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As layoffs sweep through multiple business sectors, these CEOs are foregoing bonuses and slashing salaries in an attempt of solidarity with workers.
Intel spokesperson Addy Burr said the "changes are designed to impact our executive population more significantly and will help support the investments and overall workforce."
Intel CEO will Pat Gelsinger will take a salary reduction alongside other higher-ups, as the tech giant attempts to recover from an economic downfall.
The layoffs will be announced as early as this month and some of Intel's divisions, including the sales and marketing group, could see cuts affecting about 20% of staff.
Intel CEO Pat Gelsinger gets a surprise delivery on Sunday evening from Raja Koduri: an Intel Arc A770, which he says the first batch is nearly ready.