Tuesday, November 11, 2008

FIS lays off 100 in Chennai, India

Fidelity National Information Services (FIS) has given pink slips to over 100 employees at its Chennai operations

This constitutes more than 10 per cent of its staff in the metro. Though the company, which has been in India for over a decade, termed the move as ‘rationalisation’, employees are on the edge.

A leading provider of core processing for financial institutions, card issuer and transaction processing, and related information products and outsourcing, FIS has a headcount of over 4,000 employees across India.

Prakash's Nice Graphic Signature

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