Thread regarding FactSet Research Systems Inc. layoffs

Any rumors of another layoff happening this calendar year?

by
| 1291 views | | 7 replies (last August 27, 2024) | Reply
Post ID: @OP+1u9pLs9x

7 replies (most recent on top)

More is coming ... agreed will be silent layoffs. Helen is working on that already.

by
| | Reply
Post ID: @4jjn+1u9pLs9x

I wouldn’t rule out silent layoffs which are being done in pockets under the guise of efficiency. Would be interesting to see if the new CRO can actually trim the number where it’s necessary / collaborate effectively with the SBU’s rather than focus on mindless empire building.

by
| | Reply
Post ID: @3sqr+1u9pLs9x

Product org has no role. It was a “ strategic “ group for ideas. W no power. And place for old timers to hang out. People in it will just move to sbu

by
| | Reply
Post ID: @1ivp+1u9pLs9x

Hopefully not. What have they learned from previous 2 or 3 rounds of layoffs? Teams are running at skeleton crews.

Hopefully the shifts at c suite level + no backfills for the CPO role will help realize the margin numbers…

by
| | Reply
Post ID: @1qof+1u9pLs9x

I guess someone knew something

by
| | Reply
Post ID: @fdj+1u9pLs9x

Sure

by
| | Reply
Post ID: @mfl+1u9pLs9x

Depends on eps report at end of month. If revs continue in 4 % growth range , watch out. Can’t rationalize the head count

by
| | Reply
Post ID: @wkx+1u9pLs9x

Post a reply

: