Teradata Launches Integrated Enterprise Vector Store to Help Customers Be Ready to Implement Trusted Agentic AI Wow! That will save the company!
65+ separation - possible class action
If you are a former Teradata employee age 65+ who was not aware of the requirement for Medicare with COBRA due to Teradata improperly burying this information, please respond to this thread. We are gauging the interest for a possible class action.
Teradata Corporation's (NYSE:TDC) Popularity With Investors Under Threat As Stock Sinks 28%
Teradata Corporation's (NYSE:TDC) Popularity With Investors Under Threat As Stock Sinks 28% Feb 22, 2025 The Teradata Corporation (NYSE:TDC) share price has fared very poorly over the last month, falling by a substantial 28%. Instead of being... — read more
Bonus
Have you received your bonus yet? If you were laid off recently, your separation letter mentioned getting bonus this year. Any indication when this would happen?
Sridhar Ramaswamy, the CEO of $43 billion AI company Snowflake…
That's $43B (with a "B"). I wonder if they show a tombstone of competitors it has surpassed or put out of business at their annual kickoff conference.
Why is there a Marketing Department?
What are we marketing? Based on revenue, what have we been marketing for the last few years? How much could we save by putting that budget to work where it might help? I’ve been watching great sales people, consultants, engineers and developers... — read more
Optimus Prime clusterfu-k
You may think that some of the ELT decisions are questionable, but those have strong competition from the company wide clusterfu-k that is Optimus Prime. Surely heads must roll?
Forbes might want to revisit this…
About Steve McMillan Steve McMillan is President and Chief Executive Officer of Teradata and joined our board in June 2020. With more than two decades of technology experience, Steve is a seasoned executive with a track record of transforming... — read more
All Hands Call
… listening to SM … I am horrified. Cannot believe that this guy is still doing the same old sh-t which did not work out during the last 3 years. Telling us about how difficult his job is (not mentioned his salary) and how great his DEI direct... — read more
McMillan is a clueless wonder
Reading the transcript, one has to wonder how he can spread this manure with a straight face. And when will the analysts ask an actual relevant question?
ChatGPT's summary of the Earnings call
I posted SM's earnings call statement and asked ChatGPT for a summary. Its spot on. Enjoy. "Hey everyone, thanks for being here. We made a lot of money last year, but not as much as we'd hoped, so we’re making big moves to try and fix that. AI is... — read more
This is a direct result of laying off half their staff over 3 years from 10,000 people to 5000
Back to 2021 share price and it looks like it will drop more with more layoffs throughout 2025
Stock down from $45 to $25 past 10 years!
Hard to do in a growth market. Unbelievable incompetence. No mystery why all the smart people left years ago
No one to blame but the board for not firing this bloke
It’s unbelievable how their only tool is cost-cutting, yet they haven’t let go of the one person who snowballed them through the interview process and over the years, ultimately getting us to this point. He should be ashamed of himself, apologize for... — read more
10.5% Year Over Year Revenue Decline
That says it all. Revenue will be down 15-20% in 2025. More layoffs so ELT can hit their OI bonus. TDC = The Depressing Company
Who cares about goings-on in TD?
I only care about having this job until something better presents itself. And I’m working hard on that.
CB shown the door.
It’s a bit of a surprise she was the first one of the current C-level bunch… or is it? 🤷♂️
Good luck on the 11th
Good luck SM and CB spinning a plausible story on 11 Feb. What version of the truth will you tell this time? Surely a CEO is responsible for strategy and execution but you couldn’t come up with your own plan when you got the job so you hired a... — read more
Even ChatGTP knows
“ Teradata Corporation faces significant challenges that could hinder its long-term success, including increasing competition from cloud-native data analytics and storage providers such as AWS, Google Cloud, and Snowflake. As enterprises shift... — read more
BDR's gone
Just saw that some BDR's in APAC have been let go. Not that they were widly successful as they spent much of their time explaining to prospects that Teradata was still in business, but it again demonstrates that as revenue dries up, no new logo's are... — read more
Teradata is still hiring...
and folks come to work for TD. So wondering, is the market this bad, so there are no choices, or do they know something we, who want to leave, don't?
Layoffs today - anyone have details?
There was a layoff today. Does anyone know roughly how many and which departments? Any big names?
StockStory is not a fan
“We cheer for all companies solving complex business issues, but in the case of Teradata, we’ll be cheering from the sidelines. With its shares lagging the market recently, the stock trades at 1.7× forward price-to-sales (or $30.59 per share). While... — read more
2025 Strategy - Milk the Dying Cow
SM, the ELT, and the Board are well compensated for just milking the cow. There is no governance, so nothing will change until the cow dies, and the cow will live on life support the next 3-5 years. It will be miserable for the average employee so... — read more
DEI-2025
Now the DEI will be a thing of the past, any predictions on what SM will do?
2024 results
Has Teradud announced when it will release its 2024 numbers? Should be fun. I can’t wait to see how Marketing, which has nothing to market, and PR, which has nothing worth saying, will spin it. I image the sycophants are already crawling up the... — read more
DEI at TDC - Smart Business Decision
Our HR training says diverse organizations perform better. Thanks goodness for DEI at TDC. Imagine how bad our results would be without it…our stock would be under $20. HA, KCC, and JW saved our company!
Lipstick on a pig
I get the bean counters are losing their minds trying to make this dog hunt.
Advertising at Clippers games ?
I was watching the Warriors vs Clippers game tonight, when what did my wondering eyes see but a bunch of TDC logos all over the backboard and sideline! I had to rewind and check cuz I was d-mbfounded. How long has this been going on ? And who is... — read more
I’m indifferent about Jan layoffs
There will be a round, for sure. TD has already proven that they lack capacity to resort to anything but layoffs when facing bad results. God forbid they would actually come up with a growth plan. But maintenance mode also doesn't cut it, especially... — read more
New Years Resolution
Your 2025 resolution should be to get out of Teradata and get a job with a future. Good luck!
Where the next cuts are coming from
With a very bad end of Q4 incoming, we typically see cuts in early Jan. Many reps are not even at 50% of quota so the revenue numbers will be in reverse. We've seen cuts in so many areas, it's hard to see where else they can cut. Anyone have any... — read more
TDC Market Cap versus others
Databricks just announce another round of VC money with a company valuation of $62B. Between Snowflake and Databricks (both of whom are taking market share away from Teradata), they dwarf the market cap of Teradata. How much longer can the company... — read more
The Fix Is In
The posts over the past year have highlighted the many issues with the Board, management, and lack of competitive, differentiated products. Many would like to see this once-great company return to some level of market success; however ... the "fix"... — read more
Teradata - The Mike Tyson of Analytics
Watching the once great Mike Tyson attempt to fight the younger more agile Jake Paul, it was like watching Teradata try to fight Snowflake, Redshift, and Databricks. It’s pitiful and I feel sorry for the average employee still stuck there. The ELT... — read more
TDC Still Hiring
Engineering is still hiring just two months after a round of layoffs. I'm not sure what the strategy behind this might be.
Snowflake
...after earnings has a market cap 20x Teradata's . They should buy TD, migrate the remaining customers, and call it a day.
Wow! TDC is getting good press
Wonder how that happened considering what a dog it is.
TD is the worst
Terrible management always blames you for everything and never has your back. Work-life balance doesn’t exist anymore, and the expectations are completely unrealistic. The team is understaffed, meaning we're expected to pick up the slack without... — read more