Workforce articles

AMD is cutting five percent of its workforce

Advanced Micro Devices is planning to trim about five percent of its global workforce as part of a cost-saving restructuring effort. Drew Prairie, a spokesperson for the company, told Reuters that just shy of 500 employees would lose their jobs.

AMD preparing to lay off 20-30% of workforce

Chipmaker AMD is purportedly preparing to lay off up to one-third of its workforce, according to All Things D and its sources familiar with the company's plans. Amongst positions proposed for elimination are sales and engineering -- a category which…