This is a master thread about Teradata Layoffs in 2019?
6 replies (most recent on top)
Teradata is no different than any legacy software company. It isn’t someone’s fault - they live qtr to qtr without regard to the innovation surrounding them. New co’s have a distinct advantage! Old co’s trying to become New co’s are rarely successful. TDC is great tech but, they have poor leadership - not a problem and not uncommon. Wish them well and all those impacted
Recent layoffs the week of 1/7/2019 were about 25% of the workforce. sales, PS, IC's senior execs, like Eric Tom (CRO), VP's, PS directors which was the new thing for 2018 - howd that work out.
No external announcements like the last 6 or 8 layoffs, but this one was clearly the largest.
Wall street is informed and the stock is up.
No need for new accounts in 2019. it will be interesting to see 2019 sales when sales don't matter.
4q18 sales may be o.k., but many people cut in 2019 met their 2018 sales targets!!!
Customers should be concerned and not invest in dead technology with little if any support.
Place is FUBAR.
20 more listed to be taken off this month in EMEA.
Just got laid off from Teradata PAKISTAN. The entire Denabd Creation Structure has been removed from the organisations blueprint.
"Normal Consultants" were let go in Germany about six weeks ago. It's my understanding there will be more cuts in Germany throughout 2019. This remains to materialize though.
The layoff is hidden but happening now. 100 Positions cancelled in the career site. No replace of talent people leaving. Yesterday in Q3 results ..............Consulting Rev -5%.