https://www.macrotrends.net/stocks/charts/TDC/teradata/revenue
The person or people who think SM and the board are doing well and continue to drive excellence, have a look at the last 5 years of revenue, profit, and operating income. We’re in a similar position now than before SM joined. 5 years; the exact same outcome. Who’s at fault? Sales? Support? Engineering? Or is it the direction leadership is taking us?
@t9 shills gonna shill.
@jw what have you exposed? Nothing? I thought so
The first week of November will be a nice wake up call for our engineer. And potential and existing customers watch those results closely. If I was a customer CIO, would I stake my career on Teradata?
The toady engineer continues to say Teradata is a $2B company. It is not. And it’s sliding farther down. In a market that is growing astronomically. I hope other Teradata employees are better versed in their own company.
@gs Bless your little troll heart. The more you post, the more you are exposed. But we’ll play along with your charade. Your assessments never add up. I assume your logic translates into your coding. Yikes! Layoffs are a sign of leadership failure and mismanagement. Layoffs are an embarrassment. Layoffs are to benefit the major shareholders and profiteers - not the hard working minion in the trenches that holds under-performing company stock with the hope of what it could be in 20 years.
So let’s revisit… TD press release in 2024 that layoffs would continue thru 2025 with severance reserves. 2025 press release of activist shareholder conversion. So here we are… and the concern is after 2025 - after the severance reserves are empty - after the low hanging fruit is dismissed. Is there enough evidence to show you that it will turn around in 2026? And IF it doesn’t, then what? Who’s on the hook? Who’s in charge?
@ga Even if we don't make the numbers this year the balance sheet is excellent and TD is still healthy from a financial standpoint. The debts are low and revenue per employee is still relatively high. From what I can see I think Teradata is healthy and the board is leading us in a good direction. I'm in the know no more than anyone else, I am in the same townhalls as everyone else. That said the day to day feels totally fine, do I care about the numbers when I'm working on code? Not really, I think about it here and there, do I get a little nervous during RIFs, not really. To quote a comment from r/cscareerquestions "The first couple of rounds are usually the "low hanging fruit" people. PIP, adequate performers, strict WLB adherents...", from what I have seen here it's usually people that are problematic that are let go of 99% of the time, have there been people that I was genuinely sad to see laid off? Absolutely 100%, I have seen a few good people let go of- but one or two of them were sorta burnt out and were kinda coasting. End of the day Teradata isn't a family it is a 2 billion dollar company that needs to drive a profit and if someone isn't working towards that I can understand why they might be shown the door.
It's dying. Look at the competitors who are winning new logos, growing double digit and dominate the messaging. Our best attempt was making the logo lower-case. I bet if one of the competition went all upper-case we would follow as we never lead, we follow
@bj . If you were really in the know, as you seem to project, you would be aware that there is no way in h*ll we will be making our numbers this year. No new logos, very few on prem renewals ("oh but they are all just being pushed out [Again???] to NEXT Q"...yeah sure, keep believing there SM) and customer service has dropped drastically. We have churn @ double digits, WAY above industry standards.
The BOD and ELT don't care, they are getting theirs $$$.
So many reasons this company is failing...slow to the cloud...too many wasted years of unproductive product innovation and development...ineffective/non-existing/stealth marketing (but in their defense what did they have to market??)...incredibly poor management over consulting and managed services that's lost contracts/customers in droves but remain in management positions...did little to nothing to reverse the sentiment that 'Teradata is too expensive' and price-gouging our customers...did little to nothing to nothing to change customer sentiment (a large portion of current/past customers dislike Teradata)...an ELT that blows huge amounts of $$ to recognize sales teams in Rome for zero new logos...an ELT that blows huge amounts of $$ to bring scores of management to Possible...the Optimus Prime debacle...RIF'ing so many good employees and keep alot of the wrong ones...a BOD that does not hold management accountable...And while there are so many more reasons - they simply failed to do one thing - LISTEN TO NEEDS OF THE CUSTOMER.
The delusional engineer is back! November 4 is coming so be sure to come on the board to tell us how wonderful things are. Stock trading below 21, buddy. Be sure to let the CEO know what a good boy you’ve been.
This post reads like it was written by a child who just learned how to screenshot MacroTrends.
I’ve been an engineer on Vantage for 7 years through the VL dark ages when we were directionless and clinging to legacy junk. Steve McMillan came in, cleaned house, and gave this company a spine.
If you can’t see the difference, that’s fine, not everyone can put down their Gameboys and suddenly understand the cloud. I'm here everyday Teradata is an awesome growing place that's an excellent place to work.
Wow. Thanks for posting that link to those graphs. Teradata is really a dog…no matter what the bootlickers say.
Well, the lackey engineer who posts how wonderful things are is probably at fault! 😄