Aug 30th, 2021, TDC - $57.04 Aug 24th, 2022, TDC - $34.17 BOD, aren't you supposed to act on behalf of shareholders? Then act! Something is broken and it ain't getting fixed.
Snowflake earnings imminent
What’s the betting that we get overtaken on quarterly revenue by a company that didn’t even exist just a few years ago ? Is that because they are so much better than us or because we are so much worse than they are ? I guess the customers decide... — read more
I love it when management plays d-mb over why people are leaving
Let me enlighten you. People are leaving because they're tired of never getting credit for the good work they're doing and always being reprimanded even for the slightest mistakes they make. They are leaving because the management keeps ignoring... — read more
Strategy Report card
JC’s report card: A-F? I don’t see anything different about our strategy after hiring JC. We continue to falter. Oh, I do see a bunch of McKinsey branded training programs that we are paying arm+leg and drafting employees to take. Other than... — read more
How many are currently considering quitting?
Everybody I talk to seems intent on leaving Teradata as soon as they can. It makes me wonder if that's the case for the majority of employees or if it's just people in my group itching to get out. I personally don't plan on leaving just yet but I... — read more
Speaking of layoffs, what's the over/under on JW's tenure?
Weeks? Months? I mean, c'mon, what's really changed in the 8 month since she started? Can anyone say that collaboration is better? Silos are removed? Better-experienced people are occupying top positions (as opposed to buddies from old jobs?). — read more
The longer you stay at Teradata, the harder you will find something better
The most important thing is to know when to leave. I'm trying to find a new job and it's difficult, and one of the reasons is that I stayed here for a long time. That's why my advice from experience is that no one should stay here longer than 2 or... — read more
It's hard to explain
TD was actually a great workplace in the past. It is not easy to explain how in a relatively short period it became the exact opposite. What do you think are the critical points that brought this company down?
Should I be worried about bigger cuts?
I hope there won't be any.
Our SVP+ crew can't figure things out
the two engineering SVPs are unable to figure how to manage out the innovator VP and their innovative DB. They are blind and deaf to customer feedback because they know better.
Close to retirement
I am totally disappointed. This is a sinking ship. I hope that I will be able to make it until retirement, although lately I have been increasingly thinking about taking the risk and leaving. How close to retirement would you still consider job... — read more
Ponyboy on the new 52-week low
“I lie to myself all the time. But I never believe me.” Rather than face reality Teradata, it's just easier to lie yourself. "We are the top Data Warehouse according to Gartner", and "We are cheaper and better than Snowflake"
#TDCGotSnowBalled
Game Over - Market Cap, SNOW $53B - TDC $3.8B, Revenue, SNOW Doubling Yearly, TDC Shrinking, New Customers, SNOW winning hundreds, TDC
Total Revenue Down 12% - But The Strategy Is Working!
NC is a genius, how many languages does he know? He actually has a strategy to decrease revenue. So glad we engaged McKinsey to save the company.
“Teradata’s Momentum Continues” - What???
SM must have meant downward momentum. 12% drop in total revenue says it all. Blame the Putin Price Hike. This CEO is pathetic-his days are numbered. Bring VL back 😀
Summer Fridays
Great way to miss the worst results since 2010 and pretend they never happened….well, they never happened as far as Instagram is concerned so they can’t be true.
YA leaving
Heard that YA is leaving today...another SVP gone. Think they'll replace with another mck 'expert'?
Q2... Ouch, ouch, oooooch
https://assets.teradata.com/News/2022/TDC_Q2_2022_Earnings_Release.pdf • GAAP operating income was $14 million versus $70 million • Non-GAAP operating income was $55 million versus $117 million(2) • GAAP EPS was ($0.04) versus $0.39 per diluted... — read more
What else is Teradata good at
other than laying off good workers?
Is the rumor true?
Some here are already starting to talk about layoffs, but I don't know how much truth there is in that. I have friends at Oracle and it wouldn't surprise me if after the layoffs there, we also experience layoffs here. However, I am interested in... — read more
AIP Bonus
If you leave before the end of the year do you forfeit your whole AIP or do they prorate it?
I will not wait to be laid off
No one I talked to has any idea which org could be affected, but I don't think it's worth staying in limbo and waiting to be laid off. Isn't that just a waste of time? I've had enough of uncertainty and bosses who don't know how to manage any... — read more
BMC Names Martyn Etherington as new Chief Marketing Officer to Bolster Its Autonomous Digital Enterprise and Growth Strategy
https://www.prnewswire.com/news-releases/bmc-names-martyn-etherington-as-new-chief-marketing-officer-to-bolster-its-autonomous-digital-enterprise-and-growth-strategy-301596721.html
Most TDC Issues Track to 4 People - Not The Whole Company
Teradata missed some major market trends for sure - but most if not all of the issues being surfaced on this site track directly to 4 people. It is not fair to call out the entire ELT. These 4 are: SM, HA, NC, and KCC. If there is a RIF, take out... — read more
Bad results and layoff confirmed for Aug’22
Apparently, attrition targets weren’t met, nor were the sales target. Russia-Ukraine conflict is our excuse, again. Cloud ARR growth of 80% is not viable anymore (even on our abysmal low revenue baseline)… There we go again.
Most of them are micromanagers
Everyone whose manager is not one of those types that makes you want to leave because he closely observes and controls the work to the point that it is unbearable - can consider himself lucky. But I think that most of them at TD are micromanagers? — read more
Learn to work smart
I've learned something in my many years of working here: don't put a target on your back by doing things so well that your superiors start perceiving you as a threat. Being average pays dividends. It's far from ideal and in a normal company it would... — read more
What ever happened to the project code name x-x that was supposed to be the SF ki---r?
Or was that my HPPD acting up?
What has happened to marketing?
I have seen a couple of threads about marketing. So I want to share some field observations. No press releases or media coverage anymore. No new customer announcements. Universe canceled, even though SF recently proved that events still work... — read more
Last minute planning
I absolutely hate it. It's okay to be flexible and adaptable, to accept that change is something that happens from time to time... However, at TD, plans often change unexpectedly at the last minute, and that's frustrating. How many times have you... — read more
Welcome to the 13 hour workday
From RB. 630AM to 530PM and 8PM to 10PM. Crazy world. CPO won't do anything about it. Am I alone?
I hate that I'm stuck here due to health benefits
I'm in a position where I'm stuck here because I can't risk losing my health insurance. I know I can find a new job, but as soon as I do I'm the last man in, and my job security drops. I'm basically a hostage here due to my health. If that wasn't the... — read more
What happened to the post about the state of the marketing team?
I find it odd and not just a bit concerning that a lengthy, yes, brutally-honest post about JW and the state of marketing simply disappeared after many views and comments. I'd love to hear from TheLayoff, though I doubt they'd comment.
What New Products Has Teradata Released In The Past Five Years?
Have there been any, other than minor updates? And don't say "Vantage" since that was just a marketing name for the 19th version of the on-prem Teradata Database. Go back 10 years? There is ZERO INNOVATION. We are milking a slowly dying cash cow... — read more
Incredible news alert
Saw several posts on LinkedIn Thursday evening taking about some “incredible and game changing news”. Anyone prepared to elaborate?
Long-term career at TD is a thing of the past
Once TD stopped treating employees as a key element to its success is when things started going downhill. The company started ignoring some of the best employees and instead opted for bringing in outsiders to fill open management positions This made... — read more
Economic downturn
I'm trying to find a way to exit. If the economy falls into a recession, I wonder how it will affect TD. I think things will start to look a lot uglier. Some of my colleagues, however, think that there is no reason to be so overly concerned... — read more
How is the ELT doing?
Into our seventh month of the year, how is the ELT doing? · SM/CB: Share price -23% y-o-y, and investor trust and buy rating decline. SM is a weak leader who listens to the wrong people, not sales. · HA: $1B spent, zero innovation. But... — read more
The employees' job market is no more
It hasn't been for at least a month. I've been trying to find something for weeks but I barely found a handful of options worth considering. Needless to say, I landed no interviews from them. Companies are tightening their hiring and it shows. I wish... — read more
Deleted posts - any idea why?
I have submitted a post two different times - I was thanking the commenter named mad scientist for their following post: "I’m going to try it just to see if it helps to Love more than hate. Today is day 1. Will you join me? Please report back on July... — read more