Thread regarding FactSet Research Systems Inc. layoffs

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.


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Post ID: @OP+1kt6r6dn9

26 replies (most recent on top)

@hh that is why you shouldn't finish projects

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Post ID: @kf+1kt6r6dn9

lead engineer laid off. just when I am close to wrapping up a major project. I feel used...now they're probably going to say "see, the layoff has no impact on the project(s)".

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Post ID: @hh+1kt6r6dn9

Technical writer got laid off

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Post ID: @hb+1kt6r6dn9

UK engineering too

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Post ID: @fc+1kt6r6dn9

@c3 Indian offices as well...

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Post ID: @e1+1kt6r6dn9

Was it just US? And just engineering? Other areas /regions following?

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Post ID: @c3+1kt6r6dn9

All they care about are quarter margins.. by the time these serious issues begin to impact them, they’ll have jumped ship to sc--w over the next company

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Post ID: @c1+1kt6r6dn9

Laid off in d + w. So much for no layoffs ahead!

This save them pennies in the short run but the people around will start to burn out taking on the extra work. Good luck

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Post ID: @bz+1kt6r6dn9

Laid off - technical program manager under pmo

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Post ID: @bm+1kt6r6dn9

Laid off from PM Excellence org. Senior role and 5 years at FS.

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Post ID: @bk+1kt6r6dn9

laid off from excellence engineering, gg. surprised to see other excellence folks swept up in this. good luck to those remaining.

see you space cowboy…

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Post ID: @bh+1kt6r6dn9

rest easy friends, you will each be replaced by 3 Indians spending $5,000 a month in Claude tokens to build software they can't hope to maintain at scale

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Post ID: @bf+1kt6r6dn9

Lead software engineer. US.

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Post ID: @b5+1kt6r6dn9

Lead software eng Laid off from PA Backend Engineering. Boston

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Post ID: @b4+1kt6r6dn9

From previous rounds, it's 30 days in lieu of notice + some comp for length of service (i.e. 3 weeks for every year or something similar). Equity will forfeit - you should ask about vesting of retirement plan if not fully vested.

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Post ID: @b1+1kt6r6dn9

@ax I got 30 days can anyone else confirm before I sign?

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Post ID: @b0+1kt6r6dn9

What's the severance being offered ?

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Post ID: @ax+1kt6r6dn9

Multiple confirmed layoffs in DW - Platform Engineering

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Post ID: @aw+1kt6r6dn9

More is coming. What is the #? 400-500?

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Post ID: @as+1kt6r6dn9

Laid off in PM Excellence, USA.

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Post ID: @aq+1kt6r6dn9

Laid off from Sales Engineering in the US today.

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Post ID: @ap+1kt6r6dn9

Which country and departments?

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Post ID: @an+1kt6r6dn9

Got laid off

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Post ID: @ak+1kt6r6dn9

got laid off in PM excellence

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Post ID: @aa+1kt6r6dn9

Not speculation

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Post ID: @a7+1kt6r6dn9

How sure are you about the numbers? Just engineering? Or are you speculating?

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Post ID: @a6+1kt6r6dn9

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