Thread regarding Teradata Corp. layoffs

I worked in Tdat for 2 years and I completely agree with the fact that current top management has no clue what they are doing, they are old and not have vision to match latest technology front and don't know what is there in horizon.

I disagree. I started at Teradata in 2010 and the culture was punative, risk and change averse, and the business strategy was stuck in the past and unwilling to change. I think Vic Lund and the new leadership have started to turn things in a better direction with a more positive culture and more willingness to adapt to market trends. That said, missteps are still made - the August 2017 ‘workforce realignment’ where they walked people out the door with 0 advance notice and seriously eroded the trust they had built with me in the previous ~12 months is a prime example in my opinion. In his tenure as CEO, Koehler never seemed to understand the importance of cloud computing and the desire of Teradata’s customers (along with the rest of the industry) to shift spending from CAPEX to OPEX, nor did the leadership team understand, let alone start the environment & culture shift necessary to transform the company to one that can attract and retain people with the skills needed to keep the place afloat and hopefully thriving in the coming decades.