Thread regarding FactSet Research Systems Inc. layoffs

Any substance to Norwalk downsizing and hq relocation rumors?


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| 2 views | | 7 replies (last 4 days ago) | Reply
Post ID: @OP+1kzep0f06

7 replies (most recent on top)

Maybe then they’ll start paying “New York” salaries to employees in New York?

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Post ID: @2yw+1kzep0f06

I overheard the real estate legal person talking about the “long” term goal is NYC. She did also mention about cutting 7/8 floors in Norwalk.

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Post ID: @2dy+1kzep0f06

@qn head of AI lady (old CTO) - doubt she will be here long term

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Post ID: @rn+1kzep0f06

Yes - they will close all except one floor by December.

Next will be moving HQ to NYC.

Dont expect many left in Norwalk by this time next year.

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Post ID: @rm+1kzep0f06

Any senior leadership left in CT besides JC?

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Post ID: @qn+1kzep0f06

I would think that senior mangement would expect a competitive cultural jolt to the system by moving headquarters out of sleepy Norwalk and back into midtown where "all the action is". Yes, purely on a cost basis, Norwalk is cheaper - by far. But if you are looking to bring in more of a sense of urgency, of drive, or feeling the competition, the hustle and bustle - midtown would be a big improvement.

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Post ID: @pp+1kzep0f06

Interested to see. Don’t know why they would relocate from CT to NY with how expensive corp leases are in manhattan.

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Post ID: @pd+1kzep0f06

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