Fidelity National Information Services layoffs, on the record
Every job cut, severance charge and restructuring Fidelity National Information Services reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from more than 60,000 to more than 44,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | more than 60,000 | As of December 31, 2023 |
| 10-K for 2024 | more than 50,000 | As of December 31, 2024 |
| 10-K for 2025 | more than 44,000 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe filing reports severance and other termination expenses within Corporate and Other acquisition, integration and other costs, including those tied to enterprise cost control initiatives and changes in senior management.
Word for word“Severance and other termination expenses, including those associated with enterprise cost control initiatives and changes in senior management 70 89 10 Pending separation of the Worldpay Merchant Solutions business 17 — — Stock-based compensation, primarily from certain performance-based awards 15 83 — Accelerated stock compensation expense - qualified equity retirement program — — 155 Other, including divestiture-related expenses and enterprise cost control and other initiatives 20 80 160 Total acquisition, integration and other costs $ 482 $ 581 $ 511 Amounts in table may not sum due to rounding.” 10-K for 2023
Our summaryThe filing notes that after the Worldpay Sale the company may incur unforeseen costs, including restructuring costs, but does not describe a specific restructuring program.
Word for word“We are also potentially subject to unforeseen costs and expenses following the sale, including additional general and administrative costs, costs of dis-synergies, restructuring costs and other unanticipated costs and expenses.” 10-K for 2023
Our summaryThe company recorded severance and other termination expenses within its Corporate and Other segment as part of acquisition, integration and other costs.
Word for word“In the Corporate and Other segment, the Company recorded acquisition, integration and other costs for the years ended December 31, 2024, 2023 and 2022, comprised of the following (in millions): 2024 2023 2022 Acquisition and integration $ 88 $ 48 $ 50 Enterprise transformation, including Future Forward and platform modernization 262 312 279 Severance and other termination expenses 56 70 89 Separation of the Worldpay Merchant Solutions business 148 17 — Incremental stock compensation directly attributable to specific programs 58 15 83 Other, including divestiture-related expenses and enterprise cost control and other initiatives 12 20 80 Total acquisition, integration and other costs $ 624 $ 482 $ 581 Amounts in table may not sum due to rounding.” 10-K for 2024
Our summarySelling, general and administrative expenses rose in 2025 partly because of higher one-time severance costs from the company's enterprise-wide cost savings initiatives.
Word for word“Selling, general and administrative expenses for the year ended December 31, 2025, increased primarily due to higher net personnel costs, including an increase in one-time severance costs incurred as part of our enterprise-wide cost savings initiatives, as well as an increase in the amortization of deferred commissions.” 10-K for 2025
Our summaryThe company reported severance and other termination expenses within its Corporate and Other acquisition, integration and other costs, with 2025 higher than prior years.
Word for word“In the Corporate and Other segment, the Company recorded acquisition, integration and other costs for the years ended December 31, 2025, 2024 and 2023, comprised of the following (in millions): 2025 2024 2023 Acquisition and integration $ 136 $ 88 $ 48 Enterprise transformation, including Future Forward and platform modernization 157 262 312 Severance and other termination expenses 247 56 70 Separation of the Worldpay Merchant Solutions business 54 148 17 Incremental stock compensation directly attributable to specific programs 33 58 15 Other, including divestiture-related expenses and enterprise cost control and other initiatives 62 12 20 Total acquisition, integration and other costs $ 689 $ 624 $ 482 Amounts in table may not sum due to rounding.” 10-K for 2025
Fidelity National Information Services has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Fidelity National Information Services’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.