After layoffs, Intel cuts salaries for employees – Times of India

After layoffs, Intel cuts salaries for employees – Times of India

After laying off employees, Intel has decided to cut salaries for employees, ranging from 5 to 25 per cent, with the CEO Pat Gilsinger taking a maximum 25 per cent cut on his base salary. The pay for the executive leadership team at the chipmaker will be reduced by 15 percent. Senior managers will receive … Read more