Intel just surprised employees with drastic pay cuts throughout the company.

Found 53 days ago at Neowin

Intel, under pressure from shareholders and the market recession whether you acknowledge that reality or not have decided to cut pay by 5% or more corporate wide. Corporate employees from every side of the business have confirmed that the company is making drastic cuts, which are affecting its employees compensation and benefits. Quarterly pay bonuses, annual bonuses, a halving of 401k match from...

Read the article at Neowin

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