Recent events
Recent events tied to this brand in public sources.
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2026
FICO announces 15% workforce cut and management restructuring
Fair Isaac Corp. (FICO), via a filing with the SEC on Tuesday, said it will cut 15% of its workforce and streamline operations by reducing management layers, simplifying its operating structure, optimizing processes and tools, and integrating AI-driven product development. The workforce reduction began this week and is expected to be completed by the end of the third quarter of fiscal year 2027, with an estimated $27 million in pretax charges in the fourth quarter of 2026 tied to severance and related costs. The company had 3,811 employees at the end of September 2025.
2026
FHFA moves Fannie Mae and Freddie Mac to one mortgage pricing grid, with VantageScore joining the FICO Classic pricing grid
Federal Housing Finance Agency director Bill Pulte announced changes to mortgage pricing, moving Fannie Mae and Freddie Mac from two separate pricing grids to one pricing grid, with VantageScore joining the existing FICO Classic pricing grid. Fair Isaac shares plunged 18% in premarket trading following the announcement.