Thread regarding Teradata Corp. layoffs

Layoffs will continue ... everyone seeing house of cards

Revenue continues to be low low low in a high growth sector

Jumping on AI bandwagon, gave the share prices a boost ... but won't last

Acquiring another company won't help, just another excuse if anyone question financial short comings, also, name one acquisition that have benefited TD ... we know the StackIQ acquisition gives us nothing but a do nothing tall spineless stiff for engineering VP.

Customers looking to get off of dis-Vantage for the cloud ... a certain bev company don't want to spend more good money on underperforming product and is openly looking for alternatives

To hide the declining revenue, lack of new customers; layoffs will continue

Enjoy the current stock price or what's left of it ... bail out or ride it all the way down.

This place has so many internal mgmt problems that it will just be a matter of time before it collapse. No trust, no respect, through and through.

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| 851 views | | 3 replies (last August 8, 2023) | Reply
Post ID: @OP+1o0Bc9KP

3 replies (most recent on top)

Where do the Q1 & Q2 layoffs reflect?

In the “free cash flow”? (Once severance is paid out?)

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Post ID: @oyr+1o0Bc9KP

Duh. They have RIF’d employees every October or November for the last 5 years, likely longer. What else is new?

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Post ID: @zuo+1o0Bc9KP

Expect to hear ELT say no layoffs; blah blah blah ... and then they will say; we are in growth phase and certain department will need to shrink so others can grow to increase sales ... typically engineering will get hit in such a phase ...

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Post ID: @lki+1o0Bc9KP

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