Topics regarding layoffs at Teradata Corp.

Topics regarding layoffs at Teradata Corp.

Look after yourself

Good morning people, just a short PSA. I know a lot of Teradata staff read these posts, concerned for their jobs, their livelihood, their families. We are all watching this site to see what news there is of the chance we may be soon be added to the... — read more 

Class action lawsuit filed on behalf of investors

TERADATA SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Teradata Corporation - TDC NEW ORLEANS, June 26, 2024 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE... — read more 

RP Reorg

When will RP’s report be announced?

Teradata loses major deal in APJ

A large government customer due to refresh their platform in June has decided to push the platform for another year to look at alternate options. The renewal was looking to be in the vicinity of $60m and puts a massive hole in the territory number... — read more 

Bullet dodged?

Since there has been no confirmed RIF, at least not mentioned here, perhaps the need for one has passed?

New investor guy on the Titanic

Teradata Welcomes Chad Bennett as SVP, Investor Relations and Corporate Development. Bennett was previously part of Craig-Hallum Capital, where he was Senior Vice President/Partner Equity Research and responsible for primary coverage of SaaS and... — read more 

Google Cloud 5 Late

It only took four years after we announced it. So embarrassing. HA must have something good to leverage to get by with stuff like this. Note she never puts years on her roadmap, just the quarter 😀

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Post ID: @OP+1te8kcCD

The Five Dysfunctions of a Team, and some...

The Five Dysfunctions of a Team, below from author Patrick Lencioni, could easily describe our incompetent ELT. In fact, Lencioni could do a case study on TDC ELT and add another ten dysfunctions for a follow-up book. Absence of Trust: Team members... — read more 

Is our leadership still in the objective reality?

At this point I am wondering if leadership sees some things that are not there. Do you think they themselves take anything they say seriously? Even if it’s only performative, it’s too much shark jump-ey. I sure as he-l don’t see things they talk... — read more 

The Trusted AI...

JW during an internal AI announcement today "we've been infusing AI for decades" Decades...really? Seriously. She couldn't even show up live for this "very important announcement."

RIFs

When is the next round of global layoffs scheduled? Anyone with verified timing?

When you can’t lead, you slash, burn, and blame

With yet another round of deep layoffs coming within weeks, you have to wonder when shareholders will demand answers from the $15M a year CEO whose “leadership” has resulted in the company shrinking, lost customers, and still no viable product. Can... — read more 

2nd quarter

So we have to wait until August for the great news about how the ELT has saved the company?

For the first time in many years working for TD

I haven't taken my laptop with me when I left for my annual leave. I just really don't care anymore if. I lost all hope for this company and, if not laid off in the next few weeks, on my return will be looking for a new job anyway. But I'm pretty... — read more 

What else can be said about this dumpster fire?

All the posts coalesce around bad Board, incompetent ELT, poor leadership, lack of vision/strategy, missed opportunities in the marketplace, loss of customers, no new logos, case-study on what 'not' to do, etc. Furthermore, it's sad to see the... — read more 

SEC Violations Everywhere

When is the SEC going to open their eyes and take these clowns to jail? We are forced to enter invalid "leads" into SalesForce so they can report 100 new logo's added to pipe on a earnings call. It is a flat out lie, when are they doing to open... — read more 

What are the insider layoff rumors?

No secret - the company isn’t doing great and leadership prioritizes layoffs over innovation. Can anyone confirm the May layoffs people are chirping about?

"Possible" - could there be a stupider name?

Naming your global customer event "Possible" must be one of the industry's more stupid marketing ideas. "Do you want to come to our Possible event?" "Sure, but call me when the details firm up." "We are going to make some Possible... — read more 

Oracle and Teradata - A Tale of Two Companies

Both companies started as new database startups in the late 1970s. One has annual revenues of $50B and a market cap of $320B. Stock up 75% last ten years. The other can not break $2B in annual revenue with a market cap of only $3.1B. Stock down 7%... — read more 

Study up on Severance Package at TDC

For all of you left....study up at TDC what your options are for Severance. Ask HR to give you an employee severance document "PRIOR" to your demise. TDC will blind side you with a phone call surprise... and hope you take it ....so say nothing, ... — read more 

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Post ID: @OP+1srsMqmo

What’s going on at TDC ?

Sounds like Q1 earnings was a rollercoaster of excuses and understated dissatisfaction ! What makes TDC weak in a strong market ? How to thrive again ? That’s the question. Calm and clear answers awaited.

Revenue Down - All You Need To Know

Ignore the rest of the lies and BS. Revenue is shrinking. The death march will accelerate and it’s too late. No new logos. Once customers are on AWS their next step is to turn off legacy Teradata. The way this ELT has treated long-term employees I’m... — read more 

Who would have thought....

When you get rid of the best sales people the organisation had, a decline in revenue (in a booming market) is the result. Surely the folks at Mck would have advised the ELT that this would likely happen? Or did they just give more dud advice?

Open letter to SM

Dear SM. Now that you have unsuccessfully held three earnings calls, you should be towards the end of your excuses list. You can exit the Teraverse and face reality. You have traveled to many countries and taken many selfies. You have racked up miles... — read more 

SM and CB Gross Incompetnence

I just read the transcript from the earnings call. Total ARR was down 1% in a growth market SM. “We are not satisfied with this result.” It has to be the understatement of the year. Go through the transcript, one excuse after another, leadership... — read more 

100 new logos!!

... added to the pipeline. (direct from the earnings call) Which means absolutely nothing. I could add 500 new logos to the pipeline by the end of the week just by adding companies into Salesforce. What a joke. New logos -- none. New logos... — read more 

TDC stock flat today

Since about everything went up today, the handwriting is on the wall for Tuesday.

The black list

Nokia …. Kodak …. Blockbuster …. BlackBerry …………. Teradata is the next Same story… No vision … Bad Management

If TDC ELT Bonuses/RSUs Were Revenue Based…

Then none would have made any extra money and they would have to figure out how to grow and win new customers. The apathetic board lets this merry go round keep circling around. This is not fixable. ELT will keep laying off while they su-k what’s... — read more 

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