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# Fair Isaac Plans To Eliminate About 15% Of Positions, With A $27.0 Million Charge Due In Fourth Quarter
- URL: https://www.bullished.co/fair-isaac-plans-to-eliminate-about-15-of-positions-with-a-27-0-million-charge-due-in-cb03d7f9/
- Published: 2026-10-06T21:06:06.000Z
- Updated: 2026-10-06T21:06:06.000Z
- Description: An 8-K says the credit-scoring company will flatten management layers and fold AI into product development, finishing by the end of fiscal third quarter 2027.
- Author: Matteo Parrino
- Tags: Earnings, FICO, Industry: Technology

Fair Isaac plans to eliminate [approximately 15% of positions](https://www.sec.gov/Archives/edgar/data/0000814547/000119312526415732/d127042d8k.htm?ref=bullished.co) across the company, according to an 8-K filed Tuesday. Management committed to the workforce reduction plan on October 1.

## What the 8-K says

The filing, under [Item 2.05](https://www.sec.gov/Archives/edgar/data/0000814547/000119312526415732/d127042d8k.htm?ref=bullished.co) (costs tied to exit or disposal activities), says the plan will cut the number of layers in the organization, simplify the operating structure, optimize processes and tools, and integrate AI-driven product development.

The company expects aggregate pre-tax charges of approximately $27.0 million in the fourth quarter of fiscal 2026\. The charges consist of employee severance and related costs, calculated under the company's existing severance plan or applicable local statutory requirements.

Substantially all of those costs are expected to become future cash expenditures, so the charge will be paid out in cash rather than taken as a non-cash write-down.

Chief Financial Officer Steven P. Weber signed the filing.

## Timing and what it changes

Affected employees were notified beginning the week of October 5\. The company expects the plan to be substantially completed by the end of the third quarter of fiscal 2027.

For holders, the filing gives a size (about 15% of positions), a cost ($27.0 million, all in the fourth quarter of fiscal 2026) and an end date. It gives no savings estimate and no headcount number.

The company also cautioned that its statements on timing, scope and costs are forward-looking and could differ materially from actual results.

In after-hours trading Tuesday, as of 5:01 p.m. ET, FICO shares were at $695.46, up 0.85% (market data).

The next dates in the filing are the fourth quarter of fiscal 2026, when the $27.0 million charge is slated to land, and the end of the third quarter of fiscal 2027, when the plan is meant to be substantially complete.

### Sources

- [8-K Filing — FAIR ISAAC CORP (FICO)](https://www.sec.gov/Archives/edgar/data/0000814547/000119312526415732/d127042d8k.htm?ref=bullished.co) — SEC EDGAR