Thread regarding FactSet Research Systems Inc. layoffs

Margin drop intended for new investments? Comp? Or just vesting schedule change?

Is the margin reduction for reinvestment in employees, hiring, comp, or product development? The change in the vesting schedule is not significant. It would be prudent to reinvest in junior employees, new hires, engineers given the recent pressures the company has been facing.

How long do employees need to be at the company to be eligible for equity?


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| 2361 views | | 6 replies (last December 24) | Reply
Post ID: @OP+1k6z5pz3y

6 replies (most recent on top)

Junior engineers are the last thing we need. As a principal engineer, AI can help me considerably more than a junior engineer in a COE.

We need to trim the fat, that will fix margins and the stock price. This company could ship the same product with 1/2 the project management and HR staff and 1/2 the engineering department

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Post ID: @baj+1k6z5pz3y

5yr to 4yr vesting - only level 30 and up

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Post ID: @1w4+1k6z5pz3y

@kv Focus area for Organisational Effectiveness and HR? Downvoting the posts here that call them out.. just in case you were hoping they’d listen, understand and act to fix the situation.. don’t. They are vain, deaf to listen to feedback beyond the apple polishing,

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Post ID: @r0+1k6z5pz3y

@jk If the internal communications and organisational effectiveness teams did their work of communicating effectively, the lies would be shrugged off.

It speaks volumes about the culture and trust deficit at fds.

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Post ID: @kv+1k6z5pz3y

@gj please do not put comments on here that are grossly inaccurate. It’s just perpetuating to the drama and lies

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Post ID: @jk+1k6z5pz3y

Only 3 yrs of vesting vs. 5 - Rest for other investments approved by Board. Nothing for compensation.

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Post ID: @gj+1k6z5pz3y

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