Software company Teradata pauses raises, says budget is going to AI
Companies are scrambling to find funds to invest heavily in AI, and some employees' benefits and pay are on the chopping block.
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AI isn't just coming for your job. It's coming for your pay.As companies look for cash to fund their AI transformations, some are finding it by shrinking employee benefits and compensation packages.Teradata, a global cloud software company, told its 5,100 employees in January not to expect an annual salary raise this year as it reallocates th...
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