Someone in this forum claimed the layoff date was announced as next Monday. I haven’t heard any announcement like that, but maybe other regions have some sort of requirement for them to say? Can anyone else confirm that date or have different... — read more
Was the move to 100% ARR really that great an idea ?
Whilst the theory was great, it seems that the reality is not. Is ARR actually guaranteed to recur ? No. Did the company’s value go up - as expected and forecasted at multiples never seen before ? No. Did overall revenue go down, quarter on... — read more
Does this mean fewer layoffs?
So, with revenue exceeding August guidance and shares going up, does that mean we might see fewer layoffs in the near future? Or (more likely) will they proceed as previously determined? I'd just like to believe that this could make some... — read more
Scott Brown Resigns
News this morning that Scott Brown has resigned. He was the only reason I decided to stick around
New TD jobs on LinkedIn, but they're in Mexico
I notice a few TD jobs in software development posted online but they're in Mexico. I've seen some position in RB, but I think they're for QA/Testing. Back in late 2019 and early 2020, I know that TD opened a small office in Tijuana, and there were... — read more
No leaks or no plan
Either the LT is extremely good at guarding information or they have absolutely no plan that could be leaked.
RIF RIF RIF
3 years in a row!
cloud cloud cloud
this is getting exciting! the all hands meeting is full of positive plans for the company! Forgo the ongoing RIFs/Retirement/Grudges/all negative topics.. let's focus forward... I know there will be a lot of 'trolls' here, so just wanted to let... — read more
We need a new ELT
Fire the entire top management in Teradata first. Once you have done that may be we can hire some good people who know what they are doing to help Teradata. I couldn't agree more! This leadership has proven to be completely incapable of running... — read more
I'm sorry for the workers, but not for the company
Teradata has wasted opportunities, allowed incompetent management to remain for years, punished good workers who don't "blend in", and continued to hire incompetents in the ELT and Board. So, I guess they are reaping the "rewards" of years of... — read more
This is Ducking crazy!
End of October? Whats wrong with SM? Three months of waiting is unacceptable
Live stream meeting
Someone should live stream this company meeting to do a watch party what a sh– show.
Let's get it real.. post if you are laid off.. else please don't
In order to get some clarity if we can post here the department or team when some one is unfortunately layedoff it will help calm some nerves.
I wish you guys well
As an ex- Employee who was cut on some BS ground, I will all of Teradata guys well, especially the older employees.
Have cuts started?
I thought there'd be no cuts before the end of the week, what did I miss?
Why would you even bother to stay?
Congrats to all of my fellow colleagues who got cut today. I did as well (US based) and I am so happy. TD is never coming back. It isn't about the tech, it is about what customers are buying. If they thought TD was a better solution than other... — read more
India
So, it’s Monday morning in India now. Any unexpected meeting invites going around so far?
Monday is D-Day, Tuesday is All Hands
3 years in a row makes it an annual event. Downward spiral.
The laid off employee's pledge
Teradata was a great product and it is now ruined by mismanagement. As a laid off employee, I pledge to actively recommend the decommissioning of Teradata systems at my next and all subsequent places of work and to actively convince my professional... — read more
Teradata doesn't realize what it's losing
I wasnt a manager, but a hell of a designer/architect/delivery guy. Did almost all the tech presales single-handedly, brought in projects and enhancements for various customers, problem was THEY thought i got paid too much (~$150k), had me train half... — read more
Any thoughts on the bonus implications of the current restructuring?
To my mind as we gain more efficiency and decrease the costs, while keeping the customer subscription flows only slightly touched, the bonus pool may get bigger? What do you think? Good times ahead for those who keep cool?
Are you prepared ?
This place is a wreck and we all know it. It's a close to assurance that you will be laid off in any event once in the course of your life. Knowing this, what actions are you taking to plan for the day when you're notified that your position has been... — read more
Sept. come and gone
I spent the whole month trying not to worry about layoffs while focusing on projects, and it didn't work. I worried. And then worried some more. There's little we can do but worry when we know it’s coming, but we just don’t know the exact dates... — read more
Layoff updates: If you've been with TD for over 7 years or are 55+years old ...
Its bye-bye? I need someone to confirm this rumour that I'm hearing from friends and colleagues? HR and my boss dont say anything. Some people who have taken retirement but I know people in the Nordics for example who are late 50's still staying on... — read more
Teradata is a joke? or not? $SNOW v $TDC on Wall Street.
So Snowflake IPO'd a few weeks ago. How are they faring at the moment: Current valuation: Snowflake: $250 bucks a pop and ~$70 Billion market cap Teradata: $23.2/share and $2.5 Billion and change mark. cap Is Teradata: A) Going to make it -... — read more
Our Program Management group is a joke
the pogram manager group needs to add value &stop randomization, micromanagement and last minute requests to justify their middle-man duty. I suggest project management 101 training to be mandatory for the PGM group Clarification note: program... — read more
Partners User Conference
Maybe this year the customers will out number TD employees. Well if there are any customers willing to travel to SD. Doubt any international customers will make it. I am sure it will be a great success as always.
When is L-Day?
Do we know when is layoffs day? I'm sure our lovely and thoughtful CEO wouldn't drag it throughout the end of October. Would he?
This means nothing without a growth plan
The restructuring would be more credible if it also included a growth plan, i.e., cutting costs so that the company is in a stronger position to generate revenue as it had in its glory days. Without this, layoffs will continue to mitigate the impact... — read more
It's not going to be enough
However many people accept to leave voluntarily, you can expect regular layoffs to follow. Expecting anything else is intentionally choosing to live in denial. Teradata needs to cut costs drastically. The easiest way to do that is through layoffs... — read more
Stop terrifying us SteveM!!!!
Terror. Verb. To ceate and maintain a state of extreme fear and distress in (someone); fill with terror. This is what you have created by announcing to the world you will be taking our jobs. Yet, it is taking you months! This is your first act... — read more
I want to “make sure”
For senior and mid level managers this should have been undertaken by a neutral third party. Like a blind taste test. They should call every single manager and evaluate if they add value to this company vs. just attending meetings, hearing themselves... — read more
The Economist: Snowflake and data warehousing
An article about Snowflake's IPO and the data warehousing business in general in The Economist this week. Not a single mention of Teradata ! Telling ? https://www.economist.com/business/2020/09/15/how-snowflake-raised-3bn-in-a-record-software-ipo — read more
Where is Brobst in all this?
Is he still a guru or just a has-been? As CTO (although not an actual employee) isn't he supposed to lead the technology? Remember how much he gets paid as you're heading out to the unemployment office.
Vol
OK, don't worry and be happy - here it is, 4 weeks of pay, 18 months of COBRA, and faster vesting if you are in the priviledged pool of folks with stock options. Overall, not bad, really... If you are in non management positions this will be hard... — read more
How does it fell to see a company with less than 1/3 of the revenue....
Worth 8 times what TDC is. Go snowflake.
How did we end up here? I think I know and have a solution...
There once was a time, not that long ago, when Teradata was revered. We were THE giant in the industry. Yes, we were considered to be expensive, but that didn’t stop literally every major retailer, airline, manufacturer, TELCO and bank for seeking... — read more