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Teradata pauses annual salary raises for employees to reallocate budget toward AI investments, highlighting a broader corporate trend of funding AI transformations by reducing employee compensation.
After Shopify's stock dropped 80%, CEO Tobi Lütke rebuilt the compensation structure to let employees choose their mix of stock, RSUs, cash, and Shop Cash, adjusting quarterly.
Meta employees are rushing to use up benefits and leaving offices ahead of mass layoffs, as the company restructures to prioritize AI investments, causing low morale and anxiety about AI's impact on jobs.