Indie Semiconductor Executives Slash Salaries, Streamline Workforce

An update from indie Semiconductor (INDI) is now available.

Indie Semiconductor, Inc.’s top executives, including the CEO, President, and CFO, have voluntarily reduced their annual base salaries to $1, while other executive management salaries have been decreased by 20% for a temporary period from September 2024 to March 2025, despite remaining eligible for bonuses. Concurrently, the company has implemented a workforce reduction plan affecting around 50 employees to enhance operational efficiency and continue investing in crucial growth segments.

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