Thread regarding Teradata Corp. layoffs

Stock in a freefall since Q2 report.

TDC stock took a big nose dive today—down almost 17% at close. Something tells me ELT isn’t so smug today. Is it “Possible” investors realize that shifting money to ARR with zero new customers and a drop in overall revenue means a company is in trouble?
Q3 and especially Q4 are typically our worst quarters. You know what that means—higher ups are putting together names for the next big layoff.

by
| 621 views | | 2 replies (last August 8, 2023) | Reply
Post ID: @OP+1o0kRw6g

2 replies (most recent on top)

House of cards, benfited from mentioning AI, no new customers, earnings propped up by layoffs, mgmnt by fear, no trust or respect and vengeful political culture, internal issues festering, PE 140s for unproven product... not worth risk

by
| | Reply
Post ID: @hvl+1o0kRw6g

right on

by
| | Reply
Post ID: @joh+1o0kRw6g

Post a reply

: