The company is up for sale - more layoffs will come, 100 were just laid off
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Topics regarding layoffs at Blackboard Inc.
As usual, Bb laid off about 200 people (some were called position eliminations or not filling open spots) in order to try and make their numbers look good to private equity ownership and potential buyers. This has been repeated every year since... read more
Blackboard laid off about 100 people this fall due to poor financial performance - no growth and high costs - and apparently is continuing to "restructure" and eliminate positions at the end of the year.
Blackboard Inc. has laid off 90 employees, according to a source with knowledge of the job cuts, the second major round of layoffs since the education technology company’s $1.64 billion buyout by Providence Equity Partners LLC last year. The staff... read more
Blackboard has been know to buy competitors and to dismantle them imediately after the purchase - look what happened to Prometheus or WebCT...