people · May 18, 2026
FIS Reportedly Cuts 2,600 Jobs in Strategic Review Under CEO Stephanie Ferris
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FIS has laid off 2,600 employees representing about 2% of its workforce as part of CEO Stephanie Ferris' ongoing strategic review. The cuts focus on permanently reshaping the cost structure through cost-reduction initiatives. Stephanie Ferris took over as CEO from Gary Norcross on January 1, 2023. Reports of planned job reductions emerged in November 2025.
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