I lost a few people on my team and am still wondering how widespread the layoffs are and if more are expected to come this year.
Teradata spent $308m on buybacks in 2023
Anyone else wondering how much of it landed in LT's pockets while they have "successfully" and quietly (from the Street) laid off people a few times last year or, possibly, underinvested in R&D, cut costs up and down in all lines, so taking an... — read more
Gartner DBMS Spaghetti Chart - TDC Drops Out of Top Ten, Snowflake Up to 7
This one chart tells you everything you need to know. Look at the downward trend from TDC and the upward climb from Snowflake. It also shows how dominant AWS is. Teradata totally missed the move to cloud, failed to expand their business model... — read more
Last 10 Years - TDC Stock Down 10%
How can a company be in the fastest growing segment of the industry and perform this poorly? Shame on the board and all the senior leaders during this time. TDC = The Dying Company
Teradata (NYSE:TDC) Reaches New 52-Week Low at $36.56
https://www.defenseworld.net/2024/04/14/teradata-nysetdc-reaches-new-52-week-low-at-36-56.html Teradata (NYSE:TDC) Reaches New 52-Week Low at $36.56 Posted by Defense World Staff on Apr 14th, 2024 Teradata Co. (NYSE:TDC stock price reached a new... — read more
Any news on Marketing & Product RIFs?
Seeing a lot of GTM RIFs happen, anyone hear rumblings of similar shakeups in Marketing or Product?
Cost Savings measures...?
We were told we are in a travel freeze, no promotions/raises till October (believe that when I see it) and yet - eLt mtgs in EMEA, Winners circle for 100+ in Hawaii (how do you celebrate NO NEW LOGOS?) continued RSU's to execs. Tell me again how this... — read more
Pleaaase !
Leaving TD wouldn’t just be a relief; it would be a strategic victory. Given my tenure and the generous severance norms in Europe, it translates to a solid financial windfall for me. Frankly, I'm more than ready to shake off the dust and sprint... — read more
RIFs Are A TDC Core Competency
TDC has done so many layoffs the past 6 years it’s something we are really good at. Flawless execution. 10 heartless minute calls and another one bites the dust. I survived another round. Glad I’m retiring in a year or two. If you are younger GTFO! — read more
How Many Employees Are Left at TDC?
Does anyone have the number by year? If you graph employees, revenue, and customers you will see all three of these critical metrics are shrinking while the company is in one of the highest growth sectors (data and analytics) of the industry. This... — read more
Oracle and IBM Guy Running Sales
This promotion is exactly what Teradata needs to show the industry they are modern and cloud-native. IBM and Oracle were the pioneers of cloud. Hahahahaha what a joke. This board and company can not get a single executive hire right.
TC out - RP in
Announced today in email to company from SMcM.
Tera… what ?
Dying for TD ? Never. It's definitely sad but utterly pointless. Don't let despair take over your life! Life offers much more excitement and possibilities than what TD can. Give no heed to such a futile entity. Instead, grab the opportunity, take... — read more
Condolences
Just heard another victim to the black dog as a result of RIF action. When is this madness going to end? Loyal, hard working staff simply thrown aside with no care by the company. Whilst the ELT count their millions, the workers are suffering, they... — read more
"The backlash is real": Behind DEI’s rise and fall
i.e. DEI = DIDN'T EARN IT https://www.axios.com/2024/04/02/dei-backlash-diversity Apr 2, 2024 - Business "The backlash is real": Behind DEI’s rise and fall Emily Pe-k author of Axios Markets Diversity, equity and inclusion, or DEI, was the hot... — read more
TC needs a new business model and release model
The business model used to drive the TC feature release and Beta/GA timelines makes no sense. It is quite different from any other (successful) cloud-based company that I've worked for. These timelines seem to be driven ENTIRELY by customer demand... — read more
A failed company
Teradata has turned into a place where you simply collect a paycheck while you do the bare minimum. That's it. Nobody is trying because everybody and their mother know this is no longer a place to grow your career. This is our reality and frankly... — read more
Q2 Reorganisation
Whispers started to swirl about a big reorg off the back of Q1... any information or speculations which parts of the company it will cover? No point in asking what's the reason. All is clear.
RP to be new TC?
TC gone May 1st? RP backfills into TC. New bloke hired or an internal promotion into JA's role?
Trust is gone
There was a time when employees trusted those on top and believed that we were in this together. That time is long gone along with that trust. I don't believe this lot anything anymore. They have lied and gaslighted us so much in the past several... — read more
Where is it?
SM said a big win was delayed in 2023 into 2024. Q1 is almost over. Where is it?
5x trading volume on Fri Mar 15th
Did anyone else notice 5x trading volumes against average on Mar 15th? And the price maintained its levels!!! And this happened just before the black out period. What’s going on?
Apple just paid $490 million for CEO misstatements on an earnings call. I wonder how much Teradata is going to have to pay?
Apple just paid $490 million for CEO misstatements on an earnings call https://www.yahoo.com/tech/apple-reaches-490-million-settlement-122654288.html I wonder how much Teradata is going to have to... — read more
Maybe time to go TC
TC has been very active on Linkedin lately. Is there anything TC doesn’t “like” ;-) Guess he knows it’s time to exit stage left. Would have been nice if he had spent his time selling the company’s software rather than his own stock options. — read more
JA left the company
I learned that JA left the company yesterday and RP will manage the transition. He left on her own?
Customers !
Even it’s pretty late, if still possible TD should return to the basics. TD fate is in prioritizing customer-centric strategies. As the saying goes, 'It's the customer, stupid !' When customers are cared for, everything else falls into place. Since... — read more
Continuing to lose customers
I am not surprised. At this point being laid off would be a blessing.
Ouch - Snowflake Taking Another HUGE Teradara Customer
Say goodbye to one of the largest healthcare customers. 2024 is going to get ugly
More ELT 'Cashing Out'
Another ELT member (HA) just sold $545K this week, following in the footsteps of SM, TC, etc. https://finance.yahoo.com/news/teradata-corp-chief-product-officer-045226023.html
Chappy
Is NC gone from TD? I used to see loads of Chappy comics and comments here but none for a while. LinkedIn still says he is roasting time there still.
Executives giving no salary increases but have the $$ to travel to Asia
Good work on cost saving plans
Possible 2024 website missing execs
Anyone else notice this?
AIP…did anyone get the full 95%?
With management and executive management slashing everything, including AIP, did anyone get a decent percentage?
Escape If You Can
I was able to break free from this troubled mess Teradata has become. I did not realize how depressing and dysfunctional Teradata is until I got hired by a healthy, growing cloud company. Databricks, Snowflake, AWS, or innovative startups can all... — read more
Why Was Previous CMO Post Cancelled?
The post that had the most views that clearly outlined all the ethical concerns with the CMO disappeared. Why? Maybe Elon should buy The Layoff so we can have transparency on this site. This type of unacceptable executive behavior needs to be... — read more
Teradata Cloud Migrations > Major Step Towards Moving Off Teradata
Teradata's cloud strategy is a death march since once customers break free from Teradata on-prem jail and move their data into AWS, Google, or Microsoft storage layers, these customers are one step away from turning off Vantage and pointing Redshift... — read more
When will cuts continue?
I'm eager to get kicked out of here. I'll celebrate if I'm among those affected.
The word is out that it's not good to work here anymore
Great people laid off and all of a sudden the place is like a morgue. Culture has plummeted and we are even struggling to find good people to hire because the word is out that it's not good to work here anymore, so the quality of candidates we used... — read more
Looks like the SEC finally caught on
https://www.businesswire.com/news/home/20240222285689/en/Kirby-McInerney-LLP-Announces-Investigation-of-Shareholder-Claims-Against-Teradata-Corp.-TDC
A record-breaking day on Wall Street
And The Dying Company is up .71. What a performer!