Thread regarding FactSet Research Systems Inc. layoffs

Current layoffs - senior or newest in?

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


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Post ID: @OP+1m3k0n7q6

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Of course it's seniors. Typical layoffs to recruit new ones paid less and justify weak performance to boneless management

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Post ID: @4t6+1m3k0n7q6

From what I’ve seen, it doesn’t seem to be seniority alone...

There are some patterns around higher-cost roles and functions that may be easier to automate, centralize, or consolidate, but I’ve also seen newer hires affected.

I know the uncertainty is stressful, especially for people still waiting to see what happens. Hopefully we get more clarity soon.

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Post ID: @mn+1m3k0n7q6

Scalpel then the Ax. Some key SVPs got pink slips in last few weeks. Next to get the Ax are their direct report VPs word is all blokes. What a shame indeed.

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Post ID: @ay+1m3k0n7q6

It’s mainly Seniors.

I’m in the London office. I do senior sales and we’re all sh-t scared. Our senior regional director got laid off apparently. Obviously no transparency either.

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Post ID: @an+1m3k0n7q6

@OP how are they determining who gets laid off?

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Post ID: @a2+1m3k0n7q6

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