I've been wondering why employees endure this "Squid Game" level of stress every quarter or six months. What's holding them back from exploring other opportunities in the job market? Is there some sort of contractual obligation preventing them from... — read more 

DS has managed to destroy in under 3 months a PM org that may not have been perfect, but was an org that took several years to get to this point and was still in a rebuilding process. DS's plan is to get rid of all the PMs who are smarter than him... — read more 

Downright shameful how much they rake in while the ship sinks. The apathetic board just takes their comp for a few hours work each quarter and looks the other way. None of them even know our industry or technology. Would you put any of them in... — read more 

Ever see The Walking Dead? Reminds me of my time at Teradata. The zombies are the employees who get axed by the 10 minute HR phone call that appears on their calendar. The rest are just surviving until they get cut. The ELT is who needs to get cut... — read more 

https://www.marketwatch.com/story/teradata-slides-13-after-2q-revenue-falls-guidance-cut-243b01c6 DOW JONES NEWSWIRES Teradata Slides 13% After 2Q Revenue Falls, Guidance Cut Published: Aug. 6, 2024 at 1:54 p.m. ET By Victor Swezey Shares of... — read more 

The 10% RIF will perhaps put TD on the right track to win back and shine again. Who really knows ? RIF is a common strategy to get lighter and quicker while thinking and acting ? And often, it works well. People who are invited to leave should not... — read more 

The ELT will stay has long as they are able to make $$$ on the backs of those RIF’d time after time. But please do remember: “Teradata Cares”.

Just heard a rumor that as part of our new cost-cutting strategy, the planned salary increase for October will be delayed until March and this will be announced during the all-hands meeting.

Please resign. With Teradata on your resume, you lack a compelling story for your next employer. Once this role is over, you might only be left with living off the interest from your CDs, having misappropriated funds from Teradata. It’s disappointing... — read more 

In other words, we’re losing 10% of the company just to pay SM’s salary for the year. Not a good tradeoff. He’ll keep smiling, keep failing, and keep cutting while he keeps collecting an inflated paycheck.

Without a long-term strategy to at least keep us afloat, another 10% cuts in workforce will solve nothing. Especially now when many competent and talented people are already gone. From now on the question is only how long until we touch the bottom... — read more 

Your time is up. Return some of you undeserved exorbitant compensation too. You can’t even be honest about the ship sinking. Embarrassing

I’m guessing most of the RIF will happen this year based on the Q2 report. Does anyone know when it is starting?

The analysts are finally catching on. SM full of be on new logos. Says they will double in Q3. From maybe 1 to 2! Embarrassing for everyone involved.

In all of the replies from Aug 5th to the "good news" post I knew this day was coming. I was with Teradata for over 6 years and was blindsided by my Solution Engineering Manager and Director on Nov. 1st. The SE's on these major accounts not only knew... — read more 

SM and his clown show LT has lost the locker room and cannot regain it what ever he does or says. No one internally believes him or any of his LT. Your BOD experiment to hire a non-experienced CEO with little more than to say the word "cloud" and... — read more 

Another 10% reduction in force on the way. Existing customers leaving in droves. No new products. No new clients. Revenue YoY continuing to drop. No reason for hope. Someone who really doesn't care anymore and is just waiting to get riffed... — read more 

This is worth reading - the Q2 2024 Earnings Call transcript https://seekingalpha.com/article/4710648-teradata-corporation-tdc-q2-2024-earnings-call-transcript Some points to note taken from that transcript: “In addition to gross margin strength... — read more 

So the results are almost all negative quarter to quarter and 2023 to 2024. Ten percent of the remaining survivors to be laid off. What company in their right mind would buy anything from Teradud? It’s going to be a brutal Q3.

Can’t spin continued revenue decline in a growth market. All competitors growing by double digits.

Q2 results are bad. Anything related to layoffs?

Ahh, cut another 9-10% of the company to reduce expenses. Recurring revenue continues to decline, as does total ARR and cash flow / free cash flow. But hey, at least that leadership team will get more equity to sell.

Anyone else find it so too?! Lawsuits... ever bad performance... a very uncertain future... time for BlueSky.

August 5th will be fine, there will be lots of good news. Trust me 😀.

any idea?

Is Anyone buying through ESPP ?

its RIF time. I am tensed considering what could happen to my team as I am pretty sure this time there's going to be an impact in engineering at some higher levels as well. Over heard an exec literally shouting in a meeting room at the office on his... — read more 

Talk about underperforming- in a high growth market TDC is $31. It has not really moved in a sustainable way for 15 years! How can the ELT pretend “the strategy is working” - they should resign and return their RSUs. What a sad, depressing company... — read more 

Since so many seem to hold nothing but disdain for TD (myself included) I'm curious what was the turning point for you?

Stock down 10%, lawsuit filing end date is near, Q2 earnings. Is teradata selling? Layoffs? What’s the forecast? https://www.fool.com/investing/2024/07/19/why-teradata-stock-fell-5-on-friday/

First, I'll say that I feel for you guys. This is tough times no question about it. Hope you move on to something much better... My question is for anyone that had restricted stock units that had not vested yet. Did they vest them as part of your... — read more 

How are they still here? How do we keep losing valuable employees and these leeches remain every single time? Is there nobody who can do something about this? It makes me so mad to know we have to do the work of several people while they do nothing... — read more 

I left TD shortly before Vantagecloud Lake was released. As I recall, the new architecture was supposed to make Vantage as a service profitable as well as give existing customers a reason to stay with Teradata. Has any of that happened? From the... — read more 

It’s chaos due to mgmt not being capable to cope with the aftermath of layoffs. And frankly, morale is close to zero. How do you cope? I’m trying to resist doing anything outside my normal tasks, including doing everything in my power not to take on... — read more 

We should get combat pay. Not only are we attacked every day by cloud-native non-legacy databases like Snowflake, Databricks, and Redshift but we have to battle constant RIFs from our ELT. We either get shot by competitors or our own weak leaders... — read more 

Does anyone have any updates on: the class action lawsuits against Teradata? ... I think the last word was looking for lead plaintiff(s) the court case between Teradata and Cerulium? ... I think there may have been some judgment but it's hard... — read more 

At least until September? It would be lovely to be in peace for a few weeks at least.

PwC has an automated migration from Teradata to Snowflake and Redshift. Other consultants are doing this too. “All our Teradata clients want to get off this expensive database”. The end will come sooner than anyone thinks.