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What is FIS notice period?

The terminated employees at FIS have got a 30-day notice period with pay.

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What gun did Chris Kyle use?

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Former employees and employee associations say that the mass layoffs at global fintech company Fidelity National Information Services (FIS) are in violation of the Industrial Disputes Act 1947. Employee association NITES’ President Harpreet Singh Saluja told Business Today, “The company has violated provisions of the Industrial Disputes Act and is aiming to restore investor confidence by reducing headcount arbitrarily. It is worth noting that the Industrial Disputes Act of 1947 regulates Indian labour laws for people employed on the Indian mainland. The act lays down the procedure for prior permission of the appropriate Government for laying off or retrenching the workers. An employment lawyer told Business Today, “If an establishment employs more than 300 employees, it must take prior approval of the proper government authority regarding approval for layoffs, retrenchment, and closure.” A FIS spokesperson noted that the total strength of FIS is 60,000 globally and one third of those account for India headcount. The employment lawyer also noted: “If an industrial establishment employs more than 50 persons, it needs to give a 60 days' notice to employees.” The terminated employees at FIS have got a 30-day notice period with pay. The document sent out to employees on December 1 says, “FIS has decided to terminate your employment with effect from December 30.” Business Today reached out to the company to check if they have sought the government’s permission to conduct the layoffs. The company did not reveal this information but a company spokesperson said, “During the FIS Q3 2022 earnings call, we introduced our plan to address current macro-economic challenges. Rightsizing our portfolio and our workforce have always been an important part of our growth strategy to serve our clients and meet market demand'.” A person familiar with the matter told Business Today that the company has sacked employees not just in Pune but across India. “The layoffs at FIS were not just isolated to Pune but were done across India. They have facilities in Bengaluru and Gurugram as well. They employed over 20,000 people in India,” the source said. Despite the mass layoffs, a FIS spokesperson noted that the company is committed to its operations in India. “FIS has had a presence in India for more than two decades and remains committed to this important market for its continued growth,” the spokesperson said.

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Which animal can sleep for 3 years?

Snails Why Do Snails Sleep So Long? Snails need moisture to survive; so if the weather is not cooperating, they can actually sleep up to three...

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How can I get rich in 5 years?

How to become wealthy in 5 years: 14 strategies Become Financially Literate Through Self-Education. Spend Less, Earn More, Invest the Difference....

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What is the longest a plane has flown without landing?

Cessna 172 , The most famous airplane The longest flight without landing: 64 days, 22 hours, 19 minutes and five seconds. ... The Cessna 172 as a world symbol of peace during the cold War. ... Still produced today in Wichita Kansas More than 60 years later. ... Tags:

You are wondering what is the most used aircraft in the light aviation industry ? Since its launch in 1956, the Cessna 172 is still in production today and remains the most incredible and robust aircraft in the world. An aircraft that flies at 226 km/h and has been produced more than 43 000 times in the world. By its surprising adventures, the Cessna 172 made an impact in the light aviation history. The longest flight without landing: 64 days, 22 hours, 19 minutes and five seconds On 4 December 1958, the two pilots Robert Timm and John Cook rose to the challenge of beating the 49 days flight record without landing. On 4 February 1959, the two pilots succeeded and achieved to fly 64 days, 22 hours, 19 minutes and five seconds without landing. The Cessna 172 aircraft, named Hacienda, is nowadays displayed at the McCarrran International Airport in Las Vegas. The Cessna 172 as a world symbol of peace during the cold War Mathias Rust, a 19 year-old German teenager, in “peace mission” as he said, flew low with a Cessna 172. By doing this he escaped the Russian air defence radars and landed on a bridge next to Moscow’s Red Square.

Still produced today in Wichita Kansas More than 60 years later

The Cessna 172 remains unchanged and is the ideal plane for pilots. The Cessna 172 is a high-wing single piston engine, which makes the view of the ground better and the landing easier. Robust and reliable, you can nowadays find a second-hand 172 around 30,000€. A lot of pilots on coavmi.com use a Cessna 172 to cost share their flight. The average operating hour costs of a Cessna is around 150€ per hour, which makes this four passengers plane a 38€/hour/passenger.

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