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RCS Townhall - hard to watch
What happened to sales? Not a single person could speak without reading a script. Can any of them be authentic like SV? Just speak naturally instead of something you clearly know nothing about. One of the regional heads in the USA spoke for 10mins... — read more
RCS layoffs ?
Will there be layoffs in RCS ?
FactSet Rank - WSJ - The 2026 Best Companies for the Future
The Wall Street Journal evaluates how leading US corps stack up in 6 areas: AI readiness, innovation, talent readiness, financial fitness, resilience and agility. FactSet ranks #473 overall with an Overall Score of 34.4, one of the weakest results... — read more
Lock in
Lock in guys, lock in.
Willing to Help
Hi - I was laid off in a previous round of cuts and landed another job after 6-8 months during which I took some time to sit, process, and be present with my family. I'm willing to connect with anyone affected in this latest round to see if I can... — read more
Ai Foundry
Does anyone has the slightest idea what whoever works in the Ai foundry are doing ? Radio Factset says we won't tell you bunch of stupid people.
HR & Finance: Over 300-400 people Each (Over 800)
I understand that we have to go through a RIF with Engineering and Products. However, why do we have so many people in HR and Finance? Not to mention the recruitment department where we currently have no hiring to do, yet there are around 50 people... — read more
I can't figure out what logic they're using to decide who stays and who goes
The way leadership picks who gets cut here is totally random and makes zero sense. They've let go of some really talented people plus newer folks, and none of it seems to follow any pattern.
No warning
People were let go with no warning. None. That's the scariest part of this whole thing to me. If there had been at least some indicator, something. But being a high performer and one of the most experienced people there, only to have the rug pulled... — read more
Real-time
FDS seems to want to give the impression that they’re investing in real-time. What’s the strategic thought process there, seen the fact that it requires substantial investment to set up. It seems an odd choice when you’re already struggling.
Who'll pick up the extra workload?
I know I won't. I don't give a damn what's expected, I'm already overloaded as it is.
How are we supposed to feel after this?
Morale was already down, and now we can add to that feeling completely disposable. Knowing some of the people who were laid off, it's clear nothing we do, no matter how good or knowledgeable we are will save us. How are we supposed to deal with that... — read more
PE
When do you think the PE will come in and what companies do you reckon will be the potential buyers?
How Many MCP Emails Do We Need?
Another Friday email about MCP. The fifth? Tenth? Who knows anymore. The topic changes slightly, but the result is always the same: lots of buzzwords, very little substance, and almost nothing employees actually care about. Same goes for Radio... — read more
My team is crippled now
To the point that I don't know if we'll be able to get anything done.
What's the total?
How many did we lose in this round? Also, can we finally consider this over or will it continue somewhere down the line?
Can somebody please share if they know of somebody who's been laid off today?
I'm not asking for any details, it's just that my anxiety is hitting new levels with not knowing whether any cuts are taking place today or not. Just a simple yes or no. Please.
Most women let go from the group
I hate making this a gender thing - but this feels discriminatory. I joined Factset in 2022 and witnessed 2 rounds of layoffs. Originally my team had a total of 13 people originally (7 women and 6 men. There were more women in the original team... — read more
My team lost several good and hardworking folks
That tells you clearly that this had nothing to do with performance, and everything to do with a bunch of numbers on a spreadsheet. A very, very stupid move long-term.
Will layoffs continue today?
And if so, any ideas on what's going to get hit?
WARN company?
If Factset is a WARN company, shouldn’t they have announced layoffs? Last Sanoke dodged the question. Secondly, under WARN act shouldn’t Factset have given us the term date of 90 days later?
So sorry for everyone affected
Not good times to look for another job. I sincerely hope you all get lucky and land better jobs soon.
Layoffs again
Sounds like another round of layoffs. Couple hundred from engineering side. Feel for those affected. I guess the strategy remains you can fix leadership problems by laying off experienced engineers.
RR Retiring
Amazing career. Built fds entire analytics business. Quite a legacy.
Lawsuit
This speaks to the cesspool that is Norwalk as a location & Client Solutions as a department. No wonder they axed that whole team in... — read more
Symposium Energy
Terrific event. The client and partner excitement has been very high particularly around AI
Anyone catch that quarterly call QA on Europe Hiring freeze and layoffs?
The question was when will the European internal hiring freeze be lifted and is there another layoff coming soon. It was responded by effectively “Hiring freeze will not be lifted any time soon. Anyways I think everyone should be building agents... — read more
CFO Change
HS gets booted as CFO and no comments? What's going on?
Additional CUSIP lawsuit. Great job Phill!
https://dockets.justia.com/docket/pennsylvania/pamdce/1:2026cv00495/150515#:~:text=Filed:%20February%2027%2C%202026%20%C2%B7%20Court:%20U.S.,Nature%20of%20Suit:%20Anti%2DTrust%20%C2%B7%2015%20U.S.C.
Layoffs in April
Has anybody else heard about potential layoffs in April? What are the chances it's really going to happen?
What a ride - from great place to work to lord of flies!
I want to take a moment to express my deep appreciation for the culture at FactSet. Kissing a-s is the only way to get any meaningful traction. Special dedication to the HRBP, L&D, Talent Delivery and Organisational Effectiveness leadership. Your... — read more
FactSet sinking slowly
Grab your life vest, and jump ship. You heard it straight from the CEO.
Stock retreating
Looks like a tough quarter. When do the layoffs start? They need to get the margins up.
Noticing a Pattern: Female Leader Exits
A pattern of female leaders exiting certain areas of the organization.
Positive Energy
Optimism has returned. Sanoke is a strong leader with conviction. It‘s like the last 10 years of leadership was just a bad dream.
Reorg?
What is going on at this company that close to 100 people can sit on a call like this morning and think we have the right people in charge??? It’s almost like they didn’t have months to prepare. Hope actual leadership watch the recordings (or... — read more
What is FactSet‘s key IP?
As interfaces move to AI platforms, I was trying to figure out which market data providers have the most proprietary value. I think this may be part of the challenge they are facing. MSCI = Benchmark/risk models LSEG = Exchange, RT S&P = Ratings... — read more