Fidelity National Information Services Inc. plans to dismiss thousands of workers as part of incoming Chief Executive Officer Stephanie Ferris’s strategy to win back investor confidence after the fintech giant slumped 44% this year.
The cuts are expected to be gradual and may affect several thousand staffers and contractors at the payments company, according to people familiar with the matter. They’re part of Ferris’s plan to deliver at least $500 million in cost savings in coming quarters.
