News@lemmy.world · 3 months ago

A CEO told employees they won't get raises in 2026 because the budget is going to AI

www.businessinsider.com

cross-posted to:
technology@lemmy.world

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A CEO told employees they won't get raises in 2026 because the budget is going to AI

www.businessinsider.com

FoxtrotDeltaTango@sh.itjust.works to

News@lemmy.world · 3 months ago

cross-posted to:
technology@lemmy.world

Cloud software firm Teradata has told employees not to expect annual salary raises in 2026, and says it is putting the money towards AI instead.

cross-posted from: https://lemmy.today/post/54194820

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3 months ago
They also did a huge stock buy back last year to prop up their stock.

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