Submission + - Intel just cut pay across the board to avoid layoffs ala Microsoft, Google (neowin.net)

Submitted by segaboy81 on Tuesday January 31, 2023 @11:31PM

segaboy81 writes: Internal reports of Intel cutting pay across the board are flooding the Internet. It's now confirmed that CEO Pat Gelsinger with take a 25% cut, while everyone else takes a 5-15% hit. What's worse is it looks like they will remain cash-flow negative throughout 2023 despite all this.

This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Intel just cut pay across the board to avoid layoffs ala Microsoft, Google

Load All Comments

Search 0 Comments Log In/Create an Account

Comments Filter:

All
Insightful
Informative
Interesting
Funny

There may be more comments in this discussion. Without JavaScript enabled, you might want to turn on Classic Discussion System in your preferences instead.

Two wrights don't make a rong, they make an airplane. Or bicycles.

Submission + - Intel just cut pay across the board to avoid layoffs ala Microsoft, Google (neowin.net)

Intel just cut pay across the board to avoid layoffs ala Microsoft, Google More Login

Intel just cut pay across the board to avoid layoffs ala Microsoft, Google

Slashdot Top Deals

Slashdot