Thread regarding FactSet Research Systems Inc. layoffs

Layoffs are ongoing

We haven't had a single big layoff in a while. Now it's more of a rolling thing: trim this team one week, cancel that project the next, slice another department the following month. If you heard about the latest cuts and were surprised, then you haven't been paying attention.


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Post ID: @OP+1m04vxx8x

8 replies (most recent on top)

@OP by awhile, you mean June right? ~200 people

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Post ID: @214+1m04vxx8x

That’s because it’s super quiet layoffs and since folks are allowed to work from home it’s hard to tell who’s out. Check for status of “unknown”.

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Post ID: @11t+1m04vxx8x

@my it's cross-cutting, not any one dept. Thinning the herd

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Post ID: @rg+1m04vxx8x

Which departments are we talking?

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Post ID: @my+1m04vxx8x

From which departments?

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Post ID: @gd+1m04vxx8x

Any detailed updates? Random people are disappearing

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Post ID: @fw+1m04vxx8x

They’re for sure trying to be more sneaky about cuts as if it’s not already abundantly obvious to anyone who isn’t living under a rock…

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Post ID: @bv+1m04vxx8x

Big one should be in Sept right before EC and Comp season. Hope they cut big in HR and Finance for putting employees through this.

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Post ID: @aa+1m04vxx8x

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