One interesting comment from SB when asked what he liked the most in TD - he interestingly singled out the people and the sort of mid-western values. Given the wokeness taking over right from the top... and the other remark that he enjoys sitting in... — read more
Topics regarding layoffs at Teradata Corp.
I‘be got a feeling... not that I’m not busy (I’m actively engaged on 2 projects on top of my full time job), but suddenly found myself in the middle of flurry of activity generated by 3 VP’s (who I normally support), all coming this week and asking... — read more
There is still no confirmed information. Could it be possible that there is no layoff at all?
in SM's nearly first address to the company he just casually threw out "oh yea and we are going to be doing layoffs." Then it was nothing for weeks, and the next discussion was "oh we are offering early retirement", then zero freaking... — read more
This will all be over soon. October has seven work days left. Be healthy. Take care of yourself. I wish you the best luck in the world.
Someone in this forum claimed the layoff date was announced as next Monday. I haven’t heard any announcement like that, but maybe other regions have some sort of requirement for them to say? Can anyone else confirm that date or have different... — read more
Whilst the theory was great, it seems that the reality is not. Is ARR actually guaranteed to recur ? No. Did the company’s value go up - as expected and forecasted at multiples never seen before ? No. Did overall revenue go down, quarter on... — read more
So, with revenue exceeding August guidance and shares going up, does that mean we might see fewer layoffs in the near future? Or (more likely) will they proceed as previously determined? I'd just like to believe that this could make some... — read more
News this morning that Scott Brown has resigned. He was the only reason I decided to stick around
I notice a few TD jobs in software development posted online but they're in Mexico. I've seen some position in RB, but I think they're for QA/Testing. Back in late 2019 and early 2020, I know that TD opened a small office in Tijuana, and there were... — read more
Either the LT is extremely good at guarding information or they have absolutely no plan that could be leaked.
3 years in a row!
this is getting exciting! the all hands meeting is full of positive plans for the company! Forgo the ongoing RIFs/Retirement/Grudges/all negative topics.. let's focus forward... I know there will be a lot of 'trolls' here, so just wanted to let... — read more
Fire the entire top management in Teradata first. Once you have done that may be we can hire some good people who know what they are doing to help Teradata. I couldn't agree more! This leadership has proven to be completely incapable of running... — read more
Teradata has wasted opportunities, allowed incompetent management to remain for years, punished good workers who don't "blend in", and continued to hire incompetents in the ELT and Board. So, I guess they are reaping the "rewards" of years of... — read more
End of October? Whats wrong with SM? Three months of waiting is unacceptable
Someone should live stream this company meeting to do a watch party what a sh– show.
In order to get some clarity if we can post here the department or team when some one is unfortunately layedoff it will help calm some nerves.
As an ex- Employee who was cut on some BS ground, I will all of Teradata guys well, especially the older employees.
I thought there'd be no cuts before the end of the week, what did I miss?
Congrats to all of my fellow colleagues who got cut today. I did as well (US based) and I am so happy. TD is never coming back. It isn't about the tech, it is about what customers are buying. If they thought TD was a better solution than other... — read more
So, it’s Monday morning in India now. Any unexpected meeting invites going around so far?
3 years in a row makes it an annual event. Downward spiral.
Teradata was a great product and it is now ruined by mismanagement. As a laid off employee, I pledge to actively recommend the decommissioning of Teradata systems at my next and all subsequent places of work and to actively convince my professional... — read more
I wasnt a manager, but a hell of a designer/architect/delivery guy. Did almost all the tech presales single-handedly, brought in projects and enhancements for various customers, problem was THEY thought i got paid too much (~$150k), had me train half... — read more
To my mind as we gain more efficiency and decrease the costs, while keeping the customer subscription flows only slightly touched, the bonus pool may get bigger? What do you think? Good times ahead for those who keep cool?
This place is a wreck and we all know it. It's a close to assurance that you will be laid off in any event once in the course of your life. Knowing this, what actions are you taking to plan for the day when you're notified that your position has been... — read more
I spent the whole month trying not to worry about layoffs while focusing on projects, and it didn't work. I worried. And then worried some more. There's little we can do but worry when we know it’s coming, but we just don’t know the exact dates... — read more
Its bye-bye? I need someone to confirm this rumour that I'm hearing from friends and colleagues? HR and my boss dont say anything. Some people who have taken retirement but I know people in the Nordics for example who are late 50's still staying on... — read more
So Snowflake IPO'd a few weeks ago. How are they faring at the moment: Current valuation: Snowflake: $250 bucks a pop and ~$70 Billion market cap Teradata: $23.2/share and $2.5 Billion and change mark. cap Is Teradata: A) Going to make it -... — read more
the pogram manager group needs to add value &stop randomization, micromanagement and last minute requests to justify their middle-man duty. I suggest project management 101 training to be mandatory for the PGM group Clarification note: program... — read more
Maybe this year the customers will out number TD employees. Well if there are any customers willing to travel to SD. Doubt any international customers will make it. I am sure it will be a great success as always.
Do we know when is layoffs day? I'm sure our lovely and thoughtful CEO wouldn't drag it throughout the end of October. Would he?
The restructuring would be more credible if it also included a growth plan, i.e., cutting costs so that the company is in a stronger position to generate revenue as it had in its glory days. Without this, layoffs will continue to mitigate the impact... — read more
However many people accept to leave voluntarily, you can expect regular layoffs to follow. Expecting anything else is intentionally choosing to live in denial. Teradata needs to cut costs drastically. The easiest way to do that is through layoffs... — read more
Terror. Verb. To ceate and maintain a state of extreme fear and distress in (someone); fill with terror. This is what you have created by announcing to the world you will be taking our jobs. Yet, it is taking you months! This is your first act... — read more
For senior and mid level managers this should have been undertaken by a neutral third party. Like a blind taste test. They should call every single manager and evaluate if they add value to this company vs. just attending meetings, hearing themselves... — read more
An article about Snowflake's IPO and the data warehousing business in general in The Economist this week. Not a single mention of Teradata ! Telling ? https://www.economist.com/business/2020/09/15/how-snowflake-raised-3bn-in-a-record-software-ipo