Fair Isaac to Cut 15% of Workforce
MT newswire2026/10/06 21:2805:28 PM EDT, 10/06/2026 (MT Newswires) -- Fair Isaac (FICO) plans to eliminate about 15% of positions as part of a workforce reduction to simplify its operating structure, optimize processes and integrate artificial intelligence product development, the company said in a late Tuesday filing. Affected employees began receiving notifications this week, and the company expects the workforce reduction to be substantially completed by the end of Q3 fiscal 2027, it said. Fair Isaac expects to incur about $27 million in pretax charges in Q4 fiscal 2026, primarily for employee severance and related costs.
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