Dossier
TTEC
Coverage of TTEC in the Nexus archive.
- A CEO denied raises to spend money on AI instead. Companies have ‘no idea what they’re going to need in a workforce’ when the AI race is over
Teradata and TTEC are cutting employee raises and 401(k) matches to redirect funds toward AI investments, with companies believing this will drive revenue growth. A Resume Builder survey found over half of business leaders plan similar cost-cutting in favor of AI, though experts warn of potential long-term workforce risks.
- America's work perk boom meets reality
The era of expanding workplace perks is ending due to rising health-care costs and AI spending, with companies like Deloitte and Zoom rolling back benefits such as paid parental leave and retirement matches. This shift is a result of economic and labor market realities undergoing a drastic change. Companies are reevaluating the total benefits they can afford.