FICO plans a 15% workforce cut in an AI-led restructuring.

FICO said it will cut about 15% of its workforce as part of a restructuring centred on artificial intelligence. Based on the 3,811 employees it reported in September 2025, the reduction would affect roughly 570 roles, although the final number may differ.

The company expects approximately $27 million in pretax charges in its fiscal fourth quarter of 2026 and says most actions should be completed by the third quarter of fiscal 2027. The change comes as regulators widen mortgage-scoring competition by allowing VantageScore alongside FICO.