Laid-off tech workers can now talk sm--k about ex-employers, says NLRB https://www.sfgate.com/tech/article/severance-packages-silence-workers-nlrb-rules-17799428.php The National Labor Relations Board said severance pacts requiring confidentiality... — read more
Damage control in action - discredit, distract, divert attention and conversation
Wow, whether it's company trolls or hardened supporters, recent discussions triggered responses that make one wonder. Where there's smoke, there's fire. Just give us the info, good or bad, we're more than capable of observing what's going on at... — read more
Watch out - layoffs in 2023 - rank and yank at meta - this place will copy
All recent discussions coming together. Companies rank their people low, get layoff list ready, and pulling the trigger after saying no more layoffs. This place is a follower, had and will continue to do the same. Read, learn, and decide for... — read more
“Cloud Is A Fad” - Teradata CTO 2014
And he still has the CTO role at Teradata?No accountability for lack of vision. Most of the responsibility for Teradata being a #CloudLaggard rests on his burning man shoulders.
Total Customers and New Customers?
Why is Teradata not transparent on these metrics? Snowflake reports this every quarter. From their last earnings announcement - 7,292 total customers, 287 customers with trailing 12-month product revenue greater than $1 million. Simple math and we... — read more
Thank you, layoff.com, for providing a safe space for me to unload my baggage
What have I learned from this forum? When someone says something positive and remotely intelligent about Teradata, this group is quick to denounce and downvote them, and claim thay are hr or ELT - even if the individual explicitly states multiple... — read more
insider actions
Interesting insider actions that may say something about this place https://www.secform4.com/insider-trading/816761.htm
is it starting to unravel?
Looks like pressure is mounting for more revenue from cloud. We see posts using RG as the scapegoat and admission this place is a sh**show. The infighting has begun? Everyone positioning themselves? Who will be first casualty?
Point of no return
Humpty Dumpty sat on a wall, Humpty Dumpty had a great fall. All the king’s horses and all the king’s men Couldn’t put Humpty together again.
#TDCGotSnowballed
This hashtag goes out to our CSO 😀
TDC "Shell Game" Financials - Investor Beware
Investor beware of TDC's "cloud growth" sleight of hand. I worked there and I saw what the previous and current CFO are spinning. It is technically true, but not a smart metric to focus on. Let's do some simple math. If you had two buckets and... — read more
RG was the biggst conman in history of TD. Period.
For 3 years, RG sold a dream to us in field in monthly clls tht he is buildng a product to handle scale of our largst customers. Every month canned demos were given to us tht we now understand were completely bogus. RG was so smooth at deflecting... — read more
total revenue & new logos - IMHO only metrics that determine future of this place
IMHO - New customers and higher total revenue are the most critical metrics that determine if this place will continue its downward spiral or have some life left. ARR is like a freebie starting point and serve as the existing customer base. Any... — read more
Copycat layoffs - the incompetent ELT we-pon of choice
What was the main reason given for the recent Nov and Jan layoffs? Anybody buying it? As we know, the incompetent so called ELT we-ponized layoffs to get rid of political victims, those that are deemed old timers or too old, etc. The following... — read more
why layoffs will continue - performance appraisal bottom ranking quota
As usual, this place is a follower and as mentioned in many posts, this place has adopted a continuous layoff model and no end in sight. See article below to fully appreciate layoff implications. That's exactly what seems to be going at this place... — read more
Has TD been buying shares back in the past 2 days?
What else could push the stock price +24% since Friday close? I mean ok EPS is up, but business is contracting (based on falling revenue). If indeed it is a buyback, it’s a Google type of story, layoffs on the one hand, shares buyback on the other…... — read more
Total revenue $2B
Someone asked here for our opinion whether Teradata will ever break $2B again. I don't think they will. You?
earnings - good, bad, ugly - pump & dump - won't avert layoffs - beware
Good job to the carpet baggers for pulling out Q4 and 2022 but it will be short lived and won't avoid layoffs.... First, great for those that were laid off because they will get some bonus payout and put everything in the rear view mirror. ... — read more
Slowly Sinking Ship
Total revenue was $1.795 billion versus $1.917 billion, a decrease of 6%. Once the street figures out the shell game the stock will return to 2009 levels. This is a dying company, trading on prem revenue for cloud with minimal new customer growth
Earnings Summary: Public Cloud ARR up by 77%
Everything else down. Total ARR -- down 1%. Total Revenue -- down 6%. Gross Margins -- Down. Operating Income -- Down. Down in virtually every metric from 2021. All 'success' is being measured versus Public Cloud growth, and that cow has about... — read more
Earnings call Monday
I imagine the diversity hire and her minions are feverishly trying to put lipstick on this pig. Like Kevin Bacon in Animal House: “Do not panic! All is well!”
All the actions speak for themselves
Lots of pressure and layoffs everywhere but it does not have to be that way. If stakeholders really know what goes on day to day, they would demand mgmt be fired. Good management take care of their people through the rough times, build trust, and... — read more
What a doozy? WOKE & ESG ... Bain and McKinsey
This place sure knows how to pick them. WOKE and ESG driving the demise of the company at the expense of employees and share holders. What would one expect ? Could this be coincidence? The dismantling of the company over the last many years and... — read more
HA is here to save us
I honestly do not understand why people are upset with HA. She is an amazing leader with deep understanding of our technology. HA is caring, kind, inclusive, understanding & smart. She is surrounded by DS her best-in-class SVP of engineering and... — read more
go ESG go broke - endless reasons for layoffs to continue from activist mgmt
This place has gone woke and fully submerged with ESG instead of focusing on delivering world class products and taking care of its people. With more info and data coming out indicating ESG funds under performing, it´s reasonable to infer that this... — read more
Q4 Earnings call at 5 am Pacific on Mon Feb 13 — odd time? Or normal?
Noticed the Q4 earnings call will be at 5AM pacific / 8AM eastern on Monday Feb 13. Is that unusual? I recall most seem to be around lunch time / early afternoon for California, and near end of day for eastern NY time. Am I remembering incorrectly?... — read more
TDC Will Not Promote This List
https://fortune.com/ranking/worlds-most-admired-companies/
Any guesses on number of departures after AIP payout?
Many are just hanging in there for the payment and sayonara. Any guesses on number and which area will be hit most?
Age discrimination - TDC followed failed IBM model and may lose lots of lawsuits?
Another case of this company being a follower and not a leader. Just like IBM, this place RIF so many competent workers via age discrimination (see recent stats and all other posts) under the guise of needing some skillset quickly to... — read more
Cloud Revenue Bubble - TD to pay dearly if inflated numbers proven?
This company is not a leader and may prove to be an even more incompetent follower. For many quarters now, Cloud Revenue were from migration of old systems. IBM did the same. We will see how IBM come out of it. Regardless, IBM will survive with... — read more
November 9 RIF stats - intent confirmed
94 RIFfed stats point point to sr. dev or frontline mgr over 40 in SW Engr in California (this group has the most knowledge on the product) as main target By age 20 to 29 - 11 30 to 39 - 15 40 to 49 - 22 50 to 59 - 24 60 to 69 - 21 70 to ?? -... — read more
Better days are here..
I see no doom and gloom posts. Less chatty. TINO spammer took a sabbatical. Stock looking up. I think the quarterly results will hit the stock price out of the park.
Final separation payment from Nov RIF
Anyone laid off in November 2022. Did you receive the final payment?
IBM having a RIF, support impact to on prem TD?
This should be interesting. Huge RIF at IBM.
New Logos?
This is an honest question from long term TD employee who left about a year and a half ago (voluntarily I might add, and with absolutely zero regret). Is Teradata landing any new logos at all? My experience talking with customers in my new role is... — read more
Nominations please !!! Which so called leader will bail first?
Voluntarily or not, which one of these geniuses at VP or above will exit 1st in 2023? So many do nothing VPs to choose from. Unfortunately, they all think they're doing something meaningful but everyone knows better.
Time to bail after AIP payout
Many in engineering are just waiting for AIP payout and then it's sayonara. No one has any respect or trust the current directors or VPs in the organization. The consolidated engineering team under incompetent former VP, now SVP, and recently... — read more
SKO 2023
How is the mood?
Survivors beware
If you have survived the Jan RIFs, congratulations, you are automatically selected as a candidate for the next round. If you belong to LT/ELT, don’t worry you’ll be able to milk the cow and keep going on your foreign jaunts and consume the travel... — read more