Thread regarding Teradata Corp. layoffs

Severance pkg question for anyone laid off this week

First, I'll say that I feel for you guys. This is tough times no question about it. Hope you move on to something much better...

My question is for anyone that had restricted stock units that had not vested yet. Did they vest them as part of your package or were they forfeited or whatever is the right term?

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| 2591 views | | 8 replies (last August 13, 2024) | Reply
Post ID: @OP+1tthUfQS

8 replies (most recent on top)

This makes the October 1 2024 delay for March 2024 title promotions and salary increases all the more interesting…

Wonder if it is a way to also cut back on severance, by not increasing the titles before October 1.

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Post ID: @wkwa+1tthUfQS

Support 8 weeks
Associate 8 weeks
Professional 10 weeks
Senior/Supervisor 10 weeks
Manager 12 weeks
Senior Manager 14 weeks
Director 16 weeks
Senior Director 20 weeks
Vice President 26 weeks

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Post ID: @kzks+1tthUfQS

For the stock vesting, anyone over 55? Any special treatment for that group, especially in California?

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Post ID: @cxut+1tthUfQS

I assume they can see who views each page and document on SharePoint and the ServiceHub, as well as who searches for what terms in the search bar of those

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Post ID: @3uxq+1tthUfQS

if you are currently at Teradata, this is all available in the HR documents. Search the HR site for severance and RIF package information.

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Post ID: @2omj+1tthUfQS

Would you mind sharing what job level you were ( Manager, Senior Manager, etc) and how many weeks severance you will receive?

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Post ID: @2aen+1tthUfQS

Prorated for the year I was let go.

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Post ID: @1vhv+1tthUfQS

mine are being prorated, not fully vested for the 2025 traunche.

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Post ID: @flj+1tthUfQS

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