Should be interesting to see if any of the sky is falling predictions are true
Letter to Helen Shan
Dear Helen, Thank you for visiting our office. I noticed you looked visibly happier. I didn’t have the heart to ask this during the town hall, yet I believe you’ll get this through your Marketing team or HRBP gossip. How do you manage your... — read more
Problems in APAC
All of the comments are about places outside of Asia Pacific. But the real problems are in Asia because there has been no strong leaderships for long time. The last CRO one left a gift departing with selecting the head of the region who has little... — read more
Marketing Team & Sales Operations in RCS
As we continue to feel the pressure from clients and constantly look for ways to manage costs in RCS, have you considered reviewing the productivity of the marketing and sales operations teams? Cost cutting always seems to hit client solutions and... — read more
RR vs PS
What leverage does RR have on PS that PS hasn’t fired RR yet? Remember when RR was supposed to move to London but didn’t? Remember when RR wanted to help his friend FF by bringing him back under the SBU? RR hasn’t produced any meaningful... — read more
Great acquisition today!
Huge for the Sell Side business
CUSIP
it’s getting close
3 Day RTO - Mondays
Fu--ing seriously? Mondays?? No exemption for distance? So I can go in another day after a 1.5 hour commute to shoot the sh-t and get distracted? Fu--s sake man
Change to our “values”
I guess FDS no longer values diversity or at least doesn’t want to go on record as such. In its FACTS values online the word diversity was conspicuously removed from our Always Inclusive value. Irrespective of how you feel about this change, it is... — read more
Head of America sales (aka Head of Holiday Parties)
Stunning to see head of sales in America attending all holiday parties for each office. However hardly to see her going client meetings. Shame if we ever see a change in sales after what HS did there for couple of yrs. You get what you get when... — read more
Ridiculous workload
This past year has been a nightmare when it comes to workload. So many are gone that we're stuck doing an absurd amount of work. I barely have a life outside of it anymore. Complaining doesn't help, since the usual response is "be grateful you still... — read more
Layoffs?
Heard that there were only quiet ones after year end. Not firm wide large percentage
Just view job here as a temporary arrangement
There’s almost zero opportunity for career advancement. Management is incompetent and rude. Company seems directionless. Everything exists in the service of leadership. You can be laid off anytime. Don’t make me even start on reorgs. I stopped caring... — read more
ELT Comp uptick vs. Employees Flat
Look at proxy published today - rubbish performance by company and ELT meanwhile they all got raises including Helen/CFO/CRO. I am not certain how she got salary increase + stock/options annnnnnd made more than last year. Employees got zero to... — read more
Another exec out
Here we go again. CIO out who was vocal about change and fixing things. Guarantee new CIO will be a lifetime FSer with no vision and will keep things archaic. It is so sad what is happening here. There is so much potential but this leadership is... — read more
Height of hypocrisy
Let’s look at what’s happening: ELT is dumping stocks (making millions) 50 random employees are asked to go to LasVegas as an incentive trip (flying premium economy) There is no pay-rise, non existent bonus, frozen t&e, no replacement... — read more
Oops they did it again!
Heard about the #crazyshitheardatFDS post which called out on some hilarious statements made by HR and Sales Leadership. Can’t see it now. The consolation for those that posted on the thread, what you had to say was read! Although they took the easy... — read more
It is not what you know at FactSet but who you know
The old school FactSet guards are the issue here. They are all stuck in the 80’s and have no desire to look at any new ideas or changes - they know best. You have to either agree with them or be punished via comp bc their buddies will get the higher... — read more
Desperate move by CRO & HR - Removing Posts
Unfortunate to see people cannot share their comments/feedback here before Helen and HR asking to remove posts. Similar to what they do in the company, reading Glint & Teams, they are trying to remove all facts about them. I started a thread on... — read more
Further layoffs in pipeline?
How does Helen taking the cfo role affect further cost saving efforts?
CFO and CRO appointments - will they turn the ship around?
I am not optimistic. But that became a habit, after years of experiencing bad management and chaotic reorgs. Your thoughts?
Finally a change in CRO for the better
https://www.morningstar.com/news/globe-newswire/9191736/factset-appoints-helen-shan-as-chief-financial-officer Helen Shan, a seasoned FactSet executive who currently serves as Executive Vice President and Chief Revenue Officer, has been appointed... — read more
How to work with two-faced
No doubt on capability, however, well behaved in front of managers or those in power, and throws you sh-t whenever no one else is around. While this is normal in any corporate setting, it has been mentally exhausting to dealing with it on daily... — read more
Another reorg? LOL
As if that’s gonna help. I start to think that reorgs are some kind of compulsion upper mgmt suffers from. Or could it be that they have no clue what they’re actually doing? If they were competent, we wouldn’t get ourselves into this state to begin... — read more
Confirmed!!! CRO (chief Reorg Officer) did it again!
She did it again.. wait - don’t get excited - Not selling but another bloody reorg. Not sure what’s worse, the presidential debate in the states last week or her town hall yesterday. However we got confirmation for few points: *** Not sure others... — read more
Mgmt is ki-ling this company
If you still perform poorly after so many interventions, layoffs, changes in “strategy”, reorganizations, then it may be time to change management, no?
Vegas Party for Sales but no Bonuses for others
Phil/Linda/Board - you cut 8-10M bonuses from people each quarter, no resources, no backfill and people leaving in products but you allow Sales to have party in Vegas in November? How is this fair to others? Why are you allowing this to happen?... — read more
RCS - Revving up that damn Engine again
Helen did it again - another bloody quarter with no real top-line or strategy to turn this damn business around. 2 years of underperforming, multiple layoffs, reorgs and cr-ppy weather forecast have gotten us nowhere. Reorg should be her middle... — read more
Insightful Earnings call.
CFO feels like Taylor Swift - CEO can’t contain his fake optimism - CRO has started to talk about how market conditions and “one off” instances have affected ASV. Get some “facts” and quit the posturing! Take a good hard look at how decision making... — read more
Another Reorg and Potential layoffs in July/August
Bravo CRO aka Helen Shan for another bloody reorg and her performance over the last 5yrs. My team sit on the product side and I was told by some of the sales teams that we are doing yet another reorg in less than a year. She made a mess with CTS and... — read more
Re-org
Last time there was a re-org a the last company I was with. There were layoffs
ELT playing games..
Did anyone attend the call for SVPs post the Q2 earnings announcement- it seemed like you could see daggers exchanged via looks and demeanour. The CFO and CRO rivalry has been evident for a while - but it blew my mind how cleverly one made a... — read more
Have we really resorted to this type of marketing?
https://www.lbbonline.com/news/factset-says-no-to-boring-b2b-advertising Provides no value to clients or describes any competitive advantage. Can’t believe this was approved by CEO and marketing
Q2 Earnings Call
Anyone else worried that another round of layoffs is on the horizon within the next 6 months?
It's now all about quantity over quality
After a nearly 20 yr career and 1s and 2s my entire career, I was laid off. I was well known as a top performer across the firm. Folks, its not the company doesn't care. They don't care and honestly never have. Ever since Phil 2.0, the trend has been... — read more