AMD Laying Off 30% Of Its Workers?

C|Net, citing unnamed sources "familiar with the matter," claims that AMD will lay off 20% to 30% of its employees in the next few weeks. Advanced Micro Devices is prepping for layoffs that could impact a significant percentage of its staff, CNET has learned. The company, which makes processors for PCs and servers, could let go 20 percent to 30 percent of its employees within the next few weeks, according to people familiar with the matter, though the amount could be lower.