Factset Research Systems layoffs, on the record
Every job cut, severance charge and restructuring Factset Research Systems reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from 12,398 to 12,444.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | 12,398 | August 31, 2024 |
| 10-K for 2025 | 12,800 | August 31, 2025 |
| 10-K for 2026 | 12,444 | August 31, 2026 |
Job cuts, severance and restructuring
Our summaryEmployee compensation costs fell in fiscal 2024 mainly because restructuring charges were lower than the prior year.
Word for word“Employee compensation costs decreased 170 basis points primarily due to a decrease in variable compensation costs and restructuring charges.” 10-K for 2024
Our summaryIn the EMEA segment, employee compensation costs fell mainly because restructuring charges were lower.
Word for word“Employee compensation costs decreased primarily due to lower restructuring charges, partially offset by an increase in annual base salaries.” 10-K for 2024
Our summaryEMEA had a net reduction in headcount, partly offsetting higher base salaries.
Word for word“The increase in annual base salaries was mainly driven by annual merit increases, partially offset by a net headcount decrease of 29 employees.” 10-K for 2024
Our summaryThe Americas and EMEA had net headcount decreases while Asia Pacific grew.
Word for word“As of August 31, 2024, compared to August 31, 2023, our net headcount growth in Asia Pacific was 3.7%, while the Americas and EMEA experienced a net headcount decrease of 4.8% and 2.0%, respectively.” 10-K for 2024
Our summaryRestructuring/severance charges were reported in the adjusted operating income reconciliation, totaling $259 thousand in fiscal 2025 versus $5,596 thousand in fiscal 2024.
Word for word“Restructuring/severance 259 5,596 Asset impairment — 3,443 Adjusted operating income $ 843,432 $ 832,653 1.3 % Operating margin 32.2 % 31.8 %” 10-K for 2025
Our summaryThe company reduced its net headcount, mainly in the content operations group, because of restructuring and reduced hiring.
Word for word“As of August 31, 2026, our net employee headcount decreased by 2.8% to 12,444, compared with 12,800 employees as of August 31, 2025.” 10-K for 2026
Our summaryThe company recorded restructuring and severance charges in fiscal 2026 that were far above the prior year, shown as an adjustment to operating income.
Word for word“Intangible asset amortization 76,205 73,036 Restructuring/severance 46,200 259 CEO onboarding costs (1) 19,521 1,675 Business disposition, acquisitions and related costs 8,255 17,761 India Labor Codes Reform 2,883 — Asset impairment 887 — Client bankruptcy charges 750 — Litigation reserve 650 — Sales Tax Dispute (2) — 2,398 Adjusted operating income $ 855,308 $ 843,432 1.4 % Operating margin 28.3 % 32.2 % Adjusted operating margin (3) 34.5 % 36.3 % Net income $ 533,481 $ 597,040 (10.6) % Intangible asset amortization 58,762 54,074 Restructuring/severance 35,625 192 CEO onboarding costs (1) 15,053 1,240 Impairment within Other assets (4) 12,338 — Business disposition, acquisitions and related costs 6,365 13,150 India Labor Codes Reform 2,223 — Asset impairment 684 — Client bankruptcy charges 578 — Litigation reserve 501 — Sales Tax Dispute (2) — 1,775 Gain on business divestiture — (17,205) Gain on sale of investments (5,015) — Non-operating income from business disposition (604) — Income tax items (493) 1,351 Adjusted net income (5) $ 659,498 $ 651,617 1.2 % 35 Table of Contents Net income $ 533,481 $ 597,040 (10.6) % Interest expense 54,684 56,324 Income taxes 116,235 123,918 Depreciation and amortization expense 180,830 157,691 EBITDA $ 885,230 $ 934,973 (5.3) % Non-recurring non-cash expenses (6) 26,177 — Adjusted EBITDA $ 911,407 $ 934,973 (2.5) % Diluted EPS $ 14.57 $ 15.55 (6.3) % Intangible asset amortization 1.60 1.41 Restructuring/severance 0.97 0.01 CEO onboarding costs (1) 0.41 0.03 Impairment within Other assets (4) 0.34 — Business disposition, acquisitions and related costs 0.18 0.34 India Labor Codes Reform 0.06 — Asset impairment 0.02 — Client bankruptcy charges 0.02 — Litigation reserve 0.01 — Sales Tax Dispute (2) — 0.05 Gain on business divestiture — (0.45) Gain on sale of investments (0.14) — Non-operating income from business disposition (0.02) — Income tax items (0.01) 0.04 Adjusted Diluted EPS (5) $ 18.01 $ 16.98 6.1 % Weighted average common shares (diluted) 36,612 38,385 (1) For fiscal 2026, these costs are related to the recognition, over their respective service periods, of one-time make-whole cash and equity awards issued to our CEO pursuant to the terms of his employment agreement.” 10-K for 2026
| Fiscal year ended | Restructuring charges |
|---|---|
| 2018-08-31 | $17.4 million |
Factset Research Systems has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Factset Research Systems’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-10-20. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.