Thread regarding Teradata Corp. layoffs

The biggest problem with this leadership is they always do what is bad for them. Think big is another white elephant in making. They absolutely have no idea what they are good at.

Changing the management will partly solve the issue, in addition to that every manager should made accountable for their actions.

For example , they spend hundreds of thousands on trainings, travel, customer visits, awards, meetings but no one asks about results. Nobody cares what is the outcome of this spending. Managers should be made responsible for the results not just for their actions. Failure in this resulted in "no action means no risk" attitude in mid/low level managers.

Time for leadership to bring every individual manager out of his sleeping bag and make him to clean the sh--.

The best thing the interim CEO can do is replace all the key people who are part of the old guard -- from executives all the way down to front-line salespeople. The company needs to dump the dead wood and bring in fresh talent.

The real issue with Teradata continues to be their legacy NCR management and board. Look at NCR 17 years ago and you see Teradata today. Poor decisions across of their solution offers. They thought they could save money by moving to a remote model which has only annoyed their highest paying customers. Bad acquisition decisions.

$550M was just Aprimo. Add on the European email firm (eCircle), the social product, the DMP, and the 4 years of integration would make the total investment was almost surely north of $1B. All sold for a 91% discount despite marketing clouds and marketing tech still being super hot. Simply amazingly poor leadership to yield that outcome.

Aprimo bought for $550 million in 2010, sold for $90 million in 2016. Management should be held accountable for destroying so much capital at shareholder expense.

Sold at a huge loss to an off-shore, Cayman Island affiliate of Merlin (investment bank).

Another reason why the whole Board and management team needs to be fired.