That was the lamest statement I've heard in 10 years of working in IT.

Half of these guys on stage are seriously making arrangements to trigger their golden parachutes but we are told to keep our heads down and work. Such nonsense!

He seems so disoriented or disorientated since we are a global company ;). Is he justifying his job and position or coaching us. What a joke.

To avoid bankruptcy, TDC must urgently overhaul its strategy. One more year of apathy and delays, and the lights will go out for good. It's easy to agree on one thing: AI has launched Data Management & Analytics into an interstellar orbit, where... — read more 

To escape banktrupcy. TDC must urgently overhaul its strategy. One more year of apathy and delays, then all lights will turn off ! Easy to agree on AI; it has propelled Data Management & Analytics on an interstellar orbit. where few are ... — read more 

AI is everywhere. For Data Orchestration and Analytics, it’ becomes a pivotal piece of technology. No way to escape. Hard to imagine TDC competing successfully against monster AI companies. Do not blame SM, HA, JW….or DEI. It’s tougherthan that... — read more 

Starbucks Board removed there CEO Laxman Narasimhan after 17 months of fallening Sales, Corporate turmoil and influence from Activist Investors. TDC take note : "But investors and the company board quickly soured on Narasimhan as sales weakened and... — read more 

Cutting costs through layoffs is the only thing that McK can think of as a strategy. If only we had a leadership team that we admired and looked up to. A leadership team that provided vision and admitted when they make mistakes. Instead we are... — read more 

I don't care if I do my job well. I just don't care about anything work related anymore. I don't even care if I'm laid off or even fired. I'll move on. This actually feels liberating. Thanks, TD. I know this was not what you hoped for, but it's the... — read more 

RIF is a common decision in any public company. Not being prepared to such an option is pure carelessness. So are negative posts following RIF announcements always relevant ? Any employee has indeed two options: being 100% loyal and committed to... — read more 

how things in your team? my team no good. manager care more about self, four or three people do the work, product crash all the time, manager dont listen to team opinion to make team better, manager complain about product, there no motivation from... — read more 

I've been wondering why employees endure this "Squid Game" level of stress every quarter or six months. What's holding them back from exploring other opportunities in the job market? Is there some sort of contractual obligation preventing them from... — read more 

DS has managed to destroy in under 3 months a PM org that may not have been perfect, but was an org that took several years to get to this point and was still in a rebuilding process. DS's plan is to get rid of all the PMs who are smarter than him... — read more 

Downright shameful how much they rake in while the ship sinks. The apathetic board just takes their comp for a few hours work each quarter and looks the other way. None of them even know our industry or technology. Would you put any of them in... — read more 

Ever see The Walking Dead? Reminds me of my time at Teradata. The zombies are the employees who get axed by the 10 minute HR phone call that appears on their calendar. The rest are just surviving until they get cut. The ELT is who needs to get cut... — read more 

https://www.marketwatch.com/story/teradata-slides-13-after-2q-revenue-falls-guidance-cut-243b01c6 DOW JONES NEWSWIRES Teradata Slides 13% After 2Q Revenue Falls, Guidance Cut Published: Aug. 6, 2024 at 1:54 p.m. ET By Victor Swezey Shares of... — read more 

The 10% RIF will perhaps put TD on the right track to win back and shine again. Who really knows ? RIF is a common strategy to get lighter and quicker while thinking and acting ? And often, it works well. People who are invited to leave should not... — read more 

The ELT will stay has long as they are able to make $$$ on the backs of those RIF’d time after time. But please do remember: “Teradata Cares”.

Just heard a rumor that as part of our new cost-cutting strategy, the planned salary increase for October will be delayed until March and this will be announced during the all-hands meeting.

Please resign. With Teradata on your resume, you lack a compelling story for your next employer. Once this role is over, you might only be left with living off the interest from your CDs, having misappropriated funds from Teradata. It’s disappointing... — read more 

In other words, we’re losing 10% of the company just to pay SM’s salary for the year. Not a good tradeoff. He’ll keep smiling, keep failing, and keep cutting while he keeps collecting an inflated paycheck.

Without a long-term strategy to at least keep us afloat, another 10% cuts in workforce will solve nothing. Especially now when many competent and talented people are already gone. From now on the question is only how long until we touch the bottom... — read more 

Your time is up. Return some of you undeserved exorbitant compensation too. You can’t even be honest about the ship sinking. Embarrassing

I’m guessing most of the RIF will happen this year based on the Q2 report. Does anyone know when it is starting?

The analysts are finally catching on. SM full of be on new logos. Says they will double in Q3. From maybe 1 to 2! Embarrassing for everyone involved.

In all of the replies from Aug 5th to the "good news" post I knew this day was coming. I was with Teradata for over 6 years and was blindsided by my Solution Engineering Manager and Director on Nov. 1st. The SE's on these major accounts not only knew... — read more 

SM and his clown show LT has lost the locker room and cannot regain it what ever he does or says. No one internally believes him or any of his LT. Your BOD experiment to hire a non-experienced CEO with little more than to say the word "cloud" and... — read more 

Another 10% reduction in force on the way. Existing customers leaving in droves. No new products. No new clients. Revenue YoY continuing to drop. No reason for hope. Someone who really doesn't care anymore and is just waiting to get riffed... — read more 

This is worth reading - the Q2 2024 Earnings Call transcript https://seekingalpha.com/article/4710648-teradata-corporation-tdc-q2-2024-earnings-call-transcript Some points to note taken from that transcript: “In addition to gross margin strength... — read more 

So the results are almost all negative quarter to quarter and 2023 to 2024. Ten percent of the remaining survivors to be laid off. What company in their right mind would buy anything from Teradud? It’s going to be a brutal Q3.

Can’t spin continued revenue decline in a growth market. All competitors growing by double digits.

Q2 results are bad. Anything related to layoffs?

Ahh, cut another 9-10% of the company to reduce expenses. Recurring revenue continues to decline, as does total ARR and cash flow / free cash flow. But hey, at least that leadership team will get more equity to sell.

Anyone else find it so too?! Lawsuits... ever bad performance... a very uncertain future... time for BlueSky.

August 5th will be fine, there will be lots of good news. Trust me 😀.

any idea?

Is Anyone buying through ESPP ?

its RIF time. I am tensed considering what could happen to my team as I am pretty sure this time there's going to be an impact in engineering at some higher levels as well. Over heard an exec literally shouting in a meeting room at the office on his... — read more