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?
Tired of this place
Is there anybody left who actually enjoys working at Teradata? I'm just curious, because all of the people in my department are fed up and are looking for ways to leave (myself included.) I think as soon as more jobs become available once again... — read more
This was trending back in December here on Teradata's page - it's worth a repost
Title: Do not get lulled I was laid off close to my 10 year mark. I liked working there, it was a great place. It was also however like a warm blanket for a long nap. Do not ever get complacent at work. You may think you are super well... — read more
Q2 Numbers - share your expectations
TD is releasing quarterly numbers in the coming weeks. What should we expect?
Forbes - Teradata Executive Compensation Adds Risk
https://www.forbes.com/sites/greatspeculations/2020/02/18/dont-buy-teradatas-turnaround-story/ What Noise Traders Miss With TDC In general, markets aren’t good at identifying value destroying companies that waste shareholder capital. Instead... — read more
Social Media Activity
Increased activity by all Teradata big guns on LinkedIn and beyond promoting free trails, fighting legacy perception etc. Is this the new normal or simply desperation at its essence? When will they release the numbers for Q2? Comments or... — read more
Nyquist, Harrington, Brobst
3 execs who are milking TDC with little return provided. Go look at the money year after year that they make versus the results delivered as leaders and in their specific functions. For example, Harrington leads services for a long time and services... — read more
Ringler, Kepler, Schwarz are dinosaurs
They have milked the board slot for too long and need to be replaced with talented board members. They allowed Vic and then Oliver to be highly compensated and drive terrible results. Lots of other critical mistakes under their watch. They must... — read more
Are we next?
With Europe being hit hard in the past two days, are we next? How worried should I be about today?
Layoffs today
Significant layoffs in Europe today. Up to 50% in some teams.