Thread regarding Teradata Corp. layoffs

TDC needs new leadership

Somehow I hope it will be taken private/will be acquired by private equity or another tech company, which can put in new leadership and offer a more long-term perspective for developing the business. The underlying technology is still quite good, with an established customer base, but one gets the impression that TDC is primarily run for the benefit of overbearing sales/marketing d—s ('The Winners Circle') and a small clique around the management and board, with little knowledge of technology in general. The engineers and consultants in the field seem to be of no or little importance to the upper management and sales/marketing.

Originally posted by @125CIJdk-ufjq.

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| 2761 views | | 8 replies (last February 7, 2020) | Reply
Post ID: @OP+12A09wZx

8 replies (most recent on top)

What will a new CEO bring to this place?

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Post ID: @Oicn+12A09wZx

I sure hope so too. Before its too late

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Post ID: @Nism+12A09wZx

"Why would any smart corporation want to buy a dinosaur like TD? Bloated salaries for top-heavy management types that bring little to the table except being very adept at butt-kissing."

Any company or private equity outfit can achieve a lot of cost savings and improve profitability, if it would acquire TDC, by booting out these top-heavy management types, who add little or nothing to the bottom line. The same is true for the sales/marketing overhead.

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Post ID: @Mvna+12A09wZx

The only people to make $ on new leadership is VL with his interim package and the new CEO who will be paid well. And the story will go on. More revenue pressure, more cuts, more excuses from MC and the management team

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Post ID: @fqss+12A09wZx

Why would any smart corporation want to buy a dinosaur like TD? Bloated salaries for top-heavy management types that bring little to the table except being very adept at butt-kissing. In fact, why would any companies want to buy TD "solutions"? It's a shame to watch a once-great company spiral in.

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Post ID: @4zuo+12A09wZx

According to Vic, it’s the best leadership team ever.

That tells you everything you need to know...

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Post ID: @2fmg+12A09wZx

Don't forget that 1) new management and 2) any buyout/sale would require approval from the worthless Board of Directors who helped create this mess. They are too busy counting their stock awards (for thumb-twiddling) to pay attention.

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Post ID: @1ncz+12A09wZx

The underlying tech was great 15-20 years ago. It’s a new world nowadays and TDC has a perception and stigma of being proprietary, expensive, complex and old with no new logos and shrinking customer base.

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Post ID: @1dwb+12A09wZx

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