FICO Cuts 15% of Workforce to Accelerate AI Integration into Analytics Platform

Fair Isaac Corporation announced on October 1 a sweeping restructuring plan that will eliminate approximately 15% of its workforce—roughly 580 positions—as the credit-scoring and analytics firm aims to embed artificial intelligence more deeply into product development and streamline operations. The Bozeman-based company, whose FICO scores are used by nearly 90% of lenders to assess consumer creditworthiness, will notify affected employees starting the week of October 5, with the initiative expected to substantially complete by the end of the third quarter of fiscal 2027.