Not a great look during an all hands where the news isn't great. Basically told the whole company how disengaged they are in one simple action... like common ELT...
Merit Increases and Promotions Cancelled Until October
With no warning, merit increases and promotions scheduled for March 1st have been cancelled until October. If you were looking for a sign it is time to leave TD this is it. Why would you trust to even get it in October at this point?
No merits in March
And no promotions... of course LT doesn't need/rely on merits to face high inflation across the world economies, they can just sell TD stocks they shouldn't be receiving for their "outstanding" performance... for the rest of us... who cares about the... — read more
MarTech Interview with Jacqueline Woods, CMO at Teradata
https://martechseries.com/mts-insights/interviews/martech-interview-with-jacqueline-woods-cmo-at-teradata/ From the impact of AI on the future of marketing to the challenges marketers face when scaling personalization tactics; Jacqueline Woods, CMO... — read more
Legacy, Expensive, Stagnant, + Under Investigation = TDC
It was bad enough after being dropped from the leaders quadrant by Gartner. Now even more disappointing results, and an investigation that will uncover all the financial games they are playing. No CIO in their right mind will stay committed to... — read more
Leadership of PS in UK&I is a Joke
Doesn’t matter if you turn a blind eye or purposely promote deception, it shows a lack of backbone. Good people continuously lose their jobs whilst those in power turn a blind eye and condone behaviour which is without doubt misconduct. No wonder TD... — read more
Incompetence is they key success and longevity at TD
I spent over a year a TD in Europe and then was riff’d. Not because of my ability but more down to those making the decision I can be safe ‘ If I can find scapegoats everytim there’s a riff’ . The only constant in the continuous failure is those... — read more
Good Companies Promote From WithIn - TDC Did The Opposite
Teradata brought in numerous unqualified outsiders to fill all the key positions (ME, RP, ET, NC, TC, HA, JW, etc. and their directors, so the smart employees saw there was no upward mobility for them and left for greener pastures. Plus they hired a... — read more
TDC Stock Lower Than 10 Years Ago
This time in 2014 the stock was around $50. Now it is $37. This is in the fastest growing segment of the IT market. Yet the BoD let countless ELT members rake in millions with RSUs not linked to growth metrics. Teradata will become a case study in... — read more
HCA Healthcare selects Teradud Vantage Cloud
Good luck with that!
Layoffs in EMEA
We have started to see back-office layoffs in EMEA.
Teradata is paying lawyers to try and reopen the SAP case they lost.
https://www.law360.com/ip/articles/1796919/teradata-asks-9th-circ-to-revive-sap-antitrust-ip-claims (February 12, 2024, 10:40 PM EST) — Data analytics outfit Teradata urged the Ninth Circuit on Monday to revive its trade secret and tying claims... — read more
Analysts are getting it
These analysts made changes to their price targets on Teradata after the company reported quarterly results. RBC Capital cut the price target on Teradata from $59 to $48. RBC Capital analyst Matthew Hedberg maintained a Sector Perform rating. B of... — read more
Thank you
Since being "cost optimized" on Halloween, I have found solice in this board knowing that we share a common story. That is one where we were discarded, no longer needed. Not part of the family anymore. The method in which it happened was cruel. Not... — read more
Wow, does he really think people will buy this.
"Despite a year of solid progress on our strategic and financial milestones, we ended the year below our 2023 outlook for cloud and total ARR. This was primarily due to deal timing issues. Let me explain. We are seeing that Teradata is becoming even... — read more
PE Vultures Waiting.....
The PE vultures will end of buying TDC for a huge discount to milk the last drops out of the cow before it falls over in the pasture. The ELT has not clue what to do next now that they are exposed.
"More New Logos Than Previous Quarters" - Means 1 or 2 new customer wins....
SM can not bring himself to state an actual number and you see the stock finally tanking. The ELT has been playing a shell game of moving revenue around and calling it growth. If you move the 100 chairs around the room, but still end of with the... — read more
Q4 Earnings call
Listen to the recorded call or read the transcript…
Cost optimization efforts
I hope this starts with getting rid of marketing and anyone director and up.
Investigation Into Teradata Corporation (TDC) Announced by Holzer & Holzer, LLC
Investigation Into Teradata Corporation (TDC) Announced by Holzer & Holzer, LLC ATLANTA, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Teradata Corporation (“Teradata” or the “Company”) (NYSE: TDC) complied with... — read more
Those who are left...
You don't deserve this. You work hard, had a belief that the strategy is working because SM told you so. But that facade has well and truly been smashed today and the game is up for the ELT. The cuts from here on in will be more aggressive. No job... — read more
TERADATA LEADS THE MARKET!!!!
In losses today. Interesting the esteemed Chairmans company is on the list too so maybe the apple doesn't fall to far from the tree. Symbol Name Price (Intraday) Change % Change Volume Avg Vol (3 month) Market Cap PE Ratio (TTM) 52 Week... — read more
Listen to Wall Street, not the C-Suite
SM and CB were basically forced to admit to analysts that the company is not growing. Not a good look for a company in a high-growth industry. Analysts are realizing the company is a dud with investors giving it a D or F rating and saying not to buy... — read more
And here comes the lawyers
And here come the lawyers https://www.morningstar.com/news/business-wire/20240213345997/tdc-news-johnson-fistel-has-commenced-an-investigation-on-behalf-of-teradata-shareholders TDC NEWS: Johnson Fistel Has Commenced an Investigation on Behalf of... — read more
The Emperor is, in fact, na--d
And so is his entire incompetent ELT. Finally the analysts woke up and started asking a few tough questions (or rather their stand-ins did). But too late. Absolute car crash and it is now clear that SM and CB have been less than honest with the... — read more
What's the damage to AIP and how many of us will be laid off
All I care about. Make your bets here. My bet is 75% AIP and will shed 300 people, mainly from a back office and consulting. PS. The video from SM and CB was not inspiring. One bit.
There is only one number that mayters
Revenue up a whopping 2% YOY. When the rest of the industry is up double digits. Looks like Teradud is on life support.
We Didn’t Drown!
We are the only company who celebrates treading water. Our revenue is flat but SM will tell the analysts “our strategy is working. Who buys the house of cards?
A number of fire drills across the business...
has reached a new high... currently it's a flurry of them, all kinds of activities, especially around customer accounts, renewals. It all feels either an important announcement is coming (merger, acquisition, buyout) or a panic at c level has firmly... — read more
Possible Buyout - rough estimate
If any company were crazy enough to "but the installed base", what is the approximate number of customers that are still with TDC? NOT looking for proprietary info, just a guesstimate on the size of the installed base. Fairly easy to work back from... — read more
There was a time when our office....
Was fun to go into. Our culture was great, our customers loved us, we were working the deals, making our number and even engaging with new prospects. Then something happened. We signed a new logo and as soon as we did, the powers that be riffed the... — read more
Why not leave?
I feel bad for those that are on here that got laid off from Teradata. Hopefully they can find another job. It seems that there are many followers here that are still at Teradata and contribute to this board. Question for those people is, why... — read more
New Business, New Logos, New Customers, New Prospects????
How many of the "new" items resulted from SKO activities? Aside from "sunshine & happiness" from the ELT, did they have anything of substance to say? I'm guessing the answers to these questions are "zero" and "no"
We’ve become the cobbler whose kids don’t wear shoes.
Anyone else find it interesting that we tell customers to use data to improve revenues, connect with their customers, drive innovation, and eliminate silos—when we are losing revenue year over year, losing customers without gaining any new ones, are... — read more
Stuck in DC, wanting out
I'm in my hotel room after a terrible day here at SKO in DC. I can't take the lies and rubbish they feed us. No one wants to talk about the ghost in the room which is a massive decline in our business. No one wants to talk about why management... — read more
JW should be fired for non-performance
How long will stockholders put up with non-performing diversity hires? Stock price is artificially high and revenue is trending down. Stock price is not the indicator of health apparently. And JW is in way over her head. No new logos and nothing on... — read more
SKO
Here’s an idea…when any of the loser ELT members get on stage at SKO: SILENCE. No mo--nic clapping and hooting or even booing. Just silence. That would be fun to watch.
What we know about the ELT
HA is grossly incompetent, but SM has a school boy crush on her, which HA exploits. The second-hand embarrassment when those two are together is off the charts. TC wonders why a guy who still uses a Rolodex can’t sell legacy technology, then blames... — read more
I can't think of anything positive about working at TD
Pay is not where it should be, benefits are even worse, we have to deal with toxic managers daily, favoritism is running rampant, if you want to get promoted you need to know someone higher up... The list goes on and on. I remember when I liked... — read more