Thread regarding Teradata Corp. layoffs

A number of fire drills across the business...

has reached a new high... currently it's a flurry of them, all kinds of activities, especially around customer accounts, renewals. It all feels either an important announcement is coming (merger, acquisition, buyout) or a panic at c level has firmly set in. Any insights?

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| 2741 views | | 22 replies (last February 14, 2024) | Reply
Post ID: @OP+1qVPLhi3

22 replies (most recent on top)

So now we know that it is a panic at c
Level. The uncharacteristically subdued video of SM and CB is a great example. Wonder who from c level will jump the ship first?

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Post ID: @9qao+1qVPLhi3

I hope the Marketing weasel posting below is hiding in his basement now.

Investors who bought $1,000 worth of Teradata's shares 5 years ago would now be looking at an investment worth $806.71.

Great job!

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Post ID: @8aaw+1qVPLhi3

The last comment assumes the BoD cares about making changes ... they are on the gravy-train just like the ELT

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Post ID: @8dud+1qVPLhi3

Well the results again proved to be dismal. For an AI market that is booming, we seem to be going backwards.

At what point do the BoD wake up and accept that the current ELT are failing at their job. Their primary job is shareholder return and we are going backwards.

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Post ID: @7vxs+1qVPLhi3

Ask to see HA and SM hotel and bar bills, its enough to save many employees.

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Post ID: @6ijr+1qVPLhi3

Travel is never halted. Just a ruse.

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Post ID: @6mnw+1qVPLhi3

No travel for the producers. But the private jet is fine for the ELT.

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Post ID: @4dby+1qVPLhi3

My ticket to Hawaii is confirmed

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Post ID: @4loc+1qVPLhi3

All travel has been halted. Does that mean winners circle in hawaii is canceled or does the ELT still get their vacation on the islands?

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Post ID: @4ngf+1qVPLhi3

CB will "engineer" something.... She already is working on it...

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Post ID: @3pjy+1qVPLhi3

We are at emergency stations here in my geo. At best we manage to retain 1 of the 3 customers due for renewal this year.

Meanwhile our AE's are walking out the door in droves. Csm's are over having to face customers that feel duped having a poor product and SE's are looking to go as soon as they have something lined up elsewhere.

Whatever SM and CB tell the street this year will be a miss. If they are honest now, the street will downgrade the stock immediately. But they are crooks so will keep pumping the prospects of the dead company until it sinks into the low 20's.

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Post ID: @3fxw+1qVPLhi3

@2rsa+1qVPLhi3

The Marketing weasels are weighing in! No, my DEI friend, I sold at 55 and know better than to invest in this turkey.

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Post ID: @2jpl+1qVPLhi3

@2rsa+1qVPLhi3 Don't kid yourself... better ask why SKO demotivated many to a point of leaving... and now when quotas have finally been distributed, watch the great exodus...

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Post ID: @2jki+1qVPLhi3

Why would anyone on this board want TDC stock price to go anywhere but upwards? Ah, I get it, you sold yours in the teens, and hence, you are so bitter. I count $'s not disgruntled current and ex-employees. Good times!

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Post ID: @2rsa+1qVPLhi3

The run-up/sell-off surrounding an upcoming earnings call are starting as forward-looking estimates of earnings have been reduced. Why can't any analysts ask (push) for information about new business to expose this house-of-cards? Isn't there some way for shareholders to get on the earnings call and press for answers?

Look for the usual pump-and-dump insider sales that will enrich the upper levels and directors (none of which deserve it or have done their jobs)

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Post ID: @2qwj+1qVPLhi3

No successful Company will purchase Teradata. Wall Street, (Morg** St*) found out the hard way. No one else will make that mistake.

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Post ID: @1hnr+1qVPLhi3

It's desperation time. We've been asked about any late 2024 or 2025 deals that we can bring forward into the 1st half of the year. Giving away free AWS/Azure credits to get the deal across the line. Not my account, but another account is giving a shedload of credits to a customer to try and make them stay with us.

We've also been asked to identify erosion accounts and this is where it gets really desperate. Customer's who were originally massively over specced on the sizing are now wanting to shrink the environment. One customer was running at 20% of utilisation so obviously know they can save a lot simply by switching the instance type to a smaller instance type. But they blame the account team for selling them such a big system in the 1st place because the sizing was so conservative, so they are shrinking their instance and we'll accept the charges, otherwise they will walk.

The trick is in the financial accounting. We're not seeing these erosions hit the books for another 12 months. So whilst it all looks rosy now, the future is very bleak and eventually there has to be a correction in the books to reflect this. Any buyer of TD should be combing the books for this type of financial trickery

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Post ID: @1lig+1qVPLhi3

If it's taking a fire drill to get this information then we are really in deep do----o !

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Post ID: @lni+1qVPLhi3

ELT is trying to get details about the business before they do another round of layoffs to juice the stock price.

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Post ID: @npx+1qVPLhi3

just the normal housekeeping ahead of releasing financials.

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Post ID: @lsj+1qVPLhi3

You’re overpaying.

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Post ID: @tel+1qVPLhi3

I want to buy Teradata. I can offer a 2006 Prius, a 1/2-acre lot in Gary Indiana, 4 chicken and $2,800 cash.

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Post ID: @iyc+1qVPLhi3

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