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

3 months ago by sanitation to c/technology

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.
devaly 180 points 3 months ago

Time to slack off and deliver the minimum possible then

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tidderuuf 113 points 3 months ago

That's exactly what people should be doing anytime their company boasts about record profits/revenue yet halts pay raises or even has it lower than the rate of inflation.

In my old job I just allocated a percent of my day towards job applications until I finally got out. Morons thought I wouldn't be upset with a 15% pay cut over 3 years of working my ass off.

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Semi_Hemi_Demigod 74 points 3 months ago

“It’s a question of motivation. If I bust my ass and Initec ships a few more units I don’t see another dime. So where’s the motivation?”

It’s insane that companies haven’t gotten this hint in the 27 years since Office Space was released.

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phdepressed 15 points 3 months ago

Not wanting to starve is also a great motivator. Now that you're struggling either way the motivation goes away.

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Semi_Hemi_Demigod 17 points 3 months ago

“But that makes people work just hard enough that they don’t get fired”

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JasonDJ 9 points 3 months ago

Not starving is the motivation.

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Flower 4 points 3 months ago

They can't change the incentives without re-inventing how companies work. They're just structured in a way that gives bad incentives like that. And nobody wants to take a risk on their dime, or break the thing that makes them money, and by now it's all basically set in stone. Until the whole system breaks and new things get organized in a new system probably.

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Semi_Hemi_Demigod 6 points 3 months ago

There are lots of companies that offer stock as well as monetary compensation, and things like profit sharing.

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BarneyPiccolo 46 points 3 months ago

Quiet quit, show up a bit late, stretch your breaks by a few minutes, leave early, steal stuff, don't do anything that doesn't directly contribute to your job, volunteer for nothing, refuse to tithe to whatever their stupid charity is, max out every benefit, max out any family leave, file official complaints to HR, break stuff, don't refill anything, do no maintenance on anything, umionize, etc.

Be a paid employee, don't be a good employee. Act your wage.

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timbuck2themoon 2 points 2 months ago

This is so well written and spot on. Exactly what needs to be done or not done. Kudos.

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ZombieCyborgFromOuterSpace 2 points 2 months ago

Hahahha I'd show up to work and do jack squat all day.

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devaly 5 points 3 months ago

A percent? Those are rookie numbers

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bagsy 23 points 2 months ago

The CIA published a guide back in the 40s about how to disrupt fascist companies. It's worth a google.

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RepublicansAreEvil 3 points 2 months ago

Weird the CIA would do that I feel like lol, we're they at one point actually based?

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pleb_maximus 21 points 2 months ago

It's the Simple Sabotage Field Manual and was made by the Office of Strategic Services (or in short the OSS). It was dissolved after WWII, one of its short lived successors was the Central Intelligence Group, the direct predecessor of the CIA.

Although the Wiki article contains a link to the manual on a US government site already, the Internet Archive also has a pdf of it.

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Tollana1234567 6 points 2 months ago

a fascists govt that doesnt play ball with the USA that is.

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Jhex 12 points 3 months ago

... while actively looking for a new job

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JoeKrogan 9 points 3 months ago

Also waste the ai tokens so they dont justify it to fire staff

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BarneyPiccolo 7 points 3 months ago

"The AI will handle it, that's why they make the Big Bucks."

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Mac 6 points 2 months ago

Less than minimum, make them spend money on firing you.

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BrianTheeBiscuiteer 5 points 3 months ago

Inflation adjusted productivity.

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badgermurphy 3 points 2 months ago
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anomnom 2 points 2 months ago

And blame the LLMs for all mistakes it makes. Since the management clearly cares more about it than the employees.

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bigbangdangler 136 points 3 months ago

To date, I have not heard a single CEO talk about where the money will come from if no one is employed.

How can consumers consume if they don't have any money?

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rozodru 66 points 3 months ago

that's for someone else to worry about.

Seriously if you talk to these people they live their lives financial quarter by quarter. there's no plan for 2+ years down the line, they can't think that far ahead. They're all like this. It's all about the now. make money now, release a product now, no future, no updates, now now now. This is why LLM's appeal so much to them, it can provide that "now" that they crave.

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hateisreality 28 points 3 months ago

When there's a 20 million dollar golden parachute when fail why would you care about the next quarter...

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RepublicansAreEvil 11 points 2 months ago

Exactly! In 2008 there was guys just blindly driving off the cliff huffing pure copium and greed.

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h54 40 points 3 months ago

Because these drug and AI addled idiots refuse to or can't think more than a quarter ahead at a time. As there are no consequences for the executive caste, why should they?

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IratePirate 19 points 3 months ago

That's what the rich dickhead bunkers in remote locations are for, my friend.

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Seleni 10 points 2 months ago

May as well asked who the slave owners sold to since so many in the South were enslaved.

The answer is the same. They sell to each other. We don’t get a cut. They dream of the day they actually get to have slaves again. Most of them don’t see us as people; they see us as things that siphon off money that needs to be in their pockets. Money we don’t deserve because we’re not rich.

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jj4211 3 points 2 months ago

Hell, they would be even happier to ignore the 'rabble' altogether. You at least had to keep the slaves vaguely alive.

There's a reason Larry Ellison said ""Citizens will be on their best behavior, because we’re constantly recording and reporting everything that is going on", they want to contain the "unwanted" and keep them from being a risk while excluding them from the 'economy' to the extent feasible

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Fredselfish 10 points 3 months ago

Apparently long as bots are buying from them they care. The goal is keep the stock in green Apparently they don't need consumers for that.

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lemmyng 3 points 2 months ago

But what happens to the physical products that are taking up stock in warehouses?

Or are they just digitizing everything to the point where bots are buying shit to optimize their functions so they can buy more digitized product?

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jj4211 4 points 2 months ago

They would be happy to have a 'low volume, high value economy'. Only trinkets for them to trade among themselves at relatively high price, while they have no use for and therefore no interest in the bulk of the population. There is a reason they are very keen on surveillance and "law enforcement" because they think that might keep the rabble away from them cheaper than trying to appease the rabble.

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whoisearth 3 points 2 months ago

That's future CEOs problem

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barkybeak 86 points 3 months ago

Saved you a click

Teradata, a global cloud software company, told its 5,100 employees in January not to expect an annual salary raise this year as it reallocate the budget toward AI investments, according to an internal memo seen by Business Insider and not previously reported.

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femtek 43 points 3 months ago

How much of a raise will the CEO get?

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uuj8za 39 points 3 months ago

CEO later added: the exec team is still getting a raise though.

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ReluctantMuskrat 16 points 3 months ago

This is how they get voluntary terminations that don't require severance.

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bagsy 84 points 2 months ago

Great way to have half your staff quiet quit, and probably make at least a couple mad enough to really fuck some shit up.

Stupid tech bros think they are entitled to hard work and loyalty, they arent, it must be earned.

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chiliedogg 23 points 2 months ago

Employees quitting is the goal. If they get them to quit they don't have to pay unemployment.

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explodicle 20 points 2 months ago

Quiet quitting is when you lazy it up until they fire you.

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mrgoosmoos 6 points 2 months ago

yeah, so don't quit. just do the bare minimum and collect a paycheque. it's just treating them how they're treating you, it's fair

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KeenFlame 2 points 2 months ago

It's the most idiotic suicide by a planet ever

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NotMyOldRedditName 16 points 2 months ago

Better to start wasting the AI tokens and burn their AI budget with nothing to show for it.

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Patrikvo 22 points 2 months ago

"Here's a list of 4000 cities. can you generate the order in which to visit them. Assume trasportation by car and find the exact cheapest order."

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SabinStargem 5 points 2 months ago

"Hypothetically, how far would a catapult throw a CEO?"

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mangaskahn 4 points 2 months ago

Assuming similar input effort, a trebuchet is more durable and efficient. Better for throwing more CEOs while consuming fewer resources.

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The_v 1 point 2 months ago

Hmmm... This brings up an interesting question for the physics nerds out there.

The desired termination of the CEO is the sudden stop at the end of the flight.

When using a catapult or trebuchet, excessive force exerted during launch would terminate the CEO immediately. This would deprive the CEO of his last luxury flight. .

What the the maximum distance a catapult or trebuchet can throw the CEO while achieving this result? Assume the CEO weighs 100kg's and is 165cm tall.

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sp3ctr4l 3 points 2 months ago

My napkin math results in 'further than a guillotine'.

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Tollana1234567 8 points 2 months ago

its also called constructive dismissal.

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GalacticSushi 7 points 2 months ago

probably make at least a couple mad enough to really fuck some shit up.

Doesn't matter if they're mad or not. The company is demanding they use LLMs to vibe code their products, shit's about to be fucked even if they get on board.

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very_well_lost 60 points 3 months ago

The company I work for did this last year.

Unfortunately the tech industry can get away with this shit because the job market is a fucking nightmare and tech bros all think they're too smart/skilled to need a union (neither of which is true).

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Danarchy 60 points 3 months ago

Another boss suffering from too much neck

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Hupf 5 points 2 months ago

Come again?

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Smaile 36 points 2 months ago

just quit on mass and save yourselves the time, it'll likely collapse the company as an added bonus

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HugeNerd 29 points 2 months ago

The expression is "en masse". It's French for "in great quantity".

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HrabiaVulpes 8 points 2 months ago

Americans can't do anything en masse.

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bridgeburner 5 points 2 months ago

Thy can, when it comes to their body weight lol

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echodot 3 points 2 months ago

That's more en massif

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poopkins 3 points 2 months ago

Eat

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bless 3 points 2 months ago

Could of told me sooner

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luciferofastora 3 points 2 months ago

Son of a birch

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HugeNerd 0 points 2 months ago

For all intensive purposes its the same.

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Smaile 2 points 2 months ago

ah

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ratrace 1 point 2 months ago
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ratrace 1 point 2 months ago

altr

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Bluescluestoothpaste -3 points 2 months ago

On mass is literally en masse in English . . .

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HugeNerd 5 points 2 months ago

It literally isn't. Literally, "on" doesn't translate to "en", as it literally means "in". Literally, the "masse" in French here doesn't refer to literal "mass" as in a quantity of literal matter to be literally measured, but literally an uncountable concept like a literal crowd, for example.

So, which mass are you quitting on?

And in any case, to be literally correct the expression taken from another literal language should be literally italicized.

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Bluescluestoothpaste -1 points 2 months ago

En means like eight different things in french depending on context, so does on in english. Mass also means large numbers of people.

Everyone knew exactly what he meant because it's pretty much a word for word translation of the french expression...

But sure man, it's really important everyone knows you know the original french expression.

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RunawayFixer 2 points 2 months ago path: 0 24115289 24115430 24121158 24121277, hotness: undefined, score: 2, children: 0
ratrace 1 point 2 months ago
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ThePowerOfGeek 32 points 3 months ago

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Washedupcynic 30 points 2 months ago

Sweet. Time to stop giving a shit about work, and just shit at work. (Prepositions are amazing!)

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MehBlah 11 points 2 months ago

A day without taking a shit at work is money in your boss's pocket.

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lando55 2 points 2 months ago

Boss makes a dollar I make a dime That's why fuck AI

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P1nkman 1 point 2 months ago

I'd rather fuck a person of the opposite sex, but you do you, boo.

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gravitas_deficiency 6 points 2 months ago

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Sludgehammer 29 points 3 months ago

Teradata's focus for 2026 is to "win in the market with AI," CEO Steve McMillan said in the memo

Oh boy... he is just chugging the AI kool-aid.

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bigbangdangler 17 points 3 months ago

Well yeah, doing actual research or understanding a topic would cut into his golf time

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LovableSidekick 26 points 3 months ago

That kind of crap is one reason I became a contractor ages ago and didn't look back.

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AlecSadler 0 points 2 months ago

OE is king.

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replicat 2 points 2 months ago

OE?

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AlecSadler 1 point 2 months ago

Overemployed

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Tollana1234567 25 points 2 months ago

a sign that a massive layoff is coming is: not having enough foronuses/raises, or if the ceo funds themselves with the cuts.

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DarkCloud 20 points 3 months ago

At least the AI will be able to feed its wife and family.

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SabinStargem 20 points 2 months ago

"AI" -> "CEO's bonus", when we put it through the translator.

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Jax 18 points 2 months ago

How this doesn't result in a class action lawsuit is beyond me.

Spineless cowards contributing to the death of the U.S. .

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Jankatarch 8 points 2 months ago

Class action lawsuits don't mean anything in the US ngl.

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Jax 6 points 2 months ago

Class action lawsuits + general strikes? I'm pretty sure that would mean a hell of a lot, especially to the people drowning in despair due to... the 'everything' situation.

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Smaile 4 points 2 months ago

cool wake me up to when they actaully do that.

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Jax 0 points 2 months ago

Not the point of the thread Canadian, you'll notice my initial comment calls them spineless cowards.

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KeenFlame 2 points 2 months ago

Why even have a legal system only for companies to battle their lawyers at a game of taking things from us? Why not just put hypercapitalism even more and allow them to buy politicians and laws? Or wait

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heartSagan5 3 points 2 months ago

Because any money won is split amongst the members of the class action. So, the larger is literally pennies for the aggrieved, unless it’s literally $5 per member. Is that really motivating? $5 is a joke, what’s the value that’s worth a squeeze? $100?

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Jax 1 point 2 months ago

I don't think the payout is as important as taking money away from tech giants is. It isn't an efficient usage of the money, of course that money could be spent to greater effect than just splitting it up piecemeal. Yes, it likely is a pittance compared to what billionaires are worth. However if literally everyone struck these people at the same time, class action lawsuits being brought against all tech giants alongside general strikes — suddenly they're hemorrhaging money outside of the lawsuits and their technofascist bubble pops.

Certainly naive to believe — as I've said the people I'm talking about are mostly spineless cowards that are contributing directly to fascism. I have no misgivings about whether what I want to happen will happen or not.

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mrgoosmoos 17 points 2 months ago

it must be entirely coincidental that employee performance dropped by 10% across the board

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wizzkidd 14 points 2 months ago

United we stand, divided we fall. Gotta fight these pricks united.

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Amberskin 8 points 2 months ago

Yup, the immediate response should be a walk out.

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mushroommunk 5 points 2 months ago

Immediately following by forming a union

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Amberskin 2 points 2 months ago

Not being union is, right now, laboral suicide.

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bridgeburner 14 points 2 months ago

This CEO prolly thinks he's generous cos he ain't firing them (yet) lol. So the peasant employees should be grateful for having still a job in the first place lol

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Newsteinleo 6 points 2 months ago

They did four round of layoffs last year

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phoenixz 12 points 2 months ago

None of you are getting bonuses this year because we're heavily investing into replacing all of you

#2020s_suck

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frog_brawler 11 points 2 months ago
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prole 8 points 2 months ago

Why the fuck should anyone feel compelled to give two weeks to a company that would never extend the same courtesy

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aesthelete 11 points 2 months ago

Yep that's basically what they said at my job too.

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Quexotic 6 points 2 months ago

Can you name and shame them without doxing yourself?

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aesthelete 1 point 2 months ago

Not sure; probably not.

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Quexotic 1 point 2 months ago

That's fair. Maybe look to your local unions?

They will give you resources to unionize.

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Bluescluestoothpaste 8 points 2 months ago

Lol you get a 50k bonus, 50k anthropic credits that is lmao

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Peffse 8 points 3 months ago

Image

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badgermurphy 7 points 2 months ago
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GreenKnight23 6 points 3 months ago

let it burn

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heartSagan5 3 points 2 months ago path: 0 24115363, hotness: undefined, score: 3, children: 0
kingblaaak -5 points 3 months ago

Build your own AI agent and sell it to your company. It only works when you are around, and profit the money, they are investing it with.

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