Intel slashes employee, exec pay amid PC market downturn

said on Tuesday that it had made broad cuts to employee and executive pay, a week after the company issued a lower-than-expected sales forecast driven by a loss of market share to rivals and a PC market downturn. The reductions will range from 5% of base pay for mid-level employees to as much as…#intelcorp #patgelsinger #intel #addyburr #stephennellis #christophercushing #jamiefreed

Source: Reuters: Health - February 1, 2023 Category: Consumer Health News Source Type: news