Thread regarding FactSet Research Systems Inc. layoffs

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 have a job." I get it, I have a job, but does that mean I can't have a life too? Does this ever actually get better?

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| 1990 views | | 9 replies (last March 4)
Post ID: @OP+1jhgrmkkn

9 replies (most recent on top)

Just stop working so hard, nobody will notice or care, and your raise will be 0% whether you work or not

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Post ID: @7aj+1jhgrmkkn

“Where is the big client loss or important product fail?”

Here is a list of our acquisitions that have at best faded away if not been completely dismantled:

  1. CodeRed
  2. Cymba
  3. BiSam
  4. Portware (cash cow but no real integration with FDS)
  5. FDSG
  6. Cabot ESG
  7. CUSIP ( legal entanglement and anti trust motion)
  8. AA, Buggy Portfolio Simulation.

Partnerships with Axioma, Aladdin, Quantopian, Data Robot are namesake at best.

Client cancels? Do we track them in any meaningful way beyond Sales and Consulting? Do cancels due to product gaps get aggregated beyond rpds, if at all?

One can close one’s eyes and pretend everything is hunky dory. It’s convenient, not appropriate.

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Post ID: @3cd+1jhgrmkkn

L&D is a joke. Ask the L&D VPs to give a demo on FactSet. I’ll be surprised if they can speak for more than a minute. They teach people to swim without ever having entered the water themselves.

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Post ID: @23r+1jhgrmkkn

Cut the L&D department in half, who would notice?

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Post ID: @1d6+1jhgrmkkn

Minions.. apt..

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Post ID: @1d1+1jhgrmkkn

CH is too busy flaunting her jewels and working from home to do anything meaningful about employee engagement and burnout. She is toxic and leading her team of minions to be the same.

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Post ID: @1cf+1jhgrmkkn

CH does not recognise attrition to be an issue & finds it convenient to not approve backfill as an easy of of maintaining margins. Shes does not recognise that this is at the cost of employee burnout leading to further attrition which will deepen the ASV hole and lack of pipeline. It takes courageous leadership to come out of this vicious cycle. Courage and leadership are both top traits the ELT lacks. Godspeed

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Post ID: @1a1+1jhgrmkkn

Seeing the volume of deferred maintenance, rushed new work, and products simply abandoned leaves me to wonder when something fails? In my years here, nothing seems to have blown up horribly...lots of things silently recede into the background.

Where is the big client loss or actually important product fail?

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Post ID: @cx+1jhgrmkkn

That’s part of the “efficiency” story the ELT has been selling on investor calls. Might get better if a one off team gets backfills but unlikely in general.

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Post ID: @ar+1jhgrmkkn

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