I shouldn't be coming to an anonymous forum to learn there were more cuts today. We should know things like that. Good leadership wouldn't be so scared to tell us what's going on, even if it's negative. We're being run by a bunch of incompetent... — read more 

Are laid-off employees getting severance? How much, based on your tenure?

Not a wise decision to bring 100+ people to Norwalk from across Asia, Europe, Americas while cutting HC, going through more layoffs this week, removing food and snacks and cutting back on real estate. Who made that decision? L&D? 95 HC in L&D... — read more 

A general thread, I see messages all over the place.

did ur project stop? Did deadlines slip... roles move sites, responsibilities consolidate, or did ur team absorb the reduction w/out (major) disruption? I think it's a sh-tshow but it may be just me - we are fairly large and given the messages on... — read more 

If you or someone on your immedate team was affected in Sept... what org, function, location, and job level was involved? It'd be great separate firsthand information from something you heard.

Just got an afternoon call from HR, no explanation whatsoever. I had my best year ever, performance over the roof and yet they say they don't need me anymore. Built a lot of Ai stuff but seems that the Sanoke boys don't give a sh-t. FactSet is brain... — read more 

Heard it is in coming days and it is a big one. Gluck to all.

The job market has never been worse. Wherever I apply, I don't hear a word back. Even the automated rejection emails seem to be a thing of the past. What the he-l is going on? I luckily still have a job, but what are folks who were just laid off... — read more 

Looking back, would you join Factset again? I'm curious whether people feel their time here was worth it.

There have been rumors for a while, do we know something concrete by now or not?

We all got the email regarding the budget and frozen travel requests. How is it fair for the product teams to dial into meetings while a bunch of clueless salespeople in RCS go to meetings in person just to take notes? I have been in five meetings... — read more 

Long story short, defending cuts and layoffs, bragging about people who can't be employed after getting laid off, and the next round of layoffs which might happen around Dec. After huge backlash, the post was taken down.

Heard that they are thinking of playing around with the WFH policy. Sales maybe in office 4 days a week and the rest of company stay 3 days. To be decided, they are not sure based on seating availability.

Welcome to the new FactSet to ring in the new fiscal year. Demolishing the company culture and we all just have to be grateful to not get laid off. This guy has been here for less than six months lol

Can somebody please say what the severance package was like for the latest layoff? Just to see if there were any changes since the last round.

Marketing has not done much over the last couple of years. CMO was part of the legacy HS ex CFO who blew up marketing org to over 100 with no real results. Glad to see CEO and the new CHRO observing the true contribution in the organisation.

Is this true?

Hearing they will stop lunch in September and limited snacks? Is that true? What's really left of FactSet?

We haven't had a single big layoff in a while. Now it's more of a rolling thing: trim this team one week, cancel that project the next, slice another department the following month. If you heard about the latest cuts and were surprised, then you... — read more 

I heard more layoffs in NYC this week.

What’s gonna happen to sales specialists. Lots of rumblings about change coming

FactSet Announces Appointment of Chief People & Workforce Transformation Officer https://finance.yahoo.com/technology/ai/articles/factset-announces-appointment-chief-people-200500847.html

Seriously, is Factset opening nee leadership positions for senior folks from Citi and JPMorgan? All these positions will cost 7 figures each, while we have constant layoffs. BS’s email this morning had a byline for each of the new positions and it... — read more 

Cuts in Engineering, and now office closures? Austin, LA, and now Charlotte. What is happening in this company? Layoffs and office closures are not the best signs for a “growth” company despite how CEO frames it. The message should come from... — read more 

When is the product reorg actually happening? Just get it over with already!

Thank you for laying me off. No, I do not want to learn about your earnings while I struggle to find a new job. WTH?

Did anyone get an email just now from the state offering a webinar to support FDS employees that were laid off? Is it legit?

SV was concerned and confused about the fact that 105 people voted on the Slido question...ELT will lie to our faces and call us crazy for questioning them Quote from earnings call: "While we continue to drive ASV growth, we are focused on... — read more 

More shuffling around to add confusion; cuts to come during the chaos?

Does any manager regret promotion someone capable but does not sit well with general team (70-80% of the team)? Asking because everyone has been nice not to escalate things to HR historically but hearsay someone without ethics, morale, integrity is... — read more 

🤡

What happened to sales? Not a single person could speak without reading a script. Can any of them be authentic like SV? Just speak naturally instead of something you clearly know nothing about. One of the regional heads in the USA spoke for 10mins... — read more 

Will there be layoffs in RCS ?

The Wall Street Journal evaluates how leading US corps stack up in 6 areas: AI readiness, innovation, talent readiness, financial fitness, resilience and agility. FactSet ranks #473 overall with an Overall Score of 34.4, one of the weakest results... — read more 

Lock in guys, lock in.