Topics regarding layoffs at Blackbaud Inc.

Topics regarding layoffs at Blackbaud Inc.

Earnings miss

I’m scared, it was a pretty small miss, right? I was expecting more

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| 540 views | | no replies yet
Post ID: @OP+1sjeBpjh

Layoffs this or next week

Rumors are intensifying about layoffs before the end of the month. Any chance somebody here knows more about it?

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| 990 views | | 4 replies (last February 20, 2024)
Post ID: @OP+1raUidOj

The CEO was arrested on a DUI last night

Two days after the bad news from the earnings call After the stock dropped 12% Our projects are all a complete mess and everyone is spread thin. Whatcha think is coming next? Yeah. Hold on to your hats... — read more 

Annoyed still

"about this headcount" Code for we have more reduction in plans just not today folks, nothing to see here. We know if we do it today our workforce will go nuts so for today we can operate at "about this headcount". It's also great we can see... — read more 

And there we have it

Was only a matter of time. ClearLake offering at $71.00 per share to take BLKB private

Wow folks check the SEC press release today.

"SEC Charges Software Company Blackbaud Inc. for Misleading Disclosures About Ransomware Attack That Impacted Charitable Donors FOR IMMEDIATE RELEASE 2023-48 Washington D.C., March 9, 2023 —" Can we say it again, this companies leadership is in... — read more 

Another day another c level stock dump

Some Blackbaud, Inc. (NASDAQ:BLKB) shareholders may be a little concerned to see that the Executive VP of Finance & Administration and CFO, recently sold a substantial US$1.8m worth of stock at a price of US$55.81 per share. That sale reduced their... — read more 

End of the road

Let's thank those who have worked with us for years for the end of the road is today March 1 for so many of our colleagues affected by the Feb RIF. And oh those severance packages are puny in comparison to c level share payouts I must say. Let's... — read more 

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| 1970 views | | 1 reply (March 1, 2023)
Post ID: @OP+1lq46sJ8

Leave Blackbaud

Its no doubt unfortunate for all those folks that have been affected in some way by this. This was clearly a cost cutting move in anticipation of a Private Equity takeover. There is no faster way to make a company look more profitable than by an RIF... — read more 

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| 1560 views | | no replies yet
Post ID: @OP+1lp62V8t

I hate this

I quit my old job to join Blackbaud a little over six months ago. I had no idea then how quickly I'd have to worry about my job. While I survived this last round, I know people who have been here about the same time as I who were let go. Now I'm... — read more 

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| 1591 views | | 2 replies (last February 28, 2023)
Post ID: @OP+1logXtB3

Semi annual RIF

Blkb use to be awesome. However executive leadership has moved on from a company doing good to a company doing bottom line math. Yes the ELT is beholden to shareholders because you know it's a public company. This ELT though is fu----g special... — read more 

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| 1410 views | | 2 replies (last February 25, 2023)
Post ID: @OP+1lmw31Hp

Sorry to hear

I worked at Blackbaud for some years as a software engineer. Saw some layoffs. Including them laying off all their quality engineers. Never bought into their phony messaging of making the world a better place or driving social good. I quit years... — read more 

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| 1210 views | | no replies yet
Post ID: @OP+1lkXSfFR

More layoffs this year

Don't think for one minute it's over. We'll see many more people lose their jobs before the year is over. This incompetent leadership will continue to correct its own mistakes by cutting costs, which is easiest to do by reducing headcount. I don't... — read more 

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| 1020 views | | no replies yet
Post ID: @OP+1lkvmYbk

Those That Make Decisions Chose to Sacrifice Others

While decisions to do a RIF never come easily, the shortfall that we needed to make up that was created (directly or indirectly) by Executive leadership has a wide variety of corrective actions to take, What percentage of a cut to Mike’s’ annual 11m+... — read more 

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| 1410 views | | 3 replies (last March 2, 2023)
Post ID: @OP+1li4N0vg

Do they want even lower morale?

I really don't understand why this company works against itself. Why were the top performers cut? Is it that they are hoping for bigger attrition and think they will achieve that by cutting good employees and lowering morale?

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| 1180 views | | 1 reply (February 20, 2023)
Post ID: @OP+1lh8Hy5d

The leadership seems clueless

This is just my perception of course, but this leadership really seems to have lost its direction. Does anyone here trust that they have a vision and concrete plan for the future of this company?

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| 1380 views | | 6 replies (last February 24, 2023)
Post ID: @OP+1le1C7Qq

Absolutely tone deaf

It would be nice if the CEO, he-l, anyone from the board, could take 30 minutes out of their day to show up for a call to discuss things that have monumental impact on the company instead of shoving the IT manager in front of the angry mob to take... — read more 

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| 1670 views | | 5 replies (last February 18, 2023)
Post ID: @OP+1lewpZkv

Management stays silent

Management still doesn't have the decency to answer questions on company wide calls. Learning just how bad these cuts were. Sh-t show Blackbaud just screwed themselves out of some of the best talent in the industry. Other companies and non profits... — read more 

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| 1130 views | | no replies yet
Post ID: @OP+1leS4vsh

Investor Website

Check out the public filings on the Blackbaud Investor website. These a--holes made moves on February 13th and then got millions in stock given to them! Over $10MM between the people the on the public filings. Mike, Tony, David, Kevin (s), Jon. They... — read more 

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| 1710 views | | 3 replies (last February 23, 2023)
Post ID: @OP+1ldsiPXk

Is it true?

For those who were notified about being laid off - are there a significant number of great performers among you? Some comment that they know several excellent performers who have been laid off, and that totally depresses and worries me.

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| 1781 views | | 8 replies (last February 24, 2023)
Post ID: @OP+1lcmbhxI

I still haven't been notified

Does this mean that I can breathe easy and that I am safe, or is there a possibility that I could be notified in the coming days?

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| 1140 views | | 2 replies (last February 15, 2023)
Post ID: @OP+1lc2KR1O

Will support be safe?

Surely there would be no overlap in Tibco for support right? So support should be safe.

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| 990 views | | no replies yet
Post ID: @OP+1iEtvgHh

Bad

A number of people with 30+ years of tenure were laid off. I guess loyalty means nothing to Blackbaud not to mention the loss of knowledge and experience

Laid off in June. Anyone else?

I know there was a lay-off in May that affected a decent amount of people. I thought this was the end of layoffs for the year but I got laid off in June. Anyone else part of the June layoffs?

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| 1271 views | | no replies yet
Post ID: @OP+167Onf2g

2015 layoffs at Blackbaud

Get ready, things are not improving, and many folks are not happy with Blackbaud's management

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| 2640 views | | 1 reply (April 14, 2015)
Post ID: @OP+APjrXXu

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