Thread regarding FactSet Research Systems Inc. layoffs

7 replies (most recent on top)

@dn meanwhile head of quant still around. Unbelievable JC and KK did not do anything about it.

Must be so arrogant to go around saying the person should report to SV directly and knows more than the two co-heads.

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Post ID: @e8+1ky8h3wvd

Wondering when the technical debt explodes

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Post ID: @e3+1ky8h3wvd

@dh they are firing legacy employees to free up cash for new senior hires… all of them easy 7 figure packages - recruiting talking about it with everyone.

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Post ID: @dn+1ky8h3wvd

got rid of bunch of higher-salaried engineers to hire more senior directors who will depend on AI to get their job done. good luck!

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Post ID: @dh+1ky8h3wvd

Make way, technology just made 5 new external hires for Senior Directors roles

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Post ID: @df+1ky8h3wvd

August.

The meetings are happening this week and next. Anyone’s guess as to which products, probably ones not related to the big initiatives and with lower perceived ROI.

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Post ID: @ck+1ky8h3wvd

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