Intel Cuts Employee Pay to Maintain Quarterly Dividend

Re:Intel Cuts Employee Pay to Maintain Quarterly Dividend by landemva on Tuesday January 31, 2023 @09:46PM (#34605676)

Or Intel has found cover from other tech shops to 'do the necessary' and prune the dead wood. It's about time the C level began to look at employee performance and contribution to profits or losses.

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Re:Intel Cuts Employee Pay to Maintain Quarterly Dividend by Retric on Tuesday January 31, 2023 @10:06PM (#34605804)

This is the opposite of trimming dead wood. Cutting pay is basically guaranteed to drive the most motivated employees away.

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Re:Intel Cuts Employee Pay to Maintain Quarterly Dividend by landemva on Tuesday January 31, 2023 @10:59PM (#34606175)

Good point; maybe this is the least effort way for C level to do something without doing hard work. We will see over next couple years how attrition works out.

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Re:Intel Cuts Employee Pay to Maintain Quarterly Dividend by blihp on Tuesday January 31, 2023 @11:53PM (#34606531)

The C level is the dead wood at Intel. This is 15+ years of bad management decisions catching up with them.

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Re:Intel Cuts Employee Pay to Maintain Quarterly Dividend by kergonath on Wednesday February 01, 2023 @01:47AM (#34607289)

Employee performance is nothing without good leadership and sound strategy. Intel seems to be lacking both, and it’s not the fault of most of the employees getting pay cuts.

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