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US tech CEO scraps annual salary hike for 5,100 employees to boost AI spending
In an internal memo, the CEO said the company’s primary focus for 2026 is to “win in the market with AI”.
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businessinsider.com
A CEO told employees they won't get raises in 2026 because the budget is going to AI
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.
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economictimes.indiatimes.com
5,100 employees won't get salary hikes as Tech CEO says company is spending on AI instead
Teradata salary hike 2026: Cloud software company Teradata has decided to freeze annual salary increases for its 5,100 employees in 2026 as it redirects those funds towards…
