Thread regarding FactSet Research Systems Inc. layoffs

Great EC! Well done Sanoke and Josh…

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


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| 483 views | | 23 replies (last October 2) | Reply
Post ID: @OP+1m3s952t1

23 replies (most recent on top)

FDS stock will never go to what it was. I lost half of my RSUs values and being fired means I lost it all. What a fu---n scam. They sold it as a great bonus rewarding our involvement but when it comes to have it on your bank account you get pennies or none.

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Post ID: @kv+1m3s952t1

Sadly, I still have ESPPs that have been tanking and are all at a loss; some were bought at 400s. I was let go in June, but I do hope the stocks can recover though...

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Post ID: @ft+1m3s952t1

@fn yes. Since ELT lacks communication, maybe they won’t be too shy in this forum. Got to love the “growth” they shout but actions point elsewhere. Hopefully enough FactSetters see this thread and start to coast and look for new opps since ELT is preparing FS for a sale. Don’t give ELT the achievement of having a successful sale, let it sink and go for pennies on the dollar.

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Post ID: @fq+1m3s952t1

@ey Well if it walks like a duck and quacks like duck...

The recent changes, layoffs, reorgs along with JW, whose last job was to prime Envestnet for its sale to PE seems to point that way.

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Post ID: @fn+1m3s952t1

@ep to confirm, the multimillion dealer ELT strategy is to gut and sell for scrapes? Anything else you’d like to share?

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Post ID: @ey+1m3s952t1

@eq

Regarding your statement about SV: "He has three clans to appease..."

You spelled, "castes" wrong.

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Post ID: @ew+1m3s952t1

@e3 I left the set a long time. Like back when PAH was still the CEO.

These issues that the set is facing are not SV's fault. He is merely the guy tasked with ripping the bandaid. Is the set changing? For sure. For the better? Probably not. Is he the guy with a good strategy to right the ship? Don't think so. He has three clans to appease. (1) the shareholders, (2) the clients, (3) the employees. I think all you got is a guy who knows how to please (1). The rest? Not so much.

From my standpoint the industry you are in has changed a ton and the set did not keep up. And now the bill has come due. That's all that's happening here. No, you personally aren't to blame. In fact the people who are to blame probably cashed out and made bank which is what makes these situations so personally infuriating.

That's the situation you are in. Sorry bud. You don't have to like it. I certainly wouldn't. Time to lace up those shoes and head on out. (Reference to Who Moved My Cheese).

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Post ID: @eq+1m3s952t1

@e3 Haha, I wonder what you thought when our white ex-CEO was destroying the company. We're only here today because of PS. You think that clown cared while he ran it to the ground?

Maybe YOU should think about how these people operate, because anyone in SV's place will do the same. This is a shithole without any innovation or vision. The only option is to gut it and sell it for scraps.

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Post ID: @ep+1m3s952t1

@d6 you have a clown from a third world country gutting FactSet and you’re concerned about racial slurs? You should take a look at where the CEO comes from and how they treat each other. Maybe you will understand how these people think and operate. You think SV will ever help India with all millions he is making? Take a look at how frustrated Canada has become with these foreigners. Many US citizens would be better off if we didn’t do H1B’s or outsourcing - SV is probably going to refill eliminated roles through the CoE. You guys can downvote and cry racism but you can’t ignore the facts.

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Post ID: @e3+1m3s952t1

Post is from a bunch of ELT id--ts' minions.

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Post ID: @dz+1m3s952t1

sour bi---es

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Post ID: @dv+1m3s952t1

@c7 Could have said that without the slurs you racist piece of sh-t

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Post ID: @d6+1m3s952t1

@ay it’s a sea of sock puppets. It’s all the same person

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Post ID: @bc+1m3s952t1

@b8 what is cr—s? Can I buy a vowel?

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Post ID: @bb+1m3s952t1

Solid results. It’s working.
Keep up the good work, despite the cr--s on this chat room doing nothing but sneering

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Post ID: @b8+1m3s952t1

nice one guys, market is cheering

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Post ID: @b6+1m3s952t1

Looking ahead together lol. what a load of c...

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Post ID: @b5+1m3s952t1

@ay it’s an odd thing to post on thelayoff

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Post ID: @b3+1m3s952t1

Eh these comments are all /s, right? Right??

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Post ID: @ay+1m3s952t1

Let’s go guys!!! Time to rock’n roll!!!

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Post ID: @at+1m3s952t1

Well done Sanoke and ELT - ignore the noise

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Post ID: @a5+1m3s952t1

Great work everyone

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Post ID: @a4+1m3s952t1

Jamoke & Slosh!

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Post ID: @a3+1m3s952t1

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