These 7 CEO’s are taking pay cuts to prevent more layoffs

Alphabet CEO Sundar Pichai announces top execs will take “very significant” reduction in annual bonus tied to company performance.

Apple CEO Tim Cook requested a 40% pay cut, to $49 million for 2023, after criticism of his high salary

Eric Yuan, the CEO of Zoom, would take a 98 percent pay drop, while other executives would take a 20 percent pay cut

Intel CEO Pat Gelsinger announces 25% pay cut along with top executives (5-15%) to cut costs and avoid layoffs

JPMorgan CEO Jamie Dimon received $34.5 million salary in 2022 with no “special award.” He was paid  $84.4 million salary in 2021

Morgan Stanley CEO James Gorman took a 10% pay cut in 2022, earning $31.5 million, due to challenging economic conditions

Goldman Sachs CEO David Solomon took a 30% pay cut to $25 million in 2022 due to economic challenges and layoffs (6.5%)