Thread regarding FactSet Research Systems Inc. layoffs

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 Analytics, and the entire sales organization. Product and Engineering teams have to pay the price for her performance and constant reorg. This should be reported to BOD for the impact will have for other employees.

We all have to go through this pain for her dysfunctional organization. Look at FDS price - it stays the same for the last 5yrs as CFO and CRO - hall of shame.

People be ready for another reorg and layoffs in coming days.

CEO/Board - make a change. Your are responsible for this rubbish performance.

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| 1855 views | | 3 replies (last June 14)
Post ID: @OP+1t0bF0lx

3 replies (most recent on top)

I feel like the CFO got enough out of the last round of layoffs - and they might potentially wait till Q1 FY’25 to do them transparently. Wouldn’t be odd if there were silent layoffs occurring for those who are deemed as expensive old timers in pockets here and there.

The real conundrum is that we’ve not had a consistent global head of sales in the last 8-9 years - time to question the decision maker rather than point the g-n at the person chosen to execute the decisions- her reorganisation bids are rather ill conceived and don’t go beyond the surface but clearly she has long enough rope to make the mess she has. I feel sorry for her - she never really took the time to learn or understand Sales at FactSet - and I wonder if she has the flair or following to make her changes effective on the ground without being cornered by product, specialty and finance.

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Post ID: @1bwr+1t0bF0lx

I wonder if they will mention anything regard potential layoffs during earnings call next week.

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Post ID: @1oer+1t0bF0lx

I wonder what her new “weather forecast” will be. I remember the CEO thinking that was so brilliant while the rest of us laughed lol

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Post ID: @xet+1t0bF0lx

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