone cut then, the size of the round still rests on that reported figure, while the company's own numbers count dollars rather than people.

Those totals climbed. FIS's 10-K for 2025 shows severance and other termination costs for 2025 at more than four times the 2024 figure, the most for any year in either filing's table. The second-quarter 10-Q ties the 2026 costs through June mainly to enterprise transformation initiatives and puts the first half at $135 million, against $105 million a year earlier. By June, FIS had paid $67 million of that 2026 total in cash, so the costs it books run ahead of what it has paid out.

In the two Wisconsin closings on record, consolidation was the stated reason. The 2013 notice for the Milwaukee facility said the closure was prompted by "the company's decision to consolidate services with other FIS locations," BizTimes reported, and the 2014 Brown Deer notice was to move print and mail work into other FIS facilities, a 2014 BizTimes report said. Neither gave the people losing jobs a right to bump into other positions, so those consolidations carried no guaranteed place for them, and both notices listed severance payments. If a consolidation reaches your office and a notice comes with it, it may be worth checking whether that notice addresses bumping or transfer rights, as the two Wisconsin notices did.

If you came to FIS with the Issuer Solutions business, which FIS's January 2026 release says was formerly known as TSYS, the transaction agreement set pay and benefit standards for up to a year after the closing, ending sooner for anyone whose employment ended in the meantime. FIS agreed to keep each transferred employee's total pay package at least as good overall and benefits substantially comparable in the aggregate, with exclusions for equity-based, retention, change-in-control and one-time incentives, defined benefit pensions, post-employment and retiree health and welfare, perquisites and fringe benefits, and with union-covered staff governed by their own contracts. Counting from the January 9, 2026 closing date in the 10-K, that year runs to January 9, 2027. Those are commitments between the two companies, so if you transferred and your pay, benefits or severance terms change before then, they work best as a measuring stick.

The sixteen filings in our WARN tracker include ones made by businesses FIS owns today, even before it bought them, and leave out units sold earlier, such as a TSYS debt-collection business sold in 2009, which is why an old TSYS or Metavante notice can count toward FIS even though another company filed it. Alabama and Georgia account for three filings each and Washington for the newest, so for work based in any of the three, the unemployment pages for Alabama, Georgia and Washington cover how benefits work there, and Florida's covers staff at the Jacksonville headquarters.

A sourced history of FIS layoffs

• September 2025, FIS Bellevue embedded-finance layoffs

  Layoffs at FIS's Bellevue office were set to start Sept. 15 under a filing with Washington's Employment Security Department, and a company spokesperson quoted by GeekWire said FIS was shifting its embedded finance strategy toward delivering those capabilities to banks.

• Early 2023, FIS cuts during the strategic review

  FIS had cut 2,600 jobs in recent weeks, about 2% of its workforce and including some 1,000 contractors, according to a Bloomberg report Payments Dive relayed in February 2023, as part of the strategic review FIS announced in December 2022.

• 2014, FIS Brown Deer print and mail unit closing

  FIS planned to close its print and mail unit in Brown Deer, Wisconsin, laying off 32 workers from Oct. 27 to about March 31, 2015, with no bumping rights and with severance payments, BizTimes reported.

• April 2013, FIS Milwaukee Rivercenter Drive facility closing

  FIS told Wisconsin it would close its Milwaukee facility on Rivercenter Drive and lay off about 301 people, most in call center and customer service jobs, from July 1 to November 1, with severance for regular full-time staff, BizTimes reported.

What to do if you're laid off from FIS

• File for unemployment in the state where you worked. Benefits run from your filing date, and severance usually doesn't block you. FIS's biggest hubs: Alabama, Georgia, Washington. Somewhere else? Every state is here.
• Apply for financial and hardship assistance. Unemployment supplements income, but food benefits, health coverage and utility help are often available as well. Here's some of what FIS's hub states run: Alabama, Georgia, Washington, and every other state is here.
• Mind the health insurance window. Losing coverage opens a 60-day special enrollment period, and an ACA plan usually beats unsubsidized COBRA. Compare your options before the employer coverage lapses, and read how the COBRA clocks run if you are weighing it seriously.
• Get your real runway number. Severance plus savings divided by reality. The calculator takes five minutes.
• Know which clocks are already running. Severance review windows, COBRA election, visa grace periods, and 401(k) rollovers all run on federal deadlines that started at termination. All five deadlines are here.