Layoff News
FICO Will Layoff 200
By joshua | Dated: 02-18-2011
Fair Isaac Corporation, better known as FICO, will lay off 200 employees or about 9% of its total work force. The layoffs are part of an ongoing restructuring caused by a slowdown in the financial market. FICO is best known for the development of the FICO score, the industry standard for credit scores used by lenders to asses risk.
FICO is a Minnesota based company with over 350 employees in Minneapolis. 20 of the cuts will come from that area and the rest will be spread throughout the company. Affected workers will receive notices on Wednesday, the company said.
Career Connect (From our other career blogs):
- Employment News (Sponsored by EmploymentSpectator)
- Following Your Passion-Literally! (Sponsored by iamnotastalker.com)
- Job Search Advice from the CEO of TravelingCrossing (Sponsored by aharrisonbarnes.com)
- Layoff News (Sponsored by LayOffWatch)
Testimonial of the Week
I was very pleased with the TravelingCrossing. I found a great position within a short amount of time … I definitely recommend this to anyone looking for a better opportunity.
- Jose M Santa Cruz, CA
Sign Up now
Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.
- We have more jobs than any other job board.
- We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
- We collect jobs from more than 4,429,376 websites and post them on our site.
- We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.
