Thread regarding Teradata Corp. layoffs

What does "diversity" have to do with anything? Hire the best people you can regardless of labels. Maybe diversity emphasis added to the problems?

How is this not going exactly according to the private equity playbook?

Keep extracting money until there’s no more blood to be squeezed from the stone.

There's no problem that more diversity can't fix. OR tried to make progress in that area but ultimately failed because he didn't go fast or hard enough. Take for example that puny rainbow flag crosswalk in front of the SD building. What a joke. The entire parking lot should have been turned into a giant rainbow flag. Another example is hiring loads of non whites into virtually all engineering middle management roles. Great start but why only in the USA? To be effective, they need to do the same diverse hiring in India. Hopefully Vic and the board will take note and step it up.

Many posts over the last several months are spot on, boils down to an incredible culture, very smart people, great customer focus and an incredible product that turned into just the opposite. All leaders and consulting firms k–led it . People like VL, TB, MB, KT, and others are responsible for a “manage up” attitude that protected themselves. Bullying attitudes with no interaction with customers. Culture matters, replace the whole board, anyone see VL comp package, $1M per year. Really...

I don't agree with the philosophy of "just limiting to your core competency". Almost all old tech companies of Teradata's age have diversified their product portfolio.

Look at Microsoft, Oracle, IBM, Google, AWS.
The difference is you have to be fast to make the changes, and the right people on the top to execute the changes.

What made TD leap frog in the past with a superior tech in past - was due to the culture of innovation. Where is the innovation these days?. Oh and btw, innovation does not come from "designated departments", but from people. Whether it's Core Engineering/Product/Sales/Consultancy - a department does not matter. Oh and the baboons on the top must have the right head and understanding to not stifle that innovation drive.

What a fiasco the last year had been.

Good luck with that. TD's board seems clueless.

The Board is too busy accumulating their stock awards to take notice ... if they had any insights they would never have approved the worthless 'strategy consultants' and acquisitions.

Spot on! Board of Directors, please take note