Another reorg is coming to the TD back-office in Q1. Good luck everybody
Topics regarding layoffs at Teradata Corp.
Rumors are afloat that there is not going to be any cash bonus and minimal raises. They will give paltry stocks which will be meaningless as the stock loses value and vests over time. Jump ship now!!!
Seriously, why even bother and try to do better when being mediocre is not just accepted but encouraged?
2019 is over. Will Teradata show improvement in Q4 2019 or will they bury that and look to 2020? CAN they actually improve with clueless management? When will the next set of layoffs start? I predict March 2020. I bet 2020 will see competitors... — read more
Stock was $30 in 2010, Went to $80 in 2012, then down to $25, then up to $50 and since then down to $25 again. So flat for 10 years when the market has 2x and peers 3-4x Revenues declining, CFO has no handle on the numbers. Super bullish a... — read more
Are we going to be on this coveted list on 2020? We have so many high integrity execs on the team including CEO, CFO, CMO, GC and Todd. We are in for sure!!!!!
One of the big mistakes made was eliminating consulting. Consulting pretty much paid for itself with customer billing and the remainder went to presale. These were industry experts that helped the business side of sales. UNTIL... Ms. Thomas decided... — read more
Please can you send me: Someone who can count Someone who can build stuff that actually works Someone who can promote the business Someone who can show everyone the path ahead and explain what it means Someone who likes talking to customers... — read more
I hear TD is saving a lot of money cause they can’t figure out how to pay the compensation on deals that are closed. The very minimal that are closed at best
I was laid off close to my 10 year mark. I liked working there, it was a great place. It was also however like a warm blanket for a long nap. Do not ever get complacent at work. You may think you are super well positioned and a high-value... — read more
Somehow I hope it will be taken private/will be acquired by private equity or another tech company, which can put in new leadership and offer a more long-term perspective for developing the business. The underlying technology is still quite good... — read more
There is a huge chance of lay-offs in feb 1st week or before DCT . Target groups are unity, appC,project management and database team mostly people would be let go with out warn notice that means the severance will be zero.please have the resume... — read more
This is a a horrible company in all directions. Employment, investment, management, and future prospects. Stay away, no matter which of these categories you fall under. It is a toxic environment and is only going to get worse. If you a a prospective... — read more
I feel a bit guilty, but Teradata management has brought all this on themselves. My advice to the actual workers (managers and below) is to get out soon.
Assuming Q1 ... Any genuine date targets known?
What was once a unique and highly respected business has become a commodity. A great product that still retains market leading benchmarks from all the analysts - commoditized by incompetent management messaging. Highly intelligent and capable... — read more
How much will VL make if he pulls off a private equity sale of TD and Cloudera as a package Rumour has it will be $100M personal fee. Surely no one can get $6B together and make VL day. AC got together $5b ($50 a share)just for teradata in mid... — read more
If there’s one attribute Martyn Etherington is counting on to realise his ambitious brand transformation plans at Teradata, it’s bravery. “As a CMO, you cannot have fear, you have to be fearless. You can’t blink otherwise the team senses that... — read more
Not sure anyone would want to be re-hired, but I've heard that RIF'd employees are not eligible for re-hire due to some lawsuit or legal action. Does anyone have any information about that?
How many more posts are there on this thread than any other company ? Does Teradata win yet another benchmark ? How many times have management tried to intervene and had their posts deleted ? M.e. keeps on knocking but he never gets in...probably... — read more
This post will either generate some hate or a debate. I have been with TD for a while. Not dinosaur while but a while. The last few years I have had decent productivity: brought in 2x-3x of my cost to the company ( measured by billable hours and... — read more
He knew OR is not going to cut it.. OR you got played.
Splunk revenue up 30%, stock up 7% today 11/22/2019. https://finance.yahoo.com/news/splunks-splk-q3-earnings-revenues-135701238.html TDC is a dead cat that can't bounce, kinda like a watermelon dropped in a grocery store.
Almost every MBA case study examines companies that have strayed from their core competencies. it is imperative for TDC to get back to what made the company; EDW, massive parallel processing, providing unlimited data queries. Now, we must been... — read more
The employees , sure as hell, didn’t create this mess, but they are, most definitely, going to pay the price. I really don’t buy the story that that the leadership isn't aware that layoffs are only a temporary fix that ultimately brings the company... — read more
Anything is better than this mess. I gladly volunteer to be paid to leave this sh—show.
Workforce Reduction Plan that expected to cost the company $20 million to $25 million, half earmarked for international... — read more
Teradata has lost its way for the last 3 years now. You need to forget about Branding or what ME, CT and the rest of the marketing VPs tells you. Or what the supposed Revenue Managers tell you Its all smoke and mirrors. Your mission is to get the... — read more
It wouldn't surprise me if the answer was yes, to be honest. Our leadership has long shown they lack any kind of a moral compass. Laying off a bunch of people just ahead of Christmas wouldn't even be a blip on the radar for them. Hopefully I'm wrong... — read more
If you can mentally block out the trauma from OR, there are a few items on the bright side. HQ employees will no longer have to shill for the company with pointless LinkedIn puffery that virtually no one sees and which have zero affect on the... — read more
Employee morale is at an all-time low. The results of the Employee Survey: Leadership needs improvement Lack of career development Lack of belonging The recent events show that management doesn't give a care about employees. In hindsight... — read more
This thread is for info about potential Teradata Layoffs 2020? Any news or rumors?
https://www.warrenbecklaw.com/Employment-Law-Overview/Severance-Packages.shtml Many others. Can get 15-21 months?
I heard majority of the App-C team has been laid off. Any idea on that?
What is the latest list of people laid off - counts/regions/depts please
The ones that have been there 10 to 15+ years typically have no other marketable skills. When TD collapses they will struggle. This entire group generally is fairly low calibre anyway (Especially in PS), which followed weak leadership. The result... — read more