Dun & Bradstreet (D&B) Layoffs

Topics regarding layoffs at Dun & Bradstreet (D&B)

CV to close EOY

My manger was a on a call today with the discussion of the closure of CV. Word on the street business is slow with state of the world and will not pick up to 2qt 2021. Hold on to your hats.

What’s up with Malibu?

I heard from a SH contact that Malibu is next on the chopping block as a location. Something about the Austin office taking over as well as offshoring/outsourcing most of the work? That location’s expenses are making a big hole in the DNB... —  read more 

Incentives

Bonuses and merit increases out of the same bucket?!?! How’s that supposed to work? The girl that’s due a promotion has to fight it out with team that’s due a raise for the past two years?!?! Absolutely ridiculous! I guess that’s why they are... —  read more 

This is the wrong approach

Why does this management believe that laying off its best and most knowledgable employees will solve many problems created by years of their own lousy decisions? Has this ever actually worked? Shouldn't the simple fact that there have been no... —  read more 

401K Questions and Concerns

It has been almost 2 years since I was let go from the firm. My financial advisor recommended to transfer the 401K as soon as the money becomes fully vested. He has a concern that if the company goes bankrupt or gets bankrupted by the investors I... —  read more 

From Cannae Earnings call

Dun & Bradstreet generated GAAP net loss of $54.9M vs. net earnings of $57.4M a year ago; Q3 adjusted EBITDA of $194M rose 53% Y/Y; and GAAP revenue of $408.2M fell 1.5% Y/Y; current quarter revenue includes a reduction of revenue recognized due to... —  read more 

Tuscon closing

Just got word from a friend in the Tuscon office. They're shutting down this location at the end of the year and 200 people will be out of a job. Yikes.

Why do you stay???

I really don’t understand why people stay. Wouldn’t you rather work in a positive environment. One without fear based leadership. Job market is hot. D+b does not pay well and benefits are average at best. Stop griping and do something for... —  read more 

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Post ID: @OP+11wCdFyG

CV closure??

I have a few friends that work for DnB in the CV office. They think they are safe. Finance departments. I’m thinking rose colored glasses. When is the lease up on the location.

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Post ID: @OP+11i2ELJ9

Beware

I had a long career at D&B for over 30 years. Outlasted many company presidents/CEOs. Sara Matthews started the decline. She started the outsourcing to India. Go figure. Her MaxCV project costs millions and was sc-aped. Now company is private. SD is... —  read more 

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Post ID: @OP+11hDVKP1

Benefit cuts?

Did they say anything at the town hall (or has anyone heard anything) about things like health benefits, vacation, etc being cut?

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Post ID: @OP+111Pqiz5

Wow, another post deleted

The guy posted a nice thing about a former CEO! Even Glassdoor doesn’t have a problem with posts with regards to those in prominent positions. And it was a former CEO....and it was nice!! What is wrong with the moderators here?

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Post ID: @OP+10MvWd17

Employee Reviews

Whether it’s security updates, cost-cutting, laying off loyal and hard-working employees, slashing benefits, disallowing the use of Macs, or any of the other nonsense happening here, it is incredibly hard to get your work done on a daily basis now. I... —  read more 

Outsourcing

Has anybody heard what departments will be outsourced or the timeline? That’s a pretty big announcement to make without providing info to employees.

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