Topics regarding layoffs at Teradata Corp.

Topics regarding layoffs at Teradata Corp.

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.

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?

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 

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| 1090 views | | no replies yet
Post ID: @OP+1jm0qwzha

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 

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 

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?

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 

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| 1670 views | | 5 replies (last January 10, 2025)
Post ID: @OP+1wcasr50

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 

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| 1910 views | | 5 replies (last January 6, 2025)
Post ID: @OP+1wbpCpFy

New Years Resolution

Your 2025 resolution should be to get out of Teradata and get a job with a future. Good luck!

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| 940 views | | 2 replies (last December 25, 2024)
Post ID: @OP+1w8FWEji

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 

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| 1820 views | | 4 replies (last January 12, 2025)
Post ID: @OP+1w4luRpn

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 

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| 1250 views | | 3 replies (last January 10, 2025)
Post ID: @OP+1w2RFlxj

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 

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| 2390 views | | 9 replies (last December 19, 2024)
Post ID: @OP+1vTakZSl

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 

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| 1100 views | | 3 replies (last December 10, 2024)
Post ID: @OP+1vONi054

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.

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| 1800 views | | 7 replies (last January 9, 2025)
Post ID: @OP+1vLEYIhn

Snowflake

...after earnings has a market cap 20x Teradata's . They should buy TD, migrate the remaining customers, and call it a day.

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 

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| 1860 views | | 8 replies (last November 21, 2024)
Post ID: @OP+1vvekXUB

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