Thread regarding Teradata Corp. layoffs

@an >

@17k It wasn’t Teradud.

Who won? Can't read, sorry.

If teradata was a horse, any civil person would shoot it. Bring on the inevitable. Stop the slow suffering decline.

How does the Leprechaun still have a job?

Just get rid of him and bring up someone from tech support to replace. They cant do any worse and at least theyd understand the product.

Is there any tech support in RB anymore? If not maybe thats a problem.

@n6 They sure are not getting their money’s worth from the dead weight they are carrying.

Only time will eventually bury teradata into the forgotten. Meanwhile the snowflakes, Google, databricks of the world will continue to hover up customers moving away from legacy teradata. The truth is in the numbers alone.

Wow! Snowflake up 50.72 today, ending at 356.56. Amazing! Glad I bought at 150.

Oh, then there is Teradata. Plodding along 28.78. Glad I sold at 50.

These amazing Teradata engineers just don’t have the right stuff.

@kt And hows that "AI team" that all merit increases were put on hold to pay for, doing?

Down here we've been losing customers constantly. I can't remember in the last few years adding a new logo. The deadwood leaders in this region get rewarded for going backwards. We have the failed Texan who came here promising a lot but having failed. We have co----e cowboy who hasn't done a thing in his time here.

@jt It must be so soul-crushing to work at a company that is so mediocre.

@jt TD wont announce customer numbers, because how embarressing it would be to admit they have less customers than Snowflake added.

Speaking of competitors...saw these Snowflake numbers today...TD can only dream of these numbers. Wonder what SE thinks about this? And isn't it nice to see a company post the number of customers it has, including the new customers/logos. They are eating TD's lunch. Burp.

Snowflake accelerated growth: Fiscal Q2 product revenue rose 37% year over year to $1.49 billion, helped by stronger demand for its data platform and AI offerings. The company raised its fiscal 2027 product revenue outlook to $6.07 billion, or 36% growth.

AI adoption is expanding platform usage: AI products including CoWork and CoCo continued gaining customers, while management said AI workloads contributed about half of the growth acceleration and encouraged broader consumption of Snowflake's core platform. Net revenue retention was 126%, and remaining performance obligations increased 30% to $9 billion.

Profitability guidance improved: Non-GAAP operating margin expanded to 15% in Q2, prompting Snowflake to raise its full-year margin forecast to 14.5% from 13.5%. The company maintained its 23% adjusted free-cash-flow margin outlook and reiterated its goal of reaching GAAP profitability in fiscal Q4 2028.

Snowflake (NYSE:SNOW) reported accelerating second-quarter fiscal 2027 growth as demand for its core data platform and AI products increased, while the company also expanded its non-GAAP operating margin and raised its full-year product revenue outlook.

Product revenue totaled $1.49 billion, up 37% from a year earlier. Chief Executive Officer Sridhar Ramaswamy said the result marked Snowflake's second consecutive quarter of record sequential dollar growth and represented a seven-percentage-point acceleration from the 30% year-over-year growth rate reported at the end of fiscal 2026.

"AI is compounding Snowflake's advantage" by bringing new workloads to the platform, increasing adoption of first-party AI products and lifting broader platform consumption, Ramaswamy said. The company described its strategy as providing a governed data foundation, access to AI models, application workflows and an "agentic control plane" for enterprise customers.

Customer Growth and AI Product Adoption
Snowflake ended the quarter with 14,554 customers worldwide after adding 692 net new customers, a 32% year-over-year increase in net additions. The company added 14 Forbes Global 2000 customers during the period, bringing its total in that category to 829. Snowflake said its AI Data Cloud now supports more than 41% of the Forbes Global 2000.

I like the progress I see, but its becoming more like motion without direction. Competitors captured market because they were and are easier for startups to access, develop and build quickly - its product led. TD is still sales led and expensive for startups. Without startups, there is no new logo unless we are talking about a govt business who require fully private on-premises deployment. I have repeated this multiple times in various meetings, there is no way for someone to spin up a TD trial site today and unless there is drastic change in this approach to strategy and GTM, TD is not going to get new customers magically and somehow beat competitors.

They will also continue to attract existing TD customers, as there is no new dev / testing happening in TD sites even within our existing customer base as they are unable to experiment new features without executing a sales motion which takes time.

For once I will agree somewhat.
TD had a major problem with "we've always done it this way" coupled with a culture that allows some of the lifers to have stake in things simply because they had stake in it previously.
Leads to needing 800 approvals to do anything, and a resistance to changing any of the processes to start cutting down on the beaurocracy.

@fm LMFAO you are amazing, woman. Declining revenue, losing customers, and those “lifers” were the problem? Low IQ statement with very low reasoning skills, that’s what you are. I hold no grudge against Teradata but facts are facts and you’re too d-mb to see them.

@an I'm convinced you're SR and not super engineer.

Typical. Attack the OP but not the post. Is the post incorrect? If not, then explain why you are not contributing anything successful.

@fm It looks like widdle Super-engineer is mucho triggered. Since he doesn’t seem to have the skills to help the company, he projects on others. What a pathetic employee.

@fc 7500 to 5100 isn’t “everyone is fat.” The lifers were dead weight in a costume. Decades on the same box, same tickets, same excuses. Worthless garbage. Leadership finally took the trash out and hired people who can ship. Those new hires are the company now. You’re the reason it needed saving.

@an estimated 7500 employees in 2020 down to 5100 employees in 2026 is “cutting the fat”? That’s a loss of 5% every year BEFORE counting new hires. So you’re saying EVERYONE is “fat” and new hires coming from other companies are “fat.” Yes? If not, WHAT ARE YOU SAYING? Because the numbers and statement don’t add up.

It’s so enjoyable watching super-engineer rise to the bait every single time. What a tool.

@d7 He can’t. Super-engineer just moves the deck chairs around the Titanic deck. He has few skills that industry leaders need and I understand his desperation. If the ranks of Teradata engineers are made up of people of his ilk, I feel sorry for them.

@an. So it's your contention that Snowflake, Mongo, Databricks are only selling to greenfield non Teradata customers?.

They are slicing and dicing carving data away from Teradata systems.

How about you name the top 3 new features/capabilities unique to Teradata that you've built to be "shipped"?

Not something that is a "me too", catching up capability.

@an No, Super-engineer, you must be the deadwood. Your self-described vast talent is not able to save your company and your legacy skillset is not valuable to any real AI company. You must feel very inadequate.

ChatGPT wrote your post and you still sounded unemployed.

You're deadwood, I do the work. You do screenshots of revenue tables and call it a takedown.

Snowflake, Mongo, Databricks sell greenfield cloud toys. Teradata runs the warehouses banks and governments have been too scared to rip out for 40 years.

“Not pulling his weight” very cute, coming from a guy whose entire contribution is pasting ARR numbers into a layoff forum. Headcount dropped because they cut fat. You’re still here, so guess which pile you belong in.

$100 in TDC became $136 and you’re sobbing. You bought a turnaround and graded it like a meme stock. That’s not insight. That’s you being broke and loud.

Go generate another chart. I’ll be over here actually shipping. Go touch grass