Hearing whispers on my team & org. Anything confirmed yet? Total layoffs? Globally?
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After the horrendous Q1 results, as the guy in Jurassic Park said, hold on to your butts.
We are on a rumor board. If you take everything here as fact, that's not good for your mental health.
The best thing to do, regardless of where you are in your career, if you are concerned or really in general, update your resume, learn new skills, watch market trends, apply and interview to understand what the landscape looks like so you can stay relevant, etc. Base your opinions and options on fact instead of putting all your eggs in one basket. Be aware of the rumors but dont take it to heart. You have value, you just need to cultivate it continuously like a farmer tending to their field. Cheers.
Maybe the rest of the ELT
But Marketing leadership acts like a sorority… the level of petty checks out
You give the ELT way too much credit to be that sly. More likely is that everyone knows we had a bad quarter and something is going to have to happen. With no information coming from forward, people openly speculate and try to come up with a narrative that make any sense.
All the ELT cares about is the stock price, they are not trying to find out who is posting to this board
There seems to be more misinformation than usual on this board about the layoffs.
I wonder if ELT is planting certain false dates and details with particular teams and/or people, just to narrow it down to who is leaking info to this board.
Makes sense they would have that much free time to be so petty
Maybe both are incorrect guesses or rumors at best.
The October 31 and November 1 layoffs last year took place before the Q3 earnings call held on November 6.
Having the layoff after the earnings call isn’t reliable logic given similar past rif’s.
It won't happen before the Q1 earnings call which is next Monday
Someone below mentioned rumor is this Tuesday. Today. Any news? It is now 8:30+ AM in California and haven’t heard anything yet.
If I was in the Renewals teams, I wouldn't be planning any major financial commitments in the short term...
Maybe the sharp CFO knows how many new customers Teradata wins. She would not need a dashboard, just one hand to coule them the past two years. She would not even need her second hand!
Regarding the Netezza comment below -
Would be great if IBM acquired TD.
Teradata F&A and Auditor destroy the company 6 years ago with:
- revenue recognition policy inflexible
- focus on low Margin PS
Results Now
revenue is down
No cloud product
No partners
And the Old CTO is doing damage in another company… well paid like the old and crying Veteran from Vietnam Vic
Like Netezza … Teradata will disappear
Rumor is this Tuesday
Ha, no way her dashboard says anything close to that. Teradata can't even figure out how deal desk is spreading discounts across hw/sw let alone how to determine uplift from inflation.
Ironic because Tetadata bills itself as the way to gain analytic insight yet they don't eat their own dogfood.
Well if you follow our CFO and read her interviews she's on top of her game. From the changing role of a CFO article - "This dashboard enables me to get an accurate picture of the financial health of the business every week, month and quarter, and understand and answer questions such as: What is in the pipeline? Where’s growth coming from? How can we expand with our existing customers? How can we attract new customers? How can we ensure that we’re not losing existing customers? " So with that unique perspective you can be assured layoffs will happen in May 2024.