Thread regarding Teradata Corp. layoffs

Ring The Bell! - Revenue Down Almost 10%

How tone deaf can you get to take your whole executive team to Wall Street for a photo opportunity when your company is bleeding revenue? How long before SM gets fired, along with most of his ELT. Snowflake and Databricks are growing fast while we watch TDC shrink.

by
| 1571 views | | 4 replies (last November 11, 2022) | Reply
Post ID: @OP+1jD283EQ

4 replies (most recent on top)

SM would have more credibility if he admitted the results suck and told the analysts how he intended to grow revenue. Instead, he blabs on about cloud growth, can't name a new logo win, and pretends like things are great. All the analysts think he is a joke. TDC has been trying to spin this ARR growth while revenue is declining for four years now and everyone sees through the BS.

by
| | Reply
Post ID: @1rfv+1jD283EQ

Blame JW for that one. New CMO's idea to parade the ELT on NYSE. Not to mention she is on vacation during layoffs while her team is cut. Classy.

by
| | Reply
Post ID: @sfc+1jD283EQ

I laugh every time I see the picture of the ELT ringing the bell. Vantage Lakehouse is a joke and 7 years too late

by
| | Reply
Post ID: @zig+1jD283EQ

Hard to spin a 10% decrease in a high growth segment of the industry. But hey, "our strategy is workin" I guess we hired an expensive McKinsey strategy guy to execute a revenue decline strategy....

by
| | Reply
Post ID: @dyu+1jD283EQ

Post a reply

: