Thread regarding Teradata Corp. layoffs

total revenue & new logos - IMHO only metrics that determine future of this place

IMHO - New customers and higher total revenue are the most critical metrics that determine if this place will continue its downward spiral or have some life left.

ARR is like a freebie starting point and serve as the existing customer base. Any erosion from previous spells big trouble if not offset or drastically increased with new customers. Therefore it is imperative to get lots of new customers and increase revenue and stop misdirecting everyone with details that don't paint the whole picture.

The cloud revenue growth numbers are misleading because games can be played with existing customer system migration and so on.

by
| 1882 views | | 12 replies (last February 22, 2023) | Reply
Post ID: @OP+1lg3OSRZ

12 replies (most recent on top)

"get off your a-s and help the rest of us try to save this great company"?

Haha, NC and his minions have sapped the life out of this company and its people when they try to save it. And went further to get rid of anyone who could help.

Here at the office, everyone wonders why the CSO needs McKinsey if so brilliant and now CSO wants everyone else to do his work for him?

Abdication of responsibility in action.

by
| | Reply
Post ID: @3vof+1lg3OSRZ

Post from TheLayoff.com

Why work my a$$ off when our useless ELT does nothing and sucks up the cash? This company can circle the drain for years and I’m content to do the absolute minimum.

by
| | Reply
Post ID: @3moz+1lg3OSRZ

Wow - did our CSO just admit out company is a shitsh0w in a public forum...."the shitsh0w that we call home" At least one ELT member has the backbone to speak the truth so I respect him for that.

by
| | Reply
Post ID: @2xig+1lg3OSRZ

It must be so exasperating for our head of strategy to talk about revenue growth and new customer wins. Those are annoying metrics when you are trying to snow investors and pretend you are growing revenue and the strategy is working. Just be honest with us and have the ELT come clean about what is really happening with the fundamentals of our business. We all know anyway. From your tone, it looks like you are ready to wave the white flag and move on. That will be best for all of us.

by
| | Reply
Post ID: @2exv+1lg3OSRZ

Following up my last note - This thread is so exasperating to read but, even still, I shouldn't have been condescending. Honest apology here.

by
| | Reply
Post ID: @2lgw+1lg3OSRZ

Delusional NC

by
| | Reply
Post ID: @2www+1lg3OSRZ

Not NC. 3rd time being accused - not sure if I should be offended or elated 🤔

Didn't think I was going all McKinsey on you, but arrest erosion is not consultant speak. If you want basic words, then how about "we want to do something good to cause people who are currently paying us to want to keep paying us". Arrest or stop erosion is just faster to say.

And #TDCGotSnowballed? Are you 11 years old? Do you think that it is clever the 16th time you say it? No way you are actually Teradata. If you are, let see you use that creative genius to whip up some alternate ideas and a legit conversation versus that weak a-s trope hashtag.

I have been told before that this is a site for Teradata people to voice their frustrations in a safe and anonymous way. Voice away. But if you really are Teradata then, for the love of Mike, get off your a-s and help the rest of us try to save this great company. This site can be the place to vent - but it can also be the place where you highlight what YOU are doing to change the shitshow that we call home....even if it goes against whatever elt is pushing. Just fu----g do something.

by
| | Reply
Post ID: @2bhp+1lg3OSRZ

$2B by when? Someone should tell your CEO since he just said no growth in 2023.

by
| | Reply
Post ID: @1eow+1lg3OSRZ

This “strategy” would work if you had no competition. Your “modern” product was 7 years late. And it’s not even viable for enterprise scale and functionality. All you can do is try to hang on to your existing customers by lifting and shifting revenue to cloud. Treading water at best. Cloud-native beats cloud-first every time for new customers. #TDCGotSnowballed

by
| | Reply
Post ID: @1rle+1lg3OSRZ

It has to be NC since nobody else says "arrest erosion" except him. This is management consultant speak. You can try to defend the millions wasted on McKinsey and 40+ strategic work streams but you and your team have delivered nothing to the bottom line. And why do you spend so much time on this site - go do your job and find a way for us to grow revenue or resign. A strategy that shrinks revenue and does not win new customers is a failure. Arrest that.....

by
| | Reply
Post ID: @1qpm+1lg3OSRZ

Nice one, Chappers !

Feels good to be back, eh ?

by
| | Reply
Post ID: @lgq+1lg3OSRZ

This is just different enough, that I can't tell if you have just been very busy this morning or if this is a different poster.

So many responses, but will make one point: if you personally took this company private, for the intent of saving it, you would likely follow all the same actions. You would arrest erosion or existing customers, deliver a modern product, focus on moving existing customers to this product, work to expand existing customers, show the market that you are reinvented, all while building new muscle around attaching new logos with the success you are having with existing customers. This strategy takes time - a lot of time. This strategy is working and we will break $2B.

by
| | Reply
Post ID: @bro+1lg3OSRZ

Post a reply

: