This is thelayoff.com where you get more straight talk and information than any yammer or ELT meetings. ELT really don't want anyone to hear what's going on and doing what they can to deflect, divert, dis-information, discredit, and suppress... — read more
Maybe it's too late now
I never would've thought that a day would come when I'd think it's too late to fix this company, because I always hoped that it would somehow manage to get back on track. I wish I wasn't right
Dismal 10 Year Stock Performance
In 2013 the stock was in the $65 dollar range. Now in 2023 it is under $40. During this time the analytics market has skyrocketed. This is a sad case study of under-performance. This is what happens when you have an apathetic board who lets CEOs and... — read more
Whatever Will Be, Will Be (Que sera, sera)
No one in their right mind is asking or thinking that the glory of Teradata greatness and yesteryears will reprise. Any discussion of the past is to help others not make the same mistake and improve the future of this troubled place. We know ... — read more
Most phony or damaging ELT or mgmt people at the firm that will cause more layoffs
There's been discussions of this place being overly top heavy with so many directors, VPs, SVPs, and ELTS. Who is the most phony? Who is a not factor, or worse, a net minus that will do most harm to this place? We've seen NC, JW, HA, DS, AY, ... — read more
Transformation - how long is long enough before everyone catch on to the sham?
NC and other ELT said recently we have to be patient as this stuff takes time. People would if there were no other options or experience folks giving them advice that they arrogantly ignore. The transformation started in 2015 when OR took over as... — read more
AI ... IOT .... - what happened? Fake work?
What happened to our AI initiative? OR and many ELT members, since the sentient dude, mentioned that we were preparing to position Teradata to capitalize on AI and hired many super smart people for it. They were working on secret projects that... — read more
Commonality - everyone posting can't be disgruntled or competitor
We've seen postings from marketing, sales, engineering, support, and so on. From the topics discussed, they cover a full range of technical, managerial, social, and so on spanning from frontline workers, low level management, current and former... — read more
FAKE WORK by, for, and from ELT to keep everyone thinking they're doing something while they milk the cash cow
We really need some of the industry analysts to dissect this place call Teradata. So many directors, VPs, and ELT doing nothing but fake work. Layoffs are a big sign of failure from management no matter how you look at it. Whether it's bad... — read more
It is becoming beyond sad
Teradata, You have a problem. Your brand is failing and failing fast, and you don’t see it. Your cutting-edge technology is no longer cutting anything. You keep giving the market away to your competitors. Teradata used to lead the conversation... — read more
VantageLake Is a Flop
We only have five customers with very little product revenue from VantageLake, and none of them are happy with the product. And they don't see a path from their legacy Vantage solution. In fact, VantageLake calls attention to how un-cloudy our... — read more
TDC Trapped By AWS And Can’t Escape Now
Teradata customers have “lifted and shifted” to run their data warehouse on AWS. But now all these customers will move to Redshift or Snowflake now their data is in S3. Redshift has made huge improvements in performance and features like serverless... — read more
Partnering with other businesses
Teradatas issue is that it doesnt understand how to partner with other businesses big or small. It tries to sell direct to EVERYBODY which is the most expensive way possible to get new customers. Unwillingness to partner with resellers is... — read more
Bring Back Vic and Bain To Save Us
Third time is a a charm. The board has so much confidence in Vic they should give him a third chance. Bain can come in and evalulate NC's 40 workstreams and develop 40 more of their own. The only qualification is that each workstream can have no... — read more
Misguided priorities - then commitment to excellence now just pure vanity
It's interesting then and now... Then, Best of the Best (B2) award rewards best people that do the work across the company Now, we honor a selective group under DEI and directors and above that do nothing Then, Winner Circle sales award recognize... — read more
Give them no satisfaction ... I did it my way!
Gonna leave this place soon... stuck it out until it's time and saw it all ... first all the good and now all the bad ... they won't have the satisfaction of laying me off ... leaving when they still need me ... I won't have to deal with this whole... — read more
Be thankful ...
If you can read this, thank a teacher. If you enjoy your freedom, thanks a veteran. If you're benefiting from the Teradata name, thank an old timer and all that built this company prior to 2015. If you like the id--ts you have work with... — read more
Upcoming Layoffs
The rumors are ramping up again at multiple layers that the next round of layoffs will come by June. Every round of layoffs creates more and more uncertainty with current customers but more importantly the potential new logos. I fear things are far... — read more
Teradata and Silicon Valley Bank
Apparently Silicon Valley Bank only had one board member that understood the banking industry. We all saw how that worked out. Does TD's board have even one member that understands the database software industry? If not, is TD doomed to meet the same... — read more
More people should quit for their own good
I see so many people hating their job and being miserable but still staying. Mental health is one of the few things that cannot be measured in terms of money or material possessions. It's invaluable, and you should always give it the utmost priority... — read more
Impossible to fix?
(…..)This company is strapped down to one product, one sales channel, and no ability to change. At this point, it is helpless. Not even Elon Musk could save us... I know many people think like @dyd+1lCjGWD0. It used to be nice to work here and... — read more
Oracle vs. Teradata - Growth and Vision vs. Stagnation
Oracle and Teradata started at about the same time. Oracle has $45B annual revenue with a $227B Market Cap. Teradata is less than $2B revenue and a $3.7B Market Cap. The same opportunities in the market were there for both companies. Oracle... — read more
Project Managers being shadowed by offshore resources?
I heard from a PM over the weekend that there are unknown attendees on their planning calls. In one case the call was ended by the PM, before closing the session voices speaking non English started chatting. Has anyone else experienced this?
Titanic- great hopes and potential but…….
It’s a case of so much potential yet slowly sinking due to ETL ineptness, and a complete disconnect with what’s going on…With executive leaders who do not have experience with new logo growth of a product without brand recognition or a positive brand... — read more
Biggest Waste-JM Studio or McKinsey?
Vote for the biggest loser. JM Studio branding fiasco or NC/McKinsey strategy goat rodeo? Neither delivered an ounce of business value and resulted in smart engineers being laid off.
SNOW Hits $2B While TDC Shrinks
It’s official now. Snowflake trailing 12 months revenue over $2B. TDC forecasting only 1.6B in 2023. Case study on how a company lost its way in its core market. Kodak, Borders, Blockbuster, K-Mart, Teradata. #TDCGotSnowBalled
<.01 New Customers Per Salesperson!
500 Salespeople and only 6 New Customer Wins???? This is the most concerning metric and tells you that only those companies who have an embedded Teradata database are staying with the technology until they can un-stick themselves.
Short and long game ... what's in the future for all
Now that AIP will be paid out. Many of us will start the exodus. If you're starting your career, this is place is as good as any to learn the technology, product, do all the social stuff, attend activism meetings and not really deliver products... — read more
Heads-Up - I see the AIP bonus coming March 10th, 2023
To all former co-workers affected from Nov/Jan layoffs. I just noticed the AIP bonus coming through my bank's direct deposit tomorrow (March 10th, 2023) Just like a kick-starter, every bit helps! If you live in California and getting EDD benefits... — read more
Engineering led and customer driven - now chaos and lack of identity
This company and product has always been led by bright and talented engineers to address the needs of the customers. Product management and all other contributors were the supporting cast. They know good ideas and technology is paramount to the... — read more
JW New Branding will save us
Are we really spending millions to rebrand? We hemorrhage engineers, can’t get Vantage to work and now this. You really can’t make this stuff up.
Turn out the lights... the party's over
After the layoffs come the voluntary departures. ELT may have considered the consequences but unlikely they planned for departures from the least expected or how many. Rinse and repeat. With each round, this place distance itself from the... — read more
who needs layoffs - the lost generation of engineers
Teradata was once great because despite all obstacles, they retained everyone and retooled to overcome them. Many people joined the company, grew up, master the product and continued to carry the torch of excellence from those before them. With the... — read more
Effects from last layoffs coming - keep your eyes open
Thanks to the infinite wisdom of the idt ELTs, many productive and knowledgeable engineers were recently canned instead of the useless directors, VPs, and S*VPs. Engineers are very mindful of how they may be treated in the future. Many more... — read more
Down down down down ... all one needs to know what the future will show
https://finance.yahoo.com/news/teradata-full-2022-earnings-eps-100755496.html Let's see the corporate troll and avid supporter spin this one. Teradata (NYSE:TDC) Full Year 2022 Results Key Financial Results Revenue: US$3.59b (down 6.4% from FY... — read more
Only 6 New Customers in 2022?
Another thread disclosed this. Anyone have more insight since there is zero public disclosure from TDC on this?
API?
Do you think we’ll get our bonus the first week of March like last year?
Arrest Churn!
Hahahahaha. This is what you get from $30M to McKinsey thanks to our Chief Strategy Officer. We paid them by the work stream. That’s why we had over 30. #JOKE
AY AY AY! He is leaving the building
That's all folks. Enjoy.
Just give us the info, good or bad
I'm more than capable of making a decision, of managing my bias, of having an honest debate, of recognizing the perspective of institutional investors, of understanding that change takes time, of earning my paycheck. I am capable.