There’s been a rumor going around for a while. June is just around the corner.
9 replies (most recent on top)
10th June.
According to a deleted post from yesterday, RIF is very likely to happen in early June.
They will tell you that it has nothing to do with performance. That teradata is changing course and your role did not quite restructure. You know as much as I do these poor performing managers are the reason, not you.
If you have lined up another offer by now, congratulation. Enjoy the few extra bucks, and just in time summer vacation. You have earned it. If you were coasting at work, congratulation. Hope you had enjoyed the few easy bucks and say good bye to corporate job. You had enough of this nonsense and we are rooting for you. Or find another gig if you'd like and coast again. For those of you in between these line markers, particularly if this is your first time, please do not let anyone tell you that your job is secured, anywhere, ever.
bon F eradata
@rt cant agree more. Our sales could credit the erosion saving as ARRG which means they only need to put all in plan erosion and they could credit all…no idea about whom design incentive program….this is why we need to cut supporting department…
Exec's enriching themselves with ill gotten gains for their stupidity and inexperience whilst the rank and file workers suffer the consequences of poor leadership
@jd Thanks. Whoa!
@ht https://finance.yahoo.com/news/teradata-grants-inducement-awards-chief-200500036.html
Take the 30-day rolling average of TD stock and multiply by the number of shares given to each individual. Comes out to about $9.6m and $6.5m, respectively.
@dx -- Is that accurate? Where is this information referenced?
Layoffs are in poor taste after handing JE ~$9.6 million and SA ~$6.5 million Inducement Awards.
I’ve heard around 10th June is D-Day