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US tech CEO scraps annual salary hike for 5,100 employees to boost AI spending

CJPN24 AI Desk2 min read
US tech CEO scraps annual salary hike for 5,100 employees to boost AI spending
US tech CEO scraps annual salary hike for 5,100 employees to boost AI spending
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According to a report by Business Insider, cloud analytics and data platform company Teradata informed employees in January that annual pay increases would be paused this year.

The decision was outlined in an internal memo from CEO Steve McMillan, wh..

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