To my mind as we gain more efficiency and decrease the costs, while keeping the customer subscription flows only slightly touched, the bonus pool may get bigger? What do you think? Good times ahead for those who keep cool?
Are you prepared ?
This place is a wreck and we all know it. It's a close to assurance that you will be laid off in any event once in the course of your life. Knowing this, what actions are you taking to plan for the day when you're notified that your position has been... — read more
Sept. come and gone
I spent the whole month trying not to worry about layoffs while focusing on projects, and it didn't work. I worried. And then worried some more. There's little we can do but worry when we know it’s coming, but we just don’t know the exact dates... — read more
Layoff updates: If you've been with TD for over 7 years or are 55+years old ...
Its bye-bye? I need someone to confirm this rumour that I'm hearing from friends and colleagues? HR and my boss dont say anything. Some people who have taken retirement but I know people in the Nordics for example who are late 50's still staying on... — read more
Teradata is a joke? or not? $SNOW v $TDC on Wall Street.
So Snowflake IPO'd a few weeks ago. How are they faring at the moment: Current valuation: Snowflake: $250 bucks a pop and ~$70 Billion market cap Teradata: $23.2/share and $2.5 Billion and change mark. cap Is Teradata: A) Going to make it -... — read more
Our Program Management group is a joke
the pogram manager group needs to add value &stop randomization, micromanagement and last minute requests to justify their middle-man duty. I suggest project management 101 training to be mandatory for the PGM group Clarification note: program... — read more
Partners User Conference
Maybe this year the customers will out number TD employees. Well if there are any customers willing to travel to SD. Doubt any international customers will make it. I am sure it will be a great success as always.
When is L-Day?
Do we know when is layoffs day? I'm sure our lovely and thoughtful CEO wouldn't drag it throughout the end of October. Would he?
This means nothing without a growth plan
The restructuring would be more credible if it also included a growth plan, i.e., cutting costs so that the company is in a stronger position to generate revenue as it had in its glory days. Without this, layoffs will continue to mitigate the impact... — read more
It's not going to be enough
However many people accept to leave voluntarily, you can expect regular layoffs to follow. Expecting anything else is intentionally choosing to live in denial. Teradata needs to cut costs drastically. The easiest way to do that is through layoffs... — read more
Stop terrifying us SteveM!!!!
Terror. Verb. To ceate and maintain a state of extreme fear and distress in (someone); fill with terror. This is what you have created by announcing to the world you will be taking our jobs. Yet, it is taking you months! This is your first act... — read more
I want to “make sure”
For senior and mid level managers this should have been undertaken by a neutral third party. Like a blind taste test. They should call every single manager and evaluate if they add value to this company vs. just attending meetings, hearing themselves... — read more
The Economist: Snowflake and data warehousing
An article about Snowflake's IPO and the data warehousing business in general in The Economist this week. Not a single mention of Teradata ! Telling ? https://www.economist.com/business/2020/09/15/how-snowflake-raised-3bn-in-a-record-software-ipo — read more
Where is Brobst in all this?
Is he still a guru or just a has-been? As CTO (although not an actual employee) isn't he supposed to lead the technology? Remember how much he gets paid as you're heading out to the unemployment office.
Vol
OK, don't worry and be happy - here it is, 4 weeks of pay, 18 months of COBRA, and faster vesting if you are in the priviledged pool of folks with stock options. Overall, not bad, really... If you are in non management positions this will be hard... — read more
How does it fell to see a company with less than 1/3 of the revenue....
Worth 8 times what TDC is. Go snowflake.
How did we end up here? I think I know and have a solution...
There once was a time, not that long ago, when Teradata was revered. We were THE giant in the industry. Yes, we were considered to be expensive, but that didn’t stop literally every major retailer, airline, manufacturer, TELCO and bank for seeking... — read more
Early Retirement Company Wide Launched
Layoff Severance +4 extra weeks, 18mo of paid cobra, faster vesting for stock options. Must decide by Sept 30th...all eligible folks 55yrs old, with 10yrs, and in good standing have been notified. Restructuring decided by end of Sept at ELT... — read more
layoff started
Starting Monday, we will see few friends getting 30 min calls.
I can't take it anymore .. should I wait around here or not?
Is there any upside? Are the missing positions in EMEA a sign that we are actually prepping for a sell?
Again about Consulting, dirty tricks to survive (few months....)
Does anybody watch behind the figures? Does somebody knows that in some countries (e.g. Western emea countries at least) during last years (including current one) the way to improve project GM is simply obblige people to inpu training or admin while... — read more
Major announcement
Major announcement ext week
Get Rid of the NE Culture Queens
In HR and PM before their Equitable Marxists attitudes sink further a crumbled company... don't need another yammer channel or 3rd party org to "drive" bs
Can we get rid of Dan now?
In 2019, Dan earned $2,996,242 in total compensation from Teradata. He leads the services business which has been a disaster for years. A skilled third grader would have a much more positive impact to TDC results. Oh and in 2018 he made 2.5M... — read more
Sizeable layoff
Confirmed...it's coming sometime in September/October
Consulting is in a MESS!!!
Layoffs coming? Down 26% compared to last year.
GC
She looked the other way as Teradata exec team of which she is a member understated core earnings to make future and current results look better. Forbes article outlined this precisely in article about not buying Teradata turn around story from... — read more
GENERAL COUNSEL LEAVING
Rumored that LN is retiring. Story is that SM directed her to develop the legal position to eliminate severance when RIF takes place. SM stated that Oracle and IBM lay off employees with no compensation and wants TDC to do the same. Story is that... — read more
More cost reductions on the way, announced...
New CEO Steve McMillan just announced a cost reduction "across the board" including layoffs to get costs in line. When does this contraction ever stop? This has been going on for 4 years? January 2019 huge layoffs k–led us, we lost 1/2 a year. ... — read more
D&I issue in Product Management?
Heard a few rumors that new head of product management (HA) is not being very inclusive (to put it politely). Seems like there is strong correlation between ethnic background and who she has promoted and fired. Thoughts?
coronavirus WFH policy
What's the WFH policy at Teradata? Any plan to extend WFH like FB or Google?
This would be funny if it wasn't sad
Teradata keeps laying off the best people who do so much for the company that when the time comes, they'll have to hire minimum two people to replace them (and even that might not be enough.) Am I the only one who thinks this business strategy is... — read more
Q3 layoffs?
In this past the big layoffs were in August September. Any insight?
Teradata HR
I heard that in the past, Teradata pay isn't competitive and HR plays hardball. Are they still trying to lowball new candidates and lose talented people that may help the company from the death spiral or are they actually trying to be more... — read more
Captains leaving a sinking ship ?
News came that DS, the leader of the EMEA region, is leaving TD 'to pursue opportunities beyond TD', after being with the company for over thirty years. It feels as if the TD ship is sinking. Another executive in EMEA, RR, has left the company as... — read more
Confused
Recent town hall was filled with positive news and accolades as each executive talked about wins, winbacks, renewals and new logos. Is this even real or a big lie?