Thread regarding Blackhawk Network Holdings Inc. layoffs

Good company but cause for concern.

I worry about the future of the company. New CTO came in and axed a bunch of key people. Not only that but decimated the staff of key revenue stream systems, during their peak traffic and revenue period, leaving no one left in case of trouble.

The new CTO came to Colorado and said the location was secure and no considerations were being given to close the office, but less than 6 months later all 30 of us are gone.

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Post ID: @OP+KYX3mHy

7 replies (most recent on top)

I listen to investor calls and they are not doing well. They keep losing key accounts to their competitor who is aggressively and strategically gaining ground. One thing no one seems to pay attention to is the former President who now sits on the board has diminished every company he has taken public. Leadership is in a bubble and taking the company away from its roots...

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Post ID: @4Kafg+KYX3mHy

Names not allowed here, bro. Check the site rules.

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Post ID: @28dju+KYX3mHy

It's age discrimination and falsifying the data breaches they have suffered. A new class action lawsuit is unverway that will expose this corrupt company.

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Post ID: @28ytl+KYX3mHy

Blackhawk has been acquiring other companies for at least 2 years and synergies are taking place. With that said, it is normal to expect layoffs. The Lewisville office in Texas has been hit as well.

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Post ID: @1zccv+KYX3mHy

Pleasanton California was hit hard but its being kept hush hush it seems.

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Post ID: @remz+KYX3mHy

Any other sites besides Colorado?

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Post ID: @shn+KYX3mHy

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