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Intel CEO Pat gelsinger and other managers are facing a pay cut as the company looks to cut costs this comes days after the chipmaker posted quarterly earnings that disappointed investors yeah this is a just kind of a a seeming movement uh in the tech space where weamp;#39;ve seen Tech CEOs get a little haircut on their salaries gelsinger getting a 25 cut we saw Tim Cook get a cut we saw soon driver chai get a cut gelsingeramp;#39;s though is to his actual salary not his stock compensation so heamp;#39;s still going to get a ton of money out of this uh you know high-level Executives uh ing to the reporter getting 15 percent cut and mid-level employees looking at a five percent cut Intel obviously swung for a net loss of 644 million in Q4 they also guided for an adjusted loss of 15 cents per share in q1 so thatamp;#39;s not looking good analysts were expecting a profit of 25 cents per share
