Business · 1 hour ago
FICO cuts 15% of staff, streamlines operations with AI
Coolcaesar via Wikimedia Commons (CC-BY-SA-4.0)
Credit score company FICO is cutting 15% of its global workforce and reducing management layers as part of a restructuring plan. FICO's restructuring aims to simplify its operating structure and integrate AI-driven product development. FICO anticipates incurring approximately $27 million in pretax expenses for severance and associated costs during the fourth quarter of 2026.
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