I have been with Teradata for 14 years and I have to say that I have never seen a company fall so far from grace so fast. The simplistic problems I see are:
- Moving the headquarters from economy minded Miamisburg, OH to San Diego, California, the most expensive state in the US. Miamisburg enployeed 450 people, all supporting the infrastructure of the company. Accounts Payable, Accounts Receivable, Order Management, Procurement, HR, CRE and most importantly, a robust IT group. So now we've closed the building and it's been sitting empty since, with a lease that doesn't run out for what I've heard is several more years. But I guess it was more important to give Teradata the "Silicon Valley" look. And on top of it, a lot of those people from Miamisburg are now contracting for the company, virtually, still in Ohio.
- Next, I see an LT that is so obsessed with "core values", "diversity" and "inclusion", that they have to tell us that multiple times a month. When I was growing up, I was taught those things by my parents. Like "be respectful and nice to people all the time - all people". I want my LT to tell me what direction this company is going and how they plan to make it successful, all the while all employees see it like a house of cards, falling down. I don't need them to tell me about being kind - that's a parents job.
- While the LT is talking about the points above, tons of knowledge is walking out the door and not being replaced. The work is just being handed to someone else that has, for now, decided to stay. Burn out - they could care less.
- How many more VP's and above does one company need? We bring on another and another and another and pay them huge paychecks, all the while, we let knowledgable, lower level people that do all the work, leave and not be replaced. And then they ask the departments to give back budget money that the departments don't need when the departments are already working on a shoe string as it is. I guess that money is needed to pay for another one of "those VP's or above".
- And of course - then there's the "People Organization". I can't even go into how I feel about that name and the amount of money I'm sure was spent while the multiples of people sat around a table to come up with it.
- And lastly - we were asked to fill out a survey about "what we like about working for Teradata". Well, considering everyone I talk to is saying the same thing as above, I'm sure that was a short survey.
LT, let's get back to what made Teradata a successfull company to begin with. And a company that we were all proud and respectful of. What is happening now is a disgrace and only keeps getting worse. If you don't believe it, look at your stock price and maybe this site!