Thread regarding FactSet Research Systems Inc. layoffs

I hate this

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


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| 182 views | | 12 replies (last October 13) | Reply
Post ID: @OP+1m4r9hewf

12 replies (most recent on top)

Bumberclarts

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Post ID: @fm+1m4r9hewf

@OP I would start looking for a new job if you are in the US, looks like everyone is going to be replaced by AI or the other AI. It isn't the same company anymore. AI won't save a company with low morale, they got India working overtime 14+ hours a day to keep the company running.

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Post ID: @f4+1m4r9hewf

@da literally every thread is starting to get that one guy that brings racism into it directed towards Indians and then the post gets removed because of it. I have to wonder if it’s the same person trying to drum up hatred here and has nothing better to do. Please just stop.

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Post ID: @ev+1m4r9hewf

@da ah, yes, because companies with non-Indian CEOs don’t have any layoffs. It’s definitely not the elite folks at the top like the board, other executive leaders or the investor expectations in the new AI world that are driving this direction. It’s definitely the race of the CEO that has suddenly invented layoffs.

By the way, nice em dash you have, mr bot.
/s

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Post ID: @e7+1m4r9hewf

@c6 Indians — making a mess at other people’s country after sc--wing their own. Love to be in power, making people work for them and fear them

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Post ID: @da+1m4r9hewf

This new smiling little ghoul CEO has made this company a worse place for employees to work every day since he’s started, all while stuffing his pockets with millions. Good luck to everyone, especially those who believe a word he says

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Post ID: @c6+1m4r9hewf

Were there more lay offs today?

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Post ID: @bw+1m4r9hewf

The pattern seems to be one big layoff before every earnings call, is that right?

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Post ID: @bc+1m4r9hewf

I agree we'll see monthly smaller cuts and the occasional big wave ~once a quarter.

just baffling how some teams and people are still putting 110% despite seeing how poorly ELT is handling employee morale. No one here is saving lives; savour your wellbeing, apply elsewhere whilst you can before axe comes around again.

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Post ID: @b6+1m4r9hewf

@ak this will continue. Expect to see this monthly until they make enough budget or be attractive to PE

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Post ID: @ap+1m4r9hewf

It really su-ks.

Since 2023 pace of layoffs has slowly but steadily increased. Have seen many isolated small rounds, but the past 9 months have been unreal.

Layoffs will continue funding AI tokens. If anyone outside the inner circle thinks they’re invincible, would advise them to check their ego at the door.

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Post ID: @ak+1m4r9hewf

The layoffs will continue until morale improves

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Post ID: @ag+1m4r9hewf

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