FoxtrotDeltaTango@sh.itjust.works to

News@lemmy.world · 18 days ago

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

www.businessinsider.com

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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 · 18 days ago

9

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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douglasg14b@lemmy.world
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18 days ago
So, they are giving everyone a cut, effectively.

Not giving a raise means that everyone loses to inflation, so everyone essentially gets a pay cut for the privilege to continue working for this company.

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