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A comment on Intel Cuts Employee Pay to Maintain Quarterly Dividend. Parent comment

Re:Intel Cuts Employee Pay to Maintain Quarterly Dividend by marricks on Wednesday February 01, 2023 @12:02AM (#34606591)
> executive compensation is stock-based

If they're cutting executive salaries by the largest amount it sounds good on paper but doesn't really do anything because their pay is, as you said, stock based.

So, unsurprisingly, very skeezy unless they change the largest factor in their pay.

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Re:Intel Cuts Employee Pay to Maintain Quarterly Dividend by dmurray on Wednesday February 01, 2023 @02:47AM (#34607680)
Intel is down almost 50% YoY so the execs have already seen a much larger pay cut.

Not that I have a whole lot of sympathy for someone who now makes only $100mm/year, but surely that's variable compensation working as it should.

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