Thread regarding Teradata Corp. layoffs

More info on layoffs

Rumor is 45 people on this round the last week of September 2018. 25 years or 1 year = 12 weeks severance. No pay for unused vacation since the vac accrual went away.

Sales must be booming for this the third major layoff and lots of stealth terminations.

When will it be time to see some management depart? Or maybe it is time for them to make another acquisition like 'I Thought Big' or 'Aprimo'. Funny how all the acquisitions went back and forth between using their name then Teradata's name and then back... Think Big came and went so many times, the business card industry should have been on fire unlike TDC sales.

Bumped from @Vlo72Gx-5rys for info.

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Post ID: @OP+Vtlcqhs

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I really feel for you. This is just not the right way to treat someone who's given so much of their time to the company. Would it hurt them so much to give you at least a week severance for every year of service? So the lesson is you give your life to a company and they throw you out like garbage. I'm ashamed of them. Best of luck to you. There are those of us out there who DO care.

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Post ID: @rask+Vtlcqhs

Try being there over 35 years and in a two minute conversation you’re out the door with 12 weeks severance. Honestly glad to be gone. Company is in ruins.

True about CEO calling Daytonians hillbillies. He even had bodyguards with him.

A BUNCH OF LIARS. SELL YOUR STOCK BEFORE IT IS WORTHLESS.

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Post ID: @rwtb+Vtlcqhs

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