Wednesday, 7 October, 2026
Algorithm Over Analysts: FICO Cuts 15% of Staff in Major AI Overhaul
By TechShots Studio
Credit-scoring giant FICO is cutting approximately 15% of its workforce as part of an operating restructuring to deeply integrate artificial intelligence into product development. The transition will incur about $27 million in pre-tax severance charges, with the reorganization plan expected to conclude by the third quarter of fiscal 2027.