Thread regarding Cloudera layoffs

why is it up?

I went to sell some stock today from my roth ira and it is up a lot. Is there something I don't know? maybe I'll wait

| 1049 views | | 1 reply (March 13, 2021)
Post ID: @OP+18xwKpYP

1 reply

Rumors of a buyout or acquisition are floating around again.

The numbers were not bad, but, the guidance going forward is horrific (but not surprising).

Cloudera (and legacy Hortonworks) have neither been profitable or "high growth".

I've been brought into 3 different CDP (public cloud) discussions and 1 week into the evaluation, problems on prem look just as bad in the cloud. So... no deal.

Customers always ask, "how do I eventually move data and processing out of CDP"... which the useless sales team is not picking up on.

Post ID: @1jdye+18xwKpYP

Post a reply