Are any of you having Xmas parties? I don't think they are so much parties anymore, but rather a wake as we mourn those who were removed from their roles over the past 12 months. Ours was a very sad event with the sales director degrading everyone... — read more
TDC share price is $43.25, down more than 6% on over twice daily volume. NC and SB sold shares? or other ELT cashing out? Institutional investors catching on to the charade? It is about time. Even at the lower price, it is still at a 70+ PE... — read more
Which grifter ELT should follow NC and SB out the door next? Each one have caused so much damage to the morale, culture, productivity, innovation, layoffs, and resource drain of this place. We'll take anyone of them next but just go sooner than... — read more
Announced this morning.
No longer "our people are our greatest strength", McK is preaching middle management as the key asset of a company. They believe with generative AI, bulk of workers are expendable. Check out the links below. Teradud have been laying off mainly... — read more
Probably the best case study on a one time industry leader being blindsided by an innovative startup. Hard to believe after 45 years in a hot market TDC can’t break $$2B when Snowflake blew past it. This is what happens with mediocre, visionless... — read more
At Ignite, Teradata announced new on-demand serverless analytics for Microsoft Fabric: Teradata AI Unlimited (https://www.teradata.com/Press-Releases/2023/Teradata-AI-Unlimited-for-Microsoft-Fabric) Whatever happened to QueryGrid? And how does... — read more
Look into the video starting time 28:40 https://www.youtube.com/watch?v=GjcLWupY0jk
Many foresaw the charade that the current management is putting on. They predicted the demise of this place, no strategy or product, no new customers or growth in revenue, and continuous layoffs. All reality. The real blessing is exposing the self... — read more
I was laid off from TD on 11/1 after 2 years and I see all the blame about the poor leadership. IMHO the culture of TD,mostly from the long-timers is part of the blame for the downfall. I've never seen a more self-satisfied group waiting for... — read more
Cut and paste into your browser: https://www.youtube.com/watch?si=tktUNwtIutt6Kdqy&v=AiOUojVd6xQ&feature=youtu.be. 25:30 in the video sums up McK's strategy for TDC. I can even imagine NC in one of these McK training videos. SM, NC, KCC, can we... — read more
The word is there will be some more in January, although not as numerous. If this is true.... this really becomes wtf???
Only failing to understand that nothing they say will give confidence in their leadership and competence while they continue with layoffs every six months... and the argument that the market is changing is laughable when layoffs are not only in... — read more
Sums the company, the level of interest and the poor marketing up really well ;) https://x.com/Teradata/status/1724718891597734017?s=20
Several of my team members were riffed on Halloween, our future is uncertain and the mood here is one of dread. I would think this is what death row would be like hoping that when the executioner comes in he picks you so that you can leave this... — read more
Seems like a lot of long time employees were targeted, which would likely imply an age focused RIF. Just wondering what the % of those let go were 55 and older.
In 1988 the United States passed a federal labor law "Worker Adjustment and Retraining Notification Act (WARN) that requires employers with 100 or more employees to provide notification to employees 60 calendar days in advance of a mass... — read more
As of 11/6
Does anyone know how many people were laid off on 10/31?
I was laid off 11/1 in the US and HR said the paperwork would be sent in a few days but my termination date is 11/10. Still nothing in my inbox about a Docusign
RIF to enable investment in AI. TD hiring talented AI and ML engineers ? Let’s be serious ! Who would be an AI master and prefer TD to competition ? Only desperate AI losers would pay attention to (inexistant) TD AI job offers. AI party is... — read more
PERSONAL AND CONFIDENTIAL November 8, 2021 Jacqueline Woods Dear Jacqueline, I am very pleased to extend you this offer of employment with Teradata Corporation and its affiliates (“Teradata” or the “Company”) as Chief Marketing Officer, based in... — read more
2K employees being RiF’d ? Lot of emotion we all understand, but few precise numbers to analyse. Across Geos and Orgs, it’s time to come with numbers to rate the amplitude of the horrible and unprecedented massacre that has taken place.? We heared... — read more
How many times have we seen the ELT over the past 2 years drone on and on about DEI? Now compare that to how many times they've actually commented on business challenges and how they are going to fix it? Yep, you got it right. DEI conversations... — read more
It started in 2015 with the misguided transformation, worsen in 2017-2018 with departures of a whole generation of future engineers and leaders groomed to take over, and pass the point of no return in 2021 with RIF of experience and knowledgeable... — read more
Teradata : from leading proudly the analytics database race to struggling painfully to catch up. The bell has rung; one more lap to go and race is over. Game’s over…unless a divine miracle. Who knows ? SMc raising the dead, HA walking on the sea... — read more
For the past 4 years, this ELT bunch has made so many bonehead moves and layoffs that continuously destroy this company. It is clear now that they were hired to dismantle the company by laying off people over time to not attract attention of age... — read more
Why would you want to be a part of this subpar team? From the top to the bottom, not who's who but who wanna be who. They failed at previous companies and are 1st timers in their current role, learning on the job. They are not fit for the real job... — read more
That seems a bit high, but with TD you never know.
I wander what folks will say on this forum, it's anon after all. There is so much praise on Glassdoor and the Board seems not to care. What's your evaluation?
There was a post yesterday from ELT supporter, if not NC or HR, trying to rebut posts on this board. It's been deleted. So it seems like they got admonished again for chiming in or their responses were too revealing and might be a legal liability... — read more
Confirms worldwide lay-offs in email to all staff. He couldn't explain why employees with more knowledge in the industry with more expertise than his ELT team were let go. This is a CEO managing a once great company into oblivion. His inexperience... — read more
Wow. Interesting article on how Abn Amro decommissioned Teradata…and why. This should scare any TD employee... — read more
Literally, when was the last time you heard of a business do yearly layoffs for 4+ years. Then in the last year do 3+ rounds of layoffs? ELT is trying to cut expenses to make Teradata appealing to Buyers/VCs. It's time for current employees to face... — read more
Ask yourself if TDC would be on your list of the Top 25 companies in tech you want to work for? Now you get to escape from this dying, woke, laggard and move on with your career. You may be sad or worried but you’ve been trapped and now you are set... — read more
Although clowns probably would do a better job than ELT
I joined the RIF also, out of the blue. Hearing that they need to reduce 2k staff globally from 7k total. If that is correct, then you aren't getting due settlement in my opinion.
Only at TerribleData that this can happen. Constant failure by management and workers get the shaft. They will complete the week, congratulating themselves for a job well done is dispensing so many.
I got cut this morning. People say there's an HR backlog and many more are still pending.
If you can read, thank a teacher. If you enjoy your freedom, thank a vet. If you've been laid off from Terribledata, thank your lucky stars. You've been asking for divine guidance and now you know how much Terribledata value you. It's su-k what... — read more