FICO to cut 15% of workforce; $27M restructuring charge

Fair Isaac committed October 1 to eliminate ~15% of positions through organizational restructuring and AI integration, with $27M in pre-tax severance charges expected in Q4 FY2026. The one-time charge is material but typical of disclosed restructurings; the layoff size is noteworthy but the plan details are vague on revenue impact, retention risk, or unexpected disruption costs.

FICO is laying off about 15% of its workforce and will take a $27 million charge this quarter to pay for severance and separation costs.