Your executive team's strategy is to cut and layoff and to buy back shares. this is a death spiral. where's the promised growth from this seasoned CEO that was hired?
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BOD is the root of the problem. Poor CEO selection time and time again. Id--ts are id--ts even when asleep.
Jim - the boots on the ground talk to customers regularly and know what they need. The problem is an ELT that constantly pulls the plug on customer need solving projects before they are fully baked in order to pursue the next shiny object.
Wake up OP. The BOD is in on the scam.
The Layoffs will continue until Teradata discovers their customer’s needs. Today we chase whatever trend is driving the news cycle. We are not chasing the customer’s needs. We are no their trusted partner/friend. We have no Sales/Marketing team embedded with customers or prospects. No one working with a customer/prospect developing and presenting a suite of solutions tailored to their needs.
Service farmed out to a third party. No tips or issues gleamed from what usually is a frontline relationship.
I said this when the decision was made to move to the cloud, “Teradata’s days are numbered”. Until then annual Layoffs will be the only way to satisfy Wall Street. There was a time the goal was to satisfy the customer but those days are long gone.