Not sure who in ELT cooked up that idea
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Next year will be a sh-t show with Blackbaud India replacing all Nagarro roles with only a limited amount of training.
We are on a hiring “pause,” not a freeze! Sure…. Meanwhile India is full steam ahead while our systems keep going down weekly. This movement of long tenured and deeply knowledgeable associates to Jr. engineers in India is going to go super well for customers and employees. It’s a Swiss fu--ing watch if I understand it correctly.
Hearing that makes me sick to my stomach
Recruitment of engineers in India is happening on an accelerated timeline. They already have a new team of FTEs being trained on all things BB, even though the legal entity of the new branch is not fully established yet. No doubt this rush is to prepare for RDO layoffs. The question is at what scale?
Re: Nagarro Employees. ‘Shifted Over’ = Replaced with FTEs from BB India.
I thought Nagarro employees can’t be hired directly to BB ? They would have to leave Nagarro themselves
It looks like all of our current Nagarro teams will be shifted over to Blackbaud India as full-time employees. In addition, all new resource asks are to be from BB India. This should be of a concern as it's purely a cost move - the same job that you perform today can be done from India but usually at half the cost
JAJAJAJAJAJA I used to work at Boeing as a software engineer and they spun up a center in India. They claimed they were expanding and that we were going to work together to make the business great. Couple years later, Boeing LAID OFF many software engineers in the states even though the India guys were grossly incompetent. Boeing published pay scales for every position. The guys in India were getting paid 1/5 of engineers in the States.
It looks GREAT from a balance sheet perspective. Cook up the idea, hire in India, lay off, and then jump off the plane off a golden parachute with the shareholders money while the company crashes and burns.
Yup running lean and they can still make deep cuts. India is nothing more than a way for them to cut higher paying jobs stateside and replace them with a far cheaper labor source. Its the 2018 playbook with Costa Rica all over again. They will cut even more and deeply as they ramp up cheap out of country labor to replace in country higher salaries and benefits. It looks like all data science and software development will be slowly migrating to India, just look at all the job postings.
Folks this is not a good development for a company already so disliked by its employee base. Don't be surprised if a round of cuts comes around the November timeframe.
Aren't we already running pretty lean? It feels like that day-to-day.
Realistically how much more can they cut?
I think we all should be worried. Between the investment in AI and the push for Rule of 40 they are going to lower the labor cost anyway they can. The company seems to really like the November layoff schedule if you look at history, so yeah, I’m worried. The announcement was about as fake as anything I’ve ever seen. When the ELT tells us we should be excited about it, I’m positive they only see a bigger bonus for themselves.
What is BLKB India? As a shareholder and not employee I have not read or heard about a BLKB India anywhere is shareholder available materials?
If you are not worried, be prepared to be surprised.