RIF is a common decision in any public company. Not being prepared to such an option is pure carelessness. So are negative posts following RIF announcements always relevant ?
Any employee has indeed two options: being 100% loyal and committed to his job, or daring to resign and find another job.
Frankly, that’s totally unfair to enjoy paychecks and hide behind a screen to bash your employer. Hard word or resignation, it’s that simple !
11 replies (most recent on top)
How about having a real plan to develop and sell great products?
Back to basics of running a product company is to create products that can be sold. Funny that the OP does not know that.
"Back to basics"?
Most engineers, when joining a new company or employer, arrive with several assumptions and givens:
That their employer is hiring them in good faith and for legitimate reasons that were fully enumerated in interviews.
That once hired, and the engineer gives a technical/professional recommendation on a given technical topic they are a subject-matter expert in, that those are taken into account by leadership when they make decisions regarding the infrastructure.
That they will not be scapegoated by clueless upper management, for failures that the engineer tried to warn management about before the failures.
That they will be entering a positive workplace, that stresses positive outcomes for projects and tasks, not just "cost cutting" as a sole success criteria!
That they will be given sufficient opportunities to advance.
Absent these things, no employee is going to sit at their desk and be "100% loyal and committed to the job".
OBEDIENCE can be forced. LOYALTY, however, must be earned!
back to basics, it's all about product, don't try to cheat in the game, build a stronger product and good results will follow
Back to basics. Is that the best strategy you can think of? I can only laugh at the investor day if SM got up and talked about back to basics. The street would laugh him out of the room and mark the stock another 10 points. Back to basics ain't going to save a company who's only strategy to starve off bankruptcy is layoffs.
Cutting costs through layoffs is the only thing that McK can think of as a strategy. If only we had a leadership team that we admired and looked up to. A leadership team that provided vision and admitted when they make mistakes. Instead we are burdened with a failed group of people who enrich themselves via inflicting misery on others.
Ha! Is this was the ELT and C-suit tell themselves to sleep better at night? With all due respect, f--k you.
Unionizing won’t do anything.
Time to unionize the tech sector! Enough with this...
Back to basics - you want hard work no problem. With those that are left we will work extra hard to bash Teradata and make so much noise that nothing gets done....you can RiF us all if you want. The moral is in the toilet, the disdain for any leader or executive at Teradata is palpable. We aren't hiding we are right here and sooner rather than later this movement will either force a change or collapse this god awful company. I can't imagine at this point how any work can be accomplished in a positive manner for the business.
What a mo--nic post. Marketing weasels strike again.
You’re clearly out of touch if you believe that the only solution to our problems is cutting costs through RIFs. Yes, RIFs are painful, and the uncertainty they bring is real for every employee. But let’s get something straight: employees don’t stay because they’re loyal to the company; they stay because they’re loyal to their co-workers and the teams they’ve built relationships with. That’s a well-documented fact.
A solid business plan addresses all aspects of the business, not just cost-cutting. What have we heard from the ELT so far? Nothing but the same old rhetoric about reducing costs with RIFs. What about the fact that our product fails during POCs? Or that our competitors are leaving us in the dust? Our marketing efforts are practically non-existent, new customer acquisitions are falling short, and six out of seven of our current customers are planning to leave us.
RIFs aren’t a solution; they’re just a tool. The real issue is that the ELT is clueless, serving their own interests instead of addressing the root problems. It’s time to stop the blind loyalty to a failing strategy, acknowledge the need for real change, and start taking action before this company collapses. Get off your high horse and start facing the reality of the situation.