Thread regarding FactSet Research Systems Inc. layoffs

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.


by
| 1 view | | 4 replies (last 2 days ago) | Reply
Post ID: @OP+1ktjs5rmj

4 replies (most recent on top)

Someone else will run content soon. CEO is replacing every single one who did not deliver.

JC was a nice character but struggle to run that org. Now joining the successful CPO who never built a product to be head of product.

SV is too smart not to see this. More changes coming.

by
| | Reply
Post ID: @g3+1ktjs5rmj

There’s a real need and demand for prices though, be it end of day or real time. I do however suspect on the slight over-investment to show positive sentiment. Else, definitely much more practical and visible in terms of demand than AI AI AI, which is kinda, just another delivery channel isn’t it

by
| | Reply
Post ID: @c3+1ktjs5rmj

Investment is fine, we need good execution, especially if we’re trying to build something ourselves instead of acquiring again, flop and start blaming everyone. Good execution includes accountability, good hires etc.

FYI RT was an investment signed off by previous CEO during the peak around 2024-2025. Prices are basic dataset to every data vendor out there can you believe we only start doing this in 2022~? ICE already in light years ahead …

by
| | Reply
Post ID: @bk+1ktjs5rmj

We never do - deep Sector, workstation, AI Foundry, Reporting, Performnace, Privates, F&E, and more

All M&A struggling - not single success with one.

by
| | Reply
Post ID: @b3+1ktjs5rmj

Post a reply

: