How many did we lose in this round? Also, can we finally consider this over or will it continue somewhere down the line?
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Apply for jobs. Ask people to write LinkedIn recs for you. Save portfolio materials. Word from people in the Office of the CEO is that FactSet is looking to shrink even more. What do we expect from a CEO with a reputation for not caring about people no matter what company he's worked for. I literally watched someone buy him a drink and immediately dump it in the bathroom, wash his hands, and then ORDER THE SAME DRINK.
CTO refused to give the exact number in the townhall. He did say less than 10% of technology, and less than 2% of the overall workforce. Assuming FactSet has ~10k employees, that means about 200 people. That's in line with comments on other threads in this forum.
The CTO said a bit under 10% of engineering was laid off.
sadly their new playbook rolled out, will probably continue. no one should get too comfortable