Talk about underperforming- in a high growth market TDC is $31. It has not really moved in a sustainable way for 15 years! How can the ELT pretend “the strategy is working” - they should resign and return their RSUs. What a sad, depressing company... — read more
When did you lose respect for TD and its leadership?
Since so many seem to hold nothing but disdain for TD (myself included) I'm curious what was the turning point for you?
What’s Next?
Stock down 10%, lawsuit filing end date is near, Q2 earnings. Is teradata selling? Layoffs? What’s the forecast? https://www.fool.com/investing/2024/07/19/why-teradata-stock-fell-5-on-friday/
Severance pkg question for anyone laid off this week
First, I'll say that I feel for you guys. This is tough times no question about it. Hope you move on to something much better... My question is for anyone that had restricted stock units that had not vested yet. Did they vest them as part of your... — read more
So many managers bring no value to TD
How are they still here? How do we keep losing valuable employees and these leeches remain every single time? Is there nobody who can do something about this? It makes me so mad to know we have to do the work of several people while they do nothing... — read more
How is Vantagecloud Lake doing?
I left TD shortly before Vantagecloud Lake was released. As I recall, the new architecture was supposed to make Vantage as a service profitable as well as give existing customers a reason to stay with Teradata. Has any of that happened? From the... — read more
Constant threat of layoffs and bad mgmt = impossible to work
It’s chaos due to mgmt not being capable to cope with the aftermath of layoffs. And frankly, morale is close to zero. How do you cope? I’m trying to resist doing anything outside my normal tasks, including doing everything in my power not to take on... — read more
Combat Pay For Teradata Employees
We should get combat pay. Not only are we attacked every day by cloud-native non-legacy databases like Snowflake, Databricks, and Redshift but we have to battle constant RIFs from our ELT. We either get shot by competitors or our own weak leaders... — read more
Latest updates (midst layoff turmoil) - Class Action lawsuits and TDC vs Cerulium
Does anyone have any updates on: the class action lawsuits against Teradata? ... I think the last word was looking for lead plaintiff(s) the court case between Teradata and Cerulium? ... I think there may have been some judgment but it's hard... — read more
Are we done for now?
At least until September? It would be lovely to be in peace for a few weeks at least.
PwC Migrating Teradata to Cloud Native
PwC has an automated migration from Teradata to Snowflake and Redshift. Other consultants are doing this too. “All our Teradata clients want to get off this expensive database”. The end will come sooner than anyone thinks.
Sorry guys, for whomever gets booted today, whether one or many
It may be good for you. With rumors about Sept, and the state TD has been in for a while, it may be smart for all of us who are spared today to start looking for other opportunities. We’re all past the point where tying ourselves to this place is... — read more
Those who got laid off, what has your severance looked?
Include which region you are from (AMS/APJ/EMEA), and years of experience
Layoffs in the US
What's happening? What's being hit?
Layoffs occurring right now
GTM in APJ has been hit today with a round of layoffs. Expecting more to happen in EMEA later today.
MASSIVE layoff coming in september
Don’t ask how I know. Rumor has it that TD is trying to prep for a private equity sale. Management is saying that this September layoff will target 10-15% of the company. Be prepared and start prepping your resume.
Found new freedom after Teradata
I got riffed as part of the Halloween Sweep and now found my dream role which I begin soon. Time away from working life at Teradata has taught me that it really is not a nice place to be at. When I joined, it was great and we were winning deals and... — read more
Look after yourself
Good morning people, just a short PSA. I know a lot of Teradata staff read these posts, concerned for their jobs, their livelihood, their families. We are all watching this site to see what news there is of the chance we may be soon be added to the... — read more
RIF confirmed for next week and week after?
A lot of rumors are going around. Do we know anything for a fact?
Class action lawsuit filed on behalf of investors
TERADATA SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Teradata Corporation - TDC NEW ORLEANS, June 26, 2024 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE... — read more
RP Reorg
When will RP’s report be announced?
Teradata loses major deal in APJ
A large government customer due to refresh their platform in June has decided to push the platform for another year to look at alternate options. The renewal was looking to be in the vicinity of $60m and puts a massive hole in the territory number... — read more
Bullet dodged?
Since there has been no confirmed RIF, at least not mentioned here, perhaps the need for one has passed?
New investor guy on the Titanic
Teradata Welcomes Chad Bennett as SVP, Investor Relations and Corporate Development. Bennett was previously part of Craig-Hallum Capital, where he was Senior Vice President/Partner Equity Research and responsible for primary coverage of SaaS and... — read more
Google Cloud 5 Late
It only took four years after we announced it. So embarrassing. HA must have something good to leverage to get by with stuff like this. Note she never puts years on her roadmap, just the quarter 😀
The Five Dysfunctions of a Team, and some...
The Five Dysfunctions of a Team, below from author Patrick Lencioni, could easily describe our incompetent ELT. In fact, Lencioni could do a case study on TDC ELT and add another ten dysfunctions for a follow-up book. Absence of Trust: Team members... — read more
Is our leadership still in the objective reality?
At this point I am wondering if leadership sees some things that are not there. Do you think they themselves take anything they say seriously? Even if it’s only performative, it’s too much shark jump-ey. I sure as he-l don’t see things they talk... — read more
The Trusted AI...
JW during an internal AI announcement today "we've been infusing AI for decades" Decades...really? Seriously. She couldn't even show up live for this "very important announcement."
RIFs
When is the next round of global layoffs scheduled? Anyone with verified timing?
Teradata now is in a legal battle with Consulting Partners - when will this end?
May 7, 2024 Filing 1 COMPLAINT against Cerulium Corporation (Filing fee $405 receipt number ASCDC-11751018) filed by Teradata US, Inc., Teradata Operations, Inc. Service due by 8/5/2024 (Attachments: #1 Exhibit 1 - 16.0 Copyright Registration COR (US... — read more
Pomerantz Law Firm Announces the Filing of a Class Action Against Teradata Corporation
https://www.bakersfield.com/ap/news/pomerantz-law-firm-announces-the-filing-of-a-class-action-against-teradata-corporation-and/article_eec0c8ac-9048-58c7-8df5-6676cade6fb5.html AP Pomerantz Law Firm Announces the Filing of a Class Action Against... — read more
Class Action Lawsuit Has Been Filed Against Teradata Corporation June 15, 2024
https://www.morningstar.com/news/globe-newswire/9154443/teradata-alert-bragar-eagel-squire-pc-announces-that-a-class-action-lawsuit-has-been-filed-against-teradata-corporation-and-encourages-investors-to-contact-the-firm GlobeNewswire TERADATA... — read more
When you can’t lead, you slash, burn, and blame
With yet another round of deep layoffs coming within weeks, you have to wonder when shareholders will demand answers from the $15M a year CEO whose “leadership” has resulted in the company shrinking, lost customers, and still no viable product. Can... — read more
2nd quarter
So we have to wait until August for the great news about how the ELT has saved the company?
For the first time in many years working for TD
I haven't taken my laptop with me when I left for my annual leave. I just really don't care anymore if. I lost all hope for this company and, if not laid off in the next few weeks, on my return will be looking for a new job anyway. But I'm pretty... — read more
A String of Inexperienced CEOs - What Was The Board Thinking?
Teradata hasn't had a CEO with experience running a software company in over 20 years. Only one even had CEO experience, but in the grocery business. All the CEOs during this time lacked experience running a software company. MH (NCR hardware... — read more
What else can be said about this dumpster fire?
All the posts coalesce around bad Board, incompetent ELT, poor leadership, lack of vision/strategy, missed opportunities in the marketplace, loss of customers, no new logos, case-study on what 'not' to do, etc. Furthermore, it's sad to see the... — read more
SEC Violations Everywhere
When is the SEC going to open their eyes and take these clowns to jail? We are forced to enter invalid "leads" into SalesForce so they can report 100 new logo's added to pipe on a earnings call. It is a flat out lie, when are they doing to open... — read more
Lost Money on Teradata Corporation (TDC)? Contact Levi & Korsinsky Regarding an Ongoing Investigation
https://www.wlns.com/business/press-releases/accesswire/861858/lost-money-on-teradata-corporationtdc-contact-levi-korsinsky-regarding-an-ongoing-investigation/ Lost Money on Teradata Corporation(TDC)? Contact Levi & Korsinsky Regarding an Ongoing... — read more
What are the insider layoff rumors?
No secret - the company isn’t doing great and leadership prioritizes layoffs over innovation. Can anyone confirm the May layoffs people are chirping about?