Massive layoffs, Lack of concern - Recensione dipendente - Associate Director presso LSU Foundation

1,0
4 mag 2020
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

They pay the best in town for fundraisers.

Svantaggi

The Foundation laid off 41 people (30% of its staff) in April 2020. This was right after it raised more than $1M on its giving day, more than the previous year. Frontline and back office staff were let go. Several fundraisers who moved to Baton Rouge two years ago were part of the cuts. These were not performance-based. They just wanted to cut expenses. Staff are disposable to them.

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Risposta di LSU Foundation
6y
In April 2020, the LSU Foundation laid off 30 percent of our team as a necessary and very difficult response to unanticipated budget pressures created by COVID-19 and a shift in fundraising strategy to drive immediate-use dollars. Like many businesses with limited revenue sources, within the pandemic environment, we’ve been forced to adjust our operations to continue being responsible stewards of our budget dollars. To address those realities, the LSU Foundation needed a leaner operational structure that our refocused budget can support. We are proud of our Tiger community for making Giving Day 2020 such a success. Those dollars were in support of academics at LSU, not in support of our operations. We are deeply committed to our team and are proud to have been recognized as one of Baton Rouge’s Best Places to Work for the past two years. We look forward to sharing more with qualified candidates who believe in the power of higher education to transform lives.

Esplora altre recensioni su LSU Foundation

5,0
3 feb 2025
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

- Teamwork, Community, Sense of Belonging, Mission

Svantaggi

Always remember that our actions make a difference; we are changing lives.

4,0
17 ott 2024
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Culture Professional Development Mission-driven Collaborative

Svantaggi

I don't have any cons.

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