Thread regarding Teradata Corp. layoffs

Facade - story of a company driven by fake smiles and arrogance of wannabes (ref Jan 2019 DCT)

In February 2019, I got fired alongwith dozens of other PS delivery consultants including CIM/RTIM resources in EMEA. No prior notice or even an inkling of upcoming events - those all-hands calls ensuring everything is alright, all the transformation activities are complete, no need to look over the shoulder and suddenly - BAAMMMM! They f*** you in the eyeballs.

Transformation = a new logo and loads of lay-offs of experienced people.

Hire new "graduate consultants" - 3 for the price of 1.

Realize made a mistake by firing important people, because who does homework these days, right? No probs - hire them back.

The spring-cleaning is a show to drive the stock price on the "Street".

I dont know about you, but I regularly listen into the Teradata earnings calls. All the board and the C-suite cares about is the payout they will get from the shares they're owed.

"How" they get it: its by arrogance, mixed with a dollop of ego with a pinch of rash and untimely decisions. The company is definitely headed towards a take-over/buyout.

Absolutely zero concern for customer relationships let alone the dedicated, loyal employees who've put their blood, sweat, tears and a good number of their years into taking the company to where it is right now. For the sake of the good people still left in the organization, I say get out before they rip apart your innards for desert.

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Post ID: @OP+XZ1OeyO

3 replies (most recent on top)

I was in the same team in eastern Europe as you friend. We became redundant in February.

Post ID: @1rkw+XZ1OeyO

Very well put. They did pretty much the same thing in Canada a couple of years ago. It is quite astonishing to see that the management and HR functions are ripping off people across the globe in the exact same way. It's a realization that such culture, actions and decisions resulting in a way can be attributed to the very top echelons who really run the business like their own personal fiefdom.

Post ID: @1xaz+XZ1OeyO

The most false smile are the talent team and the old managers stay in the company waiting to realize money when spin off will happen with stock options

Post ID: @1uhe+XZ1OeyO

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