Intel EMEA president resigns, chipmaker says pay cuts are short term

clock • 6 min read
Intel CEO Pat Gelsinger
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Intel CEO Pat Gelsinger

After cuts following poor financial results, Intel CEO Pat Gelsinger vows to restore pay and benefits later this year; EMEA president Frans Scheper resigns after one year

Intel is vowing to restore the salaries of executives and senior employees this fall after their base pay gets reduced next month as part of the chipmaker‘s cost-cutting efforts following poor fina...

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