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?

Not good times to look for another job. I sincerely hope you all get lucky and land better jobs soon.

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.

Amazing career. Built fds entire analytics business. Quite a legacy.

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 

Terrific event. The client and partner excitement has been very high particularly around AI

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 

HS gets booted as CFO and no comments? What's going on?

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.

Has anybody else heard about potential layoffs in April? What are the chances it's really going to happen?

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 

Grab your life vest, and jump ship. You heard it straight from the CEO.

Looks like a tough quarter. When do the layoffs start? They need to get the margins up.

A pattern of female leaders exiting certain areas of the organization.

Optimism has returned. Sanoke is a strong leader with conviction. It‘s like the last 10 years of leadership was just a bad dream.

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 

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 

With Amazon and others announcing big layoffs and since this is a layoff blog , when is fds going to announce some ?

What’s going on ?

Saw they sold to private equity...what happened after FDS invested? Not a good fit?

Looks like Discovery is over according to the court docs. Any idea when the case goes to settlement or trial? Has factset disclosed the case yet or do they still think it‘s immaterial.

When does Sanoke make first moves/changes specifically at ELT level

Is the margin reduction for reinvestment in employees, hiring, comp, or product development? The change in the vesting schedule is not significant. It would be prudent to reinvest in junior employees, new hires, engineers given the recent pressures... — read more 

Halfway through the quarter, and surprise! Nothing has changed. The team of unqualified leaders continues to expertly guide the regions straight into confusion. The Head of Asia is still “getting up to speed” - an impressive 1.5yr onboarding... — read more 

What is PS legacy. Here are a few PLC ELT SBU DEI Deep Sector Cloud CUSIP Hiring Success Stock/Shareholder performance

An all-cash deal to buy an OMS nobody’s even heard of. Most of their marquee clients have already walked. The president of LB was quietly shown the door, and there’s still no real leadership in place. How on earth did none of these red flags come up... — read more 

YTD, 5 year, 10 year returns in abolute percentage. Fds. -40. -12. +77 Msci - 7 +60. +840 SPGI. -2. +32. +450 SP500. +14. +100. +250

Another brilliant move from Helen, our CFO. Never a thought for the employees or the long term growth of the company but just endless rounds of redundancies, reorganisations, cost cutting, and not this: scrapping company mobile phones and instead... — read more 

Disaster or outperform ?

As Phil scuffles into the sunset, leaving the company as weak as it's ever been, welcome Sanoke. Welcome to a company struggling with bad leadership, no strategy, and unfocused product decisions. Organizationally a mess and one reorg away from a... — read more 

Is that just a rumor?

Based on the document you provided, Sanoke Viswanathan has the potential to be a great leader at FactSet, but there are significant risks and conditions that will determine his success. Reasons Why Sanoke Can Be a Great Leader at FactSet: 1... — read more 

Stock price goes only one direction for the past month, and hasn't really changed in years. What's going on lately apart from Phil departure?

fds up 2% over last 2 years and 3% over last 5. And the BOD finally woke up? If they had only read this blog, they would have done it much sooner. Well done to the posters who told it like it is.

is it still going on? That guy who writes on linked in has been quiet. Wonder if it’s settled. I’m sure the new ceo would rather it be done before he joins. And I’m sure current ceo would rather they hold off so a settlement isn’t on his watch. — read more 

Predictions good/bad/ugly ?

We’ve mastered them, without seeing anything good come out of them. Bad, yes. Let’s hope this one, happening in a different context, actually brings some improvements. A real change this time, one with actual substance. And brains.

Thank you sincerely to HR and the CRO for listening to employees and doing the right thing for both the region and the company. This is a great step toward restoring the culture and performance we've missed over the past several years. You will soon... — read more