Topics regarding layoffs at Teradata Corp.

Topics regarding layoffs at Teradata Corp.

More than a leadership problem

The problem today is that the only voices heard when making critical Product Engineering decisions are those that are tenured and have been around longest -- but these are not necessarily the voices that know how products SHOULD be built in the... — read more 

Humility is dead - it's all about "me" I guess

I recently came across a public retirement post from a Teradata leader. As someone impacted by one of the many workforce reductions over the past several years, I found the tone difficult to reconcile with the experience of so many dedicated... — read more 

What exactly are the roles of a CSM and a CXM ?

In our region, we have one CSM and one CXM. In theory, their responsibility should be to drive customer expansion and manage renewals. However, in practice, their weekly activities mainly consist of casual conversations with clients—grabbing coffee... — read more 

Additional document past severance

If you were affected in one of many WFR at TD, did you receive follow-up email or additional document to sign, days after the separation email from HR?

Broken and beyond repair

Not sure when it started but it's a sad reflection on what it was.  Used to have Account Execs who could operate at C Level and actually visited the client in both good and bad times.  These days major clients openly state they are moving from TD yet... — read more 

OMG this place, cut cut cut every two months

This place is possibly the worst place in the world to work. Great people being cut every 2 months. All good people want is to work hard and have decent job security in this time but the ELT just keep cutting, the place is falling apart with no more... — read more 

Tariffs

What effect, if any, will tariffs have on TD sales?

An activist at last, or beginning of the PE takeover ?

https://www.gurufocus.com/news/2747396/lynrock-lake-lps-strategic-acquisition-of-teradata-corp-shares https://markets.businessinsider.com/news/stocks/lynrock-lake-converts-9-9-teradata-stake-to-activist-reports-talks-with-ceo-1034508721

Why do you stay at TD?

I don't have a choice right now, but what about the rest of you? What's keeping you here?

I feel like I’m slowly drowning at TD

And I see no way out. There are no job opportunities. I’ve lost count of how many resumes I’ve sent. I’ve reached out to everyone I know and exhausted my networks. When will this nightmare of a job market turn around? I’m just an average worker, not... — read more 

Layoff selection

Who is responsible for choosing who is laid off? We've had some very weird choices in the last few layoffs, so I'd like to know who makes the final decision. I know most of it is decided higher up, but do our managers get any say in who is selected... — read more 

How is anything getting done?

After so many reorganizations and layoffs, we've become the most unorganized company I've ever worked at. I'm pretty sure we're at the point where the left hand has no clue what the right hand is doing. Trying to get anything done outside your own... — read more 

Private Equity Discussions

The only viable strategy is to sell to a PE firm to take TDC private and they will milk the cash flow from support revenue. They will sell off most assets while phasing out new R & D. SM is already discussing this with the board. He will get a huge... — read more 

Winner's Circle ?!?!

Teradata annually holds a 'Winners Circle' celebration to recognize top performers, but this year, we didn’t bring in any new customers. Despite that, they’re still hosting a big event in Rome, Italy. Who exactly are they celebrating, and what’s the... — read more 

Stock Decline - $23 / Acquistion Rumors?

What really happened after the earnings call this past month that caused the stock to drop down into the low twenties? Someone explain how missing the goals by a small margin resulted in such a decline. And why hasn’t Teradata been acquired by... — read more 

65+ separation - possible class action

If you are a former Teradata employee age 65+ who was not aware of the requirement for Medicare with COBRA due to Teradata improperly burying this information, please respond to this thread. We are gauging the interest for a possible class action.

Bonus

Have you received your bonus yet? If you were laid off recently, your separation letter mentioned getting bonus this year. Any indication when this would happen?

Why is there a Marketing Department?

What are we marketing? Based on revenue, what have we been marketing for the last few years? How much could we save by putting that budget to work where it might help? I’ve been watching great sales people, consultants, engineers and developers... — read more 

Optimus Prime clusterfu-k

You may think that some of the ELT decisions are questionable, but those have strong competition from the company wide clusterfu-k that is Optimus Prime. Surely heads must roll?

Forbes might want to revisit this…

About Steve McMillan Steve McMillan is President and Chief Executive Officer of Teradata and joined our board in June 2020. With more than two decades of technology experience, Steve is a seasoned executive with a track record of transforming... — read more 

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All Hands Call

… listening to SM … I am horrified. Cannot believe that this guy is still doing the same old sh-t which did not work out during the last 3 years. Telling us about how difficult his job is (not mentioned his salary) and how great his DEI direct... — read more 

McMillan is a clueless wonder

Reading the transcript, one has to wonder how he can spread this manure with a straight face. And when will the analysts ask an actual relevant question?

ChatGPT's summary of the Earnings call

I posted SM's earnings call statement and asked ChatGPT for a summary. Its spot on. Enjoy. "Hey everyone, thanks for being here. We made a lot of money last year, but not as much as we'd hoped, so we’re making big moves to try and fix that. AI is... — read more 

No one to blame but the board for not firing this bloke

It’s unbelievable how their only tool is cost-cutting, yet they haven’t let go of the one person who snowballed them through the interview process and over the years, ultimately getting us to this point. He should be ashamed of himself, apologize for... — read more 

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