I left FactSet in June of this year after 6 years, started to feel like the culture was shifting. Very sad to see posts like these, a real shame
8 replies (most recent on top)
I see no reason to think that these layoffs are isolated incidents. They will continue. Maybe not immediately, but definitely.
We see tech companies do RIFs all the time. But the difference is the successful companies also keep hiring. People still want to work there because they believe it’s a good opportunity.
I don’t think Factset will ever return to the level of job security, work culture, or stock price it had a few years back. I think this is the new normal. All of this is my subjective opinion obviously.
If they're cutting more then it'll be before November bonus so I guess bloodbath in October?
@OP Was anyone from the ELT and/or Senior Leadership let go?
@bd this will be ongoing for a while
@b6 i thought the whole point was to get this done before the earnings call? That way sanokey can have a line about “agentic optimization and improved productivity”
Still going until next week - more will come after Nov Bonuses
This round at least