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
RIF confirmed for next week and week after?
A lot of rumors are going around. Do we know anything for a fact?
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 😀
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?
Teradata now is in a legal battle with Consulting Partners - when will this end?
May 7, 2024 Filing 1 COMPLAINT against Cerulium Corporation (Filing fee $405 receipt number ASCDC-11751018) filed by Teradata US, Inc., Teradata Operations, Inc. Service due by 8/5/2024 (Attachments: #1 Exhibit 1 - 16.0 Copyright Registration COR (US... — read more
Pomerantz Law Firm Announces the Filing of a Class Action Against Teradata Corporation
https://www.bakersfield.com/ap/news/pomerantz-law-firm-announces-the-filing-of-a-class-action-against-teradata-corporation-and/article_eec0c8ac-9048-58c7-8df5-6676cade6fb5.html AP Pomerantz Law Firm Announces the Filing of a Class Action Against... — read more
Class Action Lawsuit Has Been Filed Against Teradata Corporation June 15, 2024
https://www.morningstar.com/news/globe-newswire/9154443/teradata-alert-bragar-eagel-squire-pc-announces-that-a-class-action-lawsuit-has-been-filed-against-teradata-corporation-and-encourages-investors-to-contact-the-firm GlobeNewswire TERADATA... — read more
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
A String of Inexperienced CEOs - What Was The Board Thinking?
Teradata hasn't had a CEO with experience running a software company in over 20 years. Only one even had CEO experience, but in the grocery business. All the CEOs during this time lacked experience running a software company. MH (NCR hardware... — 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
Lost Money on Teradata Corporation (TDC)? Contact Levi & Korsinsky Regarding an Ongoing Investigation
https://www.wlns.com/business/press-releases/accesswire/861858/lost-money-on-teradata-corporationtdc-contact-levi-korsinsky-regarding-an-ongoing-investigation/ Lost Money on Teradata Corporation(TDC)? Contact Levi & Korsinsky Regarding an Ongoing... — 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
"Increases to CEO Compensation Might Be Put On Hold For Now at Teradata Corporation"
https://finance.yahoo.com/news/increases-ceo-compensation-might-put-104237297.html
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
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
Its not just Product strategy but TDC Corporate culture that's a day late and dollar short
Hopefully, for all of you Long time 30+ year non - minority lifers...DEI is dead. Maybe KKR equity will aquire TDC and the employees will be treated with respect. "Amid growing legal, social and political backlash, American businesses, industry... — 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
JW and HA - Both Are Responsible for Terrible Analyst Rankings. Why Are They Still Here?
We have lost the only edge we had for awhile - Gartner's favorable rankings. Now we are out of the Leaders Quadrant of the MQ and the Spider Chart shows the rapid decline while Snowflake and Databricks are passing us. When will these two executives... — read more
Stock ticker should be RIF instead of TDC
RIF is the strategy that allows ELT to keep milking while the ship is sinking.
Any confirmed layoffs?
Hearing whispers on my team & org. Anything confirmed yet? Total layoffs? Globally?
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