Thread regarding FactSet Research Systems Inc. layoffs

When they say in town halls that compensation expense is up…

https://investor.factset.com/static-files/0cec8230-a5b0-4034-8f37-8b54fa6262e9


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| 104 views | | 12 replies (last 12 days ago) | Reply
Post ID: @OP+1m5xe87e8

12 replies (most recent on top)

Been reading through these comments. Funny how employees are expected to deliver results, accept raises that don’t even keep up with inflation, and be grateful for a bonus under $10K, while the CEO gets a $13M bonus alone. So much talk about valuing talent, but apparently that only applies at the top.

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Post ID: @w2+1m5xe87e8

@jg the stock price was pretty much flat from 2021-2025 and started tanking before SV even started working at FDS. I'm not saying SV is good or bad but we're in this mess because of 10 years of PS's incompetence. PS took over a company on the rise from Phil Hadley. SV took over a company that PS ran into the ground.

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Post ID: @jv+1m5xe87e8

@gw next you're gonna say "SV is playing 4-D chess, and you just don't see it."

It's been over a year, stock price significantly worse than under PS and the culture has turned to sh-t.

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Post ID: @jg+1m5xe87e8

Why are we paying 62 million for a foreigner when so many hardworking people got laid off?

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Post ID: @hq+1m5xe87e8

@df we cheaped out before and the $10 million CEO was garbage so now we need to overpay for a new guy to clean up the mess

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Post ID: @gw+1m5xe87e8

The real reason for all the cuts and layoffs is plain to see in this document. Sanoke got 62 million in addition to other wild C level expenses.

CEO pay Ratio: median of the annual total compensation of all our employees:

was 3,370 to 1 (or 833 to 1 excluding the impact of "make-whole" awards and annualizing the long-term incentive award).

So AI investment is a smoke screen. Its the 52 million+ more SV cost than PS.

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Post ID: @dj+1m5xe87e8

We went from a $10 million/yr ceo to a $60 million ceo. Thanks for taking my snacks and lunch while giving me garner

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Post ID: @df+1m5xe87e8

SV performance comment: "Rebuilt employee confidence through a period of significant change".

???? Does any employee feel confident in what's happening

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Post ID: @da+1m5xe87e8

I’m shocked more people are not visibly angry when the average increase was significantly less than inflation.

JW moving to pay lower salaries and more proportionally in bonus.. f—ks employees even more. What next?

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Post ID: @d4+1m5xe87e8

@ca $62 million in one fiscal year just for SV. Cutting lunch allowances and snacks, and rounds of layoffs, to just offset that. There's your new FactSet culture.

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Post ID: @cb+1m5xe87e8

"We could only afford 2.X% increases"

Take a look through this doc and see how much $$ is spent. $125k in personal travel, are they fr??

"Employee Benefits and
Perquisites
Up to $100,000 in legal fee reimbursements in connection
with negotiating Mr. Viswanathan's employment agreement;
up to $25,000 annually in tax preparation and planning
reimbursements; and up to $125,000 in personal travel
between New York and London, where Mr. Viswanathan was
based at the time he was hired

Rationale
Awarded to attract and retain a transformative leader like Mr. Viswanathan. For further
information on his fiscal 2026 benefits, see page 48."

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Post ID: @ca+1m5xe87e8

that is insane

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Post ID: @a2+1m5xe87e8

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