Thread regarding FactSet Research Systems Inc. layoffs

And... the global layoffs have begun


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Post ID: @OP+1m377cng2

31 replies (most recent on top)

@gs All other ELT gone?!

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Post ID: @kh+1m377cng2

Is the CIO still standing? I reckon he's the only og from the ELT left. Never worked anywhere else in his career.

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Post ID: @gs+1m377cng2

@eg A few SVP & Director-level people in sales + even LSRs and Youngstown consulting today. It is damning how quickly the new ELT has wiped the culture that FactSet had cultivated over decades.

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Post ID: @ez+1m377cng2

@eg yes

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Post ID: @en+1m377cng2

Any more today?

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Post ID: @eg+1m377cng2

Anyone in APAC gone?

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Post ID: @ef+1m377cng2

So many people let go. Important people who have been here, know all the processes, helped hold onto the old pre-phil factset feel.

Multiple projects are halting or looking to pivot. New people are coming in, not asking questions, duplicating processes instead of fixing the old one, and will book out in a few years after Sanoke sells off everything.

Today is one of the worst days in my factset career. This is horrid.

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Post ID: @ee+1m377cng2

But why aren't Sanoke and his minions offering voluntary redundancy? As @b9 said he's such a as*. My bet is that over the next two years, PE will take over

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Post ID: @bn+1m377cng2

What happens if you’ve been out of office but impacted in this round?

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Post ID: @bk+1m377cng2

San*ke he's snake

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Post ID: @b9+1m377cng2

@b7 bruhhhhhhhhhh

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Post ID: @b8+1m377cng2

@b5 yes - apac on the list

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Post ID: @b6+1m377cng2

Wondering if this will hit APAC..

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Post ID: @b5+1m377cng2

Got let go - been here 5yrs.

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Post ID: @b4+1m377cng2

Got let go this afternoon. Been with FactSet for almost 11 years

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Post ID: @b3+1m377cng2

I just got let go today in Product development in America's aftering working here for almost 20 years. Thanks.

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Post ID: @b1+1m377cng2

@am Same here, Invited to a 1:1 with my managed and about ten seconds in another person jumped on.

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Post ID: @ap+1m377cng2

Thank you Goran for letting me go this way after all these years at the end. I got family and kids. Heart broken.

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Post ID: @an+1m377cng2

This is targeted more toward SVPs and VPs.

I got invite from my manager and then HR showed up.

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Post ID: @am+1m377cng2

@ac how were you notified? Was an invite sent from HR?

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Post ID: @ak+1m377cng2

Product/Americas

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Post ID: @aj+1m377cng2

Sounds like it's more senior resources?

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Post ID: @ah+1m377cng2

Let go today in “Growth” lol Americas

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Post ID: @ac+1m377cng2

was engineering affected?

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Post ID: @ab+1m377cng2

Let go in Americas - sales

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Post ID: @aa+1m377cng2

@a7 Yes... me :)

Whoever is not impacted. Good luck! Keep going!
Whoever is impacted - absolutely, DO NOT lose hope. It's hard, but you'll get over it soon. Good luck in your next chapter!!

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Post ID: @a9+1m377cng2

@a7 Yes. Product in Americas.

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Post ID: @a8+1m377cng2

Has it hit Americas yet?

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Post ID: @a7+1m377cng2

Generalist or specialist?

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Post ID: @a6+1m377cng2

Got let go. RCS (Thanks Goran)

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Post ID: @a3+1m377cng2

Sales this morning - in EMEA

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Post ID: @a2+1m377cng2

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