Thread regarding Teradata Corp. layoffs

Private Equity Buyout/acquisition inevitable - Has to be coming soon

For those of you that have been at TD for a couple years, you've seen how quickly the company is collapsing. Declining revenue, stock price below IPO two decades ago, huge turnover in management, ZERO product innovation, consistent layoffs in high cost regions while backfilling in India. SM should be embarrassed. I am actually shocked the board is letting this slide, and how they haven't fired him.

That being said, this has to end soon. TD market cap is $2B (and shrinking). The company is scaling back heavily and at a certain point, no one will be able to do any of the work with all of the layoffs. There HAS to be a breaking point; the current path is unsustainable and has been for years. Private equity has to be circling, or some competitor will buy TD for pennies on the dollar. The board will not let the company entirely collapse or fold. My guess is end of year or early 2026 when stock price is ~$15...

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Post ID: @OP+1jxjz35zg

13 replies (most recent on top)

Wow! All these women were fired?
What was the issue with JW?

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Post ID: @19g+1jxjz35zg

The one they should fire is the CEO. He is worthless and that was envy from his first day. But no qualified CEO will touch this mess.

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Post ID: @194+1jxjz35zg

So who is going to buy Te---r-data? This is clearly not sustainable...

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Post ID: @119+1jxjz35zg

That is a listing of privately held companies, simple jack. Please remember to not go full ta-d

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Post ID: @ja+1jxjz35zg

“The move to AI has outsiders interested as well”

For goodness sake, you have got to listen to someone outside of TD. A link to the top 50 AI development companies is listed below.

https://www.forbes.com/lists/ai50/

Teradata did not make the list. This is a stale company with nothing to offer.

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Post ID: @dy+1jxjz35zg

Interesting… financial management is untouched… the last 5 years it has been the worst since the company went public. No wonder all ended up in finance function unable to produce trustworthy reports for at least 2-3 years.

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Post ID: @c8+1jxjz35zg

What would they be buying? Technology that was truly amazing 20 years ago? New technology that doesn't work? A customer base that has shrunk by 80% and is accelerating? A revenue stream from customers that can move to Snowflake in months?

I know, they would buy it just to have the rights to SM's contract so they could benefit from his wisdom and leadership. That must be it.

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Post ID: @ax+1jxjz35zg

@a1 probably haven't heard about this publicly because JW was in charge of the announcement

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Post ID: @aj+1jxjz35zg

@a1 guaranteed their parachute is worth magnitudes more than those let go this week who worked their a$$es off for years!

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Post ID: @ac+1jxjz35zg

@a9 Teradata still has some class leading technology, even if it’s sadly hiding behind some outdated UI. and the re-focus on enterprise was the right move. Stick with what you know and do it well. The move into AI has outsiders more interested as well. I don’t disagree that the current slimmed down company might be of interest to some investors.

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Post ID: @ab+1jxjz35zg

TD has nothing of value. Their intellectual value is nothing. Mature products are antiques. They have no valuable real estate holdings.

Private Equity is not interested.

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Post ID: @a9+1jxjz35zg

Good riddance to JW but ultimately disappointed it took this long. When are they firing the rest of them?

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Post ID: @a8+1jxjz35zg

Teradata is parting ways with the following;
Kathy Cullen-Cote
Molly Treese
Jacqueline Woods (finally)
Erica Hausher

I wonder what the parachute looks like.

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Post ID: @a1+1jxjz35zg

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