Skip to main content

Intel CEO Pat Gelsinger Takes 25 Percent Pay Cut as Part of Company-Wide Salary Reductions | Technology News

Intel CEO Pat Gelsinger Takes 25 Percent Pay Cut as Part of Company-Wide Salary Reductions Intel CEO Pat Gelsinger will take a 25 percent salary cut, the company announced on Tuesday. The chipmaker is cutting management salaries across the firm, as it tries to save cash for its turnaround plan. Last week, Intel provided a gloomy outlook, predicting one of the worst quarters in its more than 50-year history, amid a shaky global economy.

Labels:

Comments

Post a Comment

Popular posts from this blog

Google CEO set to appear before Congress | Technology News

Google CEO set to appear before Congress Google CEO Sundar Pichai will appear before Congress for the first time; Kurt 'Cyber Guy' Knutsson on what to expect.
Post a Comment
Read more

Hogwarts Legacy Sold Over 22 Million Copies in 2023, WB Claims; More Harry Potter Games in Development | Technology News

Hogwarts Legacy Sold Over 22 Million Copies in 2023, WB Claims; More Harry Potter Games in Development Hogwarts Legacy sold over 22 million copies last year since its launch in February 2023, Warner Bros. has confirmed. Out of that impressive number, around 2 million units were sold during the Christmas holiday season, with WB Interactive Entertainment president David Haddad claiming that it’s the best-selling game of 2023. As WB continues to expand on established fr...
Post a Comment
Read more

The Week in Tech: Countdown to the California Consumer Privacy Act | Technology News

By BY NATASHA SINGER from NYT Technology https://www.nytimes.com/2019/12/13/technology/california-consumer-privacy-act-ccpa.html?partner=IFTTT Get FREE UDEMY Coupons Here
Post a Comment
Read more