Madshrimps Forum Madness

Madshrimps Forum Madness (http://www.madshrimps.be/vbulletin/)
-   WebNews (http://www.madshrimps.be/vbulletin/f22/)
-   -   AMD to cut 1,600 jobs, roughly 10% of workforce (http://www.madshrimps.be/vbulletin/f22/amd-cut-1-600-jobs-roughly-10-workforce-43399/)

Shogun 8th April 2008 02:07

AMD to cut 1,600 jobs, roughly 10% of workforce
 
The worst is not over by a long shot for AMD. This afternoon, the company confirmed it would have to make very painful cuts, the repercussions of which are already being felt in terms of declining revenues.

Up until today, AMD had been saying it expected its revenue from the first calendar quarter of this year to decline "in line with seasonality" -- meaning, it would be lower than over the Christmas holiday because January always drops from December. And analysts had been responding to that claim, for the most part, with disbelief. As it turned out, the analysts were right.

http://www.betanews.com/article/AMD_...ook/1207607120

jmke 8th April 2008 08:30

these were rumored for more than a few weeks now


All times are GMT +1. The time now is 20:13.

Powered by vBulletin® - Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO