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The Economic Times
The Economic Times

5,100 employees won't get salary hikes as Tech CEO says company is spending on AI instead

Teradata Business Insider Artificial Intelligence United States

Artificial intelligence is changing the way companies operate, but for thousands of employees at one US technology firm, it could also mean missing out on a pay rise.

According to a report by Business Insider, cloud software company Teradata has informed its 5,100 employees that they will not receive annual salary increases in 2026. Instead, the company plans to redirect those funds towards expanding its artificial intelligence capabilities.

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