News Summary

• Teradata, a global cloud software company, told its 5,100 employees in January not to expect an annual salary raise this year.
• The company is reallocating the budget toward AI investments, according to an internal memo seen by Business Insider.
• The candor with which leaders are naming AI as the reason for cuts marks a new rhetorical shift, said Jennifer Moss, a workplace strategist and author of "Why Are We Here?
• Creating a Work Culture Everyone Wants" TTEC, a midsize technology and services firm, recently paused 401(k) matches for its US employees through the end of 2026.