The Board + ELT is setting up to sell Teradata

Literally, when was the last time you heard of a business do yearly layoffs for 4+ years. Then in the last year do 3+ rounds of layoffs?

ELT is trying to cut expenses to make Teradata appealing to Buyers/VCs.

It's time for current employees to face the facts. Teradata is not going to "tech" itself out of the hole its in. The "brain drain" of everyone let go can't be replaced.

What's going to happen is the Board and ELT are going to continue giving each other stock. At the same time they're going to do whatever it takes to keep the stock price up (ie more layoffs) while they're cashing out.

Eventually there will be nothing left + Teradata will get sold for its install base + ELT and the Board will make $$$ off that as well.

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Teradata has been laying off people since 2015. At some point Teradata will run out of associates and fade away. Good luck all, I was one of the first. There are not many left.

Why buy this train wreck? Simply let it die and take the customers. Or take them before Teradata officially dies. No need to take on a cesspool of debt.

Snowflake is obvious. Less obvious is either of the alum CEOs running next generation technology.

Another one. Every year I see this thread here. Every year someone speculates here about selling TD to someone

"Question is who wants to buy TerribleData"

Nobody wants to buy Teradata for the software.

Many competitors wouldn't mind buying Teradata for the installed Customer base only. (At the right price)

Nobody will buy this laggard, not even PE firms

Question is who wants to buy TerribleData?

You can always count on Marketing to jump in to protect their overpaid jobs that do nothing to increase revenue.

Haha, funny how quickly Teradata Marketing jumped on this one.

It's a fact that Teradata is in a downward brain drain spiral.

It's a fact that Teradata insiders are giving each other stock up the wazoo.

It's a fact that Teradata insiders are selling as much stock as possible.

It's a fact that Teradata has been laying off more and more employees every year.

It's a fact that Teradata has little to no new logos.

It's a fact that US Teradata employees have been replaced with Mexico or India headcount.

Pure spéculation.
You’re talented enough to write a bestseller novel.

Thread regarding Teradata Corp. layoffs

The Board + ELT is setting up to sell Teradata

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