Topics regarding layoffs at Teradata Corp.

Topics regarding layoffs at Teradata Corp.

Early Retirement Company Wide Launched

Layoff Severance +4 extra weeks, 18mo of paid cobra, faster vesting for stock options. Must decide by Sept 30th...all eligible folks 55yrs old, with 10yrs, and in good standing have been notified. Restructuring decided by end of Sept at ELT... — read more 

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| 2640 views | | 3 replies (last September 18, 2020)
Post ID: @OP+16XveO9j

layoff started

Starting Monday, we will see few friends getting 30 min calls.

Get Rid of the NE Culture Queens

In HR and PM before their Equitable Marxists attitudes sink further a crumbled company... don't need another yammer channel or 3rd party org to "drive" bs

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| 2340 views | | 3 replies (last September 14, 2020)
Post ID: @OP+16Iaa509

Can we get rid of Dan now?

In 2019, Dan earned $2,996,242 in total compensation from Teradata. He leads the services business which has been a disaster for years. A skilled third grader would have a much more positive impact to TDC results. Oh and in 2018 he made 2.5M... — read more 

Sizeable layoff

Confirmed...it's coming sometime in September/October

GC

She looked the other way as Teradata exec team of which she is a member understated core earnings to make future and current results look better. Forbes article outlined this precisely in article about not buying Teradata turn around story from... — read more 

GENERAL COUNSEL LEAVING

Rumored that LN is retiring. Story is that SM directed her to develop the legal position to eliminate severance when RIF takes place. SM stated that Oracle and IBM lay off employees with no compensation and wants TDC to do the same. Story is that... — read more 

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| 3400 views | | 9 replies (last September 17, 2020)
Post ID: @OP+16pONPeP

More cost reductions on the way, announced...

New CEO Steve McMillan just announced a cost reduction "across the board" including layoffs to get costs in line. When does this contraction ever stop? This has been going on for 4 years? January 2019 huge layoffs k–led us, we lost 1/2 a year. ... — read more 

D&I issue in Product Management?

Heard a few rumors that new head of product management (HA) is not being very inclusive (to put it politely). Seems like there is strong correlation between ethnic background and who she has promoted and fired. Thoughts?

This would be funny if it wasn't sad

Teradata keeps laying off the best people who do so much for the company that when the time comes, they'll have to hire minimum two people to replace them (and even that might not be enough.) Am I the only one who thinks this business strategy is... — read more 

Q3 layoffs?

In this past the big layoffs were in August September. Any insight?

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| 2761 views | | 5 replies (last September 10, 2020)
Post ID: @OP+16eJj9K4

Teradata HR

I heard that in the past, Teradata pay isn't competitive and HR plays hardball. Are they still trying to lowball new candidates and lose talented people that may help the company from the death spiral or are they actually trying to be more... — read more 

Captains leaving a sinking ship ?

News came that DS, the leader of the EMEA region, is leaving TD 'to pursue opportunities beyond TD', after being with the company for over thirty years. It feels as if the TD ship is sinking. Another executive in EMEA, RR, has left the company as... — read more 

Confused

Recent town hall was filled with positive news and accolades as each executive talked about wins, winbacks, renewals and new logos. Is this even real or a big lie?

Tired of this place

Is there anybody left who actually enjoys working at Teradata? I'm just curious, because all of the people in my department are fed up and are looking for ways to leave (myself included.) I think as soon as more jobs become available once again... — read more 

Forbes - Teradata Executive Compensation Adds Risk

https://www.forbes.com/sites/greatspeculations/2020/02/18/dont-buy-teradatas-turnaround-story/ What Noise Traders Miss With TDC In general, markets aren’t good at identifying value destroying companies that waste shareholder capital. Instead... — read more 

Social Media Activity

Increased activity by all Teradata big guns on LinkedIn and beyond promoting free trails, fighting legacy perception etc. Is this the new normal or simply desperation at its essence? When will they release the numbers for Q2? Comments or... — read more 

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| 2063 views | | 5 replies (last July 10, 2020)
Post ID: @OP+15Rcym36

Nyquist, Harrington, Brobst

3 execs who are milking TDC with little return provided. Go look at the money year after year that they make versus the results delivered as leaders and in their specific functions. For example, Harrington leads services for a long time and services... — read more 

Ringler, Kepler, Schwarz are dinosaurs

They have milked the board slot for too long and need to be replaced with talented board members. They allowed Vic and then Oliver to be highly compensated and drive terrible results. Lots of other critical mistakes under their watch. They must... — read more 

Are we next?

With Europe being hit hard in the past two days, are we next? How worried should I be about today?

Layoffs today

Significant layoffs in Europe today. Up to 50% in some teams.

Betting on teradata

Noticed in Barrons 6/15/2020 page M5. Teradata is number 2 in the weekly most active options with 71553 calls and 2180 puts.

Teradata M&A speculation

Teradata (NYSE:TDC) shares gain 4.7% after Reorg M&A says the company could attract PE interest. https://seekingalpha.com/news/3581970-teradataplus-4_7-on-m-speculation?utm_source=markets.businessinsider.com&utm_medium=referral

Is something about to happen

https://seekingalpha.com/news/3581970-teradataplus-4_7-on-m-speculation Who could be eyeing TD, Oracle, Google are two I can think of. Google is behind and could really stir the pot.

Q2 Should Be Fun!

They are already blaming the virus and the effects hadn’t kicked in yet in Q1. Like they said in Jurassic Park, hang onto your butts in Q2.

Layoffs today

6 of my team members were ejected today. I spoke to all of them and to summarize... They each had a short call, and told me to beware of short 15 to 30 minute meeting invites that come in the inbox a day prior or the morning on the day of. They all... — read more 

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