Blackbaud layoffs, on the record
Every job cut, severance charge and restructuring Blackbaud reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 3,000 to approximately 2,800.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 3,000 | December 31, 2023 |
| 10-K for 2024 | approximately 2,600 | December 31, 2024 |
| 10-K for 2025 | approximately 2,800 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryReduced headcount from about 3,600 in Q3 2022 to about 3,000 as part of cost management initiatives.
Word for word“A reduction in headcount from approximately 3,600 in the third quarter of 2022 to approximately 3,000 as of December 31, 2023 36 2023 Form 10-K Table of Contents Blackbaud, Inc.” 10-K for 2023
Our summaryTargeted workforce reductions in Q4 2022 and Q1 2023 reduced compensation costs in cost of one-time services and other, with employee severance decreasing.
Word for word“Decrease in compensation costs of $7.9 million primarily related to our targeted workforce reductions during the fourth quarter of 2022 and first quarter of 2023 and a continued shift in resources historically supporting one-time services and other towards recurring revenue” 10-K for 2023
Our summaryTargeted workforce reductions lowered sales, marketing and customer success compensation costs, partly offset by higher severance costs.
Word for word“Net decreases in the following costs primarily due to our targeted workforce reductions discussed above: • Decrease in compensation costs other than stock-based compensation of $10.5 million; and • Decrease in commissions expense of $1.3 million; partially offset by • Increase in severance costs of $1.5 million” 10-K for 2023
Our summaryEmployee severance recorded as a non-GAAP adjustment in 2023 and 2022.
Word for word“Add: Employee severance 5.1 5.2 Add: Acquisition and disposition-related costs (2)(3) 7.5 6.1 Add: Restructuring and other real estate activities — 0.1 Add: Security Incident-related costs, net of insurance (4) 53.4 55.7 Add: Impairment of capitalized software development costs — 2.3 Subtotal (1) 249.4 231.1 Non-GAAP income from operations (1) $ 294.1 $ 202.6 Non-GAAP operating margin 26.6 % 19.1 % GAAP income (loss) before provision (benefit) for income taxes $ 17.6 $ (55.6)” 10-K for 2023
Our summaryReduced headcount from about 3,600 in Q3 2022 to about 3,000 by year-end 2023 as a cost management initiative.
Word for word“A reduction in headcount from approximately 3,600 in the third quarter of 2022 to approximately 3,000 as of December 31, 2023 • Continued IT consolidation as we migrate customers from legacy private data centers to leading public cloud service providers.” 10-K for 2024
Our summaryRecorded employee severance costs tied to prior-period targeted workforce reductions, which declined in 2024 versus 2023.
Word for word“+ Decrease in employee severance of $5.1 million related to our prior period targeted workforce reductions” 10-K for 2024
Our summaryDivested the EVERFI business, reducing headcount to about 2,600 employees.
Word for word“After the divestiture of EVERFI on December 31, 2024, we had approximately 2,600 employees.” 10-K for 2024
Our summaryThe company said it has cut headcount in recent years as one of several steps to improve efficiency.
Word for word“We have taken several steps to improve efficiency in recent years, including reductions in headcount, optimization of our real estate footprint, renegotiation of key vendor contracts, continued migration of our product infrastructure to public cloud environments and planned closure of our two remaining legacy private data centers.” 10-K for 2025
Our summaryThe company expects to incur workforce transition costs, mostly severance and related employee costs, in 2026 as it carries out the next phase of its global workforce strategy through 2027.
Word for word“In connection with these efforts, we currently expect to incur pre‑tax GCC workforce transition costs of $6 million to $8 million in 2026, consisting primarily of severance and other employee transition‑related expenses.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2016-12-31 | $0 | — |
| 2017-12-31 | $794,000 | — |
| 2018-12-31 | $4.6 million | $3.4 million |
| 2019-12-31 | $5.8 million | $6.1 million |
| 2020-12-31 | $236,000 | — |
| 2021-12-31 | $263,000 | — |
| 2022-12-31 | $0 | — |
| 2023-12-31 | $0 | — |
Blackbaud has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Blackbaud’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.