BP Exclusive
Intel offers ‘thank you’ bonuses worth thousands to staff impacted by pay cuts
Chipmaker has told staff it wants to reward them for their ‘resilience’ during a period of ‘austerity’
Intel is offering “thank you” bonuses worth thousands of euro to workers whose pay was slashed earlier this year as part of cost-cutting measures imposed by the chipmaker, the Business Post has learned.
Leaked documents show Intel is paying out restricted stock unit (RSU) grants – meaning stock that can be sold after a period of time – to compensate those impacted by cuts between March and September 2023.
The bonuses, which are expected to ...
