Nettet16. mai 2024 · In 2024, 16 companies had executive pay packages rejected by shareholders, according to As You Sow, an activist investor group. Gelsinger took over … Nettet1. feb. 2024 · The salary reductions and other changes are part of a massive cost-cutting program announced last October that will reduce Intel’s spending by $3 billion this year and up to $10 billion both...

Intel slashes wages, bonuses after disastrous quarterly results

Nettet11. apr. 2024 · EAST ST. LOUIS, Ill. – In a U.S. District courtroom on Monday, a federal judge sentenced a Cahokia Heights man to 120 months in prison after he admitted to distributing methamphetamine in 2024. Carlos M. Johnson, 49, received a concurrent sentence of 87 months’ imprisonment for a separate possession with intent to distribute … Nettet9. feb. 2024 · The CEO, Pat Gelsinger, is taking a 25% pay cut from his base salary Executive leadership will see their pay slashed by 15% Senior managers will see a 10% pay reduction Mid-level managers will see a 5% pay reduction These cuts are intended to impact the company’s top earners more than the average employee. the sandman cast hal

Intel to cut executive pay as chip glut wipes out profits across ...

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