The Daniel Island software and services company announced the layoff of 150 employees Tuesday in response to the lagging economy and continued restructuring following the $325 million acquisition of Convio.
By Matt Tomsic
Published Jan. 15, 2013
“It’s across the company,” said Melanie Mathos, a spokeswoman for Blackbaud. “There weren’t any standout areas that were affected more than any others.”
Mathos said restructuring after the $325 million acquisition of Convio, recent financial performance and the lagging economy contributed to the layoffs. The Daniel Island-based software company looked at redundant positions and other criteria, and the cuts represent 5% of the company’s total workforce and 4% of its Charleston workforce.
“It’s going to be a transition period,” Mathos said.
The company notified affected employees today, and most of those employees will stay through January and possibly longer.
“This is more related to just taking a look as we’re exiting 2012, what it was going to take for us to get where we want to be,” Mathos said, adding a key initiative for 2013 is to simplify Blackbaud’s operations. “This was a really tough decision for us.”
The focus for 2013 is integration with Convio and improving customer service for the company’s new product lines, Mathos said. CEO Marc Chardon will share more of the plan for 2013 during the company’s earnings call in February, she said.
Blackbaud now has about 2,600 employees worldwide and about 1,150 in Charleston.
Reach Matt Tomsic at 843-849-3144.