Q2 results will key to plan Summer RIF. Did you reach your target in your country? US ? UK ? AU ? Are you forecasting Good results? — read more
Topics regarding layoffs at Teradata Corp.
Nice Job Mark, Oliver, and Vic Let's include the Board of Directors for their outstanding performance as well. Mark and Oliver sounded like junior executives on the quarterly earnings call. Mark and Oliver should lose their jobs as they have zero... — read more
Director James M. Ringler sold 10,710 shares of the firm’s stock in a transaction dated Tuesday, February 19th. The stock was sold at an average price of $46.34, for a total transaction of $496,301.40. Following the completion of the sale, the... — read more
It appears as though TD is not concerned about partying their last 40 years away then trying to sell sh-- so they last another 40 years...... get out while you can
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
Do you believe leadership will not be able to determine individual responses?
So another VP quit this week, why are all the VP's that have been here less than three years quitting?
Anyone else notice that OR's glass door rating doubled in the last two days. Clearly marketing is filing all of it's reviews. How about we return the favor.
2 months package and RIF has started
I’m from HR and is amazing how many employee are living in addition to people fired. I believe an AVG of 40 and office are empty
Yes, and the reason for the constant doom and gloom is because of rolling layoffs -- meaning they never really end. There might be 15 laid off here and 25 laid off there virtually anywhere at any time. This. Layoffs are taking place at Teradata every... — read more
Hearing about a bunch of people in Americas Professional Services that were laid of today. Those that i know of were in the CIM/RTIM group. Not sure about others. Anyone else hear?
FYI - after receiving several bills for COBRA even though I never registered, I emailed HR and was told because they screwed up last year's layoffs, everyone that was fired in Jan was automatically enrolled in COBRA and that if I don't want it, don't... — read more
Ever since Eric Tom was appointed the C-suite has collected people with simply the wrong set of values. They do not care about the customers and they do not care about the people. They're only about cutting cost and increasing prices: gee, if it's... — read more
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
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. — read more
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
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. — 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. — read more
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.
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
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? — read more
Does anyone have info on potential reorg and layoffs that might be happening later in Q3 2015 at Teradata? I heard conflicting stories, some of my friends still work there, I left in 2011 but still keep track of what's happening with this once great... — read more
Lots of layoffs here at Teradata in September 2015 - things will continue to go south for sure. Was canned a couple of days ago. Big reduction plan in the works. This company is imploding. They have a huge revenue problem. I would get out while you... — read more
My friend's manager is nearly 60's . Old guy is useless. My friend is laid off as a part of Reduction in Force (also known as RIF). Her manager refused to provide any recommendation for her , as she is laid off . what kind of rule / ethics . High... — read more
V.P. in engineering got the axe. Will probably reduce the hardware group down to zero since they want to go cloud base and services. I know people who ask to be part of the next RIF after the last one and they were refused. Probably means they... — read more
September layoffs like August, under the number that requires reporting to SEC. Package offer is 1 week severance per year, subsidized COBRA, but I heard that some people negotiated the package. Don't know how much success they had.
Rumors of RIF is still going around. I fear that I am next to be canned. I am exploring other job opportunities but these things take time. I hope I can jump ship with a life raft before I am push over with one. Sad to see this company go down.
How likely is this?
Hermann got let go today. After Rocky this is the next big one. Koehler has stepped in but his days are numbered too.
This is hopefully not just a rant but a reasoned view. I have been in and out of Teradata for almost 15 years finally leaving some time back. This is what i see is wrong , in no particular order. You can't tell someone they're doing it wrong if what... — read more
Good luck to everyone!!!
Conference room 1A has HR in it all day, and they have already called a few people down to give them notice.
Trigger pull was delayed by Bob Fair so he could assess the impact given his new COO title/responsibilities. Too bad Hermann was let go. He had the aggressive strategy to turn things around. I guess too aggressive for the "NCR culture" Board of... — read more
Seriously....if anyone of any importance happens to click through to this site (no offense to the rest of us rank and file that have been lighting up this forum), why in the world would you wait until Q2 to sell the remainder of Teradata (assuming... — read more
RIFs started yesterday in Dayton, not just for admin people. I'm in Finance and was given a termination date in January 2016
This is a repost, it was on one of the theads, listed as a reply: Here is a theory on selling TD. The CEO to be has left, perhaps he didn't want to sell the business, perhaps he was too aggressive, we will probably never know and is replaced by an... — read more
Aside from exec salaries these guys are our biggest expense/burden. They run expense accounts. Why do they need to travel from coast to coast for a short 1 hour meeting that has no outcome. Reviewing GL and working on year end activities... — read more
Has anyone heard of any solid intel on potential buyers? No general speculation but legit talks...