Back to 2021 share price and it looks like it will drop more with more layoffs throughout 2025
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What details do you have on
"with more layoffs throughout 2025"??
I am a former employee who was laid off in 2020 and it looks like TDC's "Lay off all the talent in Q4 only to hire-hire-hire in the following Q1 to make us look like we're making money" model is still going strong. We were saying this many years before 2020... completely purge the ELT instead of letting the real talent go.
We've made some very peculiar rifs over the past few years. Top talent shown the door whilst somehow the incompetent ones manage to get promoted. All very strange and it is probably why we are seeing such a decline.
Customers certainly do notice this and quite frankly they stay well clear in putting teradata in their future architecture box because it is simply not worth the risk to invest any further in a technology that won't be around in a few years time.
Hahahah. Chopping the dead wood is what keeps this company afloat. Lay them all SM
It has definitely been taxing on the ones left behind to try to pick up the work of those that were laid off. So much knowledge has left the company that with every layoff the company shoots itself in the foot. The decrease in expense on the books may look great, but the operational impact and cost is devastating.