They get a short term (but not insignificant) share price pop after each layoff round. Don't think they haven't noticed. BOHICA!

So today's my last day at FactSet after 20 years of dedicated hard work at a company that I would call my family. Not anymore since they rejected me. Oh of course they gave me a substantial amount of money to say that I agreed to leave without... — read more 

I know this place is far from ideal, but make sure to first land a new job before quitting. Jobs in our field are not that plentiful right now, plus, you will be competing with a lot of other applicants for most jobs. Depending on your skill set and... — read more 

Why were so many loyal FactSetters cut yet there was an influx of posts of new hires for the same jobs that were cut

https://investor.factset.com/static-files/0cec8230-a5b0-4034-8f37-8b54fa6262e9

https://www.cnbc.com/2026/10/26/microsoft-msft-voluntary-buyouts.html Something we might see from FDS? Severance + accelerated vesting of stock + more than 1 month of COBRA insurance would be fantastic.

What happens if I dont sign the severance?

For those of you still at the company - how are bonuses this year vs. the last few?

I’ve started looking at jobs the same way companies look at us, like it’s a temporary arrangement, not some long-term loyalty pact. I show up, do the work, get what I need out of the role, and quietly prepare for whatever comes next. Getting too... — read more 

Its funny seeing the LinkedIn posts of all the new joiners. FactSet was ok with getting rid of senior people who made the company what it is

What happens to us if we're further hit in the following cuts? Do those who are left get reassigned to other teams or are we expected to pick up the amount of work that is physically impossible to finish even if we work 24/7?

So we are expected to come back to office 4 days a week while they cut expenses for snacks and lunch budget? If we earn ELT money then sure, but they are also not increasing our compensation? We are expected to eat air I suppose. I recalled they... — read more 

Some of the employees laid off in the last round were the ones everyone turned to when things needed to get done. How does a team lose its strongest contributors and call that a sensible decision?

I think the guy deserves a bit of recognition for not doing his job. Barely visible but keeps asking the rest of the managers and others to come in the office and visits clients. When was the last time he went on a visit or traveled? Heard from... — read more 

Recent US layoff and getting some email saying FactSet is paying for some "executive coaching" or something from Intoo... Is this real or a scam? Anyone else get this?

When did we go from an occasional layoff to having to worry about them 24/7?

It’s shameful that layoffs are funding AI and surely will continue before ELT jumps the sinking ship...What groups / roles are suspected to be up next?

How disastrous do y'all think this meeting will be? I am guessing we will be told about exploding costs after hearing about SV and Di's worldwide tours.

They upped my COBRA slightly but won't move on anything else. For people who got more severance, did they move before your first deadline or only after first deadline? Did you go back and forth or just sit silent?

For anyone who's already been through one of these layoffs, how long did you wait for your severance? I'm trying to get a realistic idea of the timeline.

Given everything that’s happened recently, does anyone know how promotions and compensation increases will work this year? Has there been any communication on when these conversations will happen?

Once again what a lame communication from this "new" org in product. Guess what people, you got laid off because AI costs money. Ooh surprise...

Amazing quarter and results - keep up the great work Sanoke and Josh!

Nobody seems to remember the company values anymore. Not that FactSet always lived up to them, but there were people who genuinely tried to make things better and weren't afraid to point out what wasn't working. Too often, those people were ignored... — read more 

Those of you who negotiated - how long typically from each ask until FactSet responded with their improved (or not) terms?

I'd say there is 14 reasons to say yes: https://h1bhq.com/search?employerSlug=factset-research-systems-inc&fiscalYear=2026&pageSize=25

I'm in Product in the Americas, and I alredy know I will have to leave FactSet in April for family reasons. It's not really optional for me so I've been thinking about this with all the recent cuts. If another round hits Product, can I privately tell... — read more 

Was anyone let go in Finance?

ai foundry looks untouched, wealth seems pretty protected, while content, dso, product and senior people have all taken hits. if thats intentional, then the layoffs are basically showing us the strategy before leadership actually explains it. are... — read more 

...anyone else worried about the institutionl knowledge being lost in these cuts??? A lot of senior folks (Content, Product, RCS,Sales etc) have spent 10 or 20 years understanding PA, Fundamentals, client workflows... data processes and all the... — read more 

We are watching colleagues getting laid off and at the same time, everyone has to worry about whether they might be next. Then you come here and see anonymous threads to gather information and see people are blaming other colleagues, turning on each... — read more 

how are they determining who gets laid off and who got laid off?

Looks like every team and group got hit with layoffs except Wealth products and sales. They gutted content and DSS, but somehow nothing happened to Wealth. Those teams are already bloated. I bet all those boys were protected, especially sales... — read more 

I know everybody is saying it's over for now, but I can't help but stress over it. The layoffs caught me by surprise (I know, that's my own fault), so now I guess I'm at the opposite end of the spectrum.

anyone know if the recent round of layoffs were more senior individuals? In my department, the newer folks were retained

It’s just a matter of time before a strategic buyer steps in and tries to unwind the series of useless acquisitions. It has become very obvious what the ELT’s end goal is. The insane sales target for the year + the cutting of employee benefits =... — read more 

Genuinely disgusted and disappointed with Goran’s leadership. He’s one of the few old C-suite/board people Sanoke kept around, and it increasingly feels like he’s sold himself to protect his own position while everyone below him deals with the... — read more