Thread regarding Teradata Corp. layoffs

Prophecy…Teradata to die a death through a thousand cuts!

These cuts will continue until the company dies and eventually bought out by a competitor or VC. Maybe that’s the strategy…make it a viable asset. Maybe the ELT are not clueless after all, then again there’s not much evidence they have a clue. Strategy seems to be, cut the bottom line in order to make the numbers look good to the shareholders.

Best of luck to all that have had the axe wielded on them and to those who haven’t, watch out in Feb2024 as they’ll be sharpening it in the next 3 month for the next wielding.

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| 1101 views | | 3 replies (last November 29, 2023) | Reply
Post ID: @OP+1pnbH6Cj

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Who is crazy enough to buy Teradata knowing that's probably making a career-ki-ling move? Teradata is not a shiny object anymore. Teradata is more like a stained Goodwill shirt with a discounted $0.99 price tag.

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Post ID: @spiq+1pnbH6Cj

The strategy is classic McK playbook. Cut the bottom line to make the numbers look good. It's not rocket science, and the d-mbo ELT are wedded to the concept that NC and his McK mates are some sort of geniuses for coming up with this strategy. When in reality it's just a rinse and repeat from other organsation's that have brought on McK.

They'll continue to cut until there is nothing left to cut. NC and his merry band of McK mates will ride off into the sunset with bags of cash to do it all over again at another company.

TDC will get bought for pennies in the dollar. Dwindling revenue, no new customers, a cloud product years behind everything else in the market with an ELT shouting "me-too!" from the rooftops as soon as you mention AI.

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Post ID: @rrnv+1pnbH6Cj

Don't be a part of this unsuccesful mishap. Plan your exit and save yourself ASAP.

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Post ID: @rqjo+1pnbH6Cj

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