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Intel CEO Pat Gelsinger is Taking a 25% Salary Cut as the Chipmaker Slashes Costs

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Intel CEO Pat Gelsinger is Taking a 25% Salary Cut as the Chipmaker Slashes Costs


Intel is cutting executive pay across the company in a bid to cut costs after reporting its worst quarterly earnings in years last week. CEO Pat Gelsinger will take a 25 percent cut to his base salary this year, the chipmaker said Jan. 31, although it may hardly scratch his total compensation.…

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