I got the email. I am a high performer so it was not based on that. I suspect the offer is age based to get rid of the high salary folks. I am 62.
Exit date May 31 2026.
Depending on your level 8 - 26 weeks severance (26 weeks is VP level).
RSU - an additional year of vesting.
2026 Bonus will be pro-rated.
30 days continuation Medical
18 Months Subsidized Cobra (you pay what an employee pays).
Thought might be useful info, so bumping the post up. OP: @aq+1kbjqa3b6
@2pp You're telling me! Everyone on this forum needs to either grow a spine and quit or do their jobs. Teradata is doing fine, layoffs happen at every company
You all sound like a bunch of little boys. Was wah wah - get a friggin’ backbone
@26f What an arrogant a$$ you are. If I was your manager, I would put someone with your attitude at the top of the list. It will be a pleasure when karma catches up with you.
“Hit a nerve”…that’s all you got? No information, logic, or rhetoric to add to the discussion. Just a little emotional poke. Pretty lame.
@23k "TD purchased software and service to help them analyze who should leave the company in order to reach their desired dollar amount of savings."
Was it approved by autopen?
@283 uh oh, looks like someone hit a nerve with you.
You’ve slurped down so much of the TD kool-aid that you have to find a way to tell a father who got laid off the week before Xmas that 1) it’s all his fault, 2) that he has a bad attitude, and 3) that he should take some time to reflect on his actions. And this after saying for a while now that no one’s going to get laid off. I guess the impact of what TD just did to him just creates too much cognitive dissonance for you to question your own reality.
Keep drinking it down. Your day is coming soon.
Your take on the country of India is, well, let’s just say poorly understood, if not a tinge racist. And your notion that H1B holders are “bottom of the barrel” shows both your ignorance and your bias. Who do you think run virtually all tech companies now? And who do you think are the top-tier of earners in this country now (and not by a small edge)? Many of those were once H1B visa holders, and they now call this country their home.
@20y I understand that my message might have come across as a tad harsh and for that I do apologize. That said I do still stand by what I said, even though it might be rough getting laid off. I fully support @1zz taking some time to clear their mind, but as a father it is important he leads by example and reflects on what he did that was wrong. If he underperformed which is definitely a possibility that is something he needs to own up to rather than say I'm going to rise up and take Teradata's customers. He strikes me as a SE, and at TD I feel like that group in particular has a frat like culture to it thinking that suddenly a competitor will somehow swoop them up, it's important to reflect on what they will bring to the next org and all I see from @1zz is anger and excuses, and he is unlikely to find work with that attitude.
As someone who has managed outsourced jobs to more than six different countries over the past 20 years, I can say that you are the one who is 100% incorrect regarding current trends. It’s true that outsourcing struggled in the early 2000’s, but by 2005 things started turning around. Hundreds of thousands of jobs are now outsourced annually. Companies like ServiceNow have built their entire business models on outsourcing, so your understanding of this topic is about 25 years out of date.
https://www.forbes.com/sites/jackkelly/2024/10/15/the-globalization-and-offshoring-of-us-jobs-have-hit-americans-hard/
@24h
100% incorrect in the early 2000s companies tried outsourcing to India. It didnt work because ethics dont exists there and employees will change jobs at the drop of the hat.
Nope, the bottom of the barrel wont be getting tech jobs in America any more.
But nice try.
The lack of H1B visa holders won’t offer much of an advantage in the job market for U.S. citizens because it’s still super easy to outsource/nearsource to other countries, particularly now that virtually all data is globally and redundantly cloud-based. In truth, H1B visas help to drive the job market in the U.S., not hamper it, because those jobs help to ensure that innovation continues here and not elsewhere. Without innovation, we become the support crew.
This administration likes to make moves that capture people’s emotions rather than thinking strategically about our country’s long-term future.
@20s during the largest layoff event last fall, TD purchased software and service to help them analyze who should leave the company in order to reach their desired dollar amount of savings. Supposedly they were looking to cut 10%, but I think we all know it was more. Funny they’re a data analytics company that didn’t use their own software or analysts. They took the human decision factor out of the selection which means performance had nothing to do with why people were laid off. If you believe that the layoffs are performance based, you too will be sadly mistaken one day.
“These decisions while difficult make us stronger and I think we can still appreciate the culture here.”
There’s no “us” or “we” to a person who was laid off, and the “culture” you “appreciate” is as vapid as your humanity.
@20s Be honest, it's an effort to keep the lights on while the big wigs grab millions.
@20s Yep, honestly, if you've been around long enough you know things have certainly slowed down for the company over the last few years.
@20s Your comment perfectly illustrates what’s wrong with the corporate mindset. An almost complete erosion of empathy disguised as “business realism.” You read someone’s raw, human experience of losing their livelihood days before Christmas and somehow decided it was an opportunity for a lecture about “urgency” and “adding value.” That’s not reflection; that’s tone-deaf trolling.
Layoffs are never just numbers on a spreadsheet — they’re about people, families, and lives disrupted. Telling someone to “evaluate” themselves after being blindsided like this doesn’t make you insightful; it makes you look like you’ve lost touch with basic humanity., The right response is compassion, not condescension. You represent the toxic elements of this company to a tee.
@1zz There’s a lot of anger coming through in your post, which is understandable given the timing of what happened to your role. Getting impacted right before Christmas is rough. Were you offered a VSP, or was this a straight layoff?
Layoffs are never easy, but they also don’t happen in a vacuum. Teradata didn’t make these decisions randomly they’re part of an effort to streamline and focus the business, whether people like it or not. These decisions while difficult make us stronger and I think we can still appreciate the culture here.
It might be worth taking a step back and honestly evaluating your last few years here. Were you still operating with the same urgency and drive, or had things slowed down? Anger is a natural reaction, but it doesn’t replace selfreflection. Everyone benefits from asking whether they were truly adding value or just occupying a seat. I wish you a happy holidays and hope you can spend some time with your family
@1zz Believe it or not you're actually hitting the job market at a good time. The current administration is making it more difficult to hire h1bs which means employers will need to be nicer to you because they cant just hire the bottom of the barrel anymore.
I just got the call a few mins ago. 6 days before xmas. Just heartless. I will hold my head high walking out that door knowing that I leave behind good friends who all try hard everyday, but just don't get that respect from the higher ups who are only interested in protecting their job and will happily throw staff under the bus. The timing of this just stinks.
My children are going to be asking me "why isn't daddy going back to work?" My response will be simple, Daddy is going to work for someone else soon and will be a lot happier in his new job and in the meantime will have more time to take you to school and pick you up.
In the new year, I will turn my attention towards a new job, hopefully reaching out to my existing customers and helping them to move off teradata.
@1yn The only ones that may take it are those 70 yrs or older that plan to finally retire. Why take it when the same offer comes with RIF?
I would think many that are on the fence would take the VSP sooner rather than later vs. the chance of getting PIP and getting nothing. The severance packages are likely to either shrink or TD will experience a huge increase in PIP's to save money.
How is the VSP offer any different than what you are entitled to if you were RIffed. Not seeing an advantage except for maybe a few. This is a voluntary RIFF. Yes, I am in, for my own sanity.
@1rs you don't even have to do your job to keep it here lol, get off your high horse
@zk Well I have been here for 8 years, and not been laid off so I am not sure what you're going on about. Do your job? You get to keep it that's how it works at teradata, buddy. We don't lay off the best here nobody does
@z8 It's more than that. I was laid off from Teradata several years ago. Yes, I was angry at first but since then have found multiple better roles which allowed me to work hands on with Teradata competitor solutions. Its been an eye opener is all I can say. I thought Teradata was ok when I worked there but now there's just no way I could even see it being used.
The super engineer has no clue. But eventually they'll get laid off as well and when it happens they'll get a new job and will be exposed to better products and solutions.
I only comment here for the entertainment. How McMillan keeps his job is beyond me.
@ny are you being serious? If TD is expecting positive comments on a layoff forum, they’re id--ts. I don’t know anyone that says I’m grateful to no longer have a job and not know what the future holds while having families to feed. See how that sounds crazy. Sounds crazy to think they have people watching the negative comments here as well because most likely those people have been shown the door in the massive layoffs of the last 3 years that took employee counts from 10K employees to 5K employees.
@r0 No worry! We have announced 500M share repurchase program!
https://finance.yahoo.com/news/teradata-tdc-evaluating-valuation-500-062208796.html
Its entertaining watching the tu-d swirl the bowl. Who's going to be the last Teradata employee to get a bite from the log before it flushes down the toilet?
@b6 How is it not obvious that the ELT doesn't know how to innovate their products to gain a sustainable competitive advantage? The track record for sales and layoffs over the last 10 years speaks for itself. The buyback is a band aid for a su-king chest wound. Look at the numbers. Free Cash Flow in 2024 was $277 million. In 2021, it was $432 million. They need to do the buyback now before debt is required. Additional RIFs are needed to fuel it.
@mh Hahaha
If former(?) and current(?) Teradata associates can interact like this, in a public layoff forum, wonder how employees conduct business behind teradata.com. There must be someone whose job is to track online teradata mentions. Can they not report these negative publicity to the site administrators?
@eb Hahahaha Buddy. You don’t even know you’re being trolled. What an asset you must be.
If the company culture has gotten to this, what should remaining loyal customers do with edw budget?
@dx what are you on about buddy? We have cutting edge technology in the AI space bro I'm doing my work. What do you bring?
@c1 Bootlicking super-engineer says he doesn’t insult people and then calls fellow employees deadwood. Since the bottom line has been dropping steadily, I can only assume super-engineer is not contributing. Maybe he’s the deadwood.
Maybe if the bootlicking super-engineer WOULD DO HIS JOB the company could finally offer something worth buying and slow the spiraling death of the company. The only fallacy I see is believing this company has anything worth selling and believing in this company, especially in a market that has exploding growth.
@bd I've never insulted anyone I've only called out things the way they are. I essentially hold up a mirror and show fallacies in people's logic here. It isn't bootlicking, it's calling it out how it actually is. Leadership is doing their jobs getting rid of deadwood
You’re getting a pathway out of this dog of a company. It will work out for you and you will be able to leave super-engineer behind.
@b6 And you have spammed multiple posts with your bootlicking and insults, so STFU.