As a result of the pay cuts affecting everyone, many of Intel's most valuable resources will leave Intel once they have the opportunity to find another job. So, Intel's brain power will continue to decline, just when it is needed most. Someone like Costco or Walmart will end up buying Intel for next to nothing, and sell off all it's FABs to companies needing warehouse space. All of the chips Intel has in storage will be sold to Kohls to be sold as costume jewelry.
So, find yourself a new job!
Well said, @2dxm+1l8tcuVb.