Thread regarding Blackbaud Inc. layoffs

My favorite excerpts from the BS earnings call

"The company faces challenges with limited IT resources and staffing shortages in its vertical markets."
Uhhhhh, well maybe quit laying off the IT staff and hiring incompetent Offshore folks.

"The company is still in the early stages of broader commercialization of its AI offerings, which may delay potential revenue growth."
Translation. I know we SAID we an AI company, but we've never really sold AI before. (Forget about the fact that we still havent created anything AI, unless you count ChatGPT making up our press releases)


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| 2 views | | 2 replies (last May 12) | Reply
Post ID: @OP+1kqfeswyc

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I made the mistake of playing the AI drinking game during the call. Every time someone says AI, you take a shot. I was hammered in 10 minutes...

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Post ID: @20d+1kqfeswyc

But we said "AI" a bunch, why hasn't the stock gone up already?

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Post ID: @a6+1kqfeswyc

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