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

Take a look at available public databases for shareholder info. Pay special notice to the ELT anyone with a c title.

Take note of the shares sold and when they are sold. Always literally always the most shares sold are 24 hours before a RIF.

So foks follow the money. We would all do our best to make shareholders money. That's the job of c suites in public companies right.

Fine sure no worries

But watch the sales of the c suite the day before earnings each quarter. They sell massive shares make coin then fu----g lay off next day.

If I was c suite I would want to make money but sh-t I would make 1 million salary 10 million stock so really I would be fine

I wouldn't layoff my entire brain trust to make bank because you know I already made it.

These fu--s are special fu--s . They give no fu--s because they are lilly white males over 50 who don't give 2 sh--s about the employees.

They care about their bottom line, aka stock options.

Fu-k em

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Anyone still gainfully employees at blkb.

Do take not of the c suite transactions. See when they sell, a few c suite folks are a bit more prolific.

Ask yourself, do you have a contract and guaranteed shares? If not know you are vulnerable.

Go find your next place ...blkb is not what it use to be in the past. Just follow the stock price. The lower it goes under current management the more layoffs the do.

M chardon was way better than this head. He cared about clients employees and community relationship. Current leadership only cares about stick price and shares because they own loads of shares.

They don't care about employees otherwise they would lay off 2x a year or more.

Go look at layoffs under current leadership. Every 2 quarters since current c head took over

Every fu----g 2 quarters

Yeah they don't care about you they want someone to buy blkb like blkb has been doing to competitors for years in order to cash out.

The board doesn't care they own just as many unrestricted shares.
Was your bonus in cash this year? Whoops no it was shares

And wait wait a minute

Bonus how could bonus get paid

Company so bad off it had to kay off 14% since Q3 last year

You would think that's a company it making revenue. Oops we made revenue and laid off anyhow

Because we have to make rule of 40 to guarantee our c level bonuses.

So blkb employees know you make your numbers and they still axed your friends

Keep that in mind, you are not special or protected. You can make your numbers make bonus and they will still sh-t can you. 46

We shouldn't be surprised. This ELT has for years cares about their bottom line. And for sure this ELT is not the most shall we say diverse, because of this they are likely in my opinion only out of touch with the real world. Hard to see anyone else when everyone at your level looks like you.. and makes money like you.

But hey shareholder make bank right???

More like ClearLake gonna make hand over fist bank when they take over get rid of sh-t over 50 specific demographic ELT and then hold 24 moths and sell to say s.. ......force.

Yeah we see the plan

ELT you suck

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Semi annual RIF

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