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Fair Isaac plans to cut about 15% of workforce

Fair Isaac Corp. announced plans to reduce its workforce by approximately 15%.

FICO

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09:24:46 PM UTC
SquawkNews
By Stephen NakrosisFair Isaac said it will reduce its workforce by about 15%, and expects it will incur pretax charges of about $27 million in the fourth quarter.The company said it will reduce the number of layers in its organization, simplify its operating structure, optimize processes and tools…