Topics regarding layoffs at Teradata Corp.

Topics regarding layoffs at Teradata Corp.

Company All Hands Today...

Did I hear that right? SM starts with "Beware & buckle up"... not a great positive way to start!!

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| 1690 views | | 6 replies (last November 23, 2024)
Post ID: @OP+1vuEC7oi

TDC Stock Lower Than 10 Years Ago

Now under $30. Wow, how can any company that is a self-described “analytics leader” perform so poorly in a hot growth market? Bain and McKinsey should give us a refund. Executive bonuses should be revenue based. All they do is RIF people to reduce... — read more 

What’s your experience with job hunt?

I’ve been trying for months now, and the job market hasn’t been kind to me. There are options, if push comes to shove, but not many actually good ones. At the same time I just can’t convince myself into staying with TD. We have been in decline for so... — read more 

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| 1590 views | | 7 replies (last December 17, 2024)
Post ID: @OP+1vk7LgtQ

Total ARR Decreased - Revenue Flat at $440M

Don't buy the spin - this company has hit a hard ceiling and will probably never break $2B in annual revenue again. Hard to believe that over 40 years in a high growth segment of the industry and differentiated software for many years that it is in... — read more 

CPO shown the door

Hillary is leaving the ship, as announced in the earnings call.

Teradata Layoffs 2025

Anyone would care to chime in with a prediction about potential Teradata layoffs? Any chatter, news or rumors?

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| 1880 views | | 9 replies (last November 16, 2024)
Post ID: @OP+1vkpZV26

Severance payment

When will severance be paid? Returned my equipment, signed the letter. What else?

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| 720 views | | 2 replies (last November 1, 2024)
Post ID: @OP+1vhos9PK

Revenue Still Declining?

Will TDC continue the trend on the next earnings call? Any insight? I know SM will soon “cloud ARR” growth, but I’m asking total revenue growth.

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| 590 views | | 2 replies (last November 4, 2024)
Post ID: @OP+1vgmNrAn

Teradata now finally has a CTO

Teradata finally has a CTO that is not a contractor. However the named was promoted to the role and does not actually have CTO experience. What do we think of this... — read more 

It’s a risky bet TD is making

TD might be laser-focused on cutting costs by replacing older workers with younger, cheaper talent, but they’re missing a huge point. The new hires are all about strict job descriptions and protecting their personal time at all cost. Not to mention... — read more 

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| 850 views | | 4 replies (last November 3, 2024)
Post ID: @OP+1vgF6JY2

What AIP bonus?!

In current circumstances this information sounds most probably irrelevant. Those poor sods who are on AIP bonus should expect it to be cut to about 20% at best. There is some good news too... CB and her pals will keep their RSU's and will happily... — read more 

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| 890 views | | 3 replies (last October 30, 2024)
Post ID: @OP+1vd8xgHZ

What excuses are next?

When the next quarterly numbers are released and they are flat/down, what believable explanation can the ELT offer? What can they possibly point to in terms of net-new logos, increased revenues, or new business opportunities? After their latest round... — read more 

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| 800 views | | 2 replies (last October 24, 2024)
Post ID: @OP+1v7HGWzp

Corporate Age

Why doesn’t anyone talk about corporate age? Why is the entire leadership team including directors and managers all in their 40s and 50s when, in the same breath, they say “We’re going to hire younger talent with new ideas.” These managers... — read more 

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| 1370 views | | 9 replies (last November 1, 2024)
Post ID: @OP+1v641bUs

Impact & Teams

What teams were impacted during this round of layoffs? I wonder if they targeted seniors and high-payers to cut down on the costs.

Back to work….

For those lucky ones to survive yet another layoff it is back to work, if for nothing more than a paycheck. The ship remains rudderless but we keep rowing.

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| 950 views | | 3 replies (last October 18, 2024)
Post ID: @OP+1v3wdkxy

Wake up BOD

Your executive team's strategy is to cut and layoff and to buy back shares. this is a death spiral. where's the promised growth from this seasoned CEO that was hired?

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| 1130 views | | 3 replies (last October 17, 2024)
Post ID: @OP+1v2R9auz

Please, lay me off

Give me a chance to volunteer. I want out. There are more who feel the same way I do. Why not take advantage of that?

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| 1050 views | | 6 replies (last October 17, 2024)
Post ID: @OP+1v2pl8Mt

Layoffs will last this whole week?

I’m torn between needing the job and wishing to be laid off. It’s clear that TD is going nowhere, so there is no point in staying, really. But I need at least a few more months of job search in order to find a replacement that’s decent. Most jobs... — read more 

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| 1150 views | | 4 replies (last October 17, 2024)
Post ID: @OP+1v1Pi95Q

APJ affected yesterday

Partner Managers shown the door yesterday. There goes any hope of working with partners in the future. It was already tough trying to convince the SI's to go with an old antiquated legacy technology versus snowflake or databricks. Shows that Teradata... — read more 

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| 980 views | | 2 replies (last October 17, 2024)
Post ID: @OP+1v1cYpVr

Unemployed!

First day waking up unemployed. Feels awkward but liberating. What next? Have no idea but it’s going to be better than the status quo.

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| 870 views | | 3 replies (last October 17, 2024)
Post ID: @OP+1v1qemqd

Where was George Clooney?

In one of the rif calls today we heard them say "consider your separation from teradata as not the end but a beginning of something big" They're not wrong! Anything would be better than hanging around the Kodak of the database world. It will be... — read more 

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| 1070 views | | 2 replies (last October 16, 2024)
Post ID: @OP+1v1v63x3

I was impacted - AMA

I was one of the lucky few to be impacted. Couldn’t have asked for a better separation package. Ask me any question!

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| 2860 views | | 9 replies (last October 15, 2024)
Post ID: @OP+1v0h1E2b

10% Layoff Today

We lost two on my team today. US based associates. Myself and one other. Over 25 years with Teradata. Email account will be shut off today at 5PM. Twelve weeks salary and health benefits continuation . Not the best day of my career, but now... — read more 

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| 2390 views | | 6 replies (last October 16, 2024)
Post ID: @OP+1v0mHFG2

Marketing layoffs?

Midst all the layoffs, is Marketing affected by loss of any staff? Is CT still there?

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| 1430 views | | 6 replies (last October 16, 2024)
Post ID: @OP+1v0HPeih

TD is such a depressing workplace

I feel like all I do is spin the wheel and wait to be laid off. Everyone around me is anxious, on the edge, in a bad mood. TD does nothing, unintentionally or by design, to motivate us or to make us at least somewhat identify with the company. When... — read more 

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| 990 views | | 1 reply (October 15, 2024)
Post ID: @OP+1v0RW96L

Reorg

Any insights into the reorg?

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| 1860 views | | 6 replies (last October 18, 2024)
Post ID: @OP+1uZurqj5

Good luck to those already affected

And to the rest of us waiting for the other shoe to drop this week. I’ve been preparing for a while now for the possibility that I’ll be laid off, and I have some other options lined up. Tentative but still. I will probably leave on my own if I’m not... — read more 

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| 1960 views | | 4 replies (last October 15, 2024)
Post ID: @OP+1uZDFh0J

What are they offering?

If you have been notified, is it: Effective immediately? What’s the severance? Will they prorate RSUs? Was your manager on the call? Did you lose access immediately?

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| 1120 views | | 1 reply (October 15, 2024)
Post ID: @OP+1uZhl5gH

Has anyone been notified yet?

I am seeing notifications start tomorrow morning and go throughout the week. Is everyone else seeing the same?

Job on Linkedin for VP of Product Mgmt

There is a position posted as “confidential company” hiring VP of Product and written cleverly to omit any clue it is for TDC. The dead giveaway is the year the company was established at 1979. So HA is still doing her paranoia team building so... — read more 

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| 1580 views | | 5 replies (last October 14, 2024)
Post ID: @OP+1uWKMCDM

AI is a bubble. A big, stupid magic trick

"it's time to accept that the money isn't there. It's time to stop and take stock of the fact that we're in the midst of the third delusional epoch of the tech industry. Yet, unlike cryptocurrency and the metaverse, everybody has joined the party and... — read more 

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| 1630 views | | 8 replies (last October 11, 2024)
Post ID: @OP+1uT8hrGO

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