FICO cuts workforce by 15% in AI-driven restructuring
FICO•FICO said it would cut about 15% of its workforce as it simplifies its operating structure and integrates AI into product development. The company had 3,811 employees at the end of September 2025, and expects about $27 million in pre-tax charges in fiscal fourth-quarter 2026.
1. Workforce reductions
FICO said it would cut about 15% of its workforce, potentially affecting about 570 workers based on its 3,811 employees at the end of September 2025. It began notifying employees this week.
2. Restructuring costs
The company expects about $27 million in pre-tax charges in the fourth quarter of fiscal 2026, primarily related to severance. It expects the plan to be largely completed by the third quarter of fiscal 2027.
