AMD to reduce its workforce by 10% in the coming months

By Matthew · 4 replies
Nov 3, 2011
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  1. Confirming industry speculation, AMD has announced that it will cut 10% of its workforce in an effort to save money -- or rather, "optimize cost structure to enhance competitiveness and…

    Read the whole story
  2. AMD Going on the selling BLOCK>?
  3. Think the cloud is a big mistake. Clouds are prone to outages and at the rate the world is expanding and the vagarities of the westher it is a real bad bet.
  4. Not surprised AMD went on a free-fall; when you shaft consumers by hyping a product and then grievously under-delivering (aka lying), you're left with a significantly lower customer bass.

    They should be cleaning house with the top management group.
  5. dividebyzero

    dividebyzero trainee n00b Posts: 4,891   +1,264

    Well said. I'd start at board level since none of them will be "optimized" out of a job. I'm also keen to find out what kind of bonus the CEO will be getting for presenting a lower labour charge to shareholders.

    As the saying goes: A fish rots from the head down

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