As the company shifts its consulting focus to provide higher margin / higher value consulting services to its target market of “megadata” customers, 2019 consulting revenue is expected to decline approximately 15 percent to 20 percent versus 2018... read more
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Topics regarding layoffs at Teradata Corp.
Growth is necessary. If no growth, no talent. If there is growth, opportunities open up, new departments, more headcount, more maneuvering space, new projects, new product, careers flourish. If there is no growth, all land and property is taken... read more
Upvote this post if you'd stick with Teradata no matter what... Downvote this post if you'd jet if the right opportunity presents itself.
Successful technology companies grow revenue. Today there is very little focus on winning new logos versus prior management team who drove stock to $80. In addition, there will be significant revenue leakage from accounts below top 500 who will be... read more
TD is doomed because the CEO vision was excellent 20 Years ago. Trasformation require intelligence people not only a famous consulting firm. The best TD R&D is gone ... only the traveler Steve repeat story that are good for students not for CIO.
Any layoffs planned for GDCs..PAK, Prague and India..any insights.Who will be affected ? On bench folks or just higher salary people will let go.
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... read more
Is this the first step for SAP and teradata to a unified transformation front to go in together in a huge M&A transaction that will disrupt the industry. Consulting needs to go first then it’s all business.
The result of this lay-off if that office are now oversized. In Germany I believe that some locations will be closed and in Prague all will move in one floor . People will end in Feb but are already gone. How is the situation in other place?
I look at the hirings of young employees as a part of a bigger plan to make the company look more attractive if it becomes the object of acquisition. I think they are going to demand from the older long-time employees to train the new ones and once... read more
Nobody is safe here anymore. Literally nobody (well, except for those on top, of course.) No matter your experience, no matter your knowledge - you can be replaced (or at least Teradata thinks so.) Anybody who has been here for a few years knows by... read more
The hirings at TD are made to create an atmosphere on competition between the newcomers and the long-time employes and my take on the situation is that after a while layoffs will be coming and the “older workers” are much closer to being cut... read more
Even if TD gets acquired, they will still need HQ buildings. Any acquiring company wouldn't shut down, or even move the necessary development/support functions. Services business would have to be sold first, or at the same time. Tech companies are... read more
If the results are bad - and let's be realistic, chances are they will be - then I wouldn't be surprised if major layoffs are immediately announced as a damage control measure. And I mean major, nothing small or even medium would be able to properly... read more
Seems pretty clear they are cutting payroll expenses to make the company more attractive for an acquisition. Highest paid, most successful folks go first - biggest impact on payroll. Then sell the services business to Cognizant. Then sell the... read more
I remember when OR was teaching LDM. I was never bet that Good modeler cold be a good CEO. TD is very innovative company, selecting a CEO with Tech skill and investing in SQL as innovative language to run AI. Vantage or Vintage ????
I imagine that Teradata is the only company in the world that doesn’t take pride, much less reward the employees that perform the best work, but rather considers the top performers a liability. I don’t know if the management is threatened by their... read more
There have been other threads regarding the layoffs that state the same kinds of things. Hard to view the positive spin the company is putting on in social media, when anyone that was part of the companies success is no longer there. I suppose that... read more
There has been a huge change in company culture in the past decade or so. This used to be a place where people enjoyed working. At least I did. But that has changed so much, this place is now nearly unrecognizable. Morale is horrible, nearly all... read more
Just got layed off from SPAIN and TDC stock is hitting 43 USD. Teradata managament has ruined the whole concept on analytics. According to them "Stop investing in employees, Fire Them"
Teradata Spain : 6 Sales manager has been lay-off. TD is replacing Sales with distributors in Several Country. Distributor are able to better sell old DB technology?
Layoffs happen. I get that. But to be handled by the worlds most incompetent HR team, terrible comms, ignoring requests, no follow ups, being stiffed on severance (ie virtually nothing) and being told "see you in court if you don't like it - so sue... read more
So this sale if TD is looking mite like it could happen. Come to find out that the CFO of TD Mark C is on the board of directors for calliduscliud which was bought by SAP several years ago. He was only out here at TD to do one thins and one thing... read more
No dirt on the hands of OR as he takes over as if nothing has happened except a good ole "transformation". good luck as he leads this place into a black hole.
This company is really a Cartoon: OR is now the new CEO 👨💼 The disaster plan move on Next step is the spin off GAme Over Next lay-off will be - 2000
What does this week look like? Can we relax or no?
Does anyone notice that the new TD logo looks a lot like Deloitte logo. What a scam, new branding my a-- it’s just using existing brands that have similar feel. No wonder what they fired half the marketing team. Probably outsourced that brand... read more
Why does LT have a fake game face on with smiles and cheers as if its all good, INSTEAD it is time to throw a Hail Mary. As an employee, I feel like sh*t. I saw my superstar colleagues get walked out of their jobs. I am in sales at a major account... read more
I see that people are mentioning that layoffs have occurred at some locations but nobody is giving any concrete info. Have there been layoffs this week, has anybody that visits this board been affected and if yes, at what locations?
Funny how we all received holiday emails from Vic, Oliver, and Eric on how great we all did in 2018 & keep up the good work for 2019...little did we know that disengenuine RB LT team knew exactly what they were going to do to all 800+ of us back in... read more
Q3 in London, LT signed NDAs and were given a preview of the RIFs. In late Q3 and Q4 Field Hiring was executed in order to fill in with younger and less experienced people and new hires were given elevated grades. This way when the rifs happened... read more
Does anyone have any good insight into whether this action might be grounds for a class action lawsuit? It sure seems most of the layoffs were of 55+ individuals. IBM is going though a lawsuit now. Does any have any details?
My manager told me that more layoff coming in Q1 2019. We don't have projects since nobody cares with our f*g expensive technology. It's time to learn for old Teradata geeks who thought Teradata is god father. A--. Word has transformed enough to... read more
I heard layoffs could continue today. Is this true? Anything happening so far?
5 very senior people got fired from PAKISTAN
Do we know anything about what kind of severance was offered? I've heard some people say that it was lower than in the previous rounds of layoffs, but I can't seem to be able to find a confirmation or a denial of that. It would be really low of... read more
heard rumblings about this.. anyone have more context as to what exactly was said? (article, audio clip or anything)
Will intellicloud be the savior of Teradata?? What is the future of Teradata's subscription based strategy.. What impact does this have on CS and Engineering teams supporting both Cloud and on-prem solutions??
What's going on with layoffs today? Has there been more or was yesterday it? Is 280 the final number? Any info would be appreciated.