FIS to close Schlitz Park facility, lay off 300 employees

Jacksonville, Fla.-based FIS notified the Wisconsin Department of Workforce Development today that it will close its facility in the Schlitz Park complex at 1515 N. Rivercenter Drive in downtown Milwaukee, and will lay off about 301 employees.

The company, which was formed when Fidelity National Information Services Inc. acquired Brown Deer-based Metavante Technologies Inc. in 2009, is one of the world’s largest providers of banking and payment technologies. It serves more than 14,000 financial institutions and businesses in more than 100 countries. FIS plans to begin the lay off process on or after July 1, and continue eliminating positions in phases until it closes permanently on November 1.

According to the WARN notice, “The closure has been prompted by the company’s decision to consolidate services with other FIS locations.”

The 285 hourly and 16 salaried employees were notified of the closure yesterday. They are not represented by a union and none of them will have bumping rights to other positions. Most of the jobs being eliminated are call center and customer service positions. Employees will be paid earned wages and agreed upon benefits when terminated. Regular full-time employees will receive severance payments.

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