Thread regarding Intel Corp. layoffs

G is the OG

Gelsinger cut his own base salary from $1.2 million to $900k.

He made about $179 million in 2021.

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Post ID: @OP+1kYpJFC8

9 replies (most recent on top)

The public filings show that Pat owns 96,049 Intel shares directly, and another 266,530 shares through trusts. Pat took at ~$300k base pay cut to save a $565k yearly dividend payout for himself. Words cannot describe how shameful his behavior is. He's a charlatan.

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Post ID: @2vlp+1kYpJFC8

Who cares about base salary, as long as I continue collecting fat bonus and stock. haha, i am so smart.

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Post ID: @1uwh+1kYpJFC8

My last appointment with the BOD (years ago) was to beg them to continue our work on the IPHONE that was in our labs. They told me to f*ck off.

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Post ID: @wdg+1kYpJFC8

The comment king said: "Bring it to the BOD and take your best shot pal". Haha. Wanna duke it out in the parking lot? There really was a time when an employee would consider doing just that long, long ago. Today's "Board" consists of a group of overpaid non-open non-direct-C-Y-A executives who do not listen to or care what "Low Level" employees have to say. THAT MY FRIEND IS WHY INTEL IS FAILING.

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Post ID: @nkr+1kYpJFC8

Sorry Pal. I did one today, and this is not it. You remain an insufferable a$$ho-e commenting on what everyone seems to be thinking.  Maybe the big cheese will see your brown nose and throw you a bone someday.

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Post ID: @jhe+1kYpJFC8

This @Op is like a broken record dropping 3 posts a day on Gelsinger pay, always with bad data. Get over it. You come off like a bitter, self-entitled child. You don't like his pay package? Get on the calendar with the BOD and take your best shot pal.

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Post ID: @gwy+1kYpJFC8

Let's setup a go fund me for the poor guy to make up for the gap so he can eat, not too hard for 131000 people to pitch $100 each, that should collect 13m$. Should not be too hard considering its only 5% paycut

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Post ID: @wrv+1kYpJFC8

If he really thinks his plan will work, why didn't he forgo all pay in 2023? as a justure of confadance. Lord knows he can afford it.   P.S. The same goes for all of our overpaid executive A$$-hats.

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Post ID: @xkj+1kYpJFC8

Gelsinger did not make $179 million in 2021.

Go read the details.

Stock options are way under water.

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Post ID: @qpx+1kYpJFC8

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