FICO to cut about 15% of positions in AI-driven restructuring

FICO to cut about 15% of positions in AI-driven restructuring

6 October 2026: Fair Isaac Corporation, the credit-scoring and decision-software company better known as FICO, has told the US Securities and Exchange Commission that it will eliminate approximately 15% of positions across the company. The plan covers management layers, operating structure, processes and tools, and what the filing calls integrating AI-driven product development.

Not yet independently verified. Headcount is not in the filing; the roughly 570 figure is a Reuters estimate from the September 2025 employee count. We will update this when it can be confirmed, and remove this note.

The filing is a Form 8-K under Item 2.05, costs associated with exit or disposal activities. It says management committed to the plan on 1 October 2026 and that affected employees were notified beginning the week of 5 October 2026. FICO expects the plan to be substantially completed by the end of the third quarter of its fiscal 2027.

On cost, the company expects aggregate pre-tax charges of approximately $27.0 million, all in the fourth quarter of fiscal 2026. The charges consist of employee severance and related costs, calculated under the existing severance plan or local statutory requirements, and substantially all of them are expected to become future cash expenditures. The filing adds the usual caution that the timing, scope and cost of the plan could differ materially from these expectations.

The filing gives no headcount. Reuters, reporting the news, notes that Fair Isaac had 3,811 employees at the end of September 2025, so a 15% cut would affect roughly 570 people on that base. That figure is the news agency's arithmetic, not a number FICO has confirmed, and the company did not immediately respond to Reuters about how many workers are affected.

The 8-K does not say which products, regions or teams are involved, and it makes no statement about changes to customer support, roadmaps or contracts. Customers of FICO's scoring, fraud and decisioning software who want to know whether account teams or delivery staff are affected will need to ask their account managers directly.

Company profile on TrustList: Fair Isaac Corporation (FICO)

Sources

• Fair Isaac Corporation: Form 8-K, Item 2.05 (SEC EDGAR), 6 October 2026
• ETHRWorld (Reuters): FICO cuts workforce by 15% in AI-driven restructuring, 7 October 2026