Published February 01,2023
Subscribe
Intel Corp on Tuesday confirmed that it has carried out broad worker pay cuts.
The reductions will vary from 5% of base pay for mid-level staff to as a lot as 25% for Chief Executive Pat Gelsinger, whereas the corporate’s hourly workforce’s pay won’t be lower, an individual acquainted with the matter advised Reuters.
Intel spokesperson Addy Burr mentioned the “changes are designed to impact our executive population more significantly and will help support the investments and overall workforce.”
Source: www.anews.com.tr
