I heard from a PM over the weekend that there are unknown attendees on their planning calls. In one case the call was ended by the PM, before closing the session voices speaking non English started chatting. Has anyone else experienced this?
Titanic- great hopes and potential but…….
It’s a case of so much potential yet slowly sinking due to ETL ineptness, and a complete disconnect with what’s going on…With executive leaders who do not have experience with new logo growth of a product without brand recognition or a positive brand... — read more
Biggest Waste-JM Studio or McKinsey?
Vote for the biggest loser. JM Studio branding fiasco or NC/McKinsey strategy goat rodeo? Neither delivered an ounce of business value and resulted in smart engineers being laid off.
SNOW Hits $2B While TDC Shrinks
It’s official now. Snowflake trailing 12 months revenue over $2B. TDC forecasting only 1.6B in 2023. Case study on how a company lost its way in its core market. Kodak, Borders, Blockbuster, K-Mart, Teradata. #TDCGotSnowBalled
<.01 New Customers Per Salesperson!
500 Salespeople and only 6 New Customer Wins???? This is the most concerning metric and tells you that only those companies who have an embedded Teradata database are staying with the technology until they can un-stick themselves.
Short and long game ... what's in the future for all
Now that AIP will be paid out. Many of us will start the exodus. If you're starting your career, this is place is as good as any to learn the technology, product, do all the social stuff, attend activism meetings and not really deliver products... — read more
Heads-Up - I see the AIP bonus coming March 10th, 2023
To all former co-workers affected from Nov/Jan layoffs. I just noticed the AIP bonus coming through my bank's direct deposit tomorrow (March 10th, 2023) Just like a kick-starter, every bit helps! If you live in California and getting EDD benefits... — read more
Engineering led and customer driven - now chaos and lack of identity
This company and product has always been led by bright and talented engineers to address the needs of the customers. Product management and all other contributors were the supporting cast. They know good ideas and technology is paramount to the... — read more
JW New Branding will save us
Are we really spending millions to rebrand? We hemorrhage engineers, can’t get Vantage to work and now this. You really can’t make this stuff up.
Turn out the lights... the party's over
After the layoffs come the voluntary departures. ELT may have considered the consequences but unlikely they planned for departures from the least expected or how many. Rinse and repeat. With each round, this place distance itself from the... — read more
who needs layoffs - the lost generation of engineers
Teradata was once great because despite all obstacles, they retained everyone and retooled to overcome them. Many people joined the company, grew up, master the product and continued to carry the torch of excellence from those before them. With the... — read more
Effects from last layoffs coming - keep your eyes open
Thanks to the infinite wisdom of the idt ELTs, many productive and knowledgeable engineers were recently canned instead of the useless directors, VPs, and S*VPs. Engineers are very mindful of how they may be treated in the future. Many more... — read more
Down down down down ... all one needs to know what the future will show
https://finance.yahoo.com/news/teradata-full-2022-earnings-eps-100755496.html Let's see the corporate troll and avid supporter spin this one. Teradata (NYSE:TDC) Full Year 2022 Results Key Financial Results Revenue: US$3.59b (down 6.4% from FY... — read more
Only 6 New Customers in 2022?
Another thread disclosed this. Anyone have more insight since there is zero public disclosure from TDC on this?
API?
Do you think we’ll get our bonus the first week of March like last year?
Arrest Churn!
Hahahahaha. This is what you get from $30M to McKinsey thanks to our Chief Strategy Officer. We paid them by the work stream. That’s why we had over 30. #JOKE
AY AY AY! He is leaving the building
That's all folks. Enjoy.
Just give us the info, good or bad
I'm more than capable of making a decision, of managing my bias, of having an honest debate, of recognizing the perspective of institutional investors, of understanding that change takes time, of earning my paycheck. I am capable.
new rule for severance agreement in future layoffs
Laid-off tech workers can now talk sm--k about ex-employers, says NLRB https://www.sfgate.com/tech/article/severance-packages-silence-workers-nlrb-rules-17799428.php The National Labor Relations Board said severance pacts requiring confidentiality... — read more
Damage control in action - discredit, distract, divert attention and conversation
Wow, whether it's company trolls or hardened supporters, recent discussions triggered responses that make one wonder. Where there's smoke, there's fire. Just give us the info, good or bad, we're more than capable of observing what's going on at... — read more
Watch out - layoffs in 2023 - rank and yank at meta - this place will copy
All recent discussions coming together. Companies rank their people low, get layoff list ready, and pulling the trigger after saying no more layoffs. This place is a follower, had and will continue to do the same. Read, learn, and decide for... — read more
“Cloud Is A Fad” - Teradata CTO 2014
And he still has the CTO role at Teradata?No accountability for lack of vision. Most of the responsibility for Teradata being a #CloudLaggard rests on his burning man shoulders.
Total Customers and New Customers?
Why is Teradata not transparent on these metrics? Snowflake reports this every quarter. From their last earnings announcement - 7,292 total customers, 287 customers with trailing 12-month product revenue greater than $1 million. Simple math and we... — read more
Thank you, layoff.com, for providing a safe space for me to unload my baggage
What have I learned from this forum? When someone says something positive and remotely intelligent about Teradata, this group is quick to denounce and downvote them, and claim thay are hr or ELT - even if the individual explicitly states multiple... — read more
insider actions
Interesting insider actions that may say something about this place https://www.secform4.com/insider-trading/816761.htm
is it starting to unravel?
Looks like pressure is mounting for more revenue from cloud. We see posts using RG as the scapegoat and admission this place is a sh**show. The infighting has begun? Everyone positioning themselves? Who will be first casualty?
Point of no return
Humpty Dumpty sat on a wall, Humpty Dumpty had a great fall. All the king’s horses and all the king’s men Couldn’t put Humpty together again.
#TDCGotSnowballed
This hashtag goes out to our CSO 😀
TDC "Shell Game" Financials - Investor Beware
Investor beware of TDC's "cloud growth" sleight of hand. I worked there and I saw what the previous and current CFO are spinning. It is technically true, but not a smart metric to focus on. Let's do some simple math. If you had two buckets and... — read more
RG was the biggst conman in history of TD. Period.
For 3 years, RG sold a dream to us in field in monthly clls tht he is buildng a product to handle scale of our largst customers. Every month canned demos were given to us tht we now understand were completely bogus. RG was so smooth at deflecting... — read more
total revenue & new logos - IMHO only metrics that determine future of this place
IMHO - New customers and higher total revenue are the most critical metrics that determine if this place will continue its downward spiral or have some life left. ARR is like a freebie starting point and serve as the existing customer base. Any... — read more
Copycat layoffs - the incompetent ELT we-pon of choice
What was the main reason given for the recent Nov and Jan layoffs? Anybody buying it? As we know, the incompetent so called ELT we-ponized layoffs to get rid of political victims, those that are deemed old timers or too old, etc. The following... — read more
why layoffs will continue - performance appraisal bottom ranking quota
As usual, this place is a follower and as mentioned in many posts, this place has adopted a continuous layoff model and no end in sight. See article below to fully appreciate layoff implications. That's exactly what seems to be going at this place... — read more
Has TD been buying shares back in the past 2 days?
What else could push the stock price +24% since Friday close? I mean ok EPS is up, but business is contracting (based on falling revenue). If indeed it is a buyback, it’s a Google type of story, layoffs on the one hand, shares buyback on the other…... — read more
Total revenue $2B
Someone asked here for our opinion whether Teradata will ever break $2B again. I don't think they will. You?
earnings - good, bad, ugly - pump & dump - won't avert layoffs - beware
Good job to the carpet baggers for pulling out Q4 and 2022 but it will be short lived and won't avoid layoffs.... First, great for those that were laid off because they will get some bonus payout and put everything in the rear view mirror. ... — read more
Slowly Sinking Ship
Total revenue was $1.795 billion versus $1.917 billion, a decrease of 6%. Once the street figures out the shell game the stock will return to 2009 levels. This is a dying company, trading on prem revenue for cloud with minimal new customer growth
Earnings Summary: Public Cloud ARR up by 77%
Everything else down. Total ARR -- down 1%. Total Revenue -- down 6%. Gross Margins -- Down. Operating Income -- Down. Down in virtually every metric from 2021. All 'success' is being measured versus Public Cloud growth, and that cow has about... — read more
Earnings call Monday
I imagine the diversity hire and her minions are feverishly trying to put lipstick on this pig. Like Kevin Bacon in Animal House: “Do not panic! All is well!”
All the actions speak for themselves
Lots of pressure and layoffs everywhere but it does not have to be that way. If stakeholders really know what goes on day to day, they would demand mgmt be fired. Good management take care of their people through the rough times, build trust, and... — read more