As a former Teradata employee, I try to stay in touch with as many of my old colleagues as possible. Of the 10-12 people I stay in touch with over there (was 50+ one year ago), most expect to get laid off in the next round. Moral appears to be at an all time low and every single one of them is looking for jobs outside of Teradata. Some are biding their time hoping for a good severance package offer before leaving. It truly was a great place to work a few years back. Sad how the company has been run into the ground by previous and current C-suite.
High priced employees are being jettisoned regardless of their expertise. Even high performing sales people let go in the last round of layoffs. The Southeast was decimated. With the latest run up in stock price despite declining revenues, it's clear that Wall Street expects the company to be acquired relatively soon. I guess I'll hold on to the few shares of TDC I have left.