Topics regarding layoffs at Blackbaud Inc.

Topics regarding layoffs at Blackbaud Inc.

More Coming in Q3 or Q4

I've heard that more changes are expected in Q3 or Q4 of 2025, as BB India continues training to take on additional cybersecurity tools. Cyber teams should anticipate significant shifts, with a potential reduction in staff as BB India expands its... — read more 

Another week of uncertainty ahead

It’s clear we’re heading downhill onshore. I’ve more or less come to terms with the high likelihood that I’ll be out of a job soon. If only the job market weren’t this rough.

How is the layoff list made?

I used to believe it was about performance. Now I’m not so sure. Some people who barely worked got cut, sure, but I’ve also watched top performers get pushed out. It feels random. Or worse.

What is the end game?

They posted a ton of jobs in India the same day they made a RIF in the US. How many more times will this happen? How big will India get? Will it just end up being the ELT in the US and a few directors and everyone else in India?

Pretty shocked they haven't said anything

In the most recent RIFs they at least emailed within 24 hours or so of the day it happened. Feels weird an unknown amount of our colleagues were just laid off (unsure of impact but it sounds like a lot) and not a peep. I wonder if they're... — read more 

More cost cutting coming our way

Read the writing on the wall, there's a huge reason why they are pushing for India hiring and it's not because we'll all be one big happy family. It's to reduce the biggest expense to a business, payroll. Because we aren't organically growing... — read more 

avoided a land mine

Almost got hoted here. Offer was rescinded last minute due to strategic realignment. Sounds like things getting bad. Bullet dodged. #Thankful BTW interview switched from improving things to how to reduce costs after I asked some lucky questions... — read more 

Clearlake

Damn that Clearlake offer looks good now. Bonus and ltip get less valuable by the day. Time to polish up that resume.

downhill from here - get out while you can

Leaders offshore boondoggle in Hawai strategy plan reduce costs wherever possible. Huge push to offshore as many positions as possible to India upcharge on renewals. We are bleeding and can only increase revenue by significantly charging more... — read more 

So, Everfi…

Glad to see that the ELT is taking responsibility for a bad acquisition. A ‘nominal amount’ of accountability would go a long way

Layoffs within the last week?

I’ve noticed an uptick in “Open to work” posts by Blackbaud employees within the last week and one employee said their role was reduced…anyone know what’s going on?

Impairment Charge

https://investor.blackbaud.com/news-releases/news-release-details/blackbaud-announces-impairment-charge-related-everfi-assets#:~:text=12%2C%202024%20%2FPRNewswire%2F%20%2D%2D,be%20up%20to%20approximately%20%24415 When I saw this I thought they were... — read more 

Earnings... Wtf

Wow the earnings tell me that we should anticipate a massive round of reductions. The C suite cant make their lofty bonuses and goals without it at this stage. This C suite su-ks and needs to go. Just look at the earnings they are horrible. ... — read more 

New round of layoffs?

Hearing rumblings of another round of layoffs affecting some engineering and product folx today. Not sure of the scope yet, hope it's minimal.

Earnings miss

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

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| 539 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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| 880 views | | 4 replies (last February 20, 2024)
Post ID: @OP+1raUidOj

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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| 1908 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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| 1535 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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| 1505 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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| 1379 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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Post ID: @OP+1lkXSfFR

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