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A CEO denied raises to spend money on AI instead. Companies have 'no idea what they're going to need in a workforce' when the AI race is over. | Fortune
Companies may be cutting raises and benefits to create attrition, one expert says.
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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…
