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 or pushed aside. Under the new leadership, it feels like we're taking everything FactSet stood for and running it into the ground. Mike D must be rolling over. When PS said the new regime was going to be ruthless, he wasn't kidding.
Cutting lunch and snacks isn't going to meaningfully move the needle. Neither is laying off hundreds of people, including some truly great performers.
Want to actually save money? Stop giving away services. Fix bad deals. Hold chronic underperformers accountable. Invest in products clients actually want. Figure out usage. Finish projects instead of letting them drag on for years. None of this is complicated. It's common sense.
Maybe start listening to the people who challenge bad decisions instead of the people who kiss up and tell leadership what they want to hear.