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Global FinTech firm FIS issues pink slips to over 400 employees in India

Move comes a year after firm's plans to hire 10,000 people in the country; more likely to be axed in restructuring exercise; final settlement likely within five days from separation date

Topics
Fintech sector | layoff | IT service

Sourabh Lele  |  New Delhi 



layoffs, job loss, lay-offs, unemployment
These lay-offs come a week after Bloomberg reported the Jacksonville (Florida)-based company’s plans to cut thousands of staffers and contractors from its global workforce of 65,000 people

Global fintech software provider Fidelity National Information Services (FIS) has started laying off its employees in India, a year after it announced plans to hire 10,000 people in the country, multiple sources confirmed on Friday.

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First Published: Fri, December 02 2022. 15:10 IST

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